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Displaying items by tag: Wall Street

Saturday, 05 February 2022 14:58

Facebook parent Meta loses $332 billion in one day

Facebook's parent company Meta experienced its biggest one-day loss in trading since it debuted on Wall St in 2012. The company saw a whopping 26% slump, taking $332 billion $US237 billion) off its market value. Zuckerberg saw a $40 billion loss.

Published in Listed Tech

Before Apple's earnings report last week, analysts were falling over themselves to declare the iPhone X as a failure with poor sales, but not only did Apple smash the naysayers with excellent results, Strategy Analytics says iPhone X is No.1 worldwide.

Published in Telecoms & NBN
Wednesday, 07 February 2018 12:16

US, Australian markets recover some lost ground

The US market has ended the day on Wednesday Australian time with a rise of 567 points, recovering from a slump a day earlier.

Published in Market
Thursday, 24 July 2014 12:07

Facebook wows Wall Street with massive revenue

Social media giant Facebook has flexed its financial muscles in a earnings call overnight, demonstrating to Wall Street investors and critics alike that it's well-positioned in the mobile advertising market and showing no signs of slowing down.

Published in Listed Tech
Thursday, 24 April 2014 12:35

Apple announces massive share buyback plan

Tech titan Apple has signed off on a further US$30 billion share buyback until the end of 2015 and raised its quarterly dividend by 8% as shaky revenue growth continues to plague the company.

Published in Market
Wednesday, 29 January 2014 07:51

Apple does well, but can do better

Apple has announced record results – but not by much. Wall Street is unimpressed. What does it have to do?

Published in Listed Tech
Friday, 08 November 2013 14:55

Twitter wows Wall Street

Twitter has surprised the tech world with a hugely successful public launch today, surging to 73% growth after day one to reach $US44.90 a share.

Published in Listed Tech
Thursday, 07 November 2013 16:23

Twitter priced at $26 a share

Twitter has announced it will begin trading at $26 when it goes on sale tomorrow, compared with an initial price of $38 for Facebook when it launched last year.

Published in Listed Tech
Thursday, 12 September 2013 12:06

Facebook shares hit all-time high

Facebook shares rose more than 3% on Wednesday to hit an all time high, valuing the social network at US$106 billion.

Published in Listed Tech
Wednesday, 11 September 2013 11:02

Apple's share price plummets on "disappointing" iPhones

Apple's new iPhones, intended to save the company from its falling share price, have done the exact opposite, with investors declaring the announcement a disappointment.

Published in Listed Tech
Wednesday, 31 July 2013 14:36

Facebook rebound almost complete

A long 14 months after its initial launch, social media giant Facebook is set to finally pass its $38 IPO price.

Published in Market
Friday, 26 July 2013 12:22

Facebook "on the right track"

Mark Zuckerberg is once again steering Facebook in the right direction, if analysts and share prices are to be believed.

Published in Market
Friday, 19 July 2013 14:40

Microsoft's earnings a big disappointment

Analysts' worst fears were realised today, with Microsoft admitting it was US$900 million short on sales projections for its Surface RT tablets.

Published in Market
Friday, 19 July 2013 13:10

Google struggling with mobile

Google is struggling to capitalise on the mobile advertising market, after its second quarter financial results missed market expectations.

Published in Market
Thursday, 02 May 2013 10:45

Facebook's profit up 58%

Despite share price problems social media giant Facebook saw its profit rise in the first quarter of 2013 as it improved its market share in mobile advertising.

Published in Home Tech

With Strike aligning itself with world-class products it's easy to see how Producers of the hit movie, 'Wall Street - Money Never Sleeps' starring Michael Douglas has proved popular.

Monday, 08 February 2010 10:04

Learning with the computer using open source

An American developer studying in New Zealand is using the open source Python programming language to build an educational voice and vision dialogue system as part of his doctorate thesis.
Published in Open Sauce
Tuesday, 07 October 2008 03:36

What Wall Street can learn from FOSS

If you haven't been living under a rock in recent times, you would be fully aware of the serious financial crisis in which the US finds itself. And as the contagion spreads, in smaller measure, to the rest of the world, people's thoughts often devolve to cost-cutting.
Published in Open Sauce
Not even Apple can escape the fallout from the global economic crisis, with it's shares tumbling this week. That hasn't stopped Apple's executive team reaping in more than 120 million dollars in bonuses though...

Published in Market
The US Stock Market has dive bombed following the failure of the proposed 700 billion dollar bailout bill at the hands of the House of Representatives. Tech stocks felt the pressure, as did the House website which appears to be crumbling under the strain. Thank goodness, here come Microsoft and Obama to save the day...

Published in Market

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