Money

Sep09, 2018

Phillip Frost Charged By SEC For Market Scheme

The Securities and Exchange Commission (SEC) charged Billionaire Phillip Frost with participating in a classic pump-and-dump scheme. The Miami resident and founder of the Phillip and Patricia Frost Museum of Science made his billions through his large pharmaceutical company OPKO…
Aug15, 2018

Bitcoin and Ethereum are both down significantly

What is the future for cryptocurrencies? At their highest points, Bitcoin and Ethereum were valued at $20,000 and $1,400, respectively. Since then, they have slid to $6,250 and $290, respectively. These 68 and 79 percent decreases have exemplified the rapid…
Aug03, 2018

Apple reaches $1 trillion

That’s a lot of zeroes On Thursday, Apple officially became the first American public company to reach $1 trillion in value. Their stock rose over $207 on the day, allowing the company to cross that milestone. Apple’s shares jumped on…
Aug03, 2018

MoviePass blames theaters for their fall

Roll credits The end may be near for MoviePass – parent company Helios and Matheson has seen its stock fall below 10 cents this week with no sign of recovery. Even after their one-to-250 stock split to try to revive…
Jul30, 2018

Sweethearts manufacturer will close

Not so sweet ending The parent company of the manufacturer that makes Necco and Sweethearts announced over the weekend that has closed abruptly. Round Hill Investments, the parent company, reported that it will sell its Necco brands to another manufacturer…
Jul26, 2018

Qualcomm will stop pursuing NXP

Qual-lateral damage Qualcomm announced in October 2016 that it would acquire NXP for $47 billion. However, the country still awaits China’s approval of the deal. Because of this, Qualcomm has decided to pull out of the acquisition. The tech firm…
Jul26, 2018

Facebook stock plummets

Facebook face-palm Before Facebook’s announcement late Wednesday, their stock was doing well. It rose just under one percent to give the company a new record high stock value of $216.30. But then, Facebook shocked investors, warning that sales will slow…
Jul20, 2018

Microsoft has first $100 billion year

Microsoft sales on Cloud Nine Microsoft announced Thursday that it raked in $110 billion in the 2018 fiscal year – the first time it’s eclipsed $100 billion in the history of the company. The milestone largely stems from the tech…
Jul18, 2018

Netflix stock drops after not meeting expectations

Netflix’s victories still fall short with investors Netflix gained over five million subscribers last quarter, but that was still not enough to appease investors, who estimated they would gain closer to six million. Even though Netflix continues to dominate the…
Page 1 of 3112345 » 102030...Last »