Is Another Tech Bubble In The Offing?
What is up with Twitter IPO? We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale. — Twitter (@twitter) September 12, 2013 The company announced on Thursday — in a tweet, of course — that it had filed paperwork with […]
Earlier we mentioned that US futures were lower following an insane night in Japan. A quick heads up on that: things are at their lowest points of the morning. Even Nikkei futures have weakened since the actual Japanese close. Here’s S&P futures at their lows of the morning via FinViz. Today could be interesting. Because […]
Bond god Jeffrey Gundlach, who runs DoubleLine Capital, told TheStreet.com‘s Chris Ciaccia that he now owns Apple in his portfolio. Gundlach famously shorted Apple’s stock last year and called it going to $425 a share on CNBC when it was trading around the $560 level in November. From TheStreet: “We bought it at $405 […]
The week begins, and the Japanese market is on fire again. As the yen weakens (thanks to a continuation of the move last week, after the Bank of Japan eased policy) the Nikkei is spiking. Please follow Money Game on Twitter and Facebook. Join the conversation about this story » Check out the original source […]
Markets are very quiet this morning. US futures are essentially flat. Europe is not going anywhere either. Pretty much the only big mover was the same-old Japan, which gained another 2%, hitting a new 5-year high. As you can see on the Nikkei chart, stocks in Japan ended right at their highs of the session. […]