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Twitter rebounds after plunging more than 10% on Tuesday (TWTR)

Twitter rebounded after negative news out Tuesday battered the stock. Twitter and other social media stocks outperformed the Nasdaq. Watch Twitter shares in real time here. Twitter shares rallied Wednesday, gaining 4.37% to $37.72 apiece,...Show More Summary

Snap is gaining on a tough day for tech stocks (SNAP)

Snap is far outperforming the Nasdaq Wednesday. Tech stocks are flat to down, after news of a Facebook data breach sparked a rough two days for the entire market. Watch Snap stock move in real time here. Snap shares are up almost 4% Wednesday, to a high of almost $17 apiece. Show More Summary

The S&P 500 and Stephen Hawking: A Theory on “Peak Everything”

The NASDAQ served up an annualized return of 66% in its final two years of dot-com mania. Only after the balloon had burst did people begin to question the lunacy of paying 10x revenue for the privilege of being a shareholder. Ironically enough, since early 2016, the top 10 growth names in tech...

Amazon surpasses Alphabet in market value

Amazon is currently the second biggest company in the world when it comes to market capitalization. The company is currently worth $763.27 billion (NASDAQ:AMZN) while Alphabet (NASDAQ:GOOG) is “only” worth $762.98 billion. Amazon has had an incredible quarter. Stock is up nearly 29 percent since early January. As for Alphabet, its shares have gone up […]

Nasdaq Sets A New All-Time High But Also Suffers A ‘Key Reversal’

My theme for the five major U.S. equity averages is that the tech-heavy Nasdaq Composite must lead. It has as evidenced by a fresh all-time high set at 7,637.27 on March 13. The problem is that March 13 was also a daily ‘key reversal’ day as the index closed below its March 12 low of 7,563.44.

How To Trade U.S. Equity Averages That Are Nearing Risky Levels

The Nasdaq powered to a new all-time intraday high on Friday. Here's how to trade it and four other indexes now.

Facebook has lost $60 billion in value

Facebook is having a bad day… for the second day in a row. Following the Cambridge Analytica debacle, Facebook shares (NASDAQ:FB) are currently trading at $164.07, down 4.9 percent compared to yesterday’s closing price of $172.56. More importantly, if you look at Monday and Tuesday combined, Facebook shares are down 11.4 percent compared to Friday’s […]

Facebook Stock Plunges

CNN Money: Facebook tumbled 7% on Monday, helping to pull the tech-heavy Nasdaq 1.8% lower and S&P 500 1.4%. It was the Nasdaq’s worst day since February 8. The Dow fell as much as 493 points. The average closed down 336 points, or 1.4%, and is back in negative territory for the year. Show More Summary

S&P, Nasdaq Red As Facebook Carnage Continues

Facebook shares are down another 6%, now trading at their lowest in over 5 months... This is the biggest two-day drop in Facebook since July 2012... (and furthest below 200DMA ever) This is not the biggest drop in Facebook ever (but is up there)...   And are weighing on the broad markets as S&P and Nasdaq join Small Caps in the red for the day...

10 things you need to know before the opening bell (SPY, SPX, QQQ, DIA, FB, AMZN, ORCL)

Here is what you need to know. Tech stocks got crushed by news of Facebook breach. The Nasdaq 100 fell 2.21% Monday, led by Facebook's 8.1% plunge in the wake of a report out over the weekend that said it suffered a data breach. TheShow More Summary

Bitcoin's rough patch reminds Morgan Stanley of the Nasdaq during the tech bubble — except it's moving 15 times faster

Bitcoin fell as much as 70% from its mid-December high through its recent early-February low. The cryptocurrency's price chart mirrors that of the Nasdaq Composite Index during the dotcom bubble era, but there's a catch. Historical fluctuations...Show More Summary

KFx Medical, LLC Announces Another and Fourth License of its Knotless Double Row Patents

PRESS RELEASE: KFx Medical, LLC announced that it has entered into a license agreement with Wright Medical Technology, Inc. (NASDAQ:WMGI) relating to KFx patents used in knotless double row rotator cuff repair. Under the agreement, Wright and...

Cloud security startup Zscaler closes at $33, up 106% on its first day of trading on Nasdaq

The first post-billion, big tech IPO of the year has opened with a bang. Zscaler, a security startup that confidentially filed for an IPO last year, closed out its first day of trading at $33/share, up 106% from its opening price of $16. The enterprise cloud services company started trading this morning as ZS on […]

Zscaler Doubles in IPO: Nice Day for Tech Vet Chaudhry

As shares of newly public security firm Zscaler soar by 76% on their Nasdaq debut, co-founder and CEO Jagtar “Jay” Chaudhry tells Barron's how his company differs from all the network security firms, being built from the start with cloud computing in mind.

Tech Today: Qualcomm LBO? Micron Options Plays, Apple’s Next A.R.

Security tech vendor Zscaler approaches its debut on Nasdaq, Broadcom shares fall after an upbeat report and outlook as it says it still sees further acquisition targets, rumors of Qualcomm LBO'ing itself seem improbable, Adober is rising...Show More Summary

Facebook Stock Drops On Cambridge Analytica News, Dragging Down Nasdaq

Facebook stock dropped more than 5% at the start of the trading day, dragging the Nasdaq along with it. Shares had dipped below $175 at the end of the first hour of the session. That’s their lowest level since last October. The social...Show More Summary

Market Breaks As Tech Tumbles After G-20 Comments

Update: As Nasdaq accelerated lower, the market - as it tends to do - broke... NASDAQ PSX DECLARES SELF-HELP AGAINST NYSE AMERICAN    NASDAQ BX DECLARES SELF-HELP AGAINST NYSE AMERICAN       An absence of dip-buyers has prompted a 6.5%...Show More Summary

Tech Stocks Trashed After Biggest Fund Inflow Since 2000 Peak

Lats week saw a massive $3.3 billion inflow into QQQ (the Nasdaq ETF) - this is the biggest retail flow into the fund since October 2000 (which didn't end well). The last time QQQ saw inflows of this magnitude was Oct 2000 - which preceded...Show More Summary

March 9, 2009 ….Be Grateful and The Birth of National BTFD Day.

This made me laugh this morning as unike the Nasdaq, Bitcoin is down 50 plus percent off it’s highs. Onward… The Nasdaq closed at all time highs on Friday. That is NOT bearish. Here is a long-term chart Here is a shorter term chart that...Show More Summary

Weekly Scoreboard

S&P 500 2,752.01 -1.24% The Weekly Wrap by Indices DJIA 24,946.51 -1.54 % NASDAQ 7,481.99 -1.04 % Russell 2000 1, 586.05 -.70 % S&P 500 High Beta 44.70 -1.35 % Goldman 50 Most Shorted 1 46.89 +.41 % Wilshire 5000 2 8,505.36...Show More Summary

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