Tech was helped by Skyworks Solutions, up more than 7 percent after the Apple supplier raised its guidance for earnings and revenue for the quarter ended in September. Intel, reporting after the close, also was trading higher.The good news for semis comes after Microchip Technology lowered its forecast for its fiscal second quarter after chip sales fell short. Beaten-down chip […]
Editor’s note: Navin Chaddha is managing director of Mayfield, an early-stage venture capital firm. Some of the companies he is currently championing include Gigya, Elastica, Lyft, MapR and Poshmark.As we enter the second half of 2014, it would be fair to say that big data has gone mainstream, attracting coffee table books, multiple industry landscapes, consumer applications, and large amounts of […]
The stock market drifted mostly higher Friday afternoon, as investors weighed a mixed picture of the U.S. economy against better-than-expected company earnings. Trading was light ahead of the Labor Day holiday weekend.KEEPING SCORE: The S&P 500 rose three points, or 0.2 percent, to 2,000 as of 2:18 p.m. Eastern time. The Dow Jones industrial average slipped nine points, or 0.1 […]
To invoke the memory of a familiar 80′s E.F. Hutton ad, when Douglas Merrill of ZestFinance speaks of finance, we should listen. (You might want to listen merely because he was previously CIO and VP of engineering at Google.) Midway through 2013, the Los Angeles-based startup received Series C financing to the tune of $20 million.Zest for Lending – And […]
Another Interesting Stock Market JunctureStock-Markets / Stock Markets 2014Aug 24, 2014 – 01:46 PM GMTBy: Tony_CaldaroUS markets rise for third week in a row. The week started off with a gap up on monday, and then continued to rise every day until thursday. When it hit a new all time high at SPX 1995. A pullback on friday ended the […]
Benchmarks finished its choppy session on a mixed note yesterday after Fed minutes showed officials debated about the timing of rate hike. S&P 500 and Dow finished in the green for the third straight day after they were able to pare losses following jitters from the Fed minutes. However, Nasdaq snapped its five-session rally.For a look at the issues currently […]
Global stock markets were ripped in both directions today by various headlines and whispers. Early in the morning, equities rallied on news that Russian President Vladimir Putin had met with the presidents of Belarus and Kazakhstan to discuss ways to end the fighting in Ukraine. However, comments from NATO chief Rasmussen indicated that the organization would stand by Ukraine if […]
* US stock markets sold down again, weighed down by the energy sector, which fell -4.1% last week, due to concern over geopolitics in Europe.* European stock markets fell to their lowest levels for there months, after factory orders in Germany fell and Italy has regressed into recession again.* Asian stock markets fell again yesterday, following on from weak overseas […]
Poland’s Prime Minister increased its rhetoric on Russia’s continued buildup of military forces on the Ukraine border. He suggested that Russia is planning to invade under the guise of a peacekeeping mission to prevent further humanitarian violations, or at least pressure Ukraine’s government into ceasing its offensive in the eastern part of the country. This kept European equities weak overnight […]
Stock Market Correction Over?Stock-Markets / Stock Markets 2014Aug 02, 2014 – 07:37 PM GMTBy: Tony_CaldaroThe recently awaited downtrend kicked in this week after the SPX made a fifth wave failure at 1985 on Tuesday. After that the rest of the week was downhill with the SPX hitting 1916 on Friday. For the week the SPX/DOW were -2.75%, the NDX/NAZ were […]
