Trader pleads guilty to sparking stock market ‘Flash Crash’

If you were trading on an American stock market on May 6th, 2010, you probably had a minor heart attack: the "Flash Crash" that day sent the Dow Jones Industrial Average down 1,000 points (600 in the first 5 minutes) and recovered virtually all its v...

Twitter submits plans for IPO: 140 characters of going public

Twitter submits plans for IPO 140 characters of going public

Honestly, it shouldn't come as any shock: the microblogging service that made it perfectly acceptable to deliver huge, huge news in 140 characters or less has just done precisely that. Twitter has announced that it has "confidentially submitted an S-1 to the SEC for a planned IPO," but details beyond that are being kept under wraps. What's it mean? Those with equity in the company are about to become mind-numbingly rich; Wall Street is about to lose its gourd about getting in early; and end-users like yourself should start worrying about ads, ads everywhere.

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Source: Twitter

Fidelity Market Monitor app brings stock alerts, news and fanciful financials to Google Glass

Fidelity Market Monitor app brings stock alerts, news and fanciful financials to Google Glass

You know, it makes sense: an app for the one percent, tailor-made for a $1,500 headset. Fidelity's Market Monitor app for Google Glass might just be the most impressive program to debut for the device, particularly considering the class of individual who would take advantage. In the trading world, missing an alert or notification by even three seconds could be the difference between million and millions, with this app enabling Fidelity customers to request real-time stock quotes and receive alerts dealing with companies in their portfolio. In a concept video describing what's possible (embedded just after the break), we even see a wearer snap a photo of a Google logo, and the app translates the photo into a stock quote for GOOG.

We're guessing that it's only a matter of time before every other financial institution follows suit, which will likely lead to each and every CNBC anchor wearing a set whilst on air. Also, we're hearing from a "reliable source" that both Michael Douglas and Shia LaBeouf will be joined by Arnold Schwarzenegger in Wall Street: Glass on Glass on Glass.

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Source: Fidelity Labs (1), (2)

Tesla to join the Nasdaq 100 as Oracle departs for the NYSE

As of Monday, July 15th, Tesla Motors will be included in the Nasdaq 100, a list of the largest non-financial stocks on Nasdaq's index. A spot in that elite group opened up when Oracle announced that it would be moving to the New York Stock Exchange, making it inelegible for inclusion on Nasdaq. The news seemed to please shareholders, and at the time of this writing, Tesla's stock had surged ahead nearly 2 percent. The company's entry into the Nasdaq 100 is a sure sign that its forward trajectory is nigh unstoppable -- at least for now. With an overall stock gain of nearly 260 percent in 2013, Tesla Motors just keeps on truckin'.

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Via: The Wall Street Journal, Autoblog

Source: Tesla Motors