General Market News (404 Articles)
One thing that is certain when it comes to the stock market - things change daily. This section will keep you up to date of the latest happenings on Wall Street, and how it might end up affecting Main Street.
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Volatility Reigns Supreme As Robinhood IPOs
The first week of trading in Robinhood has been filled with volatility, gamma squeezes and more. What happens next?
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What is Warren Buffett's New Mysterious Purchase?
What is the identity of Warren Buffett's mysterious new purchase? Will the veil of confidentiality be lifted later tonight?
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Chamath Palihapitiya Helps To Keep Gamestop Squeeze Going By Completing Large Options Purchase
Chamath Palihapitiya, a prominent billionaire investor, announced earlier today that he had purchased 50,000 $115 Gamestop calls.
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Shares of Nike Fall 3% Following Unveiling of Colin Kaepernick Campaign
Nike surprised the world this past week by unveiled a new advertising campaign centered around lightning rod, Colin Kaepernick.
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Tesla: We Will Remain A Publicly Traded Company
In a late night statement, Tesla revealed that they will be remaining a public company rather than going private.
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Amazon Continuing To Disrupt Athletic Footwear Market
Amazon.com continues to disrupt the athletic footwear market, and that is bad news for retailers like Foot Locker.
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Warren Buffett Steps In To Rescue Home Capital - For a Steep Price
Warren Buffett stepped in and rescue Home Capital Group, though the transaction came at a steep price for the company.
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Amazon's Purchase of Whole Foods Removes $40 Billion Worth of Market Capitalization From Supermarket Industry
Amazon turned the grocery industry on its ear earlier today after they announced the purchase of Whole Foods for $13 billion.
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Shares of Snap Inc. Fall Over 21% After Company Releases Earnings
Shares of Snap Inc. plummeted today after the company reported its first earnings as a publicly traded company.
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Citigroup: 40% Chance That Apple Buys Netflix
According to Citigroup, there is a 40% chance that Apple will purchase Netflix over the coming years.
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Apple Inc. Up 56% Over Past 12 Months
Shares of Apple Inc. are up over 50% over the past 12 months, defying the bears that said that the company was overvalued.
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Shares of United Airlines (United Continental Holdings, Inc.) Sag Following PR Nightmare
Shares of United Airlines sagged today after the company endured a PR nightmare that quickly circulated on social media.
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Tesla Now Worth More Than Ford
Tesla Inc. is now worth more than Ford Motors thanks to a recent surge in the stock.
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Jeff Bezos Now The World's Second Richest Person
Jeff Bezos is now the world's second richest person thanks to a recent surge in shares of Amazon.
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Bill Ackman: I Made "Huge Mistake" on Valeant Pharmaceuticals
Bill Ackman acknowledged in a recent letter to his investors that his investment in Valeant Pharmaceuticals was a huge mistake.
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Bill Ackman Throws In The Towel on Valeant
Bill Ackman finally capitulated on Valeant earlier today, as he sold the entirety of his stake in the company.
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Snap Inc. Shares Tumble as Analysts Question Valuation
Shares of Snap Inc. have tumbled in recent days as the euphoria of their initial public offering has quickly dissipated.
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Snap Inc. Trades Up 44% on First Day of Trading
Shares of Snap Inc., the parent company of Snapchat, traded up 44% on its first day of trading.
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Berkshire Hathaway Significantly Reduces Its Stake in Wal-Mart
Warren Buffett reduced Berkshire Hathaway's stake in Wal-Mart almost completely during the fourth quarter of 2016.
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Shares of Apple, Inc. Back in Favor With Investors Once Again
Shares of Apple, Inc. are back in favor again thanks to a strong upgrade cycle and the company's large pile of cash.
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Is Sears Going to Declare Bankruptcy?
Is Sears going to declare bankruptcy, or can the company hold on for another year in 2017?
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Dow 20,000 Watch as Markets Continue Surge Into End of Year
The Dow Jones Industrial Average continues its attempt to top the 20,000 level for the very first time.
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"Trump Rally" Keeps Rolling as Stocks Hit New All-Time Highs
The Trump Rally continues unabated as the three major American market indexes all reached new highs today.
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Amazon Raises Eyebrows With "Amazon Go"
Amazon.com raised some eyebrows today with the preview of their upcoming service, Amazon Go.
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Time Warner Set To Be Acquired For $85.4 Billion
Time Warner is set to be acquired for over $85 billion in a blockbuster deal that already has the Presidential candidates talking.
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Netflix Shines After Reporting Q3 Earnings
Shares of Netflix soared in the afterhours session, adding roughly 20% in value after beating earnings estimates.
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Twitter: Suddenly The Belle of the Ball
Twitter is suddenly the belle of the ball thanks to some takeover chatter in the industry. Will they get bought out?
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Apple, The Value Stock
Is Apple a value stock now? Can the company do anything in the near-term to command a higher valuation?
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Nike Is The Worst Performer in DJIA So Far This Year
Nike is the worst performer in the DJIA so far this year, thanks to intense competition both at home and abroad.
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Facebook Briefly Worth More Than Berkshire Hathaway
For a brief period of time earlier today, Facebook was worth more than Berkshire Hathaway.
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A Tale of Two Social Media Companies: Facebook Continues To Surge, Twitter Continues to Wilt
Facebook continues to surge in popularity, while Twitter continues to struggle immensely.
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Report: Verizon Set To Announce Purchase of Yahoo's Core Assets Plus Real Estate Holdings for $4.8 Billion
Verizon is reportedly set to announce a takeover of Yahoo! on Monday morning for a price of $4.8 billion.
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Tesla Stock Falls After Elon Musk Reveals His "Master Plan, Part Deux"
Shares of Tesla Motors tumbled after Elon Musk revealed his second master plan.
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Berkshire Hathaway and Amazon.com Currently Valued at the Same Amount
Amazon.com and Berkshire Hathaway are valued at the same amount of money - which one would you buy?
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Marissa's Last Meeting?
Marissa Mayer may be conducting her last annual meeting for Yahoo! later today in Santa Clara, California.
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Investors, Analysts Give Thumbs Down To Proposed Tesla/SolarCity Deal
Investors, analysts and short-sellers panned the proposed Tesla/SolarCity deal on Wednesday, much to the chagrin of Elon Musk.
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Pro Golfer Phil Mickelson To Pay SEC Over $1 Million To Settle Insider Trading Case
Phil Mickelson was required to pay the SEC over $1 million to settle insider trading charges.
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Warren Buffett Reportedly Involved in Bid To Acquire Yahoo's Core Business
Warren Buffett is reportedly backing a consortium that is interested in purchase Yahoo's core Internet business.
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Jeff Bezos Now World's Fourth Richest Person
Jeff Bezos, thanks to a recent surge in shares of Amazon, is now the world's fourth richest person.
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Shares of Apple Down 8% Following Q2 Earnings Report
Shares of Apple Inc. are down over 8% in afterhours trading following the release of their Q2 earnings report.
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Next Weekend's Berkshire Hathaway Annual Meeting to Be Streamed by Yahoo! Finance
Berkshire Hathaway will be live streaming their annual meeting next weekend thanks to a new partnership with Yahoo! Finance.
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Mark Zuckerberg Now The World's Sixth Richest Person
According to Bloomberg, Mark Zuckerberg is now the world's sixth richest person following a tremendous week on the markets for shares of Facebook.
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How Will Investors React To Apple in the "Slow Growth" Era?
How will investors react to Apple now that the company is showing signs of slowing growth? Will they stick around?
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Shares of Twitter Continue To Sink
Shares of Twitter continue to plunge as investors find themselves wondering why they ever invested in the company in the first place.
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How Will Investors React After Lacklustre 2015?
How will investors react after the markets turned in a lacklustre performance in 2015? Will there be more selling next year?
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Yahoo's Marissa Mayer Problem
Yahoo! has a problem, and its name is Marissa Mayer - can the company get rid of Mayer and her extremely expensive salary?
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Groupon, Inc. Insiders Continue To Regret Not Accepting Google's Deal
Groupon insiders have to be kicking themselves for not accepting a $6 billion offer from Google back in the fall of 2010.
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Bloomberg: Hedge Funds Have Lost $40 Billion on Valeant in Three Months
According to Bloomberg, hedge funds have reportedly lost $40 billion on Valeant since the stock started its swoon in the summer.
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Another Interesting Week Lies Ahead for Valeant Pharmaceuticals International
Another interesting week lies ahead of Valeant Pharmaceuticals, as short-seller Citron Research has promised another update on the company.
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Jeff Bezos Adds $3 Billion To His Fortune on Friday
Amazon.com founder and CEO Jeff Bezos continues to add to his wealth and is now worth over $53 billion after his company reported Q3 earnings.
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Berkshire Hathaway Takes Another Hit on IBM Position
Berkshire Hathaway has taken another hit on its IBM position after the company reported their third quarter earnings on Monday afternoon.
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Berkshire Hathaway Reveals Large Stake in Phillips 66
Berkshire Hathaway revealed a large new position in Phillips 66 earlier this week as Buffett bets on a rebound in the price of oil.
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Wall Street on Edge After Last Week's Market Plunge
The recent market plunge has many investors sweating about the state of their portfolios this weekend - will things turn around?
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Bloomberg: World's Richest 400 People Lost $182 Billion This Past Week
According to Bloomberg, the world's 400 richest people lost a total of $182 billion over the past week.
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The Unbelievable Two Day Run of Aquinox Pharmaceuticals Inc.
Shares of Aquinox Pharmaceuticals Inc. surged earlier today after Baker Bros. Advisors announced that they had significantly increased the size of their position in the stock.
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Berkshire Hathaway Reportedly Eyeing Their Largest Purchase Ever
Berkshire Hathaway is reportedly eyeing their largest purchase ever as they are in talks to purchase Precision Castparts Corp.
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Twitter Pops, Plunges in Afterhours Trading Following Release of Q2 Earnings Results
Shares of Twitter popped and then plunged in afterhours trading following the release of the company's Q2 earnings report.
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Amazon.com Now Worth More Than Wal-Mart
Thanks to a surge in their shares earlier today, Amazon.com is now worth more than Wal-Mart in terms of market capitalization.
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Google Adds $65 Billion in Market Capitalization in Just One Day
Google added $65 billion in market capitalization in just one day after reporting their Q2 earnings report - this one day increase is a record.
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Carl Icahn Cashes In On Netflix Position
Carl Icahn revealed earlier today that he has sold out of his position in Netflix - Icahn reportedly realized billions in profit from the position.
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Presidential Candidate Bernie Sanders and the "Robin Hood" Tax
Earlier this week, Presidential Candidate Bernie Sanders unveiled his proposed Robin Hood Tax that would tax every $100 worth of stock sales.
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Berkshire Hathaway's First Quarter Moves: More IBM, Wells Fargo, Less Charter Communications, Inc.
Berkshire Hathaway added to a number of their existing positions in Q1/2015, including IBM and Wells Fargo.
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The NASDAQ Finally Did It
After over 15 years, the NASDAQ finally has something that many people never thought possible - a new all-time high.
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Canadian Government Set To Increase Annual TFSA Limit To $10,000
The Canadian government revealed earlier today that the TFSA contribution limit is set to increase to $10,000 per year.
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Report: Google Very Nearly Purchased Tesla in 2013
According to an upcoming book, Tesla Motors very nearly was purchased by Google back in 2013 thanks to its dire financial straits.
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Disney To Invest $250 Million in Leading Daily Fantasy Sports Site
Disney is going to be investing a total of $250 million into daily fantasy sports site DraftKings.com.
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Deutsche Bank: What If Gordon Gekko Had Bought Heinz/Kraft and Not Warren Buffett?
After the Kraft/Heinz deal was announced last week, Deutsche Bank wondered - what if Gordon Gekko had done the deal and not Buffett?
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Heinz and Kraft Merge; Deal Crafted By Warren Buffett and 3G Capital
Berkshire Hathaway and 3G Capital Partners LP completed a massive deal on Wednesday when they announced the merging of Kraft and Heinz.
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Contractor Subpoenaed in Herbalife Market Manipulation Investigation
Shares of Herbalife spiked after it was revealed that a contractor for Pershing Square had been subpoenaed by the Feds.
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Apple Computer and Microsoft Most Popular Institutional Investor Holdings in Q4/2014
A staggering 62% of all institutional investment managers with over $100 million in holdings reported stakes in Apple as of the end of Q4/2014.
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Buffett Bails Out of Oil
Thanks to the staggering decline in oil prices, Berkshire Hathaway jettisoned their stakes in Exxon Mobil and ConocoPhillips during the fourth quarter of 2014.
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DJIA Closes Above 18,000 For The First Time
The Dow Jones Industry average closed over 18,000 today, which is a new all-time high for the average.
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Hiccup? Facebook Falls 8% After Releasing Q3 Earnings Report
Shares of Facebook fell 8% after releasing their Q3 earnings report today after the bell. Are shares of the stock now a buy?
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Dow Jones Turns Negative For 2014 After Volatile Week
The Dow Jones Industrial Average is now negative for 2014 following an extremely volatile week - where do you think the markets go from here?
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Marissa Mayer Under Fire at Yahoo!
Marissa Mayer, former golden child at Yahoo, is now under pressure from shareholders to make significant changes at the company.
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Unemployment Rate Declines To 5.9% in September
The national unemployment rate declined to 5.9% in September after a total of 248,000 nonfarm payroll jobs were added.
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SEC Charges Two Men With Insider Trading on Pershing Square's Announcement of Bearish View on Herbalife
The SEC has charged two men with insider trading re: shares of Herbalife in a case that could have wide reaching implications.
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Apple Suffering Through Embarrassing iPhone 6 Launch
Apple's iPhone 6 launch is NOT going well and threatens to go completely off the rails.
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Is Carl Icahn Liquidating His Stake in Herbalife?
Shares of Herbalife tanked today after rumors surfaced that Carl Icahn was possibly selling his stake in the company.
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Larry Ellison Steps Down as CEO of Oracle
Larry Ellison, one of the richest people in the world, has officially stepped down as the CEO of Oracle.
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All Eyes on Apple on Tuesday
The eyes of the investing world will be on Apple on Monday as the company is expected to announce a new spate of products.
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Warren Buffett Under Fire For Berkshire Hathaway's Role in Burger King/Tim Hortons Deal
Warren Buffett and Berkshire Hathaway are under fire for their role in the recently announced Tim Hortons/Burger King deal.
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Berkshire Hathaway Tops $200,000/Share For The First Time
Shares of Berkshire Hathaway topped $200,000 per share for the very first time in its history earlier today.
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Maker of "Candy Crush Saga" Crushed After Q2 Earnings Report
King Digital, the maker of games such as Candy Crush Saga, is getting crushed in afterhours trading after the company whiffed on their Q2 earnings report.
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Twitter Surges Following Release of Q2 Earnings Report
Shares of Twitter have soared following the release of the company's Q2 earnings report - are you a buyer here?
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Will Bill Ackman Ever Capitulate on Herbalife?
Will Bill Ackman ever capitulate on Herbalife? What will happen if shares of the company continue to rise?
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SEC Lifts Trading Halt on Cynk Technology, Shares Crater 85%
The SEC lifted their halt on shares of Cynk Technology on Friday and the shares promptly fell by over 80%.
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Mark Zuckerberg Adds Another $1.56 Billion To His Net Worth
Mark Zuckerberg continued to add to his fortune on Thursday as shares of Facebook continued to ramp higher.
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Tuesday Promises To Be An Interesting Day For Herbalife Shareholders
Shares of Herbalife will be under increased scrutiny on Tuesday as Bill Ackman has promised to deliver evidence of massive fraud at the company.
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Will Google Be The First Trillion Dollar Company?
Will Google be the first publicly traded company to command a valuation of over a trillion dollars? We take a look in this article.
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SEC Suspends Trading in Cynk Technology
The SEC suspended trading in shares of Cynk Technology following a massive one month run for the company.
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Shares of Cynk Technology Keep Going.. and Going
Shares of Cynk Technology keep rising and rising despite the fact that the company doesn't seem to be much of a company at all.
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Dow 17,000 Likely Coming This Week
The Dow Jones Industrial Average is likely going to hit 17,000 this week, which would be another all-time record for the index.
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Apple Agrees To Its Largest Ever Purchase As It Buys Beats Electronics, LLC For $3 Billion
Apple agreed to its largest purchase in the history of the company on Tuesday after it said it would buy Beats Electronics, LLC for $3 billion.
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Shares of World Wrestling Entertainment, Inc. Plummet Following TV Deal, Release of WWE Network Numbers
Shares of World Wrestling Entertainment plummeted today after the company signed a TV deal and released their most recent WWE Network numbers.
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Apple To Enact 7:1 Stock Split
Apple revealed earlier today that they are planning on splitting their shares 7:1 later in the year - what do you think of this idea?
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David Einhorn: "We Are Witnessing Our Second Tech Bubble in 15 Years"
According to David Einhorn of Greenlight Capital, many technology companies are currently massively overvalued. What do you think?
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Netflix To Raise Prices
Netflix revealed earlier today that they will be raising prices for all of their customers, including those in the United States.
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Herbalife Back in Spotlight Following Rumored Government Probe
Herbalife is once again back in the spotlight following the emergence of a rumored government proble.
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March Employment Report: 192,000 Jobs Added, Unemployment Rate Remains Unchanged
The March nonfarm payroll numbers ended up coming in a bit lighter than expected, which caused the markets to fall on Friday.
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April: Typically One of the Strongest Months for the Stock Market
The markets have been setting new all-time highs as of late, but don't expect that train to be derailed anytime soon.
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Internet Explodes After Facebook Announces Buy of Oculus VR
The Internet exploded today after news of Facebook's planned purchase of Oculus VR leaked to the public.
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Facebook Purchases Oculus VR For $2 Billion
Facebook announced the purchase of the company that makes the Oculus Rift earlier today for $2 billion.
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Ukraine, Fed Uncertainty Set To Weigh on Markets This Week
The ongoing situation in the Ukraine and the upcoming FOMC meeting are two things that will weigh on the markets later this week.
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Netflix, Tesla Motors Continue To Roll
Shares of Netflix and Tesla Motors continue to roll after both posting fantastic years in 2013.
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Facebook Surges After Reporting Q4 Earnings
Facebook has hit a new all-time high following the release of their Q4 earnings report. Increased mobile monetization was a big factor in the company's strong earnings report.
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HSBC Speaks Out on Cash Withdrawal Controversy
HSBC spoke out on the recent cash withdrawal controversy earlier this weekend - do you buy their explanation?
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Netflix: The Party's Not Over Quite Yet
Netflix posted yet another big quarter in Q4, which sent their shares up to a new all-time high in extended trading.
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Nestor Inc. Soars After Traders Confuse It For Nest Labs
Shares of Nestor Inc. roared earlier this week after traders mistook it for Nest Labs, which was purchased by Google earlier in the week.
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Time To Celebrate: Stocks Roared Higher in 2013
The markets roared higher in 2013, as the DJIA and S+P 500 turned in their best years in over 15 years.
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Facebook To Join S+P 500 This Week
Facebook will be joining the S+P 500 this week, as well as the S+P 100. This is a big accomplishment for the company and should help to propel shares even higher.
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Hedge Funds Set to Underperform Stocks This Year - Again
According to Bloomberg.com, the hedge fund industry is set to underperform stocks for the fifth straight year.
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Nasdaq 4,000
The NASDAQ closed above the 4,000 mark for the first time in 13 years earlier today. How high will it go?
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Warren Buffett on Stocks: "They're in a Zone of Reasonableness"
According to Warren Buffett, stock valuations are currently in a zone of reasonableness - do you agree?
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Berkshire Hathaway Acquires Large Stake in Exxon Mobil
Berkshire Hathaway revealed their Q3 quarterly filing earlier this week, and that filing included a large new position in Exxon Mobil.
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Planned Stock Offerings From Fantex Take Hit After Injuries This Past Weekend
Two planned offerings from Fantex took a hit this past weekend following injuries to Arian Foster and Vernon Davis.
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Tesla Motors Drops 14.5% Following Q3 Earnings Release
Tesla Motors dropped almost 15% following the release of their Q3 earnings report - will momentum traders move on now that the stock has slipped?
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All Eyes on Twitter
Twitter is going to be one of the most hotly anticipated initial public offerings of the year - are you going to be a buyer?
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Jeff Bezos, Bill Gates Added To Their Fortunes on Friday
Jeff Bezos and Bill Gates both had very good days on Friday after their company's both soared after reporting their earnings.
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Elon Musk, Reed Hastings Warn Investors About High Share Prices
Shares of Tesla and Netflix have risen substantially over the past 12 months or so, and the CEOs of both companies are warning against investors getting too carried away.
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Oops! Traders Run Up Shares of Bankrupt TWTRQ, Thinking That It's Twitter, Inc.
Shares of TWTRQ exploded higher earlier today after traders mistook it for the upcoming Twitter, Inc. IPO.
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The JC Penney Madness Continues
The JC Penney madness continued earlier today, as the company announced that they will be offering up to 96.6 million shares.
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Twitter Likely To Choose NYSE For Upcoming IPO
Twitter is likely going to list their shares on the NYSE in another major blow to the NASDAQ stock exchange.
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Here Comes The Hedge Fund Advertisements
As of Monday, hedge funds will be able to advertise on TV, radio and any number of other mediums.
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Blackberry Dishes Blast of Bad News To Its Shareholders Late Friday Afternoon
Blackberry dished out even more news to its shareholders on Tuesday afternoon in the form of a higher than expected Q2 loss.
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Twitter Files To Go Public
With a confidential filing with the SEC, Twitter filed to go public earlier today. Will you buy the IPO?
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Alcoa, Bank of America and Hewlett-Packard To Be Dropped From Dow Jones industrial Average
Goldman Sachs, Visa and Nike will all be entering the Dow Jones Industrial Average at the expense of Alcoa, Bank of America and Hewlett Packard.
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Hedge Funds Piling Into JC Penney
Hedge funds are piling into JC Penney - what do they see that short sellers don't? Can this retailer actually turn around?
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August Swoon: Market Turns In Its Weakest Month Since 2012
The markets had a rough month in August due to a number of different reasons including Syria and rising interest rates. What lies ahead in September?
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Bill Ackman Says "No Mas", Will Dump Entire Stake in JC Penney
Bill Ackman has finally capitulated on JC Penney, as the fund manager revealed that he is selling his entire stake in the company.
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Tel Aviv Stock Exchange Hit By Typo
The Tel Aviv Stock Exchange was hit by a catastrophic trading error on Sunday, temporarily resulting in a large drop in the TA-25.
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The $18 Billion Retirement Announcement
Steve Ballmer announced his retirement earlier today, causing a massive spike in shares of Microsoft.
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Nasdaq Seizes Up, Shuts For Over Three Hours
The NASDAQ suffered a 3+ hour shutdown earlier today thanks to an unspecified system issue. This is another embarrassing blemish for the stock exchange.
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DJIA Posts Its Biggest Weekly Loss Since June of 2012
The DJIA posted its biggest weekly loss since June of 2012 as investors moved out of dividend yield stocks and into bonds.
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Tesla Surges (Again) After Earnings Beat
Shares of Tesla soared in afterhours trading as the company posted a surprise profit. How high can shares go over the next 6-12 months?
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What Does Jeff Bezos Have In Mind For The Washington Post?
Jeff Bezos, founder and CEO of Amazon.com, has purchased the Washington Post for $250 million. What does he have in mind for it?
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All Eyes on Zuck: Facebook Soars After Q2 Beat
Shares of Facebook soared after the company announced that Q2 revenues and earnings had both topped estimates.
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Netflix Dips After Reporting Q2 Earnings
Shares of Netflix dipped slightly in afterhours trading after the company reported their Q2 earnings.
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From The "Could You Be Any More Obvious?" Files - LEAP
Call option buying in shares of LEAP soared on Friday afternoon, mere minutes ahead of a major merger announcement. Suspicious? I think so.
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Shares of Blackberry Continue To Plunge
Shares of Blackberry have plummeted following the company's most recent earnings report - can the company possibly recover?
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Markets Close Out Strong First Half of Year
The stock market slipped in June but still managed to post a very strong first half of the year.
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State of the Industry: Boston Globe Will Likely Sell For Fraction of 1993 Sale Price
The Boston Globe is likely going to sell for a fraction of the price that it sold for in 1993, which speaks to the weakness in the industry.
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Markets Tank As Fed's Easy Money Policy Seen Coming to an End
The markets tanked for the second straight day as investors continue to fret over the perceived end of the Federal Reserve's easy money policy.
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Facebook Faces Its Shareholders At First Annual Meeting
Mark Zuckerberg faced his shareholders earlier today and was forced to answer numerous questions about the company's ailing share price.
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Tim Cook Turns In His Best Performance as CEO of Apple
Apple CEO Tim Cook turned in a great performance earlier this week when he testified in Washington regarding Apple's income tax situation.
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Apple Sells $17 Billion Worth of Bonds
Apple completed the largest corporate bond offering on record earlier today, successfully selling $17 billion of debt to the public.
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Markets Momentarily Tank Due To Fake Tweet
The markets momentarily tanked earlier today after the AP Twitter feed was hacked and a fake Tweet was posted.
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First Look at Q1/2013 GDP Data Set For This Week
The Commerce Department is set to release the first estimate of real GDP Growth for Q1/2013 later this week.
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Apple Continues Its Freefall
Shares of Apple have continued to tumble in recent months, leading many to ask - when will it end?
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"Irrational Exuberance" In The Markets Now? Greenspan Says No
According to former Fed Chairman Alan Greenspan, there is no irrational exuberance in the markets right now.
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Dow Surges To All-Time High
The Dow Jones Industrial Average has surged to an all-time high, despite the fact that the US economy continues to struggle.
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The Week In the Markets: Apple Drops, Netflix Surges
Apple tanked while Netflix surged - the tale of two tech stocks as one company plummeted while another soared.
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Apple At Risk of Losing Title of World's Most Valuable Company
After an uneven Q1 earnings report, Apple is in very real danger of losing its title of the world's most valuable company.
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Shares of Apple Now Down Over $200 From All-Time High
Shares of Apple momentarily dipped below $500 earlier today and are now down over $200 from their all-time highs.
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Money Poured Into Equity Mutual Funds in First Week of January
Money poured into equity mutual funds in the first week of January, thanks, in large part, to the recent settlement of the nation's fiscal cliff issue.
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Shares of Facebook Continue To Recover
Shares of Facebook continue to recover after an extremely rocky start - have investors regained their trust in Facebook?
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What's Wrong With Apple?
What is wrong with Apple? Shares of the company are down over 25% in the past month - is something wrong with the business?
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NYSE, NASDAQ To Remain Closed on Tuesday Due To Hurricane Sandy
For the first time since 1985, the New York Stock Exchange has had to close due to weather.
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Oops! Google Halted After Q3 Earnings Results Released Four Hours Early
Google was halted midway through today's trading session after their Form 8-K was released erroneously hours before the closing bell.
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Facebook Turns In First Green Week Since IPO
Facebook shares have finally stopped plummeting, as shares turned in their first green week since the IPO.
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Best Online Brokerages
Best Online Brokerages - in my opinion, all four of these brokerages deserve a look from you.
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Facebook, Zynga and Groupon - The Three Horsemen of Underperforming Tech IPOs
Facebook, Groupon and Zynga have all horribly underperformed after their initial public offerings.
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Facebook Drops 11% on Second Day of Trading
Facebook dropped nearly 11% on its second day of trading, and is now down $4 from its initial public offering price.
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Dud: Facebook Closes Just Above IPO Price
Facebook turned in an underwhelming performance earlier today, barely closing above its IPO price.
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Scott Thompson Removed as CEO of Yahoo!
Scott Thompson has been removed as the CEO of Yahoo! after his resume flap. Justified or needless action?
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"Weaker Than Expected" Demand For Facebook IPO?
Say it ain't so! Slackened demand from institutional investors may put a damper on Facebook's upcoming initial public offering.
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Oops! Yahoo's New CEO Caught Lying About His Resume
Yahoo's new CEO, Scott Thompson, has been caught lying about his resume. What will happen to him?
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A Mountain of Gadgets: Apple Sold Nearly 60 Million Devices in Q2
Apple sold a mountain of iPhones, iPads, Macs and iPods during the second quarter of 2012.
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Zynga and Groupon - Two Badly Broken IPOs
Zynga and Groupon have both struggled mightily since pricing their IPOs month ago - can they turn things around?
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Facebook Makes a Splash, Purchases Instagram For $1 Billion
Facebook made a splash earlier today after agreeing to purchase Instagram for $1 billion.
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A $100 Billion Question Will Be Answered on Monday Morning
Apple will answer the question of what they are planning on doing with their $100 billion cash horde on Monday morning.
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Good Times: Insider Stock Sales at Highest Levels Since December 2009
Thanks to a surging stock market, insider sales have reached their highest levels since December of 2009 - an ominous sign for the markets?
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Apple: We’ve Created or Supported More Than 500,000 Jobs For U.S. Workers
Apple recently released a page in which they touted the fact that they have created or supported over 500,000 jobs in the United States.
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Will Apple Be The First Trillion Dollar Company?
Will Apple be the world's first trillion dollar company? The company currently has a valuation of nearly $500 billion.
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If You Want Your Portfolio to Outperform, Become a Member of Congress
Studies have shown that the investment portfolios of members of Congress have significantly outperformed the markets over time.
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Credit Suisse: Bank of America Getting Crushed by New Regulations
According to Credit Suisse, Bank of America is getting absolutely torched by new financial regulations.
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Where's The Santa Claus Rally?
With less than two weeks left in December, a Santa Claus rally is looking very unlikely.
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The Big Tank: Groupon in Free Fall Mode
Groupon is gone into free fall mode over the last few days, leading people to wonder - how low will it go?
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Warren Buffett Finally Bites on Technology
Berkshire Hathaway finally dipped their toes into technology last quarter, adding positions in IBM and Intel.
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No More! Bank of America Throws In The Towel on Monthly Debit Card Fee Plan
Bank of America announced earlier today that they have scrapped plans to implement a monthly fee on debit card use.
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The Apple Juggernaut Rolls On
Apple has done it again, posting blowout Q3 earnings that has resulted in the company being valued at over 360 billion dollars.
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More Facebook Nuttiness..
Shares of GSV Capital Corp soared after the company announced that they had purchased a small number of Facebook shares.
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Facebook/Google Rivalry Turns Nasty
It was revealed yesterday that Facebook had hired a PR firm to help spread negative press about Google and their privacy policies.
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Buffett's Big Goldman Score
Warren Buffett Goldman Sachs Investment - Berkshire Hathaway is currently up roughly $3.7 billion on their Goldman Sachs investment - another big score for Buffett.
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Facebook Now Valued at Around $79 Billion
Facebook continues to surge in value, and is currently valued at a little less than 80 billion dollars. Too much?
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The US Economy Grew Slower Than Expected In The Fourth Quarter
The US economy grew at a slower-than-expected pace in the fourth quarter of 2010, bogged down by lower than expected government and personal spending.
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Warren Buffett Continues To Take The Axe To Berkshire Hathaway's Portfolio
Berkshire Hathaway released their Q4 13F-HR earlier today, and this filing revealed that Buffett and company had sold a total of 8 positions during Q4.
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Credit Card Debt Ticks Up in The United States After a Long Ride Down
Credit card debt has ticked up in the United States for the first time since the collapse of Lehman Brothers back in the fall of 2008.
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Apple Shareholders Get Taken For a Ride on Tuesday
Apple's shareholders have a bit of a hectic day on Tuesday, as the stock crashed off the open and then surged throughout the day.
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Bono Hits Home Run With Facebook Investment
Elevation Partners, the Silicon Valley investment firm co-founded by U2 frontman Bono, has seek its Facebook stake rocket higher in value.
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Nervous Gains for the Markets in 2010
The three major market indexes all posted double digit percentage gains in 2010, but how legitimate were the gains? Is this is indication of things to come?
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Netflix vs T2 Partners LLC
A very civil war of words broke out between Whitney Tilson and Reed Hastings earlier this week. Who will end up being right on Netflix - is it a good short or not?
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It's a New World: Netflix Heading Into the S+P 500, New York Times on the Way Out
Netflix is going in to the S and P 500, while Netflix is on the way out. It's a brand new world out there.
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What Recession? Americans Bust Open The Pursestrings on "Black Friday"
American consumers stampeded into shopping malls on Black Friday, lured by deep discounts and extended hours.
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Has Warren Buffett's Successor Been Found?
Is Todd Combs going to succeed Warren Buffett at Berkshire Hathaway when it comes to managing the storied firm's investments?
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Is Political Gridlock Good For The Markets?
How have the markets historically performed during times of political gridlock in the United States? We Investigate.
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Dow 38,820?
Dow 38,820? According to the editor in chief of the Stock Trader's Almanac, the Dow Jones Industrial Average will go on a massive tear in the next 15 years.
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Are Institutional Investors Giving Up on RIMM?
A number of analysts have turned their backs on RIMM over the past week or so - will institutional investors do the same?
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Outstanding Consumer Revolving Credit Declines For the 24th Straight Month
According to the Federal Reserve, consumer revolving credit balances declined for the 24th straight month in a row in July.
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Unemployment Rate Ticks Higher to 9.6% In August
The August unemployment rate came in at 9.6 percent, up slightly from the month before as any type of recovery in the job market refuses to take hold.
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Institutional Investors Snapped Up Shares of BP During The Second Quarter
A number of large institutional investors snapped up shares of BP during the second quarter, lured in by a rapidly declining share price.
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Small Investors Are Staying Away From Equities
According to the New York Times, small investors are choosing to stay far away from US equities, instead choosing the relative safety of bonds and other investments.
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Germany Rolling While Other Major Economies Continue to Struggle
Germany shocked many this past week when they announced that their economy had expanded at an annualized rate of about nine percent during Q2.
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Tony Hayward Officially Out as CEO of BP
Tony Hayward will officially step down as the CEO of BP in October, and will be replaced by Bob Dudley. Can Dudley repair the damaged company?
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Goldman Sachs Scores Big Victory With $550 Million Settlement
Goldman Sachs announced after the bell today that they had settled their civil case with the SEC for 550 million dollars.
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Microsoft's Bing Search Engine Is On The Rise
Microsoft's Bing search engine is on the rise, and with an impending deal with Yahoo! on the way, Microsoft has to have Google more than a bit worried.
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Tesla Motors Continues To Wilt After Impressive IPO Debut
After getting off to a very strong start in late June, the publicly traded shares of Tesla Motors have wilted over the past week, taking them below their original IPO price.
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BP Using The Internet To Perform Damage Control
BP has taken to the Internet to try and quell public anger by placing ads on both Google and Yahoo! Will they work?
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Elon Musk's Crazy Ride
Who is Elon Musk, the man behind Tesla Motors and SpaceX, and the man who helped inspire the Tony Stark character in the Iron Man franchise?
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Which Institutional Investors Had The Best and Worst Timing on BP?
Which institutional investors had the best and worst timing when it came to their BP investments? Goldman Sachs, SAC Capital and Bill Gates all made our list.
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Sell in May and Go Away?
There is a saying in the stock market that says - sell in May and go away. Is this saying actually true? Find out here.
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Bill and Melinda Gates Foundation Trust Owned 7,133,000 Shares of BP at End of Q1/2010
The Bill & Melinda Gates Foundation Trust owned a stack of BP shares at the end of the first quarter - a total of over 7 million to be precise.
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Apple Is the New King of the Technology Sector
Earlier this week, Apple passed Microsoft to become the most valuable technology company in the world. In addition, Apple now has the second highest valuation of any US-based company behind Exxon Mobil.
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The One Stock That the Bill and Melinda Gates Foundation Trust Purchased Last Quarter Was..
What was the one stock that the Bill and Melinda Gates Foundation Trust purchased last month? The Trust decided to purchase 1.5 million shares..
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The Five Most Volatile Days in the History of the Dow Jones Industrial Average
The Dow Jones Industrial Average had a very volatile day on May 6th, 2010, but it didn't even make the top five list of the most volatile days in the history of the DJIA.
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Did One Trader Sink the Markets Last Week?
Did a single trader help to take down the markets last Thursday? This is the new theory that investigators are currently looking at.
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The Incredible Goldman Sachs Profit Machine
According to a SEC filing released earlier today, the traders at Goldman Sachs did not lose any money at all during the first quarter of the year, banking profits in each of the 63 separate trading days.
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Did a Citigroup Trader Cause the Market Drop Today?
The major market indexes sold off at a staggering clip today, making investors and traders alike ask the question - what the heck happened?
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Warren Buffett: No Plans to Sell Goldman Sachs Stake
Warren Buffett revealed at his Berkshire Hathaway's annual shareholder meeting on Saturday that his company has no plans of selling their stake in GS, despite recent legal woes for the investment bank.
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Is Goldman Going To Settle?
Is Goldman Sachs going to settle with the SEC? This is the question that the New York Post is asking after a disastrous couple of weeks for the storied firm.
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The SEC's Bounty Program Has Paid Out An Average of $7,597 Per Year Since 1989
The SEC Inspector General released a report earlier this week in which he outlined the fact that the SEC had paid out an unbelievably small amount of money under its bounty program.
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Yahoo! Throws In The Towel on Its Publisher Network
Yahoo! has decided to shutter its Yahoo Publisher Network, which is just another blow to an already reeling company.
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Government To Begin Selling Their Citigroup Common Shares
According to various published reports, the US government will begin selling their sizable 7.7 billion share stake in Citigroup later this year in a dribble-out transaction.
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TheStreet.com Under Investigation By The SEC
Thestreet.com announced after the bell today that the SEC was investigating a recent restatement of earnings that had to do with the company's previously-owned Promotions.com subsidiary.
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Apple Has Nearly Reached "Mega Cap" Status
Apple has continued to explode in value over the past few months, moving it closer and closer towards the vaunted mega cap status.
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Highlights From the 2009 Berkshire Hathaway Annual Shareholder's Letter
Berkshire Hathaway released their annual shareholder's letter earlier today, in which Warren Buffett took a couple of shots at CEO and directors of mismanaged companies.
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Wall Street Bonuses Over the Last 20 Years
It is no secret that Wall Street bonuses have absolutely soared over the past few decades - the question is, how much have they grown?
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Which US Equities Does China Currently Own?
The Chinese government, through their sovereign wealth fund, has invested nearly 10 billion dollars in US equities over the past year. Which stocks did they choose to invest in?
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Timothy Geithner: The United States Will "Never" Lose Its Aaa Debt Rating
Treasury Secretary Timothy Geithner has claimed that the United States will never lose their perfect Aaa debt rating. Delusional?
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Apple vs Amazon - Who Wins?
Amazon's Kindle is set to square off against Apple's iPad in the months and years ahead. The question is - who will emerge as the victor?
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Is Lloyd Blankfein The $100 Million Man or Not?
Is the CEO of Goldman Sachs actually going to receive a 100 million dollar bonus, or is this just a rumor? Goldman Sachs vigorously denies that a bonus that large is going to be issued.
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It's Kindlemania
According to Amazon.com, millions of Amazon Kindles have been sold. According to Techcrunch.com, this figure is well over the 3 million Kindle mark and counting.
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Apple Expected to Unveil the "iSlate" Later This Week
Apple is expected to pull the curtain back on their new iSlate device later this week. Will it end up being a hit or a miss?
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Where is the Insider Buying?
Insider buying is pretty much non-existent as the major market indexes continue to surge higher. What gives? Why aren't insiders buying?
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WSJ - Compensation at Major US Financial Companies Set to Top $140 Billion Dollars in 2009
The top 38 financial firms in the United States are set to dish out over 140 billion in compensation according to the Wall Street Journal. What do you think about this?
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Breaking Down the December Unemployment Numbers
The official unemployment rate may have stayed unchanged in December, but the U-6 unemployment rate ticked higher yet again.
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10 Years Ago Today..
Ten years ago today, the economy, stock market, price of commodity, etc. was all very different than it is today. How different?
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When Will China Become the World's Largest Economy?
China just recently passed Japan to become the second largest economy in the world. The obvious question now is - when will they pass the United States?
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China: "Impossible" For Foreign Governments To Double Their Holdings of US Treasuries
China warned the United States in recent comments that the US can not expect foreign governments to double their current Treasury holdings. How will the United States respond?
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Not a Good Couple of Months For Citigroup's Largest Shareholder (The US Government)
Citigroup's disastrous $20 billion dollar share offering this week has only further diminished the value of the government's 7.7 billion share holding in the company.
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Treasury Pulls Plug on Immediate Sale of Citigroup Shares
The Treasury Department has reversed course regarding the sale of some of their shares in Citigroup, announcing that they won't be selling any shares in the company for at least 90 days.
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Report: Citigroup Close To Repaying TARP Money
According to published reports, Citigroup may be on the verge of paying back $20 billion dollars in TARP funds. An announcement may be made later this week.
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Banker Bonus Tax Unleashed In the UK
A windfall bonus tax has been unveiled in the United Kingdom that will charge companies a levy of 50% for any discretionary bonuses of over 25k pounds that they plan on dishing out.
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"Pay Czar" Kenneth Feinberg Will Exempt Some AIG Executives From Salary Cap
According to published reports, pay czar Kenneth Feinberg will be exempting certain AIG executives from the $500,000 per year salary cap.
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Timothy Geithner: No Bank Would Have Survived 2008 Meltdown Without Government Intervention
Timothy Geithner recently went on the offensive, slamming excessive executive pay packages and claiming that Goldman Sachs wouldn't have survived the financial crisis without government aid.
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Peter Schiff: Gold Could Reach $5,000
Is gold a bubble? Peter Schiff certainly doesn't think so, as he is predicting that gold will trade at $5,000 over the coming years.
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Is Bank of America Next To Exit The TARP Program?
Bank of America will reportedly repay the federal government all of the $45 billion dollars in TARP funds that it currently owes next week.
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Should Ben Bernanke Receive a Second Term As Fed Chairman?
Does Ben Bernanke deserve a second term as chairman of the Fed, or should someone else be given the important role of Federal Reserve Chairman?
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The Nine Billion Dollar Check
At the height of the economic meltdown last year, Mitsubishi UFJ wrote a physical check to Morgan Stanley due to the holiday weekend.
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Black Friday Results: Droves of Bargain Hunting Consumers Spent Less Money
Over 195 million shoppers turned out for the Thanksgiving weekend holiday deals, but the bad news for retailers is that their average spend was well down compared to last year.
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The Criticism of Timothy Geithner Continues
Amid calls for his resignation, Neil Barofsky has added fuel to the fire and released a report that was critical of Geithner and the NY Fed's handling of AIG and its counterparty payments.
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Rupert Murdoch vs Google
Will Rupert Murdoch take the extreme step of delisting his sites from Google and ink a deal with Bing? Or is this nothing but hot air from a pissed-off billionaire?
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Goldman Sachs: "We Apologize"
Goldman Sachs CEO Lloyd Blankfein recently apologized for some of the activities that Goldman participated in that helped lead to the financial meltdown.
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It's a Great Time to Be An Employee of Goldman Sachs
Goldman Sachs has dished out an astonishing $16.7 billion dollars through the first three quarters of 2009 in a clear indication that the good times have returned to Wall Street.
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James "Jim" Simons To Retire from Renaissance Technologies
A legend of the hedge fund industry announced his retirement earlier this week, as James Simons announced that he will be giving up his daily duties with the company as of Jan 1, 2010.
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Citigroup Dumps Phibro (and Andrew J. Hall)
Citigroup erased one of its headaches on Friday when it agreed to sell Phibro LLC to Occidental Petroleum for a reported $250 million dollars.
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Saudi Arabia, Japan Among Countries Denying Knowledge of "Secret" Oil Deal
Countries are furiously denying allegations that they are looking to replace the US dollar as the currency of choice for oil trading - do this make it untrue however?
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Banking Executive Uses "Borrowed" Foreclosed Mansion to Live, Throw Parties
A high-ranking executive at Wells Fargo has reportedly been using a foreclosed Malibu Beach mansion to entertain guests and live for the summer.
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Geithner Gets Grilled
Timothy Geithner, Treasury Secretary of the United States, recently agreed to sit down for a Digg Dialogg interview. The result: some pretty interesting questions and answers.
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AIG's New CEO, Robert H. Benmosche, To Receive $7 Million a Year In Compensation
AIG decided to pay new CEO Robert H. Benmosche $7 million dollars a year in base compensation, as well as potential million dollar bonuses. Does he deserve this money?
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Goldman Sachs CEO to Employees: No Big Purchases Please
The CEO of Goldman Sachs recently advised employees at his firm to avoid purchasing high-tickets items in an order to avoid more outrage from the general public.
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Andrew J. Hall: Where's My $100 Million?
Should Andrew J. Hall, head of Citigroup's enormously profitable Phibro division, have his contract honored, which would see him receive around $100 million dollars in compensation this year?
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Warren Buffett Up $2.6 Billion Dollars on Goldman Sachs Investment
Remember when many people were openly laughing at Warren Buffett and his multi-billion dollar investment in Goldman Sachs? Well, Buffett has proven the naysayers wrong, once again.
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Tradeking Review
Tradeking review which analyzes the reasons as to why you may want to try out Tradeking.com as your online stock brokerage of choice.
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General Motors Briefly Trades at $1
General Motors briefly traded down to the $1 earlier today before sharply rebounding. How long will it be until the company hits penny stock status once again?
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April U-3 Unemployment Rate Comes in at 8.9%; U-6 Rate at 15.8%
The markets rallied on Friday morning after the U-3 unemployment rate came in at 8.9%. Investors were optimistic about the fact that the pace of job losses seemed to be slowing.
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Optimism Abound As Markets Tick Higher
Is the Great Recession over? Is the worst of the economic meltdown now behind us? Consider this article before you plow your money into the equity markets once again..
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Warren Buffett Speaks
Warren Buffett had a number of interesting things to say at the annual Berkshire Hathaway shareholder's meeting this weekend. He sounded an alarm for the newspaper industry, and also warned of possible inflation.
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Credit Card Interest Rates Continue To Trend Higher
Credit card interest rates continue to trend higher despite the fact that interest rates are at record lows - what gives? Why the disparity?
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More Bank Stress Test Leaks
There has reportedly been yet another bank stress test result leak - this time, at least six banks are said to be needing additional capital.
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Jim Cramer vs Nouriel Roubini
Nouriel Roubini has lashed out at Jim Cramer, calling him a buffoon after recent comments from Jim Cramer regarding the world-famous NYU professor and economist.
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Elizabeth Warren Throws Down The Gauntlet
Elizabeth Warren, watchdog of the Trouble Asset Relief Program, is set to release a report later this week that will be sure to have people (and executive at banks) talking.
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$17.2 Trillion Dollars In Total US National Debt By 2019 Under President Obama's Budget Plan?
The Congressional Budget Office released their preliminary analysis of President Obama's budget plan, forecasting rising national debt and deficits, as well as a return to economic growth in 2010.
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Salaries Could Be Going Up at Bank of America
Will Bank of America be raising base salaries for key employees of the firm? Will this help to deflect angry criticism, or will the public be just as outraged?
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Richard Bernstein and David Rosenberg Both Leaving Bank of America
Richard Bernstein and David Rosenberg have both handed in their resignation papers at Bank of America - both strategists are extremely well respected and will be missed by BofA.
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Next Bull Market May "Hinge" On The "Net Generation"? Uh Oh
Tobias Levkovich, an analyst with Citigroup, recently suggested in a report that any upcoming sustained bull markets in the United States may rely on the Net Generation for their strength. Will the Net Generation rescue the markets?
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AIG Bonus-Gate Continues To Heat Up
The Obama adminstration is reeling due after reports that hundreds of millions of dollars in bonus money was paid out to AIG employees over the past few months - will Timothy Geithner survive this public outcry?
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TheStreet.com CEO Thomas Clarke Hits The Eject Button
TheStreet.com CEO Thomas Clarke bolted the company following Jim Cramer's disastrous appearance on the Daily Show earlier this week. Is TheStreet.com finished?
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Dow, Rohm & Haas Merger
The latest news on the proposed Dow, Rohm & Haas merger. Dow has agreed to purchase Rohm & Haas for $78 per share, but the deal has experienced many snags along the way.
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Ben Bernanke: "Reasonable Prospect That The Current Recession Will End in 2009"
Fed Chairman Ben Bernanke testified to Congress on Tuesday, and said that there was a possibility that the recession would end in 2009, if the banking system started to stabilize.
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S&P 500 Within Striking Distance of Its November Lows
The markets continued lower on Tuesday, and are now dangerously close to their November lows. Will these lows hold, or will we head lower? What could possibly reverse the tide at this point?
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Goldman Sachs to Clients: Bet Against The S&P 500
Goldman Sachs sent out a report earlier today, advising clients to put on a bear put spread on the S&P 500 - this means that they are advising their clients to bet against the S&P, as they feel that the index is headed lower.
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Would You Support a Financial Transactions Tax?
There was an op-ed piece written in the New York Times yesterday that advocated for a 0.25% financial transactions tax. Is this a good idea, or a horrible one?
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Will The "Money on the Sidelines" Ever Return?
There is billions upon billions of dollars on the sidelines right now, sitting in cash and cash equivalents. Will this money return to the markets any time soon, or are bulls full of false hope?
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Tunisia Was The Best Performing Stock Market in 2008
Major market indexes took a predictable hit in 2008. Tunisia was the best performing stock market of 2008, turning in a gain of 10% - every other index in the world was red in 2008.
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Merrill Lynch CEO John Thain: I'd Like $10 Million Dollars, Please
The CEO of Merrill Lynch, John Thain, is requesting a $10 million dollar bonus from Merrill Lynch's compensation committee.
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UBS AG Analyst David Bianco Makes "Bold" Prediction for S&P 500 Next Year
David Bianco, analyst at UBS AG, made a bold prediction on Wednesday, saying that the S&P 500 could rise as much as 53% next year, due to cheap valuations and aggressive government intervention programs.
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BVI Global Fund Ltd (of Tudor Investment Corp) Temporarily Suspends Withdrawals
Tudor investment Corp. recently announced a plan to split their BVI Global Fund Ltd. into two separate funds, including the "Legacy" funds that would hold the firm's hard-to-sell assets.
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Carl Icahn Boosts Stake in Yahoo! to 5.5%
Carl Icahn announced earlier this week that he had increased his stake in Yahoo! Is the naming of a new CEO next for the company?
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Barton Biggs - "We Are In For the Mother of All Bear Market Rallies"
Barton Biggs of Traxis Partners believes that we are close to a major 30-50% bear market rally. Is he right?
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Citigroup Is Going To Have A Hard Time Finding a Buyer
Can Citigroup avert collapse and secure much-needed funds over the weekend? Will anyone step up to buy the company, or is Citigroup doomed to fail?
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What's Wrong with Berkshire Hathaway?
Berkshire Hathaway dropped 12% on Wednesday and is currently down over 40% on the year. What's wrong with Berkshire Hathaway?
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101 of All S&P 500 Stocks Now Trading for Less than $10 Per Share
101 of the 500 stocks that are listed in the S&P 500 are currently trading for less than $10 a share, illustrating just how bad things are right in the stock market.
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Mark Cuban Is Sued by the SEC
The SEC filed a civil suit against Mark Cuban in a Dallas courtroom today, alleging that the owner of the Dallas Maverick engaged in illegal insider trades.
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Top Goldman Sachs Executives, Including CEO Lloyd Blankfein, Will Not Receive Bonuses This Year
Seven key Goldman Sachs executives, including CEO Lloyd Blankfein, will not be receiving bonuses this year.
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Best Buy: "Most Difficult Climate We've Ever Seen"
Best Buy's CEO has reported that this is the most difficult retail climate that he has "ever" seen. How bad will things get this year for retailers?
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Deutsche Bank Drops the Hammer on General Motors: "Shares are Worthless"
Deutsche Bank poured some more dirt on General Motors on Monday, proclaiming that the company will be completely worthless in 12 months.
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Platinum Grove Asset Management LP, Another Myron Scholes Hedge Fund, Is Struggling As Well
Platinum Grove Asset Management LP, a hedge fund co-founded by Myron Scholes, is down a reported 38% on the year.
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Jerry Yang to Microsoft: Buy Us. Please?
Jerry Yang has publicly spoken out about Microsoft, and seems to be heavily indicating that Yahoo! would look favorably on another buyout offer.
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Tight Credit, Low Consumer Confidence and High Gas Prices Conspiring to Destroy the US Auto Industry
General Motors reported a precipitous 45% drop in auto sales in October compared to last year, while Ford reported a 30% drop. Can the US auto industry recover from this?
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HFRX Global Hedge Fund Index Down 19.6% YTD
The HFRX Global Hedge Fund Index is down nearly 20% on the year, offering a much grimmer picture of the under-siege hedge fund industry.
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Where Is the Stock Market Headed in November?
One of the worst months in the history of the markets is now over. Where will the markets head in November of 2008? Here are some things to expect..
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The Mother of All Short Squeezes: Volkswagen
Volkswagen briefly became the most valuable company in the world on Tuesday after panicked short-sellers in the stock attempted to cover their shares.
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Can the Citadel Investment Group Survive?
Can the Citadel Investment Group recover after sustained major losses in 2008? Rumors are swirling about the health of the multi-billion dollar fund.
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A Tale of Two Companies: McDonald's vs Starbucks
McDonald's and Starbucks have been gone in opposite directions since the fall of 2007. McDonald's has traded higher, but Starbucks has plummeted. Why?
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Hedge Fund Industry Posts Worst Month Since At Least 2000
The hedge fund industry posted its worst month since at least 2000 in September after succumbing to the falling global stock markets and credit contagion. The industry posted a one-month loss of 4.75% in September.
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Christian Siva-Jothy Ignores Downturn in Hedge Fund Industry as His SemperMacro Fund Posts Large Gain in September
Christian Siva-Jothy and his SemperMacro fund posted an extremely strong gain in September as equity markets plunged. Siva-Jothy is a former head of proprietary trading at Goldman Sachs.
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Warren Buffett Is Enthusiastically Bullish on US Equities
Warren Buffett recently published an op-ed piece in the New York Times, extolling the virtues of investing in the US equities market. Some were surprised by his extremely and unabashedly bullish stance.
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Andrew Lahde Flips Wall Street The Bird, Rides Off Into Sunset
After posting a stunning 870% gain in 2007, Andrew Lahde has decided to close the door of his hedge fund permanently, but not without a few choice words for Wall Street.
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The Stock Market Crash of 1987 (Black Monday) Revisited
The Dow Jones Industrial Average suffered its worst one-day drop (percentage-wise) of all-time on October 19th, 1987.
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Wall Street 2: "Money Never Sleeps" Reportedly on the Way
Michael Douglas is reportedly giving consideration to reprising his role as Gordon Gekko in a proposed sequel to "Wall Street" entitled "Money Never Sleeps."
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Some Notable Hedge Fund Heavyweights, Including Steven Cohen of SAC Capital Advisors, Liquidated Many of Their Positions in Recent Days
Many of the "heavyweights" in the hedge fund industry moved to heavy cash positions over the past few days, which surely contributed to last's weeks slaughter in the stock market.
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Historic Stock Market Volatility Leads to One of the Biggest One-Day Rallies in Wall Street History
Monday saw one of the biggest one-day stock market rallies in the history of the North American markets as the DJIA, Nasdaq and S&P 500 all soared over 11%.
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Goldman Sachs Turns Bearish On Oil, Calls For Year-End Price of $70 A Barrel
Goldman Sachs, one of oil's biggest bulls during its ascent to dizzying heights over the past couple of years, has turned short-term bearish on oil and other commodities.
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FOX Business Network (FBN) Going After Jim Cramer Hard During Market Meltdown
The Fox Business Network (FBN) Has Run Some Very Unflattering Print and TV ads over the past week, attacking Jim Cramer. Fair game or over the line?
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Will Morgan Stanley / MUFG (Mitsubishi UFJ Financial Group) Deal Go Through as Planned?
Will Morgan Stanley's share price falling through the floor, many market watchers are wondering if MUFG will either walk away from the deal, or at least attempt to re-negotiate the terms of the deal.
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2008 Is On the Verge of Becoming the Worst Year Ever for the Nasdaq Composite
The Dow Jones Industrial Average and S+P 500 are both down a great deal in 2008, but what about the Nasdaq? How does 2008 compare to some of the previous worst years for the Nasdaq?
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The Worst Years in the History of the Dow Jones Industrial Average
What have been the worst annual performances for the Dow Jones Industrial Average (DJIA) and how does 2008 compare?
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Aggressive Interest Rate Cut by Australia's Central Bank Likely Start of Coordinated Global Rate Cuts
Australia's Central Bank has aggressively slashed interest rates today, leading many to believe that this is the start of a global coordinated interest rate reduction.
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Neel Kashkari, 35 Year Old Advisor To Henry Paulson, To Oversee $700 Billion Dollar Bailout Program
According to an article in the Wall Street Journal, 35 year-old Neel Kashkari is being tapped by Hen...
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What Now for the Financial Markets?
After a very up-and-down week for the stock markets, investors are nervously looking forward to next week. Will the markets continue to tank or begin to rebound?
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The Stock Market Plunge on Monday Changed Many People's Minds About the Bailout
The Stock Market Plunge on Monday Likely Ensured the Passage of a Revised $700 Billion Dollar Bailout Deal. People Panicked, and now they want some sort of bailout to soothe the markets.
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Five of the Biggest One-Day Drops in the History of the Nasdaq
Five of the biggest one-day drops in the history of the Nasdaq stock exchange.
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The Church of England Attacks Short-Sellers and Debt Traders
The Church Of England Launched a Surprising Attack Against Short-Sellers, Calling Them "Grave Robbers" and "Asset Strippers"
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Why Is IBM On the Prohibited Short Sale List?
IBM was inexplicably added to the prohibited short sale list earlier this week, leaving many market watchers scratching their heads at the bizarre decision.
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Warren Buffett Scores Sweetheart Goldman Sachs Deal
Berkshire Hathaway is purchasing five billion dollars worth of Goldman Sachs perpetual preferred shares with a dividend payment of 10%.
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Ragingbull.com Relaunches In Midst of Crippling Market Meltdown
Ragingbull.com, a product of the 1990s Internet Boom, relaunched their site on Monday in the midst of a massive market meltdown.
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Proposed Federal Bailout Numbers: Nearly $2 Trillion Dollars and Counting
The Great Bailout of 2008 May End Up Costing the Taxpayer Over Two Trillion Dollars
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SEC To Temporarily Ban ALL Short-Selling?!?!
The SEC is proposing a complete temporary ban of all short-selling. The ban, while not yet enacted, could be announced as soon as Friday.
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Warren Buffett Putting Berkshire Hathaway Money to Work In Face of Crumbling Market
While the stock markets crash, Warren Buffett is accelerating the pace of his purchases, snapping up a number of companies on the cheap.
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Financial Sector Has Lost Well Over a Trillion Dollars In Market Capitalization Since October of 2007
29 of the Biggest Companies in the Financial Sector Have Lost Well Over a Trillion Dollars of Market Cap in the Past Year
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The SEC Drops the Hammer on Naked Short Selling
The SEC issues a new press release, clarifying their policy regarding the banning of naked short-selling.
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Government To Provide Secured Loan to AIG and Take an 80 Percent Stake in the Company
The United States Government Will Provide A Loan to AIG And Take Over 80 Percent of the Company
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The Stock Market Goes Into Complete Meltdown Mode on Monday
The stock market seized up on Monday after Lehman Brothers declared bankruptcy and Merrill Lynch was purchased by Bank of America.
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Merrill Lynch Agrees to Buyout From Bank of America; The Financial Landscape Continues to Abruptly Change
Merrill Lynch Agrees to $44 Billion Dollar Buyout from Bank of America
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Lehman Brothers on the Verge of Bankruptcy
Lehman Brothers is on the brink of declaring bankruptcy, barring any last second deals.
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RK Capital Management LLP Down As Much as 30% in August
RK Capital Management fell as much as 30% in August due to the stunning decline in commodities prices.
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How Pissed Off Are Yahoo Shareholders Right Now?
Disgruntled Yahoo shareholders are growing increasingly angry in the wake of the stock's rapid decline.
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Hedge Fund Capital Inflows Have Slowed to a Trickle in 2008
Hedge fund capital inflows are slowing down at an alarming rate, due to the drop-off in the real estate market and the subprime mortgage meltdown.
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Atticus Capital Has Lost Over Five Billion Dollars in 2008
According to various sources (Forbes, Reuters and others), activist hedge fund Atticus Capital has d...
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Another Friday, Another Bank Failure; FDIC May Borrow Money from U.S. Treasury
Another Friday, another bank failure in the United States.
This time it was Integrity Ba...
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Nasdaq Delistings Way Up in 2008
The major stock exchanges (such as the Nasdaq and NYSE) are encountering weakness from all sides in ...
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Altor Equity Partners Closes Three Billion Dollar Altor Fund III
Despite "turbulent fundraising markets", Altor Equity Partners have successfully closed their third ...
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Tudor Investment Tensor Fund Up Nineteen Percent YTD
Tudor Investment's Tensor Fund is currently up almost 19% YTD according to an article in the New Yor...
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Harbinger Capital Partners Funds Raises Stake in Cablevision
Things are about to get a bit more interesting for Cablevision and its management - it was revealed ...
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Andor Capital Management LLC Shutting Its Doors
It's the end of an era as Andor Capital Management LLC has announced that it will...
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BP Capital Drops in July
BP Capital, the hedge fund run by famed investor T. Boone Pickens, suffered a 35% drop in the commod...
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JPMorgan Chase & Co's Thomas Lee: Stocks Will Rise "Much Higher" by End of 2008
Thomas Lee, the chief equity strategist at JP Morgan Chase & Co., has gone on rec...
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George Bush to Ken Wilson: Treasury Secretary Henry Paulson Needs Your Help
"Is there a Goldman Sachs employee in the house?"
The Wall Street Jour...
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Banks to the SEC - We'd Like Some Protection From Short-Sellers Too
Did the SEC really expect anything different?
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SEC To (Temporarily) Halt Naked Short Selling on Freddie Mac, Fannie Mae and Seventeen Brokers
Ok, this is too funny.
The SEC announced today that short-sellers...
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Chinese Hedge Fund Manager Shells Out $2.1 Million for Lunch Date with Warren Buffett
Warren Buffett is without a doubt the best investor that ever lived.
But are his words o...
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Goldman Sachs Clearly Knows What It is Doing
So on May 5th, Goldman Sachs came out with a recommendation that investors should add to "U.S. finan...
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Warren Buffett: "US Already in a Recession"
In an interview published in Germany's Der Spiegel weekly on Sunday, Warren Buffett sought to douse ...
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Arjun Murti - The Man Behind the "Super Spike"
Arjun N. Murti has made a number of headlines over the past few years after making a couple of bold ...
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Champion Air Goes Out of Business Just In Time for the NBA Finals
Big deal right? Yet another airline goes under.
If you are a sport...
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Goldman Sachs: Possibility of $150-$200 Per Barrel of Oil "Increasingly Likely" Over Next 6-24 Months
A group of Goldman Sachs analysts, led by Arjun Murti, released a report today saying that there was...
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Google Rises to the Heavens After Posting Strong Q1 2008 Earnings
There was a great deal of hand-wringing before Google announced its Q1 2008 earnings on Thursday aft...
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$10 Per Share for Bear Stearns?
Multiple news outlets tonight are reporting that JP Morgan Chase Co. is in talks to increase its off...
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Wall Street Job Market Falling Apart
Given the turmoil in the financial services market, now is not a good time to be a newly-graduated M...
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Endeavor Capital Loses 27% In One Day
According to the Financial Times, Endeavor Capital, a three billion dollar London-based hedge fund, ...
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V (Visa) IPO Prices; Set To Open For Trading on Wednesday
The hotly-anticipated V (Visa) IPO has priced tonight at $44 per share, and will open for trading on...
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Barton Biggs of Traxis Partners LLC Predicts 1,000 Point Uptick in the Dow
These are certainly interesting times on Wall Street right now.
On Friday, Bear Stear...
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Paulson and Co. Continues Their Red-Hot Run
If you thought that Paulson and Co. was destined for a let-down after 2007's massive year, then John...
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Carlyle Capital Corporation Gets Pounded After Failing to Meet Margin Calls
Carlyle Capital Corporation touched off a wave of selling on Thursday, especially in mortgage real e...
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Focus Capital is the Latest Hedge Fund Casualty
Focus Capital, a one billion dollar hedge fund (or at least, it used to be a one billion dollar hedg...
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Is Thornburg Mortgage In Danger of Falling into Bankruptcy?
It certainly hasn't been a good couple of weeks for Thornburg Mortgage.
Their stock, ...
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Blue River Asset Management Avoids Collapse By Raising $100 Million in New Capital
Hedge fund firm Blue River Asset Management managed to avoid the fates of several other prominent he...
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Phil Goldstein of Bulldog Investors Fund Challenging SEC on Hedge Fund Advertising Laws
Phil Goldstein of the Bulldog Investors Fund is preparing to take on the SEC over the coming weeks o...
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One Man's Pain is Another Man's Gain; Pimco Looking to Swoop in and Buy Mortgage and Municipal Debt
Over the past week or so, we've heard of three different situations in which companies have had to d...
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Peloton Partners LLP Asset Seizures A Sign of Things to Come for Hedge Funds?
Yesterday we told you that Peloton Partners had decided to shut down their "ABS Master Fund", a fund...
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Peloton Partners LLP To Shut Down ABS Fund; Halts Redemptions for Multi-Strategy Fund
Another day, another hedge fund casualty.
Today, the Wall Street Journal and Reuters ...
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Visa Files for IPO; Will Be Largest US Initial Public Offering Ever
Markets in turmoil? Who cares?
Visa filed proposed terms on Monday with the Securitie...
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Warren Buffett Increasing His Exposure to US and International Equities?
What's that line that Warren Buffett has?
"Be fearful when people are greedy and be g...
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Insider Buying Signaling a Major Bottom in the Market?
According to Bloomberg, CEO's, directors and other senior officials are buying more shares in their ...
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A Microsoft / Yahoo Merger Would Only Mean Good Things for the Search Engine Industry Over Time
Google, which normally plays it fairly close to the vest, went absolutely wild this past weekend, st...
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Will There Be a Bidding War For Yahoo Now?
Microsoft fired a shot heard around the world late last week when they announced that they had plans...
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Will a Three Percent Fed Funds Rate Help to Revive the Housing Market in the United States?
With the housing market plummeting and many Americans watching their net worths evaporating before t...
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The Impact of Microsoft's Bid for Yahoo
What a double whammy of news for the search engine world.
First, Google announced aft...
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Can Google Possibly Maintain Its Earnings Growth And Continue To Post Better Than Expected Earnings Reports Every Quarter?
With Google reporting their Q4 2007 earnings tonight, you have to start to wonder when the Google ro...
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Societe Generale "Victim" of Major Fraud
Societe Generale, France's second largest bank, has apparently fallen victim to the single large fra...
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Sensex Crash | The Sensex is Crashing
Indian stock analysts and economists tried to sooth the growing fears of Indian and international in...
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Lower Valuations + Weak American Dollar + Desperation = Foreign Buying Bonanza of American Companies
I remember back to the late 1990's when the US dollar was a pillar of strength. I remember hearing a...
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Alan Greenspan Working as an Advisor for Paulson & Co? That's Just Wrong
Of all of the thousands of hedge funds that Alan Greenspan could have taken an advisory position wit...
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Paulson Credit Opportunities Fund - How the Fund Had Such an Explosive Year in 2007
In 2007, according to Bloomberg, the Paulson Credit Opportunities Fund returned almost 600%, finishi...
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Ten of the Top Performing Hedge Funds of 2007
In 2007, news of poorly performing hedge funds seemed to dominate the financial headlines. There was...
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Is the Credit Card Industry Next to Feel the Pinch?
A few years ago, there were plenty of easy ways to raise money to support your lifestyle, especially...
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Google, Microsoft and Yahoo Settle with Department of Justice for "Promoting Online Gambling"
The Department of Justice yesterday announced that Google, Microsoft and Yahoo had all agreed to set...
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Berkshire Hathaway Hits $150,000 for the First Time
Believe it or not, people actually have the audacity to try and say that Warren Buffett's results ar...
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Not All Hedge Funds Have Had Rough Years
You may think when you open up the Wall Street Journal or the business section of your local paper t...
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"Mystery Trader" Makes Huge Bet on DJ Eurostoxx 50 September Puts
There was quite a lot of rumbling on Monday about an "anonymous investor" that had made a very bold ...
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Could Countrywide Financial (CFC) Possibly Go Bankrupt?
Bankruptcy is a possible scenario for Countrywide Financial Merrill Lynch said on Wednesday, sending...
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KKR IPO Needs to Be Postponed
I feel like Dr. Obvious for even saying this, but KKR really needs to stop kidding themselves when i...
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Och-Ziff Capital Management Group Moves Closer to Going Public
Och-Ziff moved closer to becoming a publicly traded company on Tuesday, as they filed an Amendment t...
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Is the Repeal of the Short Sale Tick Test Rule Behind This Market Volatility?
I was reading through the Wall Street Journal this morning, and an article caught my eye that made m...
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Goldman Sachs Global Equity Fund Gets 3 Billion Dollar Bailout
Goldman Sachs on Monday announced that they would be sinking $2 billion dollars of their own money i...
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LEND / Lone Star Merger - Everyone Got It Wrong
Numerous hedge funds got it wrong, as they piled into LEND on Friday, causing the stock to run up ov...
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Tykhe Capital: Some Funds Down as Much as 31% Month to Date
Sorry to pile on the bad news, but it's bad out there in quant land.
Tykhe Capital, w...
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Liquidation of Quant Hedge Fund Positions Behind Market Fluctuations?
This has not been a good year to run a quant hedge fund.
One after another, these "ma...
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Jim Cramer Goes Bananas on CNBC
Jim Cramer is passionate about the market. He's passionate about the economy. And now he is extra pa...
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Insider Trading Is Running Rampant on Wall Street
TXU. Dow Jones. Acxiom. Aquantive. HCA. First Data.
What do these companies have in common?
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SEC To End the Short Sale Tick Test Rule
Short-sellers everywhere are rejoicing tonight.
The SEC...
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Terry Semel Out; What Now for Yahoo?
A few weeks ago, I was speaking with a friend about Yahoo! This is a company with so much potenti...
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The US Government Deals Yet Another Blow to the Online Gambling Industry; Neteller Blows Up
Well, Neteller didn't actually blow up. But if you were using your Neteller account to fund your ...
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