If there was any question about the direction of Facebook going forward, Wednesday’s Q4 earnings put that to rest — Facebook is trying to be a mobile company, and making good gains so far in getting there. Read more »
Is it fair to blame Facebook’s CFO for the failure of the company’s IPO, and the subsequent decline in the share price? Not really. The wildly inflated hopes and dreams of an overheated technology sector were also to blame, and he had no control over that. Read more »
Ever since Facebook stumbled with its IPO, there has been a constant drumbeat of criticism saying Mark Zuckerberg should step down as CEO — but Silicon Valley is devoted to the idea of strong founders retaining control of their companies. Will that be Facebook’s undoing? Read more »
Facebook reported earnings that met estimates on Thursday, but that wasn’t enough for some investors — who clearly wanted to see the company outperform even the rosiest expectations. Meeting those lofty goals will be a challenge for Facebook in the future, especially as its growth rate slows. Read more »
A day after Netflix management signals its intention to plow any profits for the foreseeable future into international expansion, Wall Street once again craters the company’s stock price. Read more at paidContent »
Wall Street is replete with Chinese digital media stocks. But, as the Nasdaq welcomes yet another amid Facebook’s slump, how is the Chinese internet faring in New York? Read more at paidContent »
No more need for price speculation, folks. Facebook just put out amendment S-1 filing number 8, which sets its IPO price at $38.00 a share. Get your checkbooks ready. Read more »
Facebook’s latest securities filing contains some eye-popping numbers but also some red flags — particularly a sharp rise in costs. As the company’s IPO approaches, investors need to ask themselves, Is Facebook unlike anything we have seen before, or is it just another modestly profitable Web business? Read more »
Chipotle stock is up more than 470 percent over the past three years — a run that beats out even the impressive one Apple’s stock has been on. Despite that, hedge funds and stock analysts are picking the iPhone maker over the burrito maker far more often. Read more »
With close to a billion active users, Facebook is already the world’s largest social network, and it is already generating billions from advertising directed at those users. So the bottom line for investors and analysts is, Can this company really get any bigger? Read more at GigaOM Pro »
Even after it goes public, Facebook will still be controlled single-handedly by CEO Mark Zuckerberg through a special class of stock and voting agreements. In other words, while you may own stock in the company, you will have virtually no say in what happens to it. Read more »
If Green Bay, Wis. with a population of 105,000 can raise $70 million to re-hab its football field by selling $250 stock shares, There must be a community in America that can raise up to $3 million for a broadband network. Here’s how it might work. Read more »
LuxeYard, a site selling high-end home decor products, is launching Tuesday. Yes, it’s technically another flash sales site. But what’s interesting about LuxeYard is that it’s doing things a bit differently from the established players in the space such as One Kings Lane and Gilt Groupe. Read more »
It’s time to start placing bets as to how many iPads Apple will sell in 2012. Sterne Agee’s Shaw Wu is starting things off with an estimate of 48 million, he said Wednesday morning. Wu says that number could end up being “conservative,” and I agree. Read more »
Apple has made a couple of minor changes to its online store Friday morning, which, though small, should make shopping for products through the web-based portal even more painless. The first is a new iPad-ordering process, and the other is a change in stock level indicators. Read more »
Ever since it emerged from Chicago’s small startup community in 2008, Groupon has had nothing short of a spectacular story in terms of its growth: With estimated annual revenues of more than $4 billion after just three years of existence, the poster child for the “group ... Read more at GigaOM Pro »
Reports say Groupon has put its hotly awaited IPO on hold. But was it market volatility that pulled the rug out from under the offering, or the repeated missteps by the company and its CEO, combined with growing skepticism about the viability of its business model? Read more »
Apple surpassed Exxon Mobil Corporation to become the company with the highest market cap after trading on Wednesday. It’s an achievement that comes as the result of a long, steady climb for Apple, aided in no small part by the iPhone and the iPad. Read more »
After releasing its earnings for the latest quarter, AOL’s stock fell by as much as 30 percent at one point on Tuesday. Why? Because while it showed some revenue growth, the company said the turnaround investors have been waiting for is still a long way off. Read more »
Apple investors rejoice: The company’s stock closed at an all-time high Tuesday. Shares of the iPhone and iPad maker hit $400 a few times Monday but closed at $398.50. Tuesday shares opened at the $400 mark and actually peaked in the morning at $404.48. Read more »
Apple put away $10.4 billion in cash during the most recent quarter, bringing its total cash and securities to $76.2 billion. Apple is extremely conservative about what it does with its money, which has become a little controversial. Here’s what people are saying. Read more »
Twitter is reportedly raising a huge new round of financing that could value the company at more than $7 billion. The company is clearly taking advantage of a red-hot market for tech stocks — but can it build a business that justifies that kind of lofty valuation? Read more »
Groupon’s hotly-awaited initial stock offering will either stand as a beacon of hope to technology and Internet stocks of all kinds, or as a giant warning sign indicating a huge bubble of irrational exuberance. The company’s prospectus contains plenty of evidence for both sides. Read more »
LinkedIn went public on Thursday in one of the most eagerly-awaited stock offerings in years, and the shares doubled almost instantly, giving the company a market value of more than $9-billion. While the service is clearly a good business, is it really worth $9 billion? Read more »
This week, tech insiders and observers are abuzz with estimates of how much Facebook is really worth. What set off the latest round of chatter was a Sunday morning Wall Street Journal report that Facebook could have a valuation of $100 billion after an IPO. Read more »
Wedbush Securities says we are seeing the rise of the “Second Internet,” and the companies that are growing and succeeding share certain attributes — including an understanding of the social web — and are rarely the same players who succeeded in the earlier phases of the web. Read more »
Apple share value dropped by 2.3 percent on Tuesday, and 4.5 percent on Wednesday, marking the largest decline for the company in nine months. All while the iPad 2 sold out in stores and online across the U.S.. So why is Apple taking the hit? Read more »
The news that Steve Jobs is taking another leave from Apple to focus on his health is almost certain to rattle investors, and could put continued pressure on the stock as the markets try to figure out what Apple might be like without its charismatic leader. Read more »
Apple’s stock price reached a lofty milestone in pre-market trading early this morning, crossing the $300 mark for the first time in company history. It reached as high as $301.50, and remains above $300 after opening bell today. Analysts predict it will go higher still. Read more »
If you were waiting for Apple to finally update the MacBook Air before you bought a new notebook, you’re in luck. AppleInsider’s discovered that stock of the current versions of Apple’s ultra-portable is depleted, a good sign that something new is on the way. Read more »
In case you needed a reminder that Apple isn’t the scrappy little tech company that could anymore, yesterday its stock climbed to $292.76 on the Nasdaq, leading to a total market value of $267.5 billion, which made it the second-highest listed company behind Exxon Mobil. Read more »
Yahoo just sent us a gloating press release letting us know that its Olympics web site has been getting more traffic than either NBCOlympics.com or ESPN.com. The site saw 9.3 million unique visitors from February 8-14, according to comScore numbers quoted by Yahoo. NBC’s Olympics site […] Read more »
Emerging technologies are not for investors with faint hearts. Bulls with great expectations for innovations that can transform markets are often socked with unpleasant reality checks, while bears can be caught off guard when they start to make money. As A123Systems has shown since its IPO […] Read more »
Every year, dazzled by Google’s massive presence on the web, someone offers a wildly bullish prediction for its stock in the coming year. To which I say: We’ll see. So rather than another set of stock predictions, here’s a to-do list for Google in 2010. Read more »
Investors should be seriously looking at putting more money into Apple stock, says one industry analyst. Robert Cihra of Caris & Company is predicting that Mac market share will grow by 26 percent in 2010, compared to only a 16 percent expansion in the general computing […] Read more »
Take the Matrix-popularized concept of being able to view a subject encircled in cameras from 360 degrees worth of angles. Now put just one camera in the middle of the scene, with 11 lenses facing in all directions, and shoot those 360 degrees of viewing angles, […] Read more »
At first glance, it looks like eBay and Amazon are swapping fortunes. eBay’s stock rose 11 percent the day after it posted second-quarter earnings this week, while Amazon’s stock dropped 8 percent in the wake of its own report. Amazon reported better numbers — its revenue […] Read more »
As Germany’s Solarstravaganza kicks off in Munich on Wednesday, we’re reminded of the role the country’s government has played this decade in nurturing the solar industry this far. Few companies understand that role better than First Solar, which receives about 62 percent of its revenue from […] Read more »
If you read this blog, and if you work primarily online, then chances are you’ve used your fair share of web applications. My own legion of web apps cycle in and out of active use depending on my mood, what type of project I’m working on, […] Read more »
In November 2004, eBay’s stock was trading near an all-time high at $56 a share, having risen sixfold in a little less than four years. This month, shares were trading below $10. eBay needs a fix, but there aren’t a lot of easy options before it. Read more »
