RobinhoodBaiju Bhatt and Vladimir Tenev.See AlsoAndreessen Horowitz VC Chris Dixon: In the next few years, we’ll see 10 companies worth a billion dollars in New YorkSean Rad gave a cringeworthy defense for why Tinder charges its older users more moneyUber has delivered 30 million rides in New York City since launching four years agoInspired by the 2011 Occupy Wall Street […]
REUTERS – Wall Street opened lower on Thursday as Apple weighed on the major indexes and Celgene led a fall in biotech stocks, more than offsetting encouraging economic data.All the 10 major S&P sectors were down, with the technology index retreating 1.1 percent. The Nasdaq biotech index dropped 1.7 percent.Apple fell 2.3 percent to $125.70 and was the biggest drag […]
Traders work on the floor of the New York Stock Exchange shortly after the opening bell April 27, 2015.Reuters/Lucas Jackson n”>(Reuters) – Wall Street was lower in midday trading on Thursday as Apple (AAPL.O) weighed on major indexes and investors digested a mixed batch of economic data.All the 10 major S&P sectors were down, with the technology index retreating .SPLRCT […]
Benchmarks finished mixed on Tuesday amid a slew of positive earnings results, weak consumer confidence report and decline in biotech stocks. The Dow and the S&P 500 registered modest gains banking on encouraging earnings results. IBM’s move to increase its quarterly dividend boosted the blue-chip index. However, the Nasdaq ended in the red after biotech stocks took losses. Decline in […]
Wall Street briefly halted trading for Twitter stock Tuesday afternoon after the company’s Q1 earnings were leaked early.Twitter missed analyst’s revenue projections, and the market reacted as Twitter stock quickly dipped almost 6 percent before trading was halted. Trading then resumed, and the stock finished the day down more than 18 percent.Twitter reported $436 million in revenue for the quarter; […]
Myles Udland
Apr. 28, 2015, 11:45 AM
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Apple reported another monster quarter on Monday, with earnings, revenue, and iPhone sales all topping expectations.The company also announced that it would return $200 billion to shareholders over the next two years.But activist hedge fund manager Carl Icahn still doesn’t think investors get it.In a tweet on Tuesday morning, the 79-year-old said:Apple’s market cap is […]
NEW YORK (Reuters) – Wall Street shares fell on Monday, dragged lower by biotech and healthcare stocks, while European shares and the euro advanced on optimism over talks between Greece and its lenders after Greece reshuffled its negotiating team.The Nasdaq Biotech Index .NBI and the S&P Healthcare index .SPXHC posted their biggest daily percentage losses in about a month, after […]
Related AAPLApple: Priced For Perfection?Experts: Watch Apple’s ‘Cash Cow,’ Position Of Technical Strength During EarningsHow To Use Levered Free Cash Flow And Revenue Growth To Analyze Stocks(Seeking Alpha)Apple Inc. (NASDAQ: AAPL) traders are scrambling to decide how to play the company’s earnings report coming after the market close. Fundamental and technical traders have been pouring over countless metrics for days […]
After tacking on another 2.5% over the past few weeks, the S&P 500 (SPX) scratched out a fresh record high heading into the final four trading days of April.But another steady drip of earnings reports—kicked off by Apple’s (NASDAQ: AAPL) post-close release on Monday—and the latest glimpse into the mind of the Federal Reserve could potentially test stock rally conviction.Apple’s […]
By Ben LevisohnIt’s that time of the year, when biotech stocks are tumbling–Amgen (AMGN), Celgene (CELG) and Biogen Idec (BIIB) are all down about 3%–and investors looking at the iShares NASDAQ Biotechnology ETF (IBB) and wondering if this is the end of the sector’s astounding run.
Bloomberg News
The answer: Who knows? There’s certainly little in the way of news that would cause […]
