<![CDATA[Gizmodo: stocks]]> http://tags.gizmodo.com/assets/base/img/thumbs140x140/gizmodo.com.png <![CDATA[Gizmodo: stocks]]> http://gizmodo.com/tag/stocks http://gizmodo.com/tag/stocks <![CDATA[How the Apple Tablet Is Already Making People Rich]]> It's understandable that Apple stock is doing well—they've had a very, very good year. But after a huge rally this morning, their stock it at its highest price ever. See, yesterday, something magical happened.

A few minutes before the NYSE's 4:00 EST closing, at 8:18 PM GMT (3:18 EST), the Financial Times published a rumor: Apple will make a major product announcement on January 26th in San Francisco. That was it! But in the context of the increasingly frenzied rumors about an Apple tablet, this could only mean one thing to tech followers. And, apparently, to investors. I'll spare you the strained metaphysics of a full Santa/tablet analogy, but trust me, it's there, somewhere.

A small part (read: all) of me wants this whole thing to be a joke, and for Steve Jobs to take the stage in January to announce the long-awaited followup to the iPod Hi-Fi, and a new capacity option for the iPod Classic. There would be no bitterness. Just respect. [Reuters]

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<![CDATA[It's Not a Good Day to Be a GPS Manufacturer]]> Google's free GPS feature on Android 2.0 is great news! Unless you're the fine folks at Garmin and TomTom, in which case, oh shit. [Engadget]

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<![CDATA[CHART OF THE DAY: Google's Massive Cash Flow In Context II]]> Google turned in another solid quarter yesterday, with free cash flow coming in at $2.5 billion. Think about it: that's a $10 billion run rate for a company that didn't exist ten years ago.

How does that stack up to other companies? It's still not close to Microsoft, but it's pulling away from Time Warner. Here's an update from our April chart.

Note: We've used analyst estimates for Q3 for Microsoft and Time Warner.

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<![CDATA[Puma Index Application Strips Girls as Stocks Go Down]]> Your Apple stock has taken a dive because His Steveness got a cold? Is Motorola's crashing once again? Fret not, because the Puma Index iPhone application is here to cheer you up, with plenty of naughty bits. For free.

The economic crisis never was so nice and hard at the same time. [iTunes Store]

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<![CDATA[SEC All Up in Apple's Business for Possible Illegal Insider Stock Trading]]> The SEC is all up in Apple's business again, this time over suspicions that some illegal trading may have gone down using insider information in regards to threee "three particular Apple-related developments." HuffPo's Dan Dorfman points at someone getting an "illegal lead" on iPod sales, true knowledge of Steve Jobs' health, and when Apple was gonna release info about those two things. Hmm. [HuffPo]

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<![CDATA[Even More Head-Scratching Apple Analysis From CNBC]]> Additional Apple-related shenanigans from CNBC as they report on Apple stock "tanking" in January following Steve Jobs' poor health:

Apple's stock had tanked in January, falling as low as $78.20, when Jobs said he had a hormone imbalance and the company announced that its founder would be taking a six-month medical leave. It has since made a choppy comeback as concerns about his health persist.

Thing is, as John Gruber accurately notes with a simple Google Finance chart, that isn't entirely true.

To say this kind of odd Apple reporting from CNBC is "something new" would also be, of course, not entirely true. [CNBC via Daring Fireball via BBG]

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<![CDATA[Circuit City, Bleeding to Death, Receives Takedown Warning from NYSE]]> Even more bad news for the beleaguered Circuit City: in addition to having Sony stop their shipments to the store, they've now been informed that because their stock price has averaged below $1 for the past 30 days on the NYSE, the stock is in danger of being delisted from the exchange. In a few days, their ticker symbol (CC) will be marked with the dreaded ".bc" indicator on the end, which means they're not meeting NYSE standards. The company has ten business days to come up with a plan to raise their average stock price above $1 within the next six months or they could be delisted for good. Watch for CC's proposal to officially move Black Friday to...next Friday. [CNN via CrunchGear]

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<![CDATA[Gphone Hype Drives Google Stock to Over $700, Makes It Fifth Most Valuable Company in US]]> Whatever Google might announce in two weeks, they're certainly reaping the benefits already: Hype over their mobile plans has shoved their stock price to over $700 a share, an eightfold increase since its IPO three years ago. The $20 its stock has shot up in the last couple of days has pushed its market value to $217 billion, according to Henry Blodget of Slate and Silicon Valley Insider, making it the fifth most valuable company in the country. That means it trails only Exxon Mobil, GE, Microsoft and AT&T, stomping out Proctor & Gamble, Bank of American and Citigroup. Bits nicely packages what's so compelling about the whole thing:

What has been amazing to watch is that investors keep bidding up the share price and the company responds by earning so much money as to bring each new dream back into the not-preposterous range.
[Yahoo!/Infoworld, Bits, Flickr]]]>
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<![CDATA[Ambient Devices Market Maven Stock Checking Clock]]> The Ambient Devices Market Maven can pull DJIA, NASDAQ and S&P 500 data every 15 minutes, over FM sub bands, without service charges. Cool, if you're not obsessively needing stock updates every minute. But then again, if you're not, its kind of hard to justify the $125.

ambient-devices-market-maven-2.jpg[Engadget]

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<![CDATA[Apple WWDC Keynote: Fewer Booms Mean Lower Stock Price]]>
You all know Steve's favorite phrase other than "one more thing" is BOOM! Well there were definitely less booms at this this keynote than at Macworld '07. In fact, by our count, there were only eight. That's seven fewer than Macworld's 15. Of course the question that all of our financially minded readers are asking right now is, how did this correlate with Apple's stock price?

Well, pretty much just as you would expect. Less booms were a result of less jaw- dropping announcements. And less announcements means stock price no-go-up'y. In fact at end-of-day their closing price was down $4.45 from their daily high of $126.15.

Steve, I guess that means either you have got to pump up the boom-count or make sure that on keynotes like today each boom really counts.

Complete Transcript of Steve Jobs, Macworld Conference and Expo, January 9, 2007 [MYiTablet]

Editor's note: There were technically nine booms today by my count, with the last boom uttered by iPhone Software VP Scott Forstall. Too bad only Jobs booms count. Also, I think Steve was toying with us in the middle there when he went boom...boom boom boom boom five times in a row.

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<![CDATA[Stock-Predicting Robot to Make More Money Than You]]> If you think you suck at playing the stock market now, wait until you have to compete with an army of stock-predicting robots.

Lehman Brothers is working on a "secret" AI system that they hope will be able to foresee the future of the markets, making the very rich even richer. We aren't just talking about mergers and acquisitions, either; this bot would take into account the emotions of the traders. You know, emotions like greed and vindictiveness. They're hoping it will make trading easier and make the market more stable, but who knows if it'll actually work. But hey, here's hoping it does, as if there's anyone who deserves to catch a break it's the folks on Wall Street. You're the heroes, guys! Don't let anyone tell you otherwise!

International Herald Tribune [The Raw Feed]

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