Displaying items by tag: Wall Street

The market value of Alphabet, the parent company of Google, fell by more than US$100 billion (A$144 billion) after its much-vaunted AI service Bard made an error in answering a simple question. Its shares fell 7.7% on Wall Street.

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.

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.

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

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.

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.

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

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.

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.

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

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.

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

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

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

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

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.

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.