Stock Markets
Vanguard exceeds $4T in assets
Vanguard Group reached $4.048 trillion in assets at the end of last month. “It signifies how popular passive investing has become, that investors are increasingly more comfortable paying less for average benchmark performance instead of […]
Amazon reports sales banned by Iran sanctions
Amazon (NASDAQ:AMZN) may face penalties after disclosing that it may have violated American law by selling goods covered by U.S. sanctions. “We determined that, between January 2012 and December 2016, we processed and delivered orders […]
Snap founders reluctant to offer voting shares
According to a filing last week by Snap, the parent company of Snapchat, founders Evan Spiegel and Bobby Murphy pay their top executives well but also retain a tight grip on voting rights and therefore […]
Gold prices, bond yields may signal crash
As gold prices and bond yields continue to rise at the same time, a new report suggests trouble for equities. A study by Bank of America Merrill Lynch says conditions in the gold and bond […]
Apple Watch experienced its best quarter
Research firm Canalys said the Apple Watch (NASDAQ:AAPL) experienced its best quarter yet in the final three months of 2016, with 6M smartwatches shipped, bringing the annual total to an estimated 11.9M. This reflected year-on-year […]
Bitcoin Trading Shrivels Under Chinese Glare
Trading volumes at China’s three largest bitcoin exchanges have plummeted after the PBOC put the virtual currency market under sharper scrutiny in a move that coincided with efforts to stem capital outflows. China has been the […]
The Samsung Galaxy S8 will be unveiled in New York next month
The Galaxy S8 will be unveiled in New York next month, according to WSJ, and Samsung (OTC:SSNLF) is ready to display a whole host of new features. While the physical home button will be stripped […]
Rally continues after stocks set records
All three major stock indexes closed at record highs Thursday, and markets continued to climb in early trading today. At 10 a.m. Eastern, the Dow Jones industrial average was up 57 points, the Nasdaq composite […]