There’s a perniciously false effective markets argument made for shorting says Tesla CEO Elon Musk. It is vice disguised as virtue.
Fake Twitter Buyout Article Fools Everyone, Sends Stock Soaring
Hoax articles – fooling everyone from your racist uncle on Facebook to top Wall Street investors. An article suggesting that Twitter had received a $31 billion offer sent the company’s stock prices soaring earlier this afternoon. The article, called Twitter…
Retirement Planning: 3 Reasons To Start As Soon As Possible
Retirement planning is typically something that individuals and couples engage in once they hit their late forties and early fifties. The conventional wisdom has been that once you hit a certain age, you should be looking to prepare to retire.…
Stock Market Crash Said To Be Inevitable. So Why Have Baby Boomers Poured Everything Into It?
There is an ongoing debate as to what the current state of the stock market means. For some, what we’re witnessing is a natural aspect of the market, known as a “correction”. The correction part of the cycle is said…
Facebook Stock Opens at All Time High
On the heels of a strong earnings report, Facebook stock soared in after hours trading and has carried that momentum into pre-market trading, hitting an all-time high. Wednesday afternoon, Facebook released its Q2 earnings, reporting revenue of $2.91 billion –…
GoDaddy Files for a $100 Million IPO
In 2006, web hosting company GoDaddy.com decided it was time to file for an initial public offering (IPO). However, it quickly changed its mind after learning that it would have to take a 50 percent haircut (a loss on the…
Rite Aid Stock Down on Poor Earnings Update
Stock in Rite Aid Corporation is tumbling today following a dismal earnings update by the company. On Thursday Rite Aid released sales results for May and updated its quarterly and yearly earnings estimates, previewing a year of worse-than-expected earnings. Rite…
Stock Market Distrust Shown for Third Straight Year
As it currently stands, the stock market is in a fairly good spot. Interest rates on fixed income and cash are low, market returns in 2013 exceeded 30 percent, and the market itself is setting record highs. Despite all of…
‘Candy Crush Saga’ Maker Files for IPO
The maker of Candy Crush Saga filed its Initial Public Offering (IPO) of up to $500 million today. King Digital Entertainment undoubtedly hopes to follow in the footsteps of Zynga, who filed their IPO in late 2011 and has become…
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…
Bonds Continue to Rise, Making Investment Wise
There has been much talk lately of a government shutdown, and for good reason. Politicians in Washington are still debating what to do about the looming debt-ceiling crisis, with Republicans still pushing for the defunding of Obamacare in order to…
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…
Zynga Now Under Investigation For Cashing Out Before Shares Slumped
Well, that didn’t take long. We brought you word this morning that Zynga CEO Mark Pincus and other insiders including Google cashed out on Zynga stock back in April before the company’s shares fell to the abysmal depths that they’re…
Stock Market: Spain Bailout May Only Bring Temporary Relief
Stock markets across Europe increased on news that Spain had accepted the equivalent of €100 billion ($125 billion) in bailout funds, though some seem to view this as only a temporary solution to much bigger problems on the continent. The…