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 […]
Twitter’s stock dropped $8bn in a single day, all thanks to a tweet.Investors were rattled by the early disclosure of unexpectedly low revenues, exposed before the close of trading by Selerity, a service that scours the web looking for investment information.”We inadvertently released an early version of [Twitter’s] earnings,” Nasdaq admitted to the BBC. “We are investigating the root cause.”Normally, […]
Related MAEarnings Scheduled For April 29, 2015MasterCard Earnings Preview: Crowd & Experts Expect 10% EPS GrowthMy Growth Portfolio: Topping Up MasterCard(Seeking Alpha)Related TWXEarnings Scheduled For April 29, 2015Will HBO Now Provide Growth For Time Warner?’Avengers’ Vs. ‘Star Wars’: Which Will Reign Supreme?(Investor’s Business Daily)Some of the stocks that may grab investor focus today are:Wall Street expects Mastercard Inc (NYSE: MA) […]
Twitter Stock Trading Stopped After Earnings LeakedApril 28, 2015Wall Street briefly halted trading for Twitter stock afternoon after the company’s Q1 earnings were leaked early. The leak appeared to come from Selerity, a data science company which is in the business of finding and reporting company earnings early. Selerity works to automatically identify the URL of a company’s earnings statement before […]
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; […]
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 […]
I’m putting my money where my mouth is. My 401K is entirely in equity market funds and stocks, and will stay there as long as I see the right signals from the economy and bond market. But make no mistake; I am getting ready to jump ship. This is really a matter of timing the market.The Signals That Matter Right […]
This article was originally published on Moneyball Economics, home of the world’s most unique economic commentary.I’m putting my money where my mouth is. My 401K is entirely in equity market funds and stocks, and will stay there as long as I see the right signals from the economy and bond market. But make no mistake; I am getting ready to […]
NEW YORK (AP) — Netflix soared, big corporations turned in quarterly results, and investors welcomed new companies into the market. There was plenty of news, but major indexes finished the day just short of where they started.Stocks drifted lower at the start of trading, followed oil prices higher in the early afternoon, then flipped back to slight losses in the […]
SEOUL, South Korea (AP) — Stock markets in China and Hong Kong extended gains on Friday on expectations of further policy easing, but other stock markets in the region were subdued.KEEPING SCORE: Shanghai Composite index gained 1.1 percent to 4,241.57 while Hong Kong’s Hang Seng rose 0.3 percent to 27,821.62. South Korea’s Kospi inched up 0.1 percent at 2,141.53. Japan’s […]
