Whether you do or don’t like Facebook, you may already own a piece of the social media site: over the past year, nearly 70 mutual funds have snapped up pre-IPO shares on private markets.
Whether you do or don’t like Facebook, you may already own a piece of the social media site: over the past year, nearly 70 mutual funds have snapped up pre-IPO shares on private markets.
Social media stocks just aren’t feeling the love, despite Facebook’s highly-anticipated stock market debut.
Facebook’s stock market debut is finally here — but for all the breathless hype, shares stayed fairly stable, trading right around their IPO price for most of Friday.
You managed to glide through your twenties and thirties without any major health issues. Yet, as the calendar pages turn, you’re finding that a host of minor — and perhaps a few major — medical problems keep cropping up. The doctor shakes her head wh…
The collapse of efforts to form a Greek government this week has reinforced, for many, the bullish outlook for the big dollar. The run-up to Greek parliamentary elections on June 17 will be marked by continued concerns about a disorderly exit from monetary union. The market currently sees contagion fears making inroads with other periphery economies. Moody’s downgraded sixteen Spanish banks by one to three notches and they still have another eleven EU members to vet by next month. The [...]
Canada looks like a safe bet to be the first amongst the G8 members to hike rates. Last month’s inflation figures were a tad stronger than expected, topping Governor Carney’s +2% inflation target. Despite the small breach, no CBank in this stuttering economic environment would be rushing to raise rates. Canada’s outperforming metrics, employment, housing and manufacturing data still have to combat specific external headwinds that scream for extending domestic accommodative policies. The BoC has been very vocal about being [...]
Asian bourses have ended trading, hitting four-month lows as weaker US data added to rising worries over Europe. Commodities and their currency sensitive pairings are not immune to the surround sound of contagion fears. Gold has been able to dig itself out of Monday’s bear market trap, ending on a high, and in the black. The same cannot be said for the Aussie, usually a strong yellow metal supporter, which is seen as higher risk because of the country’s commodity [...]
My first ride in Google’s self-driving car was, all at the same time, thrilling, fascinating and a little disappointing.
My first ride in Google’s self-driving car was, all at the same time, thrilling, fascinating and a little disappointing.
Six years ago, the Facebook founder was a 22-year-old Harvard dropout and virgin CEO. Patricia Sellers was reporting a cover story about MySpace, then the hottest social-networking site on the planet.
“Originally, we were not planning on expanding or anything.” – Mark Zuckerberg, August 2006
As Facebook (FB) launched its IPO this morning, I plowed into my archives and found notes from Mark Zuckerberg’s visit to Fortune six years ago. The Facebook founder was a 22-year-old Harvard dropout and virgin CEO. I was reporting a cover story about MySpace, then the hottest social-networking site on the planet.
Zuck had a plan to change MORE
There are plenty of reasons to “like” Facebook, but Internet IPOs are better known for their epic flops than wild successes.
There are plenty of reasons to “like” Facebook, but Internet IPOs are better known for their epic flops than wild successes.
European markets were mixed Friday as investors remained anxious about Spanish and Greek banks, while Asian stocks sold off sharply amid worries of a further slowdown in China.
European and Asian markets closed lower on Friday amid anxiety about Spanish and Greek banks and worries of a further slowdown in China.
Facebook is now public. How did the private traders do?
Whether you do or don’t like Facebook, you may already own a piece of the social media site: over the past year, nearly 70 mutual funds have snapped up pre-IPO shares on private markets.
Zipcar CEO Scott Griffith offers a couple of words of advice amid today’s Facebook IPO fanfare.
Zipcar CEO Scott Griffith offers a couple of words of advice amid today’s Facebook IPO fanfare.
