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  • Technology » Remembering a Couple Bubble Darlings
    November 8, 2013, 07:31 GMT

    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

  • Wells Fargo (NYSE:WFC) , the country’s largest home lender, reported record third quarter results on Friday alongside a number of other large financial institutions. The fantastic results were powered by fewer loan defaults and lower expenses. These operating efficiency helped the company overcome weakness in its mortgage lending unit. Up until recent weeks, the financial sector

  • The third day of the government shutdown continued to bring trepidation to the capital markets as investors start to worry about the looming debt ceiling. On Wednesday the administration met with leaders of the major Wall Street firms in an effort to generate support for a conclusion to this matter. The government shutdown is embarrassing