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Symantec Shares Plummet After Internal Investigation

Symantec Shares Plummet After Internal Investigation

Symantec Corporation (NASDAQ: SYMC) shares plummeted by 34 percent or $6 billion in market capital on Friday after it went under investigation on allegations that the company may have issued misleading business information.The company did not provid..

Elon Musk Defends Unusual Conference Call

Elon Musk Defends Unusual Conference Call

After a strange and unusual conference call on Wednesday, Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk went to Twitter early Friday morning to defend his responses to analysts.Musk said that the questions asked by analysts represented short sellers and no..

Stock Markets Opened Lower

Stock Markets Opened Lower

Stocks in the United States ended south on Thursday April 19th, and opened lower Friday. The losses were led by technology, consumer staples, and real estate shares. Disappointments have bugged investors, with the corporate earnings results best cal..

Stocks Take Wild Swings

Stocks Take Wild Swings

The stock market nowadays is like a wild thriller movie. Markets are now so much volatile that it is hard to predict what will happen in the next hour. The swings occur as investors grapple with an uncomfortable blend of hard news, speculation, and ..

Ex-Uber CEO Launching Real Estate Startup

Ex-Uber CEO Launching Real Estate Startup

Former Uber Technologies Inc. Chief Executive Officer and Founder, Travis Kalanick announced via Twitter Inc. (NYSE: TWTR) that he will investing $150 million to take a stake in City Storage Systems. Once the transaction closes, Kalanick will become..

Financial Advisers Warn Investors Against Investing in Speculative Assets

Financial Advisers Warn Investors Against Investing in Speculative Assets

SuperInvestor Seth Klarman once said that investments are assets that buy goods and services. In other words, they produce cash flow. This undercuts several commodities that consumers usually consider as investments. This includes gold and handbags...

Stock Market Shows Highly Disruptive Market Moves That Warrant an Investigation by the SEC

Stock Market Shows Highly Disruptive Market Moves That Warrant an Investigation by the SEC

The market reached an all-time high recently in February. In just a few days, the volatility index or the VIX reached 50 from 17. The S&P 500 bottomed out on February 9, dropping nearly 10% from its all-time high on January 26. The most notable ..