Shares of Facebook Inc. (NASDAQ: FB) have tumbled about 12% in premarket trading. The social media giant said late Thursday that its second-quarter revenue rose 32% to $1.2 billion, but the company…
U.S. stocks are poised to open higher as investors await the first reading on second-quarter U.S. GDP, and after encouraging remarks from Europe’s central bank about supporting the euro. Economists predict the…
Now that Facebook (NASDAQ: FB) has issued its quarterly report and its stock has fallen another 10%, investors wonder how low the shares can go. Revenue last quarter rose to $1.184 billion…
Douglas A. McIntyre Now that Facebook (NASDAQ: FB) has issued its quarterly report and its stock has fallen another 10%, investors wonder how low the shares can go. Revenue last quarter rose to $1.184 billion…
Facebook Inc.’s (NASDAQ: FB) stock is hammered by earnings letdown. (Reuters) Samsung Electronic Co.’s earnings reach $5.9 billion mostly on smartphone sales. (Reuters) Barclays PLC’s (NYSE: BCS) profits rise sharply. (Reuters) The…
We have many stocks on the move in the after-hours session. Today was the largest day for S&P earnings this earnings season. Some of these volume spikes are massive. Acme Packet, Inc.…
Facebook, Inc. (NASDAQ: FB) was initially taking back some of the Zynga Inc. (NASDAQ: ZNGA) related losses today. That was then. While the social media giant managed to meet earnings estimates (or…
Jon C. Ogg Facebook, Inc. (NASDAQ: FB) is out with its first earnings report as a public company and Wall Street is so far taking back some of Thursday’s losses. The social networking behemoth reported…
The three major US stock indexes opened higher this morning following European Central Bank president Mario Draghi’s promise to “do whatever it takes to preserve the euro” (our coverage here). What he…
OK, so it is no secret that Zynga, Inc. (NASDAQ: ZNGA) screwed its shareholders. You should not be surprised because Zynga is one of these new-age Web 2.0 (or Web 3.0) companies…
While investors breathlessly await the company’s first earnings report since its IPO, Facebook Inc. (NASDAQ: FB) is believed to be prepping a run at the smartphone market. A report from Bloomberg News…
Subject: Ten Ways You’ll Know The Recession Is Over When Gallup asked people about the state of the economy this spring, as a recovery appeared to have taken hold, the polling company…
ZyngaAmong the risk factors in the Zynga (NASDAQ: ZNGA) 10-K is this: The three class structure of our common stock has the effect of concentrating voting control with those stockholders who held our…
The USDA reports that drought has made a large increase in food prices likely. (Reuters) The government of Changsha in China launches a $130 billion stimulus program. (Reuters) Hackers have effectively attacked…
These are the 24/7 Wall St. unusual after-hours stocks on the move. Most of the movers are on earnings news. Akamai Technologies, Inc. (NASDAQ: AKAM) loved its earnings report as shares are…
