Technology »
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With shares of Twitter(NYSE:TWTR) up by more than 75 percent on its first day of trading, some traders and investors alike may be going through a deja vu moment. A little over a decade ago the dot com bubble officially burst. The days of meteoric initial public offerings for companies at insane valuations came to
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Technology »Apple rises as investors look forward to fifth generation iPad
October 22, 2013, 06:29 GMTShares of Apple, Inc (NASDAQ:AAPL) advanced more than 2.4 percent to $521.30 as investors look ahead to the unveiling of the fifth generation iPad Tuesday. Apple CEO Tim Cook is expected to introduce not only the next-gen iPad, but also a high-definition iPad Mini. The new iPad is expected to borrow heavily from Apple’s
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Blackberry (NASDAQ:BBRY) can’t seem to stay out of the headlines these days, seemingly everyday there is yet another news story making waves across the entire technology sector. Earlier in the week BlackBerry’s largest shareholder, Canadian insurance company Fairfax Financial, announced it hopes to buy the smartphone maker for $9 per share, only a slight premium
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Since Facebook’s (NASDAQ:FB) highly anticipated initial public offering just a few years ago, shares have been subject to huge price swings. After initially trading above $40 per share at offering, shares of the social media giant plummeted by more than 50 percent to below $20 per share. At the moment it didn’t appear things were
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Elon Musk made headlines this week when he revealed plans to begin work on a high-speed, solar powered inter-city transportation system. The Hyperloop, as Musk eloquently refers to it in a Monday blog post on the Tesla Motors (NASDAQ:TSLA) website, is intended to revolutionize our transportation system, promising to take passengers from Los Angeles to
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Shares of the technology giant Apple (NASDAQ:AAPL) traded higher by 4% during the after hours session after the company reported a strong third quarter. The company beat analyst consensus earnings and revenues estimates on the back of better than anticipated iPhone sales. Net income fell by 22% to $6.9 billion, or $7.47 per share, from
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