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Tesla is now the most valuable auto manufacturer in the US

April 4th, 2017

Following a strong few days of trading for Tesla’s stock, the electric auto manufacturer has shot into first place in the stock market’s ranking of car companies. Having beat out Ford yesterday, Tesla’s market cap surpassed General Motors today, making Tesla the most valuable car manufacturer in the US.

Apple's stock projected to reach $2,000 by the end of 2015

May 10th, 2012

Despite Apple’s recent slide in the market, one analyst believes the company’s consistent earnings will force the stock price up to $2,000 by the end of 2015. The claim comes from independent analyst Andy M. Zaky, whose estimates over the past four years have been considerably more accurate than the average Wall Street analyst, according …

Facebook's record-breaking IPO reportedly set for May 18th

May 2nd, 2012

Social networking giant Facebook is reportedly set to make its initial public offering on May 18th, a day later than earlier reports had claimed. Company co-founder and chief executive officer Mark Zuckerberg, chief operating officer Sheryl Sandberg and chief financial officer David Ebersman will take part in a roadshow beginning on Monday that will see the …

Shareholder sues Google to block planned stock split

May 1st, 2012

Google earlier this month reported its earnings for the first quarter of 2012, topping Wall Street’s estimates. The Internet giant also announced plans to create a new class of non-voting capital stock that would effectively create a 2-for-1 stock split. As a result, Google would be able to issue new shares of stock for acquisitions …

Following Apple dividend, Google shareholders seek the same

April 12th, 2012

A number of Google shareholders are asking for the Internet giant to follow in Apple’s footsteps and return part of its $44.6 billion in cash to investors, Bloomberg reported on Thursday. Google has more cash as a percentage of market value than five of its largest competitors, including Apple. The iPhone maker recently reinstated a …

Apple stock hits $600 ahead of new iPad launch

March 15th, 2012

Shares of Apple stock briefly jumped above $600 shortly before the market opened on Thursday as investors anticipate the launch of the new iPad. Apple’s iPad, which is already available from at least one retailer in Australia, launches in preliminary markets at 8:00 a.m. local time from Apple’s retail stores. The tablet features a new …

A single share of Apple stock now costs more than an iPad

February 13th, 2012

The “Apple is worth more than” meme has gotten plenty of play over the past year, but a new measure of Apple’s success emerged on Monday that is as simple as it is monumental: a single share of Apple stock now costs more than an iPad. As of the open of the market on Monday, Apple’s …