News

It appears we have additional confirmation that Apple is working on a smartwatch. Let’s look at the technology stocks to watch on Monday:

Apple. In a profile of company CEO Tim Cook, The New York Times reports Apple is expected to release its long-rumored smartwatch during the fourth quarter, which ends in September. The report doesn’t dig into many details about the features Apple’s smartwatch will include, but notes Cook has been less hands-on in developing products such as the smartwatch than Apple co-founder and predecessor Steve Jobs.

Yahoo. Shares of the tech giant plunged 4.3% in pre-market trading after Chinese commerce site Alibaba reported a slowdown in revenue growth for the year, CNBC reports. Yahoo owns a 24% stake in Alibaba, which is poised to launch its initial public offering on Wall Street.

Amazon. This Wednesday, the online retailing giant is expected to make another jump into the hardware business with the unveiling of a 3-D smartphone. The phone would reportedly include a 3-D interface generated by four built-in cameras. The company has already launched a line of tablets and its streaming TV device Fire TV.

AT&T. The telecom giant confirmed a data breach involving the social security numbers and phone records of an unknown number of customers, according to Re/code. Three employees of an AT&T vendor accessed company records in April, the company revealed in a statement.

Google. The Wall Street Journal breaks down the company’s $500 million acquisition of satellite company Skybox Imaging. The report says Skybox’s rich imaging and data could help Google bolster its revenues by, for example, charging a licensing fee to companies for that data.