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All Posts Tagged Tag: ‘stocks’

Microsoft Stock Surging on Ballmer Retirement News

Microsoft CEO Steve Ballmer announced this morning that he will be stepping down from his position within the next 12 months. The executive has been a part of Microsoft for over 33 years, joining the company as its first business manager and only its 30th employee. Ballmer praised his executive team in a statement this morning, saying that “now is …

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Facebook Stock Rallies, Nearly Hits Its IPO Price

For the first time since the IPO, Facebook stock approached $38 a share today. It didn’t actually hit that significant number (that’s what the stock started out at back in May) – but it came close. Really close. Its high for the day was $37.96 – an increase of nearly 7% from its opening. For Mark Zuckerberg and the rest …

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Microsoft Reports Fourth Quarter Revenue Of $19.90 Billion

There’s a lot of doom and gloom talk surrounding the PC market these days. Can Microsoft survive in such an antagonist climate? It certainly thinks it can, and its latest financial results show that it’s making money in the areas defined by its recent push into the devices and services business. Microsoft reports today that it pulled in $19.90 billion …

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Google Stock Hits All-Time High, Surpassing $800

Google shares reached an all-time high today, surpassing $800 for the first time in the company’s history. It was only in September, when we reported that Google hit a record high at $748.90, and obviously, they’ve come a long way since even then. According to the Wall Street Journal, shares are up over 13% this year. Yahoo Finance says the …

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Why Is Apple’s Share Price Dropping So Quickly?

When the iPhone 5 launched, it looked like Apple was on top of the world. The company’s stock hit an all time high with an individual share price of $702. Fast forward to today and the company’s individual share price is now sitting at $485. What happened, and can Apple fix it? It’s easy to see why Apple’s stock was …

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Apple Stock Is A Lot Lower Than It Was Last Month [AAPL]

It wasn’t all that long ago that we were reporting that Apple stock had hit an all-time high. When the company launched the iPhone 5, shares skyrocketed, sending them over $700. Now, shares are a bit closer to Earth at $591.42 (-12.58‎, -2.08%‎) as of the time of this writing. Trading was halted temporarily thanks to Hurricane Sandy, but the …

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Stock Markets Closed With Hurricane Sandy (Frankenstorm) Closing In

As previously reported, major stock trading has halted today thanks to Hurricane Sandy (aka: Frankenstorm). Fears related to the storm have shut down the New York Stock Exchange (NYSE) and NASDAQ. Both announced that they would be closed today, and may also be closed on Tuesday. Google has put out a pair of Hurricane Sandy-related maps, including this New York-specific …

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Stocks Halted as Hurricane Sandy Hurtles Toward New York

Major stock trading is halted today as fears about Hurricane Sandy continue to shut down nearly the entire Northeastern U.S. Both the New York Stock Exchange (NYSE) and NASDAQ have announced their U.S. stock exchanges will be closed today, and possibly Tuesday. NASDAQ stated this weekend that the decision to close was made through a consultation with other U.S. exchanges, …

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Apple Announces Fourth Quarter 2012 Earnings Results

Everybody was curious as to how Apple performed in its fourth quarter. The company was rather mum about units sold during the iPad Mini event earlier this week. The earnings released today show that Apple had nothing to hide as they did pretty good. Apple announced today that the company pulled in $36 billion in revenue and quarterly net profit …

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Apple Shares Down After iPad Mini Announcement

Apple fans rejoiced as the iPad Mini was announced today. The company also announced new iterations of the MacBook Pro, iMac, Mac Mini, iPad and iBooks. The audience in attendance at the event were obviously excited with each and every announcement. The stock market, however, was not as enthused. On the heels of the iPad Mini announcement, Apple’s shares have …

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Google Earnings Report Accidentally Released, Shares Tumble

Google accidentally leaked its Q3 earnings today, ahead of schedule. The company missed analysts’ estimates, and as a result, shares are tumbling. As of the time of this writing they’re at $687.39 (-68.10‎, -9.01%). The earnings release is currently displayed at SEC.gov. It shows Google with revenues of $14.1 billion for the quarter, an increase of 45% year-over-year. Motorola revenues …

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Google Is Now The World’s Second Largest Tech Company

Everybody knows by now that Apple is the world’s largest tech company. As far as market value goes, it can’t be beat. Microsoft was at a distant second, but it has finally been usurped by Apple’s greatest nemesis – Google. Bloomberg reports that Google’s stock value rose 0.7 percent this morning to a total market value of $249.2 billion. This …

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