Wall Street Ends 5 Day Skid; Stocks are Up

The stock market saw a surprise surge last Wednesday after the Federal Reserve announced that it would continue its bond-buying program. That up-swing did not last long, though; The stocks dipped drastically on Thursday, and Wall Street has seen a…

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…

Nasdaq Shutdown Causes Stocks to Rise

This afternoon, Nasdaq came to a screeching halt due to a technical glitch in the computer system. The outage lasted around three hours. According to the Washington Post, the outage took place at 11:45 am and systems were not up…

Tumblr Rings NASDAQ Opening Bell To Celebrate Yahoo Acquisition

Sure, Yahoo acquiring Tumblr seems like pretty old news at this point, but the two joined companies are still celebrating. They commemorated the event this morning in New York with Tumblr CEO David Karp ringing the NASDAQ Stock Market opening…

NASDAQ Fined $10 Million For Botched Facebook IPO

To say the Facebook IPO was a disaster might be a bit of an understatement. A few days after the social network went public, reports emerged that a technical issue prevented trading and many investors lost money as the stock’s…

Facebook Stock Down On NASDAQ 100 Debut

Facebook stock didn’t have a great day today, as the company debuted on the NASDAQ 100. The NASDAQ 100 includes 100 of the biggest domestic and international non-financial companies listed on the NASDAQ based on market capitalization. Computer hardware and…

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…

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…

Facebook Wants to Keep “FB” on the Nasdaq Exchange

As of yesterday, Facebook executives have decided it’s a good idea to keep their stock, ticker symbol “FB”, listed on the Nasdaq Stock Exchange. Previously the company had debated taking their shares over to the NYSE after Nasdaq experienced a…

SEC Investigates Nasdaq and NYSE After Facebook IPO Breakdown

The Securities and Exchange Commission (SEC) isn’t buying that Nasdaq’s much publicized computer glitch on the opening day of Facebook’s IPO was the root cause for all the confusion. In fact, they have seen a couple other cases of so…