Quick Bytes Thursday June 9th — FMCC, FNMA, TWTR, SCTY, AAPL

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A quick digest of what’s hot and trending for Thursday, June 9th. Your quick bytes (yes we know it is bites):

  1. Glen Bradford reviews how the government forced itself onto Federal Home Loan Mortgage Corp (OTCMKTS:FMCC) and Federal National Mortgage Assctn Fnni Me (OTCMKTS:FNMA) and from there has taken over $100 billion out of them. A hurricane of truth is coming to knock down the government’s fraud. (SeekingAlpha)
  2. Someone is selling 32 million Twitter Inc (NYSE:TWTR) passwords on the dark web. There is no evidence Twitter has been breached as of now. (TechCrunch)
  3. SolarCity (NASDAQ:SCTY) is up 5 percent on a Baird Upgrade to Outperform. The company has placed a $37 price target, stating regulatory issues are overblown. (SeekingAlpha)
  4. BusinessInsider talks about how MacRumors exposed that Apple Inc. (NASDAQ:AAPL)
    leaked that its Desktop OS could be referred to as macOS rather then OS X in new App Store documentation.
  5. Bloomberg dives into Alphabet Inc (NASDAQ:GOOG) founder Larry Page’s Secret Flying-Car Factories, talking about Zee.Aero, a startup that set up next to Google. The startup is not affiliated with Alphabet.
  6. ValueWalk writes on SeekingAlpha about the Historically High Correlation Between Equity And Oil Prices Moderating.
  7. IDC cuts PC shipment forecast further. PC shipments are expected to fall 7.3% for the year. Q1 shipments fell 12.5% year over year.
  8. Eye on Tech newsletter topics include Apple and Google’s efforts to drive mobile app subscriptions, Qualcomm’s launch of a connector car platform, along with Hewlett Packard’s Enterprise IoT deal with GE.
  9. J M Smucker Co(NYSE:SJM) beats on EPS and Revenue. EPS coming in at $1.86, $0.66 more than expected and Revenue $1.81B, beat by $70 million as it rose 24.8 percent year over year.
  10. Vail Resorts (NYSE:MTN) fiscal 3Q beat by 3 cents, as it rose to $4.23 per share. Revenue however missed by $5.16 million as it rose 11.8 percent year over year to $647.47 million.

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