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 Driving FireEye's Resurgent Climb?  FireEye Inc (NASDAQ:FEYE), the cloud-based security provider, continued to show strong gains at the start of this week, with FEYE stock rising another 11% after last week's 14% gain. Following last week's quarterly report in which FireEye Inc had a 12.6% jump in revenue…

How will U.S. Election Impact Dow Jones Industrial Average (DJIA) and S&P 500?  With the U.S. presidential election drawing to a close, some stock market analysts are predicting bounce-backs in the event of a Hillary Clinton win, and market dives in the event of a Donald Trump presidency.…

Elon Musk Lays Out His Reasons Against Voting For Trump As the U.S. presidential election nears its merciful conclusion on Tuesday, Elon Musk came out against Republican candidate Donald Trump last Friday during an interview with CNBC. "I feel a bit stronger that [Trump] is not the right guy,"…

This Is What's Causing One Analyst to Warn Against Facebook Stock  Facebook Inc (NASDAQ:FB) and FB stock investors face what may be a crossroads, as some analysts remain bullish on the stock while one analyst predicts a fall by as much as 30%. FB stock has had a solid…

AAPL Stock Is Dominating the Smartphone Market  Apple Inc. (NASDAQ:AAPL) recorded over 100% of the smartphone market's operating profits in the the third quarter, dominating its competitors, according to BMO Capital Markets. BMO Capital Markets analyst Tim Long estimates that AAPL stock accounted for more than 100% of the…

Just How High Could TSLA Stock Soar? Tesla Motors Inc (NASDAQ:TSLA) and TSLA stock got a ringing endorsement on Friday from billionaire buy-and-hold investor, Ron Baron. He told CNBC he believes he can make 30 to 50 times his money on his investment in Tesla within the next 15…

Why Google Stock Is Loving the Smartphone Market  Alphabet Inc (NASDAQ:GOOG) and Google stock may be ready to make a huge splash in the phone market as a new report shows "Android" phone sales dominating globally. 88% of the 375 million new smartphones shipped worldwide were running the Android operating system,…

Why FEYE Stock Is Gaining FireEye Inc (NASDAQ:FEYE) stock had a great showing in after-hours trading on Thursday, November 3, rising by 14% after a strong showing in its third-quarter report. With the 12.6% jump in revenue, and billings rising 2.3% to $215.4 million in the third quarter, beating analyst…

What's Happening To First Solar Stock?  First Solar, Inc. (NASDAQ:FSLR) stock dropped by 18.5% following the company’s announcement of a 30% price slash of its solar panels. The largest solar panel producer in the United States claimed that the price drop resulted from a dip in Chinese interest…

Why FB Stock Fell Even with a Killer Q3 Facebook Inc (NASDAQ:FB) stock dropped seven percent despite a stellar showing on its Q3 earnings report, due to fears of declining revenue going into 2017. It almost doesn’t seem fair that you can post 56% revenue growth over the same period…

What's Hurting GoPro's Stock?  GoPro Inc (NASDAQ:GPRO) fell in after-hours trading by six percent, due to an expected third-quarter report of further sales decline. GPRO stock has recorded three straight quarters of sales decline, and market forecasters don’t expect that to change on Thursday evening when GoPro releases its third-quarter…

What's Forcing Fitbit Stock Down?  Fitbit Inc (NYSE:FIT) stock took a dramatic fall on Wednesday during after-hours trading when the company failed to meet analysts’ estimates, tumbling 30%. Fitbit leads in the market for wearable devices, according to IDC Research, Inc. Fitbit is known for calorie and heart-rate monitoring bracelets that measure…

What's Up with Cempra's Massive Decline?  Cempra Inc (NASDAQ:CEMP) stock has burned to the ground, dropping 56% today after warnings from the U.S. Food and Drug Administration (FDA) that its experimental drug causes a higher rate of chemically induced liver damage compared to alternative treatments. The FDA report called the…

What’s Driving Yelp Stock? Yelp Inc (NASDAQ:YELP) stock got a shot in the arm on Wednesday, climbing over 11% after early morning trading. The jump comes after a better-than-expected third-quarter report in which, for only the second time, YELP stock has registered two consecutive months of profitability, reporting $2.1…

What Does VRX Stock's Rally Mean?  Valeant Pharmaceuticals Intl Inc (NYSE:VRX) made an impressive recovery today as VRX stock rose 30% despite the ongoing investigation into two of the company’s former executives. Yesterday, VRX stock looked all but dead after falling 12.02% as a result of a fraud investigation…

Why Bitcoin Prices Are Surging Bitcoin prices had a killer month, surging by around 20%. The cryptocurrency is now valued at $722.05, with many attributing its rise to Chinese interest and technological advancements. Bitcoin's popularity in China may be attributed to investors looking to the currency as protection against the…

Is Joining SolarCity and Tesla Together a Good Idea? Tesla Motors Inc (NASDAQ:TSLA) and SolarCity Corp (NASDAQ:SCTY) shares took hits as the build-up to their merger draws closer. Both companies suffered drops in their share prices, with TSLA stock falling 4.1% and SCTY stock falling 3.5%. This comes as details…

Valeant Pharmaceuticals Intl Inc (NYSE:VRX) stock is plummeting on rumors that U.S. prosecutors are building a fraud case against two former company executives. Valeant stock plunged 12.02% after news of the investigation went public. Former CEO J. Michael Pearson and former CFO Howard Schilling could face charges within weeks. (Source:…

A Game Changer for Honeywell Stock? Honeywell International Inc. (NYSE:HON) is hoping that its military satellite communications and "JetWave" hardware could be the next big boon for Honeywell stock. The company will use its satellite communications hardware in conjunction with the International Mobile Satellite Organization’s (IMSO) in-flight broadband service in order to provide…