Google Inc. (Nasdaq: GOOG, GOOGL) will report 2014’s first-quarter earnings after the bell today (Wednesday), and analysts are predicting earnings per share (EPS) of $6.39 on revenue of $15.5 billion.
U.S. stock futures were weak this morning as Wall Street looks to looming tensions in Ukraine and worse-than-expected Chinese data.
The Dow Jones Industrial Average rose 146 points on Monday to finish at 16,173.24. The Nasdaq increased by 22 points to finish at 4,022.69, while the S&P 500 added 14 points to end the day at 1,830.61.
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First, Bitcoin dipped below the $400 threshold on Thursday on growing concerns about forthcoming Chinese regulation.
Greece will return to the international bond market this month, and other news capsules.
Facebook (Nasdaq: FB) stock still has a lot to prove if it wants to win over value investors, but it took a big step in that direction Wednesday with the announcement of its addition to both the S&P 500 and S&P 100 Indexes.
It’s a question that Microsoft Corp. (Nasdaq: MSFT) needs to get right: With current Chief Executive Officer Steve Ballmer slated to retire within a year, who will become the next Microsoft CEO?
You’d better start getting used to the idea of virtual currency.
While the much talked about Bitcoin is the most prominent and widely used virtual currency, it is not the only one.
Anyone wondering why Bitcoin prices are rising need look no further than China.
Since the beginning of November, a massive spike in Chinese buying of the digital currency has almost single-handedly caused Bitcoin prices to triple.
When you look at the numbers, it’s almost surreal.
The trend of companies in America hoarding cash keeps growing.
The 10 U.S. companies with the most cash reported a combined $540 billion in cash, cash equivalents, and short-term investments in their last quarterly reports. That’s up nearly 3.7% in just the last quarter.
These cash hoards are why activist investors like Carl Icahn have been pushing companies’ boards to share their wealth with stockholders.