Tech giant Google acquired a startup this weekend that specializes in photo storage and backup. Let’s take a look at the tech stocks to watch Monday:
Google. The company scooped up Odysee, an app that lets users back up and store photos and videos on their personal computers, reports TechCrunch. In a statement on their website, Odysee says it will join the Google+ team. Odysee will continue running until February 23.
Alibaba. The Chinese e-commerce giant will invest $590 million in smartphone maker Meizu, according to Reuters. The move would help expand its mobile operating system to handsets manufactured by Meizu.
Apple. The company is expected to kick off its Swiss franc bond sale on Tuesday,reports The Wall Street Journal. Goldman Sachs and Credit Suisse are expected to manage the sale.
AOL. The media company will report fourth quarter earnings when the markets close Wednesday. Analysts predict AOL will report earnings per share of 72 cents off revenue of $721.8 million.
Cisco. The networking giant will report second quarter earnings Wednesday. Cisco is forecast to report $11.79 billion in revenue with earnings of 51 cents per share.
