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Apple Throws a Wrench Into Nasdaq’s Gearbox
February 26th, 2015
Shares of tech company slump, helping to end a 10-day winning streak for the index The Nasdaq Composite Index’s longest winning streak in more than five years ended with a whimper at the hands of a surprising culprit: a pullback in ...
Five Reasons Bitcoin Revolution is Over
February 23rd, 2015
2015 will be the year Bitcoin “dies.” The bubble is over and the cryptocurrency, while revolutionary, has serious issues which will prevent it from ever becoming widely accepted. Andre Alessandro — The five problems listed here are both structural and external ...
Nasdaq nears all-time highs as exuberance yields to reason
February 20th, 2015
As the technology-heavy Nasdaq Composite Index closes in on the all-time high it reached in March 2000, investors are facing a market that barely resembles the go-go era of 15 years ago. Valuations, as measured by what investors are willing to ...
Twitter earnings beat expectations as revenue grows
February 6th, 2015
Twitter reported a net loss of $125m (£82m) in the fourth-quarter, beating analyst expectations. It also said revenue grew faster than expected, increasing by 95% to $479m during the October to December period. Total monthly active users were 288 ...
Markets mixed after Fed statement
January 29th, 2015
US stocks fell sharply on Wednesday after Federal Reserve reiterated its plans to hike interest rates sometime in 2015. The Federal Reserve boosted its assessment of US economy as it described the expansion as “solid”, an improvement over the ...
Without US support, multinational tax crackdowns will fail
January 29th, 2015
It’s no secret that companies including Apple, Google, Amazon, Uber, Airbnb and Ikea seem to pay less than their fair share of tax in Australia. Despite booking huge revenues from sales to Australian customers they are able to reduce ...
Microsoft sales soar for all its non-Windows products
January 27th, 2015
Microsoft sales are growing for just about every product it makes … except for Windows. A couple years ago, that would have caused a panic — Windows has been Microsoft’s cash cow since 1985. In 2015, Microsoft (MSFT, Tech30) isn’t sweating it too ...
Asia shares inch ahead, euro steady as Fed meets
January 27th, 2015
Most Asian share markets firmed on Tuesday and the euro clung to rare gains, relieved that European equities had weathered Greece’s election outcome without too much disruption. The main European indices were expected to open higher, though foul weather ...
Revenge of Disaffected Europe Risks Crisis Sparked in Greece
January 22nd, 2015
They speak different languages, they come from different backgrounds, yet all have the same message of frustration that’s threatening to redraw the European political map over the next year. Starting with elections this Sunday in Greece and heading west ...
‘Big data’ will be key to accountancy success, says KPMG
January 8th, 2015
KPMG has revealed that future threats from companies like Google were a key reason for its £40m investment into accounting services for small and start-up businesses. When asked about its reasons for creating the cloud-based service, Iain Moffatt, Head ...
