Author Archives: Douglas A. McIntyre

Technology

IBM Hits 52-Week Low as Watson Branding Flails

Bob Dylan has made a television commercial for International Business Machine Corp.'s (NYSE: IBM) Watson natural language machine learning "mega project." So have Serena Williams and scientist Richard Thaler. Watson ...
Read Full Story »
Smoggy Forbidden City

Will India and China Wound the Car Industry?

Not every car sold in India is made by one of the huge manufacturers in Europe, Japan or the United States. The sales these manufacturers have in China are greater. ...
Read Full Story »
ThinkstockPhotos-87461205

US Leads Central Bank Gold Holdings at 8,155 Tonnes

According to new analysis in the World Gold Council's Gold Demand Trends Full Year 2015, the U.S. central bank held 8,155 tonnes of gold at the end of December. Germany ...
Read Full Story »
Time Warner

Time Warner CEO Bewkes Abandons Investors

Time Warner Inc.'s (NYSE: TWX) earnings and its forecast disappointed Wall Street. Its shares tumbled 5% to $60 after it posted its fourth-quarter and full-year figures, and briefly it hit ...
Read Full Story »
White Picket Fence

Cities With the Most (and Least) Empty Homes

Across the United States, the average vacancy rate was 1.6% at the beginning of February, according to new data from real estate research firm RealtyTrac. Several of cities with the ...
Read Full Story »
Gas Pump Nozzle

2 Cent Gas in Venezuela

Depending on who is counting, based on currency exchange rates, whether gasoline is priced by liter or gallon, the price of a gallon of gas is about two cents in ...
Read Full Story »
Groupon logo

Public Company Unicorn: Groupon

On November 4, 2011, Groupon Inc. (NASDAQ: GRPN) began trading, after pricing its initial public offering at $20. The stock opened at $28 and moved as high as $31 that ...
Read Full Story »
Yelp

Public Company Unicorn: Yelp

Yelp Inc. (NYSE: YELP) went public on February 28, 2012. Its share price on the first day of trading rose 60% and hit $23.90, putting its market cap just over ...
Read Full Story »
Battered Dollar Bill

99 Cent Gas May Be on Its Way

The International Energy Agency (IEA) February oil market report will put more downward pressure on crude prices just as the price of gasoline in some parts of the United States ...
Read Full Story »
mobile games

Public Company Unicorn: Zynga

Zynga Inc.'s (NASDAQ: ZNGA) business really never got off the ground after the company had its initial public offering on December 15, 2001. It raised $1 billion, based on an ...
Read Full Story »
Tiki

5 States With The Lowest Voter Turnout

24/7 Wall St. looked at voter turnout in all 50 states. Below are the five states with the lowest turnout ranked No. 46 through No.50, along with the methodology: 46. ...
Read Full Story »
Pumping Gas

Gas Prices Rise to $4 in Parts of California

With the national average price for a gallon of regular at $1.83, the price in some parts of California is 120% above that. In some stations in the state, gasoline ...
Read Full Story »
Tesla charging station

Tesla’s Shares Hit 52-Week Low as Wall Street Abandons It

Tesla Motors Inc. (NASDAQ: TSLA) shares reached a 52-week low as investors fretted about late deliveries, production capacity and rising competition from some of the world's largest manufacturers. Tesla's stock ...
Read Full Story »
482470659

Unemployment Above 10% In Some California Cities

When the Bureau of Labor Statistics "Civilian labor force and unemployment by state and metropolitan area" for December comes out later this month, it will show that, while the national ...
Read Full Story »
Wallet full of money

Gas Price Drops to $1.18 in Oklahoma

In several locations around Oklahoma City, the price for a gallon of regular gasoline has fallen to $1.18, according to GasBuddy. That compares to the national average of $1.88. Several ...
Read Full Story »