Google stock (Nasdaq: GOOG, GOOGL) will benefit from a $300 million deal announced on Tuesday. The innovative tech company said it will work with five Asian telecom companies to develop and implement a trans-Pacific cable that will connect Japan and the United States undersea.
"If I were a traditional telecom operator I would be terrified," Money Morning Chief Investment Strategist Keith Fitz-Gerald said of the news. "This highlights how much is at stake and will give Google a significant leg up on the 'Internet of Everything.'"
Here are all the details on the fastest-ever submarine cable to connect the two countries, and what this means for Google stock…
GOOGL, FOXA, PCLN, and CTRP Headline Stock Market News Today
Stock market news today, August 7, 2014: The U.S. stock market was sluggish yesterday (Wednesday), with benchmarks eking out modest gains.
Concerns about geopolitical pressures in Ukraine temporarily abated, but investors are taking notice of brewing economic problems in Europe. A slew of bad data suggests a choppy road ahead for the European Union, which has a combined GDP that is roughly $600 billion larger than the U.S. economy.Here are the top stories in stock market news today (Thursday)…
Stocks to Watch Today: GE, GOOG, MSFT, and More
After the markets got slammed yesterday (Thursday), falling 161 points on a number of fear-triggering global economic events, there are a handful of stocks to watch today in what could be another volatile performance.
While summertime Fridays are typically quiet for equities, today's schedule of market moving events is jam-packed. It's also coming off a day that included a plane crash, the announcement of ground military offensive from Israel, and a 40% move in the Volatility Index (VIX).With earnings in focus, here are seven stocks to watch today, including GE, GOOG, MSFT, and more...
Why Google Stock Gained 2.3% After Today's Earnings
Google Inc. (Nasdaq: GOOG, GOOGL) reported second quarter 2014 earnings after the bell on Thursday.Here are the results, what our expert keyed into, and what he thinks is in store for Google stock in coming months…
Seven Reasons to Buy Wearable Technology Stocks Now
One of the hottest trends for investors in 2014 has been investing in wearable technology stocks, as new products hit the market seemingly every week.
The wearable tech industry is growing at an incredible rate, and has been described as a "key consumer technology." The research shows that the industry is set to explode. In fact, it's already experiencing incredible growth.As the market develops, there will be numerous investment opportunities, and these are the seven biggest reasons we’ll be investing in wearable tech…
Google Stock Stakes Its Future on "Android Everywhere"
Yesterday Google Inc. (Nasdaq: GOOG, GOOGL) said it was expanding Android to run not just on tablets and smartphones, but also on wearable tech like smartwatches, in-car entertainment systems, and its own Android TV. The software on Google's Chromebook laptops will also be better integrated with Android.
While it might strange for a product that's given away for free, Google's grand plans for Android will determine the fate of Google stock over the next several years.Here's why.
Alibaba Stock to Trade on NYSE
It was announced today that Alibaba stock will trade on the New York Stock Exchange, according to a report today (Thursday) from Bloomberg.
The report indicates that the Chinese e-commerce giant could announce the decision in a revised IPO prospectus as early as this afternoon.For the NYSE, landing the Alibaba IPO is a major success - because the size, scope and potential for Alibaba are enormous...
Get Ready to Profit from Microsoft (Nasdaq: MSFT) Stock's Encore
With its Windows operating system installed on virtually all of the world's PCs, Microsoft Corp. (Nasdaq: MSFT) was the personal computer revolution in the 1990s. And MSFT stock went on a 9,000% ride.
But now, with its growth phase over, mainstream investors have forgotten all about this once-mighty tech giant.Here's why they're making a big mistake - and why MSFT is one of the best stocks to buy now...
Boost from iPhone 6 Will Push Apple Stock to Record High
The iPhone 6, the next major upgrade to Apple's flagship product, isn't due out until September. But we've gleaned enough leaked information to project that it will bring in enough revenue and profit to get Apple stock back to its all-time high - $100.72 - and beyond.
Two larger screen sizes and a full slate of new features will have customers lining up for the iPhone 6 from New York to Beijing.The only question is how high AAPL stock will ultimately go...
Dow Jones Today: GOOG and FB News Moving Markets
Dow Jones today, June 25, 2014: The U.S. stock market dipped on Tuesday despite continued positive economic data in consumer confidence and domestic housing markets. Consumer confidence struck its highest monthly level since January 2008. Meanwhile, the Commerce Department reported that new home sales increased 18.6%, reaching a seasonally adjusted rate of 504,000 units for the year. This is the highest level since May 2008.Here are the top stories moving the Dow Jones today…
Dow Jones Today Drops 119 Points on These Top Stories
Dow Jones Today, June 24, 2014: The U.S. stock market dipped on Tuesday despite continued positive economic data in consumer confidence and domestic housing markets. Consumer confidence struck its highest monthly level since January 2008. Meanwhile, the Commerce Department reported that new home sales increased 18.6%, reaching a seasonally adjusted rate of 504,000 units for the year. This is the highest level since May 2008.And here are the top stories from the stock market today:
Stock Market Today: Merger News and Home Sales Moving Markets
Stock market today, June 23, 2014: U.S. stock markets dipped on Monday as corporate mergers continued to make headlines and the United States saw home sales rise for a second consecutive month. Last month, sales of previously owned homes increased by 4.9%, the fastest one-month gain since August 2011.
The price of West Texas Intermediate crude oil was up 0.83% to $107.26 a barrel. The yield on the 10-year Treasury note remained in Friday's range of 2.61%.And here are the top stories from the stock market today:
These Bitcoin Stock Winners Will Ride the Digital Currency to Profits
Just because Bitcoin is a disruptive technology doesn't mean we won't see some Bitcoin stock winners - companies that will exploit the digital currency for the benefit of their own businesses.
We can find Bitcoin stock winners in several industries. Some are reaping a benefit now, while others will need to wait a few years until Bitcoin "goes mainstream," and average people start using it.Here are the stocks that investors need to watch…
Stocks to Buy: It's Time to Cash In on Software
Update on tech stocks to buy: With the long-term decline in PC sales, many investors and the big-money guys on Wall Street are writing off software, too.
But increased sales of commercial software more than make up for the decline in PC-related software.
Today, I'm going to tell you about one of the single best software investments you can make to benefit from the profits of the entire software industry.Here's how you get there...
Alibaba's Roadshow Tops Stock Market News Today
Stock market news today, June 11, 2014: The Dow Jones Industrial Average today looks to continue its momentum, after it closed at another record high - its 10th of the year - on Tuesday. The Dow was down most of the day, but rallied in the last hour. U.S. crude oil futures flirted with $105 per barrel.Here’s what you should know to make your Wednesday profitable:
21 of the Best Stocks to Buy Now to Play Today's Market Moves
Each week our Money Morning experts dish out the latest profit plays – and asset-protection moves – for our Money Morning Members – all for free.
Last week, Money Morning’s best stocks to buy included a George Soros-inspired play that’s already doubled once. We also covered three tech investing strategies that promise tremendous upside and a new ETF that could be the perfect fit for a goldbug’s portfolio.
We scoured penny stocks for some of the most promising investments they have to offer, and came up with 6 penny stocks in two top sectors – healthcare and energy. We highlighted a dozen stocks on the elite “Dividend Aristocrats” list, and even weighed in on a Bitcoin retirement play.Get these plus more of our latest, best stocks to buy.