Tesla, Amazon, Comcast Among Top 10 Hottest Stocks on Social Media This Week


Tesla, Amazon, Comcast Among Top 10 Hottest Stocks on Social Media This Week

NEW YORK (TheStreet) — A number of top executive appointments led the stock-related buzz on social media this week. In other news, Amazon (AMZNGet Report) made a splash with its move in the “gig economy.”

Here’s our weekly round-up of the most discussed stocks on Twitter (TWTR) and traditional media channels — stock-related news that saw the highest levels of engagement among market experts and valid sources.

1. Ralph Lauren (RLGet Report) : Ralph Lauren announced Wednesday that he is stepping down as CEO of his fashion company. Stefan Larsson, President of Old Navy and a former H&M executive, will be taking over the position.

2. NVIDIA (NVDAGet Report) : NVIDIA made news today when it unveiled GeForce Now, an $8/month subscription service that allows users to stream PC games directly to their NVIDIA Shield devices.

3. NXT-ID Inc. (NXTD) : Biometric authentication company NXT-ID made headlines with their announcement of William Fields to its advisory board. Fields formerly served as CEO of Wal-Mart‘s (WMTGet Report)  retail stores division.

4. Hilton Worldwide Holdings Inc. (HLT) : Five banks traced a pattern of card breaches to Hilton Properties usage. Hilton is investigating the breach.

5. Tesla (TSLA) : While speaking with a Danish TV station, Elon Musk said that he believes Tesla could have autonomous cars by 2018, though regulators could delay that. Tesla plans to have fully autonomous cars with a 745-mile range available by 2020.

6. Comcast (CMCSA) : Comcast announced that it is buying a majority stake (51%) in Universal Studios Japan. This marks the company’s largest investment outside the United States.

7. Amazon.com: Amazon launched a new service called Amazon Flex which will allow independent couriers to deliver packages ordered for one-hour Amazon Prime Now delivery. The Uber-like service will offer drivers $18-$25 per hour.

8. Reynolds American Inc. (RAI) : News broke on Tuesday that Reynolds American will sell its Natural American Spirit division to Japan Tobacco Inc. The deal is reported to be worth about $5 billion.

9. Coca-Cola (KO) : Coca-Cola agreed to alter its VitaminWater labels following a lawsuit alleging misleading health claims.

10. DIRECTV (DTV) : Following a change in exchange rates, DIRECTV may be devalued by $1.1 billionin Venezuela. AT&T, which acquired DIRECTV in July for $48.5 billion, is deciding on an exchange rate to use, which could alter the satellite TV provider’s valuation in the country.

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