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

Are Investors Trending Toward Bullish on Twitter Stock?  Twitter Inc (NYSE:TWTR) is up around one percent on Tuesday as investors are decreasing their short-interest positions by 21%, showing that many are turning bullish on the otherwise-struggling stock. Twitter stock has had a rough go of it for most of 2016, being…

Will Driverless Tech Updates Push Tesla Stock?  Tesla Motors Inc (NASDAQ:TSLA) isn't exactly known for resting on its laurels. As a new week dawns, so too is a new entry written of the saga of Tesla stock. This one has to do with a new and improved autopilot…

SpaceX News: What Can You Do With 4,425 Satellites?  Another day, another round of SpaceX news. The latest is that Elon Musk wants to blanket the entire planet in thousands of satellites in order to provide a worldwide, well, web of one gigabit per second broadband Internet coverage. Simple, yeah?…

What's Happening with Cognizant Stock?  Cognizant Technology Solutions Corp (NASDAQ:CTSH) saw its stock surge by eight percent after the Elliot Management Corporation hedge fund released an open letter calling out Cognizant stock as being woefully behind where it should be. "Despite this leading position," the letter stated, "Cognizant’s stock price performance…

Is the Model X a Bad Car?  Consumer Reports has delivered a less-than-stellar review of Tesla Motors Inc's (NASDAQ:TSLA) "Model X," despite Tesla stock registering its first consistent uptick in several weeks. The Consumer Reports review had several sticking points against the Model X, most notably the value for…

Can Amazon Stock Take Advantage of Shoppers' Changing Habits?  Amazon.com, Inc. (NASDAQ:AMZN) and Amazon stock must be absolutely ecstatic, as early numbers coming out of online Black Friday show that more purchases were made in the online space versus a brick-and-mortar shop. An estimated 51% of shoppers' holiday budgets…

Can New Streaming Taxes Harm Netflix Stock?  Netflix, Inc. (NASDAQ:NFLX) and Netflix stock could be in trouble as video streaming taxes gain popularity across several U.S. cities, most recently in Pasadena, California. I know it's hard to interrupt your The Queen or Gilmore Girls binge, but you might want to pay attention, as…

Can Trump Harm Tesla Stock by Reducing Subsidies?  While some are concerned that Tesla Motors Inc (NASDAQ:TSLA) might be harmed by an unfriendly White House and the potential reduction in federal subsidies, others are confident in the company, saying that the government subsidies aren't as crucial to Tesla stock as the…

Are Marijuana Stocks Headed for a Price War? Marijuana stocks are absolutely going crazy these days. Take Canopy Growth Corp (TSE:CGC) for example. The leader in the industry has been on a roller coaster ever since the end of the U.S. presidential election, when eight states voted to legalize some…

What's John McAfee Doing in Canada Working on Blockchain?  John McAfee, founder of the computer security solutions provider McAfee Associates, is not exactly known for living the typical business executive life. The globe-trotting, yoga-practicing, libertarian-loving cybersecurity guru has now found himself in Toronto working with Equibit Development Corporation (EDC),…

This Is Why Canopy Growth Corp. CEO Believes It Can Be World Leader in Pot Canopy Growth Corp. (CVE:CGC, TSE:CGC) CEO Bruce Linton says that the volatility of the company's stock is no reason to doubt its value. Linton told CBC in an interview: Most of the world . . .…

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…