Days after Facebook’s stock suffered the largest drop in Wall Street history, a shareholder sued the company, accusing the social media network of making misleading statements about its user numbers and operations. The plaintiff, James Kacouris, filed the lawsuit Friday seeking class-action status and to recover damages. Kacouris alleged that Facebook and its chief executive, Mark Zuckerberg, violated federal securities […]
Investors focusing too much attention on large technology stocks like Apple, Google, and Microsoft have perhaps missed a tiny technology company ready to explode on the upside, Universal Display, as Qualcomm’s stock did back in the 1990s and the early 2000s. Universal Display is up 582% over the last five years. And that may be […]
HIGHLIGHTS Apple posted an earnings of $45.41 billion for the second quarter Apple also said it hit a milestone of 1.2 billion iPhones sold The upcoming iPhone 8 is all set to launch later this year Apple announced in its quarterly earnings report Tuesday that it’s in good shape as it heads into the fall, when […]