Micro LED is a low power display technology with better color gamuts and brightness levels than LCD. Micro LED screens are more battery efficient than LCD equivalents because they do not require a backlight (this also allows them to be thinner).
FBN Securities's Shebly Seyrafi this morning has your Brexit shopping list for tech, following a majority vote of U.K. citizens yesterday to leave the European Union, suggesting six stocks including Facebook, Apple and Fitbit. Seyrafi bases his recommendations on low European exposure, high rates of growth, big free cash flow, and/or "moats" to competition.
BlueFin's John Donovan believes that there is evidence of too much inventory at Fitbit. "Fitbit has yet to see sustained share erosion from bargain options such as Xiaomi's Mi Band devices, while the more expensive options from players such as Garmin look to be in far better position with OS improvements and 3rd party apps which should concern Fitbit," the analyst stated.