Out Fox The $treet

Twitter (TWTR) launches TV streaming apps just in time to kickoff the NFL streams starting on Thursday. The apps will be available on Apple TV, Amazon Fire and Xbox One making the streams available to cord cutters with a TV. The big unknown is how many people will tune into these non-exclusive deals. The stock trades at a reasonable valuation with tons of upside if these streaming deals like the NFL start driving users. Disclosure: Long TWTR. Please review the disclaimer page for more details. 

Summary Twitter bought Periscope for under $100 million. The app in beta provides livestreaming in a similar manner to the Meerkat app that stole the show at SXSW. The livestreaming engagement metrics are very promising and could provide a huge boost to the struggling user metrics at Twitter. The news of the month is that Twitter (NYSE: TWTR ) is taking the next step to becoming a real-time broadcast service with the purchase of live-streaming app Periscope for under $100 million. The new app will allow the social media service to provide users the ability to broadcast the news, instead of just reporting on it in 140 characters or a short video clip. Read the full article on Seeking Alpha. Disclosure: Long TWTR via GSVC. Please review the disclaimer page for more details.