Stephen Karmazyn, BA

Stephen Karmazyn is a writer for Profit Confidential, where he focuses on reporting breaking news in the technology and emerging industries.

Throughout his career as a journalist, Karmazyn has written on tech for a variety of publications, including The Financial Post, The Globe and Mail, and The Ottawa Business Journal. He served as the web editor for Techopia, a tech-centered newsblog focused on emerging start-up companies.

Get to know Stephen…

What first sparked your interest in tech?

Near the end of my undergrad, I spent some time interning at the Financial Post. My very first story was on Elon Musk’s SpaceX trying to land a used rocket on a floating drone-operated barge in the middle of a gulf. Besides being infinitely fascinating and an absolutely joy to write about, the story was my very first pitch and published piece. The next day Shopify went public and that absorbed the remainder of my time at FP.

What makes tech reporting different than other news?

Cutting-edge tech is having a profound effect on almost every aspect of our day-to-day lives, and tomorrow always brings something new to the table. Essentially, each article about tech acts as a potential preview for what life may look like in the near future.

What interests you about technology stocks?

Technology stocks are great to watch because the market determines in a very concrete way which devices will define our future. By following the emerging tech companies, you get to see in real time which innovations fly and which others will falter.

Stephen Karmazyn's Articles

Valeant Takes Another Blow  Valeant Pharmaceuticals Intl Inc (NYSE:VRX) can't seem to catch a break. The company dropped another 4.75% today as the embattled pharmaceutical producer was once again downgraded to "Underperform" from "Neutral" by Irina Koffler at Mizuho Securities Co., Ltd., where she believes investors are reaching the end…

Will Trump Tesla Trouble Tension Build for the Next Four Years?  With no more Hillary Clinton to attract the majority of their ire, it seems that some Donald Trump supporters have now set their sights on Tesla Motors Inc (NASDAQ:TSLA) and CEO Elon Musk as the new focal…

After dropping 15% on Tuesday, Canopy Growth Corp (CVE:CGC, TSE:CGC) stock shot up with a 20% rebound on Wednesday, marking another change of fortune in the unpredictable marijuana production market. The roller coaster that many of these marijuana producers—including Canopy Growth—have been riding recently shows no sign of slowing down,…

Elon Musk Tesla: The End of Gas?  Gasoline's best days might be behind it as Elon Musk Tesla Motors Inc (NASDAQ:TSLA) and other green alternatives are set to halt demand growth in the next 25 years, according to the International Energy Agency (IEA). Naturally, this will have a profound global…

It's been a wild ride for marijuana stocks in the past month or so, from legalization in several states to the great weed boom and bust cycle we're witnessing in the stock market. Now is the time to keep sharp on marijuana stocks. With that in mind, we've compiled…

How 2016 Can Dramatically Shift Tesla Stock  Tesla Motors Inc (NASDAQ:TSLA) stock could jump as high as 50% if the tech company can meet its production targets, which has proven difficult in the past. According to Forbes, Tesla stock is estimated to derive 45% of its valuation from sales of the mass-market…

Tesla Solar Panels Power an Entire Island Tesla Motors Inc (NASDAQ:TSLA) stock rose three percent on Tuesday off of a couple of big wins, including the powering of an entire island with solar energy and the official acquisition of SolarCity Corp (NASDAQ:SCTY).  After completing the $2.6-billion acquisition of SolarCity this week, CEO…

Canopy Growth Corp (CVE:CGC) stock is down 17.5% as the number of short-sellers' bets begins to skyrocket. Short-sellers have begun circling Canopy Growth, which is not a good sign for the long-term value of the stock. (Source: "Short-sellers piling into Canopy Growth and other marijuana stocks," The Globe and Mail, November 21,…

What to Look for on Amazon Black Friday We all know that offline and online, Black Friday—the holiday shopping ritual that is officially kicked-off following the end of Thanksgiving—is a huge boon for retailers like Amazon.com, Inc. (NASDAQ:AMZN). But just how big is an Amazon Black Friday? Here…

Apple Inc. (NASDAQ:AAPL) got some bad news from one analyst who believes that the tech giant's AAPL stock is in store for a "decade-long malaise." AAPL stock has had an up-and-down month, falling 4.3% overall but rising by 5.5% in the last five days. But, for this analyst, it's…

CSIQ Stock Hammered After Earnings Canadian Solar Inc. (NASDAQ:CSIQ) stock suffered a 9.5% decline on Monday as the third-quarter report came in below analyst expectations. The drop came as many investors see the solar panel market as potentially under threat as a less clean energy-friendly U.S. president is set to…

Will Fake News, Faulty Metrics, and Slow Growth Dramatically Hurt FB Stock?  Facebook Inc (NASDAQ:FB) stock has some analysts concerned over long-term projections due to several recent setbacks to the social media giant, including the platform's problems with fake news, faulty advertising metrics, and potentially slow growth next year. FB…

More Downside for Canopy Growth and Marijuana Stocks?  Canopy Growth Corp (TSE:CGC) continues its volatile streak by dropping 11% after registering large gains (along with many other marijuana stocks) a week ago. Canopy growth has had a wild ride recently. It rose by nearly 20% on November 14 alone, followed by…

SolarCity Corp (NASDAQ:SCTY) got a ray of good news as Elon Musk announced that he was confident that his company could produce roof solar panels at a lower cost to buyers than a regular roof. That's even before the savings on energy bills after the panels are installed. This is big news…

Why Did DRYS Stock Gain 1500% in Five Days?  DryShips Inc. (NASDAQ:DRYS) stock had a wild ride on Tuesday, rising as high as 120% before curtailing to a (measly) 66% gain. Tuesday marked the second day in a row that DRYS stock had gone absolutely crazy with unbelievable gains. On…

What Does George Soros See in INTC Stock? George Soros, the billionaire investor, seems to believe that Intel Corporation (NASDAQ:INTC) stock is a winning ticket, as a U.S. Securities and Exchange Commission (SEC) Form 13F reveals that Soros purchased 685,500 shares of INTC stock at a value of…

DRYS Stock Goes Absolutely Nuts DryShips Inc. (NASDAQ:DRYS) stock catapulted upward by 215% in a single day following news breaking of the company working with lenders to restructure its bank credits facilities. Between the proposed debt restructuring and a rise in the Baltic Dry Index (BDIY) suggesting that demand for…

Trump Effect Is Hurting Google Stock Alphabet Inc (NASDAQ: GOOG) stock dropped two percent on Monday as many investors continue to worry about President-elect Donald Trump's effect on tech giant stocks, with one popular investor going as far as calling them "a bubble." Jeff Gundlach is not keen on Google…

Sour Tesla-Trump Relationship Could Hammer TSLA Stock  Tesla Motors Inc (NASDAQ:TSLA) stock has taken an absolute beating since Donald Trump emerged victorious in the U.S. presidential election, with the stock dropping 8.5% since Trump's win on November 8. This is leading some to question whether the electric car company…

What's Driving SIRI Stock Up?  Sirius XM Holdings Inc. (NASDAQ:SIRI) and SIRI stock rose 2.8%, hitting an all-time high as several analysts rated SIRI stock as a "hold" or a "buy." Sirius XM has jumped about 10% since the beginning of the year, and today's stock price marks the…