In Apple’s Shadow, Amazon Labors
Amazon’s (NASDAQ: AMZN) stock has outperformed Apple’s (NASDAQ: AAPL) over the past year, past two years, and past five years. But, Apple is the leader, supposedly, in the creation and marketing of…
Amazon’s (NASDAQ: AMZN) stock has outperformed Apple’s (NASDAQ: AAPL) over the past year, past two years, and past five years. But, Apple is the leader, supposedly, in the creation and marketing of…
Just a day after closing its MP3 music download offering, Wal-Mart Stores Inc. (NYSE: WMT) has launched a streaming video service for the iPad from Apple Inc. (NASDAQ: AAPL). Walmart already offers…
Apple (NASDAQ: AAPL) became the most valuable company in America yesterday when its market cap passed Exxon Mobil’s (NYSE: XOM). The move draws attention to what market capitalization means, and why it…
Short sellers moved into bank stocks ahead of the sell-off based on data for the period that ended July 29. Shares sold short in JPMorgan (NYSE: JPM) rose 17% to 33.6 million.…
Goldman Sachs (NYSE: GS) says QE3 was likely after the Fed’s recent comments. (Reuters) HSBC (NYSE: HBC) sells its U.S. credit card business to Capitol One. (Reuters) China not likely to raise…
Financial markets have been reeling as investors grow more concerned about the economy: An S&P downgrade of the full faith and credit of the United States, dismal GDP data, and ongoing weak…
Apple (NASDAQ: AAPL) briefly became the most valuable company in the world today. When it hit $364 billion in worth, it passed long-time leader Exxon Mobil. Over a span of two years,…
It is amazing what a move Apple Inc. (NASDAQ: AAPL) has made over the last decade. Now it carries a new title…. MOST VALUABLE COMPANY, or at least it is fighting for…
The Federal Reserve is under pressure to offer solutions to falling markets and a slow economy. (Reuters) The Swiss franc hits a record against the euro. (Reuters) Bank of America (NYSE: BAC)…
2.25 PM Comments from the Fed killed the rally, and the DJIA dropped into negative territory. The central bank will keep interest rates low through mid-2013, but it did not indicate any…
The next challenge for Congress will be a tax deadlock. (Reuters) The Nikkei falls another 2% on news of a U.S. downgrade. (Reuters) Yields on Italian and Spanish bonds fall as the…
The Android operating system from Google Inc. (NASDAQ: GOOG) is the leading platform smartphone platform in among 78.5 million US smartphone owners. The iOS operating system that powers the iPhone from Apple…
Sales of video games fell by 10% in June according to market research firm NPD Group, from $1.15 billion in June 2010 to $1.03 billion. This past May was even worse, with…
Hitachi and Mitsubishi may merge (Reuters) Japan intervened in the yen (Reuters) Spain will offer bonds and the European Central Bank meets to examine option to help the country’s debt problems (Reuters)…
Smartphone maker Research in Motion Ltd. (NASDAQ: RIMM) has released five new phones this morning, including one, gasp, that does not have a keyboard. While shares are getting a bounce pre-market, this…