Netflix (NFLX) just announced some major expansion plans. Later this year, they will offer their popular streaming service to 43 countries in the Caribbean and Latin America. This expansion is of no surprise. Earlier this year, Netflix CEO Reed Hastings stated that the company
Category Archives: Stocks
How To Invest In Facebook Before They Go Public
Facebook is expected to IPO early next year, which is great news for anyone who wants to own a chunk of the world’s largest social network. Right now, the company is valued at (just) $70 billion, they are expected to
Facebook To IPO With A Valuation Of $100 Billion
CNBC is reporting that Facebook will likely go public the during first quarter of 2012. That’s right, soon you’ll be able to own a chunk of the world’s largest social network. This will likely be a pretty big IPO, many
Groupon Files For $750 Million IPO
If you’ve been waiting to get a piece of the daily deals action, your time is near. Today, Groupon filed for an initial public offering. Groupon plans to raise $750 million with their offering, though that number is subject to
Amazon Shares Set To Surge
Shares of Amazon (AMZN) could be ready to surge in the near future. The companies’ stock is trading 60% higher than it was this time last year, Amazon also reported an astounding Q4 EPS of $0.91. There’s no doubt the
NASDAQ Stock Exchange Hacked
The National Association of Securities Dealers (NASDAQ) has been hacked. Nasdaq OMX spokes person Frank DeMaria said “suspicious files” were discovered on their servers during a standard security scan. Further investigation revealed that Nasdaq’s Director’s Desk system may have been affected.
Google: Schmidt To Step Down, Reports Solid Q4
Google announced their Q4 earnings today, but who cares? The big news is that their CEO Eric Schmidt will step down and assume the role of Executive Chairman. Schmidt will be replaced by Google co-founder Larry Page on April 4th.
Apple Reports Monster Q1 Earnings and Sales
Apple has reported another blowout quarter. They basically crushed analysts expectations. The stock was briefly halted as these numbers were reported. After the halt, Apple began trading with tremendous volume, briefly propelling to all time highs. Bad news for all
Steve Jobs Takes Leave of Absence: Updated
Apple co-founder and CEO Steve Jobs will take his second leave of absence in two years. Today Jobs sent the following email to Apple employees: “Team, At my request, the board of directors has granted me a medical leave of
NINTENDO, 3DS TO SHIP MILLIONS, STOCK PERFORMANCE, VISION WARNING
Reuters: On February 26, Nintendo will launch their highly anticipated 3DS hand held console. They will initially begin selling Units in Japan, where they plan to ship 1.5 million units in the first month alone!.
