NEW YORK (TheStreet) -- Consumer spending and income is up and so is the market. But it's not the macro data that had investors buzzing Friday.
Technology stocks dominated discussion, according to StockTwits.com. The investing social network's heat map showed investors were most interested in BlackBerry, (BBRY), Plug Power, (PLUG) and Facebook, (FB), this morning.
BlackBerry earnings had investors energized. Shares of the smart phone company jumped more than 6% after the earnings release only to pull back to 2% for most of the morning. BlackBerry reported a lower-than-expected quarterly loss of $0.08, excluding items related to its turnaround plan.
Revenue of $976 million, however, also came in less-than-anticipated. Investors argued that the revenue short-fall was not a big deal as the expense cuts would give the company needed time to reinvigorate the brand and grow sales. BlackBerry has $2.7 billion in cash, cash equivalents, short-term and long-term investments.
$BBRY they are leaner now so cash burn no longer problem-- Lindsay Welsh (@Stockycat) Mar. 28 at 11:18 AM
Plug Power's continued roller-coaster ride had investors talking. Shares of the hydrogen fuel cell company vacillated between red and green Friday morning as investors debated whether the company had an auto deal in the pipeline that could be as explosive as the Walmart (WMT) deal last month. Plug said in February that it would provide Walmart with hydrogen fuel cells to power electric forklifts at the retailers' North American distribution centers.