Facebook's CEO Mark Zuckerberg increased his net worth after the company's stocks jumped yesterday.
Tags: Stock market
Nikkei outshines Asian shares, clears 2013 peak
Asian markets took cheer on Tuesday after Wall Street rang up more records and upbeat U.S. spending data burnished the outlook for the global economy, with Japan's Nikkei hitting a 2013 high after Tokyo markets opened after a holiday.
Hedge funds lose out to equities, again
For hedge funds that made money this year there was only one strategy that really mattered - latching onto the stockmarket rally.
World stock index near 6-year high
A major index of world equities rose to near a six-year high on Friday, helped by gains in U.S. stocks, on faith in an improving global economy and support from central banks, while U.S. crude oil rebounded from recent declines.
Stock markets may remain volatile on RBI move
RBI had increased its short term policy repo rate to 7.5% from 7.25%, a move which could have stock markets remain volatile.
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Apple bought back three times more share than expected. Apple recently had a major share buyback spree. The company bought back 36 million shares instead of the scheduled 10 million.
Apple shares experienced what was probably its best day ever in 2013. Shares of the tech giant Apple experienced what was probably the best day it had this year.
Despite Beijing's stimulus package, Chinese stocks still fell Thursday. Despite China's stimulus measures geared towards strengthening its flagging economy, Asian stocks dipped this Thursday.
Facebook shares rose as the company continues to see strong mobile ads earnings. Facebook posted strong stock results Wednesday. The internet giant's shares rose 19%.
iPhone sales led to 5% increase in AAPL. AAPL, the symbol by which Apple stocks were traded on the stock market, soared. This was after Apple reported higher-than-expected quarterly results.
Latest figures for Apple were released recently. According to Apple's (AAPL) most recent report, the company's third quarter fiscal revenue beat analysts' forecasts, but predicts that this quarter's revenue will settle below expectations.
‘Tiger cub’ Laffont was bullish on content but not Apple. Philippe Laffont, a hedge fund manager at Coatue Management, did not seem too optimistic when asked about his opinion of Apple.
Apple reported an increase in sales after analysts predicted a decline today. Despite a general negative outlook on Apple's future performance, Apple Inc.
Hong Kong's stock market was adversely affected by the summer lull. The summer vacation seemed to have penetrated the stock market in Hong Kong. The summer lull sent trading volumes to its lowest point Monday since September 4, 2012.
