Category: Finance

It’s difficult to keep up with everything going on in the news today, but those of us in the technology space have been more than a little wary of U.S. Sen. Elizabeth Warren, D-Mass., and her plan to break up large tech companies and regulate tech mergers. While Warren may have the best intentions and believe that the likes of Amazon, Google and Facebook “squash small businesses,” her plan to keep tech giants from acquiring startups would, in my opinion, severely dampen innovation and seriously hurt the industry. My argument? Acquisitions require consent. Startups…

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Netflix and other technology stocks helped the Entrepreneur Index™ post a small gain of 0.22 percent today. The major stock indexes were also flat, with the S&P 500 and Nasdaq Composite indexes posting small gains while the Dow had a small loss. The four FAANG stocks that are part of the Entrepreneur Index™ were all up smartly on the day, with Netflix, up 4.81 percent, posting the biggest gain on the index. Investors appear to have gotten over the slightly cautious guidance the company issued for the second quarter in its earnings release last week. The…

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In the busiest week of this corporate earnings season, companies are delivering the results and pushing the stock market to record highs. Twitter led the parade. The social media leader handily beat analyst expectations and saw its shares jump 15.64 percent — by far the biggest gain on the Entrepreneur Index™ today. Stocks were strong across all sectors of the market, however. Tech, healthcare and REIT stocks helped the Entrepreneur Index™ post a 1.38 percent gain today and set a record high. The broader S&P 500 and Nasdaq Composite indexes were up 0.88…

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Great earnings pushed Facebook shares up nearly six percent while lousy earnings drove down Tesla’s stock more than four percent. With the reporting season now in the middle innings, it’s clear that the earnings recession feared by investors — when profits actually decline — will not come to pass this quarter. Profit growth has slowed significantly for companies across the economy but on average, it hasn’t gone negative. Facebook, as it did last quarter, blew away analyst estimates for earnings and revenues. Despite all the angst about user and regulator backlash over privacy…

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Ford Motor Co., the oldest U.S. automaker, surged today after beating expectations with first quarter earnings while Tesla, one of the youngest, continued to slide after reporting dismal results two days ago. Ford was up 10.74 percent, while Tesla fell 5.16 percent–the biggest gain and loss on the Entrepreneur Index™ today. The move in the two companies’ stock prices now makes Ford more valuable than Tesla for the first time since April 2017. The broader stock market was up today on the strength of the U.S. economy. Despite slower global economic growth and…

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