Twitter Destroys $30 Billion in Market Value
Since January of 2014, Twitter has destroyed approximately $30 billion in market cap. Among Web 2.0 companies, this must be close to a record.
All Work
Douglas A. McIntyre
China PMI Hits 77-Month Low
ThinkstockAccording to the August Early Caixin Manufacturing PMI for China, the measure hit a 77-month low. The research firm reported the number was 47.1 points. The final PMI for the sector in July was 47.8,…
Oil Below $40 Means Gas Below $2
AAA says gas prices could drop more dramatically after Labor Day as people take fewer road trips and use less gasoline.
Subway by the Numbers: 44,000 Locations, Largest Fast Food Chain in the World
It is too early to say what damage Subway might face as its many-year spokesman Jared Fogle heads to prison.
Facebook Passes Google as No. 1 Referring Site for Online Media
Media sites almost certainly will make more effort to use Facebook as a target for their content. Online media goes where the money does.
5 Companies With Surprise Upside Earnings
With Chinese stocks crashing another 6% and oil pushing $40 a barrel, sometimes we need to be reminded that good things still happen in the corporate world. And indeed they do, as the past…
4 Stocks Likely to Fall Hard During a Correction
Investors eyeing the high valuation tend to get trigger happy with the sell button at the slightest amount of bad news.
Why Sprint Can’t Win With Its New Subscriber Plan
courtesy of Sprint Corp.Sprint (NYSE: S) launched a new, revolutionary plan to add and keep subscribers. The only flaw is that AT&T (NYSE: T) and Verizon (NYSE: VZ) can match the plan in a…
Twitter Should Give Its Cash Back to Investors
courtesy of TwitterNothing focuses the mind of management as much as when it faces few financial resources to support losses. Twitter (NYSE: TWTR) bleeds money because it can. At the end of the last…
The Troubled Economy of Brazil by the Numbers
The Brazilian economy has been injured and could even lapse into recession. President Dilma Rousseff is also under suspicion for corrupt behavior.
New Initiatives Do Not Help IBM’s Share Slide
IBM has launched several initiatives recently, but none of them have convinced the markets that the company can reverse its shocking downward trend in both revenue and stock price.
Air Pollution Causes 17% of Chinese Deaths
Air pollution causes 17% of the deaths in China, according to a recent study of air pollution in the country.
As HTC Falters, Apple Claims Another Victim
HTC had a hot hand in the American smartphone market just three years ago, but the company recently was swamped.
Softbank Dumps Another $87 Million Into Trouble Sprint
The $87 million Softbank has given Sprint is a symbol of its commitment, but one that is unlikely to impress the market.
Auto Loans Top $900 Billion, as Risks Rise
Auto loans stretch out to 84 months, giving new reasons for buyers to get new cars.
Wal-Mart Shares Slip Toward 52-Week Low
Whether it is due to disputes with workers or slow store traffic, shares of Wal-Mart have crept toward their 52-week low.
As Corruption and Oil Production Rule, Moody’s Cuts Brazil’s Rating
Moody's has downgraded Brazil's debt. Among the primary drivers were not the recent scandals, but the level of debt the country has created.
Oil Inventory to Stay High in 2016, Even With Greater Demand
Don't expect oil prices to rise next year. As a matter of fact, they may fall, according to the IEA.
Can Google’s New Structure Take Stock Back to All-Time High?
Google continues to trade below its all-time high, but there is a chance it will close that gap with the new Alphabet restructuring.
China Car Sales Fall as Air Pollution Becomes Threat
The China Association of Automobile Manufacturers released figures for July that show car sales have collapsed after a year that has posted an uncharacteristic slowdown.