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[ATTACH=RIGHT]16523[/ATTACH]Skype, the Luxemborg-based internet video phone service, filed for its initial public offering (IPO) on Monday (August 9) to list on the Nasdaq Stock Market. The value was tentatively set at $100 million, a number analysts suggest is merely a rough estimate set to help the Securities and Exchange Commission … 
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The Nasdaq is down 43 points this morning, with Google (down $12) and RIMM (down $3) leading the charge down the hill, so to speak. I think we’re seeing the first symptoms of anther false bottom, which sounds incredible after hearing from so many experts on Wall Street that the … |
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Not a good Friday on Wall Street, but then what else is new? The Dow is down 100 points, and the Nasdaq off 31 points, to 1,585 after a lousy jobs number (but not as lousy as many thought) and a seller’s run on Apple, Cisco Systems, and on semiconductor … |
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It was the fourth-worst trading day in Wall Street history, with the Dow off 679 points (about 8% of the index's total value) and the Nasdaq falling almost 9%, to 1,398 for the session. There's a lot to point at here, but the main culprit seems to be the fact …
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Is it 2010 yet? Few people want to wish their lives away, but Wall Street might gladly trade a year of its life for a time machine that would take the market straight to 2010, when hopefully this mess will be behind us. Today's Barron's lays out the numbers and … |
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At mid-afternoon trading today the Dow was up 339 points and the NASDAQ is up 47 points. I’m a bit surprised because most of the economic news coming out today was negative. Housing prices are down, foreclosures are up, consumer confidence is at its lowest point in 35 years, and … |
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The stock market is in apparent free fall again this morning, with the Dow Jones Industrial Average down 387 points and the Nasdaq is off 56 points. Global markets are particularly hard hit, with Japan's stock index down 10% - at lows we haven't seen since 2003. Weirdly, gold and … |
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Thursday saw another horror show on Wall Street, with the Dow tanking 200 points over the weaker-than-anticipated GDP number and the shaky job market (the U.S. unemployment rate rose to 5.7% today). Still, tech stocks seemed to navigate the tumult of bad news in surprisingly robust fashion. We covered Motorola … |
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