Microsoft Device Gamble Pays Off and Other #Stocks2Watch
#Stocks2Watch: FOX Business rounds up the stocks you should watch before the opening bell rings on Wall Street. Tweet @adamsamson or e-mail adam.samson@foxbusiness.com and tell us what stocks you're watching -- your picks could appear online!
1. Microsoft [MSFT]
Microsoft revealed quarterly profits that widely beat Wall Street's estimates, helped by moves to sell more hardware devices instead of just software. Shares of the blue-chip tech giant are jumping 3% in pre-market action.
2. BlackBerry [BBRY]
BlackBerry shares are skidding more than 5% in the pre-market. It isn't clear what the shares of the embattled smartphone maker are moving on.
3. EBay [EBAY]
FOX Business Associate Producer Julie VerHage says she's watching shares of eBay as billionaire investor Carl Icahn prepares a proxy battle to put his people on the firm's board and spin off PayPal. The shares are down 0.73% in early action.
4. Juniper Networks [JNPR]
Jana Partners unveiled a sizeable stake in network-equipment maker, sending its shares zooming close to 6% in pre-market trading.
5. Argentine Peso
It's not a stock, but it's worth watching. The Argentine government devalued the peso by 12.7%, according to Nomura. The biggest devaluation since 2002 is aimed at bolstering the country's foreign reserves and boosting its economy. The move is ricocheting into bigger marketplaces amid contagion worries.