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

What's Next for Aurora Cannabis Stock?  Aurora Cannabis Inc (CVE:ACB) has both reasons to be excited and reasons to be apprehensive about marijuana legalization prospects moving forward. Aurora Cannabis stock was down five percent on Wednesday, despite having gained six percent the day after the Canadian federal government's task…

Is NVDA Stock Going to Win Big in 2017?  NVIDIA Corporation (NASDAQ:NVDA) shot up six percent by early afternoon on Wednesday as analysts released positive estimated earnings for NVDA stock. The big win for NVDA stock is the average earnings estimate that analysts are giving of about $0.86…

What's Going on Between Trump Musk?  The back-and-forth between Tesla Motors Inc (NASDAQ:TSLA) CEO Elon Musk and President-elect Donald Trump has taken a surprising new turn on Wednesday, as the newest chapter in the Trump Musk saga may be all about cooperation. Trump Musk (as I will refer…

Apple Stock Could Be Headed for a Huge 2017 Apple Inc. (NASDAQ:AAPL) has not had a particularly fantastic year. Gaining about 10%, coinciding with the market average, is a fair return, but nothing to write home about. But Apple stock bulls got some reassurance today as a Citigroup Inc…

It's Not All Rainbows for Tesla Stock  Tesla Motors Inc's (NASDAQ:TSLA) Tesla stock jumped three percent on Tuesday as oil prices rose and Alphabet Inc (NASDAQ:GOOGL)—commonly known as Google—reportedly "scaled back" self-driving car efforts, but short positions on the green tech company are reaching an all-time high. With the…

How the Canadian Feds Helped Boost Canopy Growth Stock  Canopy Growth Corp (CVE:CGC, TSE:CGC) got a helping hand from the Canadian federal government on Tuesday as the task force appointed to study the legalization of marijuana released its recommendations. Canopy Growth stock sparked up by four percent as the task…

Can Twitter Stock Rise Again?  Twitter Inc (NYSE:TWTR) was down 3.7% on Monday as questions still persist as to whether Twitter stock can pick itself back up in the long run. Twitter stock has seen a sharp decline in its value since the beginning of 2016; down 18%.…

Is AMD Stock's Magical Run Coming to an End?  Advanced Micro Devices, Inc. (NASDAQ:AMD) gained another three percent in yesterday's trading, on the back of a huge “double-upgrade” for AMD stock from analysts at Bank of America Merrill Lynch (BAML) to a "buy" rating. “[B]etter late than sidelined," wrote the company regarding its push…

Another Blow for VRX Stock  At this point, it doesn't seem that Valeant Pharmaceuticals Intl Inc (NYSE:VRX, TSE:VRX) could buy good news if it offered half of its VRX stock. The company was down five percent on Monday after the U.S. Food and Drug Administration (FDA) approved a generic version of "Nitropress."…

Will There be a Big Trump Tesla Meeting?  President-elect Donald Trump is looking to have a meeting of the minds with some of the biggest noggins in business. From Tim Cook to Larry Page to Jeff Bezos, some of the heaviest hitters in tech are expected to attend the…

What Killed Alexion Stock Today?  Alexion stock (Alexion Pharmaceuticals, Inc. (NASDAQ:ALXN)) dropped over 13% by midday on Monday as the company's CEO and CFO resigned, a month after the company began investigating allegations related to sales practices of its prized blood disorder drug "Soliris." Alexion stock joins the fast-growing throng…

Is Solar Energy About to Surpass Oil in Cost Efficiencies?  Solar energy enthusiasts, evangelists, and even doubters take note: the energy singularity may have happened and we didn't even notice. A new scientific review claims that scientists are using solar panel data that is at least seven years…

Are Lobbyists Going to Hurt or Help Tesla Cars?  Tesla Motors Inc (NASDAQ:TSLA) is among one of the few holdouts in the automotive industry not actively lobbying to have the recent U.S. Environmental Protection Agency (EPA) fuel consumption standard fleet requirement of 54.5 mpg by 2025 changed. Tesla cars,…

Is Apple Stock Set to Skyrocket?  Despite being one of the most profitable companies on the planet, some investors continue to remain bearish on Apple Inc. (NASDAQ:AAPL). But for brokerage firm Drexel Hamilton, LLC, Apple stock is only heading upward. One analyst has set a price target of $185.00,…

Is TIME Stock About to Be Bought Out?  The United States' largest magazine publisher Time Inc (NYSE:TIME) saw TIME stock surge eight percent on Thursday as The Wall Street Journal reported that the company has hired banks to help field takeover or partnership interest from billionaires and media investors. Some of…

Why Is FNSR Stock Rising?  Finisar Corporation (NASDAQ:FNSR) rose another seven percent in after-hours trading, surpassing its day-trading gain of six percent as its Q2 reports beat analyst estimates and boosted FNSR stock. Finisar, a company which provides fiber optic solutions for the fiber channel, gigabit ethernet, and CATV markets,…

Is FIT Stock in Trouble?  Fitbit Inc (NYSE:FIT) weathers another blow as Deutsche Bank AG (NYSE:DB) analysts downgrade FIT stock and cut their price target in half, from $18.00 down to $9.00 per share. FIT stock, despite the news, remained relatively unchanged on Thursday, only falling about three quarters of…

Why Is WYNN Stock Getting Hammered?  Macau casinos are reeling as China UnionPay Co., Ltd. bank card holders will have their ATM withdrawal limit diced in half by Beijing in an attempt to combat the multi-billion-yuan outflow of capital. Among the hardest hit is Wynn Resorts, Limited (NASDAQ:WYNN), with WYNN stock down 11%.…

Are Marijuana Stocks a Bust?  The wild ride of marijuana stock continues, now with some analysts claiming that marijuana stocks are overvalued and headed for a bubble. With the drug slated to be legalized in Canada in 2017, investors are rolling in, their engines sparked, hoping to take…

Does the Apple Car Exist?  Apple Inc. (NASDAQ:AAPL) is looking for another ringer. It had its "iPhone," "iPad," and "MacBook" booms; the "Apple Watch" sputter; and now needs some game changing new product. Enter the "Apple Car." Only, no one is really sure if it exists. The mystery surrounding…