Category: Markets

Why Wall Street Hedge Funds are Trying To Force Treasury to Hand Over Fannie Mae and Freddie Mac

Why Wall Street Hedge Funds are Trying To Force Treasury to Hand Over Fannie Mae and Freddie Mac

When mortgage giants Fannie Mae and Freddie Mac were taken over by the Bush Administration in 2008, the nearly $200 billion bailout was the largest in history. Since that time however, and aided by...

Stocks Dip Tuesday Following Record Highs

Stocks Dip Tuesday Following Record Highs

The Dow Jones Industrial Average closed slightly down Tuesday following weeks of gains culminating in Monday’s record high. The index closed at 15,750.67, down .21% from a day earlier. The S&P 500, which has...

How to Buy One Share of Twitter

How to Buy One Share of Twitter

So you want to own a little piece of the social networking giant known as Twitter? Here’s a quick guide—and a few words of caution. First off, let’s preface this how-to with an important...

Twitter IPO Leads to Sky-High $24 Billion Valuation

Twitter IPO Leads to Sky-High $24 Billion Valuation

In its first day as a publicly traded company, Twitter blew past everyone’s expectations — including its own. The seven-year-old social network saw its stock price soar from an initial public offering price of...

Dow Jones Hits New Record High

Dow Jones Hits New Record High

The Dow Jones industrial average rose 128 points to close at 15,746 Wednesday, a record high. The new record high beats the record the Dow set Tuesday, November 1, by 66 points. Standard &...

How Twitter Slayed the Fail Whale

How Twitter Slayed the Fail Whale

On Friday, August 2, two very surprising things happened on Twitter. At 7:21 PM Pacific Time, users sent 143,199 tweets in a single second, a new record for Twitter activity. Most of the posts...

Incoming NYSE Owner: Exchanges Aren’t Fair to Investors

Incoming NYSE Owner: Exchanges Aren’t Fair to Investors

The man on the verge of taking over the New York Stock Exchange isn’t happy with the way its running. The Wall Street Journal reports that Jeffrey Sprecher, chief executive of IntercontinentalExchange (ICE), said...

Google Is Back in Wall Street’s Good Graces as Stock Hits New Record

Google Is Back in Wall Street’s Good Graces as Stock Hits New Record

The Big G is back. Technology juggernaut Google delivered stronger-than-expected earnings results on Thursday, reversing a trend of several lackluster quarters and sending the company’s stock soaring 8% in after-hours trading. Google’s revenue growth...

S&P 500 Hits Record High After Debt Ceiling Deal

S&P 500 Hits Record High After Debt Ceiling Deal

The S&P 500 hit a new intra-day high Thursday, a day after Congress voted to reopen the government and avert a default by raising the debt ceiling. The index was trading at $1,733 shortly...

Stocks Surge On Debt Ceiling Hopes

Stocks Surge On Debt Ceiling Hopes

Stocks jumped Wednesday amid indications that lawmakers in Washington were finally nearing a resolution to the ongoing government shutdown and the looming need for a debt-ceiling increase. Markets opened strong and climbed higher when...