Microsoft’s stock (MSFT) shot up early this morning as it drastically outperformed earnings estimates in the 3rd quarter. This is largely due to the continued success of XBox 360 and Microsoft Office and despite the overall failure of Windows Vista.
Many investors will see the surprising strength of MSFT in the Q3 combined with the inevitable success of Windows 7 (based on great critical reception so far) as reason enough to jump on for the ride.
kaChing, an investing website started under the name FSX in 2008, has automated the process of imitating successful investors (something Warren Buffett calls “riding coattails”). Simply select the portfolio of one of kaChing’s certified… Read more
With Asian central banks buying up the US dollar in an attempt to arrest its slide, the greenback situation is starting to look sketchier than ever. If you are sitting on a dollar-based savings account, or your portfolio isn’t hedged against… Read more
Kohlberg Kravis Roberts & Co. (KKR), registered yesterday to take discount retailer Dollar General Corp. to Wall Street. The company plans to sell up to $750 million in stock through an initial public offering. If they get close to that… Read more
The Bank for International Settlements (BIS), a 55-member organization of central banks, announced today that “financial products should be treated like medicines,” according to Reuters. More: The BIS was alarmed by how a collapse in the… Read more
Amherst Holdings, a small Austin-based brokerage house, executed a CDS trade that ended up losing big banks, including JP Morgan Chase and Bank of America, tens of millions of dollars. Now, the big banks are trying to cry foul. The Wall Street… Read more
A little over a decade ago, investing meant calling your broker on the telephone and ordering a trade. Online investing changed all that. Now, all you have to do is place an order, click a button, and wait for it to be executed. Low commissions,… Read more
The plummeting number on my retirement account statements is a monthly reminder of a back burner dream of mine: real estate investment. This economy seems the perfect time to pick up a few good deals at a fantastic rate. But when is the right… Read more
Recently a friend posed this question: If the market hadn’t gone sour, would Bernard Madoff ever have gotten caught? I wonder. Instead of investing his client’s money, Madoff put it in his bank account. He said he knew the day of reckoning… Read more
Online tools and investment software enable investors to track their investments’ potential, ideas, and records in more detail. They are most useful for intermediate to advanced investors. In this article, we’ll differentiate between online… Read more
2008 was Berkshire Hathaway’s worst year ever, according to its annual letter to shareholders. Has the Buff lost his touch? Probably not–Berkshire Hathaway was just doing what it always does, but in a horrible economy. The Wall Street Journal… Read more
The New York Times reports on Wikinvest, a wiki designed to give individuals trading advice it hopes will eventually be on par with professionally-trained humans: Following the model of Wikipedia, the online encyclopedia that anyone can… Read more
Interested in gold, but not in storing it yourself? How about investing in treasure hunters? The publicly-traded Odyssey Marine Exploration recently discovered the sunken warship HMS Victory at the bottom of the English Channel. CEO Gregg Stemm… Read more
Ford stock jumped to $7.50/share today, after the company posted a surprise profit.
Apple is killing it with its new iMac, Magic Mouse, and Mac mini.
GM will shut down Saturn as a result of the collapsed Penske deal.
Google has purchased reCAPTCHA, which could help its text scanning project.
The postal service is offering workers up to $15,000 to leave their jobs.
Looking for t-shirts for the summer? Search all the major t-shirt shops at Teenormous.
Add new tag advertising bailout berkshire hathaway bernard madoff bill gates bizarre jobs business cash for clunkers cash for clunkers bill crazy jobs Facebook freddie mac hyundai IRS kindle 2 Marketing microsoft mistakes women make mother's day ponzi scheme retail social media strange jobs swine flu Taxes twitter walmart weird jobs windows 7
Learn more about our advertising options
