Apple shares (NASDAQ:AAPL) are currently trading down at $398.11, 6.6 percent below yesterday’s closing price of $426.24. It represents a stark downturn for the stock as well as a 16-month low. Earnings could be to blame as they are coming soon and investors are not sure what to expect. → Read More
Salesforce shares (NYSE:CRM) are trading today at their highest price ever — $181.46 a share. It represents a 7.23 percent increase compared to yesterday’s closing price. Today’s trend is directly related to Salesforce’s fourth-quarter earnings. With revenues up 32 percent year-over-year, the company could become a profit-making venture in the coming year. → Read More
Shortly after market opening, Tesla shares (NASDAQ:TSLA) dropped 9.68 percent to 34.81 in the wake of yesterday’s earnings. The company disappointed investors as it reported a quarterly loss of $89.9 million, or 79 cents a share, compared with a loss of $81.5 million last year, or 78 cents a share. → Read More
Facebook announced in an SEC filing that founder and CEO Mark Zuckerberg now owns 29.3 percent of Facebook shares (NASDAQ:FB), up from a 28.2 percent stake on the day of the IPO. With 632.7 million shares currently trading at $28.50, it represents a bit more than $18 billion. → Read More
Today, Apple shares fell 6.43 percent to 538.79, which represents a $34.8 billion market cap write-off. Analysts have been looking for reasons for the drop all day long without finding a single one that stands out. They forgot about the long-term perspective.
During the past 12 months, Apple shares have been up 42.7 percent, mostly due to two new products, the iPhone 5 and the iPad mini. With a… → Read More
Groupon shares (NASDAQ:GRPN) closed at 4.42, 11.62 percent above yesterday’s level. CEO Andrew Mason’s interview was highly anticipated today. Yesterday, AllThingsD reported that the board questioned Mason’s vision. → Read More
Today, Facebook shares (NASDAQ:FB) have jumped 5.28 percent, closing at 24.32. In fact, it represents a four-month high for Facebook, as shares have not traded at this level since the first lockup expirations. Last Wednesday, Facebook experienced its biggest lockup expiration. To everyone’s surprise, shares popped more than 10 percent in a few minutes. Today confirms that the worst has passed. → Read More
At market opening today, HP took a big hit, with shares (NYSE:HPQ) trading at $11.65, 12.41 percent below yesterday’s level. The company announced disappointing earnings before market opening. As analysts expected a $2.2 billion of net profit, the $8.8 billion loss came as a very bad last minute surprise. HP blames accounting frauds preceding HP’s acquisition of Autonomy. → Read More
Apple’s share price rose considerably today, climbing 7.21 percent during today’s trading to a closing total of 565.73. The climb comes after the company’s stock hit a six-month low last week, hitting the bottom of a 25 percent drop-off since September when it released the iPhone 5. Analysts today expressed the opinion that the gains made today reflected a return to sanity for the stock. → Read More
The good times can’t last forever. Eventually the music dies off, the balloons pop and everyone goes home.
Without sounding the hyperbole alarm, let’s look at the facts. Apple’s stock price has declined steadily since September 19, two days before the iPhone 5 was released. Shares are off 25 percent since September. The stock price closed at a six-month low today. The price is still up 30… → Read More
Facebook share prices are up today, with shares at 21.91, 10.32 percent above yesterday’s level. It represents a 4.6 billion market capitalization gain. Today the company is experiencing its biggest stock-lockup expiration, with 773 million Facebook shares (NASDAQ:FB) held by employees now eligible to be sold on the open market. Notably, 504 million shares held by Mark Zuckerberg are… → Read More
At market opening today, Facebook took another hit, with shares trading at 20.94, 5.02 percent below Friday’s level, the last day trades were made since Hurricane Sandy barreled over the East Coast. Today, 234 million Facebook shares (NASDAQ:FB) held by employees are now eligible to be sold on the market thanks to a stock-lockup expiration. → Read More