Benchmarks ended higher on Friday boosted by upbeat quarterly results from Amazon and Microsoft. Friday’s gains helped the S&P 500 and the Nasdaq close at record high levels. Benchmarks also ended the week on a positive note with the Nasdaq registering its biggest weekly gain since Oct 2014.For a look at the issues currently facing the markets, make sure to […]
It turns out Wall Street investors like those homespun crafts. Etsy, the online marketplace for handmade goods, went public today. Shares opened at $31 on the NASDAQ, popping up 94 percent from the initial set price of $16 per share. The company closed its first day of trading at $30 per share, an 86% percent rise from its initial price.The company raised over $287 million by […]
Technology Indices and Creative Destruction – When Might the Bubble Burst?Publically traded technology stocks trade on modest multiples compared to 2000
Private sector overinvestment may, however, be cause for concern
European technology companies have outperformed US this year – it may not last
Technology and growth stocks remain highly correlated to the major indices
I adhere to the belief that technology and other such […]
MicronAnother battered chipmaker, Micron has slipped about 24 percent lower this year. The stock gained slightly on Thursday, and trader Karen Finerman believes it may have found a floor around $26 per share.NetflixVideo streaming service Netflix has floated 22 percent higher this year. It closed down nearly 1 percent, at about $418 per share on Thursday.Adami believes the stock will […]
Why You Must Invest In Cloud Computing, Big Data, Analytics Companies For Long Term Gains by Bidness ETC : Tuesday 02:14:02 CTCategories: News, streamSpeculation and promises are inherent in the world of developing technology and those aspects of the industry make it more than an attractive place to put your money into. The promises are heavier than speculation in the […]
Dear Lifehacker,I’ve been reading a ton about the stock market hitting more new records. Nobel Prize winning economists are warning that the market is overvalued. Does this mean a crash is coming? What should I do?Sincerely,Intimidated InvestorDear Intimidated,There are a few levels to your question, but let’s start with the main one: Is the stock market going to crash? Yes, […]
The reflexive reaction from anyone who was there for the dotcom bubble is ‘Uh-oh.’And while anyone who says that this time its different should probably be offered some perfectly good swampland in Florida or a slightly used bridge from Manhattan to Brooklyn, the reality is that a lot of new wealth has been created. Approximately $1 trillion in new market […]
Originally published January 30, 2015 at 5:54 AM | Page modified January 31, 2015 at 2:29 AMThe U.S. stock market capped a rough month Friday, delivering its third loss in five days and extending its declines for the year.All told, the Standard & Poor’s 500 index fell 3 percent in January, its worse monthly performance in a year. While the […]
Breaking–A+Apple reaches record breaking $700 billion market cap as stock surge continuesBy Neil HughesTuesday, November 25, 2014, 06:42 am PT (09:42 am ET)Shares of Apple reached another major financial milestone on Tuesday, crossing the $700 billion market capitalization threshold just after trading began on Wall Street.
With shares of AAPL trading at an all-time high, Apple is more valuable than it […]
Friday was a choppy session with little momentum as indexes have now worked off their extreme overbought conditions. The S&P 500 added 0.02% and the NASDAQ 0.18%. U.S. retail sales rose 0.5% last month when stripping out volatile elements like gasoline, autos, building materials and food services, according to the Commerce Department data released on Friday. That was the biggest […]
