Tag Archives: Stock market

NASDAQ is Back at 2000 Dot-Com Bubble Level

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On Monday the NASDAQ closed above 5,000 points (Nasdaq Composite closed at 5,008.10). It has been almost to the day 15 years that the NASDAQ was over 5,000. Back then we have been at the end of the...

Samsung Electronics to buy back $2 billion in shares

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South Korea's Samsung Electronics Co Ltd had a major announcement to make after investors had been calling for higher returns to serve as the backdrop for the continuously declining profits. The...

Alibaba (BABA) IPO Shares Jump 36%

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Chinese Alibaba sold shares worth of about $22 billion today. The shares of the Alibaba IPO have been priced at $68, but shot up to $92.70 at the beginning of trading at the NYSEAlibaba is trading...

Alibaba BABA Shares Priced at $68

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Chinese Alibaba is going to sell shares worth of about $22 billion starting today. The shares of the Alibaba IPO have been priced at $68.Alibaba is set to start trading today under the symbol BABA on...

Alibaba (BABA) IPO is Tomorrow

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Chinese Alibaba is going to sell shares worth $22 billion starting tomorrow. The shares of the Alibaba iPO are supposed to be priced today after the market closes says a new Reuters report.Alibaba is...

Book Profits On IBM And Verizon, Buy This Toy Maker And Homebuilder On Weakness

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Disclosure: I have no positions in IBM, Verizon, Lennar or Mattel. The Dow Jones Industrial Average and Dow Transportation Average set all-time intraday highs last week on July 17 at 17,151.56 and 8,...