As per the recent reports on US stocks, it has crashed more than 2% for the second session, as Dow Jones Industrial Average dropped much more than 500 points. The sudden downfall in the US stocks has raised fears of economic slowdown globally. Most markets from US to China have entered within the correction territory especially after the stocks were […]
In this Thursday, May 9, 2013 file photo, people walk near the Apple store in Santa Monica, Calif. Even after its recent slump, Apple’s market value is still two thirds bigger than Microsoft, the next biggest publicly-traded company in the U.S. That means that when Apple moves, so does the market. (AP Photo/Reed Saxon, File)
At $660 billion, Apple is the […]
REUTERS/China DailyInvestors look at computer screens showing stock information at a brokerage house in Wuhan, Hubei province, China, July 3, 2015.See AlsoChina’s small investors are looking for a way out of stocksChina shares slip again as Beijing scrambles to calm marketsUS funds aren’t bailing on China yet despite a free-fall in stocksMrs Zhu is just the type of investor the […]
REUTERS/StringerSee AlsoChina’s small investors are looking for a way out of stocksChina shares slip again as Beijing scrambles to calm marketsUS funds aren’t bailing on China yet despite a free-fall in stocksMrs Zhu is just the type of investor the Chinese government should worry about as it tries to engineer a turnaround in the country’s stock markets, whose massive swings […]
Janet Yellen is facing Congress on Wednesday for her semi-annual testimony.And one year ago today, Yellen’s monetary policy report warned about stock market valuations, particularly in social media and biotech stocks. It was an awful call. Yellen’s testimony last year said:”Some broad equity price indexes have increased to all-time highs in nominal terms since the end of 2013. However, valuation measures for the overall market in […]
FILE – In this July 24, 2014 file photo, Facebook staff members attend the opening ceremony of their new office in Hong Kong. The world’s biggest online social network knocked Wal-Mart, the world’s largest retailer, out of the top 10 list of the highest-valued companies in the Standard & Poor’s 500 index on Monday, […]
MSCI? We don’t need no friggin MSCI.
The decision by MSCI, the giant indexing company, to not include Chinese mainland A-shares in its emerging-market benchmark last Tuesday had little effect on the market. Neither did the huge outflows by foreign investors.
The Shanghai Composite Index climbed 2.9% last week to its highest level since January 2008. It also pushed the Chinese stock […]
I’ve been an investor my entire adult life, but I’ve always leaned toward mutual funds, and more recently, low-cost index funds. Trading individual stocks felt like gambling to me, though I often lament not buying AAPL when it was at $17 many years ago. (Editor’s Note: Of course, as journalists covering Apple, it would be inappropriate for us to own […]
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 […]
Apr. 28, 2015, 11:45 AM
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 […]