Tag: STOCK

It's hard to say if this rumor is true, but it's not behavior that Best Buy has avoided in the past. In fact, we vividly remember this exact same scenario happening in late 2006 -- the difference? That was the Wii's launch year. This is two years later. Two. Years. Later. Oh, and it's totally a futile effort, considering that Wally World sold through "tens of thousands" in about four ...

Yes, that's right. We have yet another scam to warn you about. This time, hackers are using online stock brokerages to make themselves rich in a fairly simple swindle. Just like the pump and dump investment email scam we showed you, hackers are falsely inflating stock prices by illegally accessing multiple trading accounts, buying hundreds of thousands of shares of a stock they already ...

We recently reported on a text message hoax in Indonesia that warned of a tsunami and that was taken so seriously by people, they fled their homes en masse for higher ground. Now, India has been the victim of a text gag, with this one aimed at the country's financial market. Yesterday at exactly 12:45 PM local time in Mumbai, thousands of traders were hit with a text message that claimed the ...

After dipping two days ago as result of confusing, misinformed headlines concerning poor iPhone sales, Apple shares regained losses and surged 9 percent yesterday during after hours trading. The boost came after the Cupertino, California gadgeteer announced earnings growth of 73 percent during the last fiscal quarter. And, believe it or not, the iPhone was a non-factor. Apple sold a record 1.76 ...

Who knew Harry Potter could exert control over the stock market? Amazon posted an increase in revenue of 35 percent this quarter, based heavily on traffic driven to the site by the impending release of 'Harry Potter and the Deathly Hallows.' Visitors who pre-ordered the book also purchased other products, helping to increase the online retailer's net income. What's more, the 2.2 million copies ...

The quarterly number of Netflix subscribers has gone down for the first time since the online DVD rental company's inception. Though the 6.8 to 6.74 million drop was small, it was enough to push the stock price down 16 percent yesterday from 6.8 to 6.74 million -- egged on, no doubt, by the recent $1 price drop in Netflix's most expensive plans. Netflix, which pioneered the online DVD rental ...