Shares and Markets
Shares and Markets - February 2, 2013 2:57
Unemployment Sends Risk Assets Up on QE Expectations
The equity markets are all in levitation mode now that all of the U.S. economic data for the week came in decidedly bearish. Bearish data should not be bullish for stocks and commodities, but it is when the markets only function because of non-economic money printing by central banks. This is known in common parlance […]
Changing of the Smartphone Guard?
With the news — well, the source is Digitimes so salt to taste — today that Apple is already working on the iPhone 5s and it will be ready by Q1 2013 it should highlight just how much trouble the purveyor of all gadgets cool and hip may be in. The need to turn their […]
Apple’s Push Towards Full Mobile May Leave Intel Behind
There’s a report that Apple is working on a version of an ARM SoC that could replace Intel chips in their full service Macs. Since iOS and OS/X share the same code-base, similar to Windows Phone 8 and Windows 8 from Microsoft, creating a port of OS/X to run on the ARM architecture is not […]
Microsoft Leads a Big Day in Tech
Microsoft finally took the official wraps off of the latest version of its Windows Phone OS today revealing features that anyone actually following its development already knew as Microsoft has been teasing us with dribs and drabs of the OS’s new features for months. The biggest single change is the core of the OS which […]
Apple Misses, Stock Plummets Until Noon
The hedge-Fund Hotel known colloquially as Apple (NASDAQ:AAPL) missed both its top and bottom line numbers in the 3rd quarter and the stock dropped intra-day to a low near $590 per share. A small amount of short-covering after noon pulled the stock back over a 6 handle to close at $604.00. The thing that has […]
Apple Updates Entire Product Line Ahead of Windows 8 Launch
We all knew the iPad mini was coming. It may have been the worst kept secret in technology. What we didn’t know was that Apple had a lot more up their sleeves in Cupertino. The refresh on the normal iPad with the A6x chip was really a no-brainer. They released the iPhone with the new […]
Is the Google Earnings Leak our October Surprise?
Google is such a trailblazer they weren’t content with being in-line with their earnings miss as all of their peers and one-upped them by having their earnings leaked to the market three and a half hours too early. I kid, of course, but is this truly the October surprise for this year? Or will it […]
Alcoa Kicks off Earnings Season While Tech Slumps
Alcoa (NYSE:AA) is the bellwether of bellwethers as it is the first major U.S. corporation to report. A good report from Alcoa is usually a pre-requisite for a good earnings season. Excluding one-time charges Alcoa earned $0.03 per share on significantly higher than expected revenues of $5.83 billion. Fundamentally, commodity prices are going to be […]
European Stock Markets Plunge on Euro Zone Worries
Stock markets in Europe ended on a bearish note on Friday in reaction to escalating euro zone debt worries. Moreover slower Chinese growth data also created concerns among the investors. Fitch’s downgraded rating for Greece added concerns over Spain’s position too. In China, the state information center reported the annual growth rate fell to 7.5 […]
European Equities End on a Bearish Note on Weaker US Jobs Data
European stocks remained under pressure on Friday in reaction to weaker US jobs data. Moreover investors were also extremely cautious ahead of elections in France and in Greece. Moreover, business activity data in the single currency region also disappointed investors. As per the latest report of the US Labor Department, 115,000 jobs were created in […]
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