Around 12:45pm EST today, Apple (NASDAQ:AAPL) was the most valuable stock in the world, topping the current king of stocks Exxon Mobile (NYSE:XOM). When Apple rose to a high of $369.89 per share it had a $342.8 billion market share, and when Exxon fell to $68.78 per share it had a $334.41 billion market share. […]
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Somehow, at the end of the day today, AOL’s stock price (NYSE:AOL) bounced a bit and in turn, prevented a complete disaster from occurring. At it’s lowest point, AOL shares were down 31% during the trading day. However, with the bounce at the end, the stock managed to close down only 12%. At around 12 […]
Amazon never ceases to absolutely stun both investors and casual observers, like myself, of the online retail market space. With the release of the Kindle, and now the soon to be Amazon Android tablet, the company continues to create outlets for more people to consume more products faster. And with the mobile internet becoming faster […]
RIM, the maker of Blackberry and the Playbook tablet, announced major layoffs today as it struggles to compete against the iPhone and Android OS. This announcement has sent the stock tumbling on the NASDAQ. RIM shares (NASDAQ:RIMM) are down right now -0.91 (-3.26%) at 27.00. Blackberry maker RIM continues to struggle to keep up in the fast […]
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Apple Considering A Bid To Buy Hulu
Apple has approached owners of Hulu with a potential bid to purchase the streaming video service. Owners of Hulu include big brand names such as Walt Disney, News Corp., and Comcast Corporation. Apple would be looking to Hulu to bolster the iTunes store video service offering. iTunes already has started offering on demand video rentals […]
Apple has a huge week, and their stock (NASDAQ:AAPL) ended up closing over 7% for the week ending July 22nd. On Wednesday, Apple announced a record breaking quarter. During the earnings call, shares on Apple stock were halted temporarily. But the stock opened up again for trading, it popped instantly over 400. This was […]
Microsoft is joining the likes of Apple this week and reporting record number sales for the quarter and the year. This must be the season for big tech companies to post record quarterly earnings. Microsoft (NASDAQ:MSFT) announced a record fourth-quarter revenue of $17.37 billion. Microsoft’s fourth quarter revenue increased 8% from the same period last […]