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Public Tech Companies Are Already Recovering From Brutal Stock …

Things didn’t look good this morning. When stock markets opened, Facebook was down 12.1 percent, Apple was down 10 percent, Google was down 6.5 percent, etc. But public tech companies are already recovering from this brutal drop, with Apple leading the way.As of this writing, Apple is back in the green, up 0.19 percent compared to Friday’s closing price to […]

Economy: The End Of Capitalism?

(Drivebycuriosity) – “The end of capitalism has begun”, claims the British paper “The Guardian” (theguardian). The text looks like a wet socialist dream. Paul Mason, a Marxist and author of this article, declares that information technology (Internet, software, cloud computing and more) will destroy capitalism and replace it by “postcapitalism”.I disagree. Capitalism is just changing its face, as it has […]

Shanghai Surprise: Another Bubble Bursts

This week the casino got monkey hammered. While the last holdouts went parabolic…FANG:Wall Street’s latest acronym is Facebook, Amazon, Netflix and Google. The whole world is falling apart, but the good news is that Amazon finally made a microscopic profit by selling cheap shit over the internet. Their trailing profit margin is -.2%. I’m not making this shit up. And […]

Come For The Fun, But Stay For the Performance

Stock indexes fell again, capping a week in which the Dow Jones Industrial Average posted its steepest decline since December, driven by large share-price swings at widely followed companies issuing quarterly earnings reports.Shares of biotechnology companies led Friday’s decline, after Biogen plunged 22% on a soft sales outlook. The biotech pullback countered a 9.8% gain in Amazon.com, the latest stock-price […]

US Stocks: Wall St slides to end rough week on macro, earnings concerns

The S&P 500 and Nasdaq posted their largest weekly drops since March on Friday as slowing global growth dragged commodity-related stocks lower while an earnings-fueled drop in Biogen took down the biotech sector.Biogen more than halved its revenue growth forecast for 2015 and its stock lost 22 percent to close just above $300.Stocks in the energy and materials sectors weighed […]

Why Investors are Now Searching Out Active Funds

by Joshua Brown, The Reformed BrokerThe pendulum always swings too far in both directions. I would tell you the ratio of passive fund inflows to active fund inflows over the last few years but I can’t because the latter category would be a negative integer.Instead, I’ll just tell you that almost 100 cents of every dollar has gone into index […]

Numenta's Grok for Stocks app uses A.I. to decipher stock market …

If you’re not reaching, engaging, and monetizing customers on mobile, you’re likely losing them to someone else. Register now for the 8th annual MobileBeat, July 13-14, where the best and brightest will be exploring the latest strategies and tactics in the mobile space.
Numenta today released Grok for Stocks, a new mobile application that tracks the trading patterns of companies in […]

The Brand-New Must-Have Device That Spies On Everything You Do

I have to admit I want one of these. This might be the coolest device ever invented. Introducing The Amazon EchoIt’s like having your very own Government spy right there in your living room, listening to every word you say – tracking everything you do – storing it on the cloud.According to Amazon’s Website:
Amazon Echo is designed around your voice. […]

Social selloff: How experts are trading the carnage – CNBC.com

Twitter’s stock plunged around 20 percent following its early earnings release on Tuesday, wiping out gains achieved in the past year. The move amounted to the microblogging site’s second all-time worst day of trading, and the stock has continued to sink ever since.Brian Kelly of Brian Kelly Capital said that while the drop presented an interesting trading opportunity, the company […]