Wall Street is responding with enthusiasm to Facebook’s earnings. Shares (NASDAQ:FB) are currently trading 22 percent above yesterday’s price. During the earnings call, the company announced that 14 percent of ad revenue are now coming from mobile ads. It is both a meaningful part of Facebook’s revenue and a shift investors were waiting for. → Read More
Editor’s note: Some savvy Facebook engineers rigged the NASDAQ button to automatically post “Mark Zuckerberg has listed a company on NASDAQ – FB” to the CEO’s Timeline as he rung the bell to open the NASDAQ’s day of trading. David Garcia, a senior software engineer at Facebook, explains how they turned the NASDAQ on to Open Graph.
It was a normal Monday. Nothing out of the ordinary other… → Read More
There’s a war going on in the tech world, and it doesn’t involve Google, Facebook, Apple, or Microsoft. In fact, the foes are not based in Silicon Valley, but rather in New York City. As the tech IPO market heats up, the New York Stock Exchange (NYSE) and the NASDAQ are battling it out for listings. NASDAQ is home to the tech giants like Microsoft, Apple, Google, Amazon, Oracle, Intel, eBay, Dell… → Read More
Reading the headlines a month ago, you would have thought Apple’s insane run in the stock market was over. “Apple Crunched in Nasdaq Rebalance,” read the key Wall Street Journal headline. But the reality of the situation was much calmer. And actually, Apple ended up a little ahead of where they were when the news first hit.
Here was the situation: because Apple’s stock had risen so quickly over… → Read More
We just noticed something in the App Store: An official app made by the National Association of Securities Dealers Automated Quotations (a.k.a. NASDAQ), the American stock exchange, has been approved. That itself is interesting, but perhaps even more interesting is a key functionality of the app is to highlight tweets about various NASDAQ stocks.
The free app is called NASDAQ Portfolio Manager [… → Read More
Oh, how far the mighty have fallen. If you remember, SCO was patent trolling back in the day over UNIX and Linux. They sued a number of folks, including IBM, and then sunk into the muck of late, losing cash as it went. In short, they were suing everybody who looked at their code wrong, ensuring a steady stream of work for their in-house lawyers. Now, however, their hard work has paid off and… → Read More
The National Association of Securities Dealers Automated Quotations (NASDAQ) stock exchange has launched a new internet only index, the NASDAQ Internet Index. The new index will track the performance of internet companies across the full spectrum of online activities, including ecommerce companies, ISP’s, search engines, web hosting and web design firms. The index will benchmark the… → Read More