Wall Street Week Ahead: Apple, Facebook take the spotlight

NEW YORK (Reuters) – The trend of better-than-expected earnings will be put to the test in the coming week when investors hope Apple can exceed already high expectations for the tech giant and Facebook reports its first quarterly earnings. Apple accounts for a significant propor
Read More

Wall Street rebounds, but investors dump Facebook

NEW YORK (Reuters) – Stocks rose more than 1 percent on Monday, with the S&P 500 snapping a six-day losing streak in a rebound from equities’ biggest weekly drop in almost six months, but Facebook slumped in its second session after a disappointing debut. Tech shares
Read More

Historic Facebook debut falls flat

SAN FRANCISCO (Reuters) – The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company’s sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close. Face
Read More