April 28, 2016

And just like that the “no brainer” party’s over. Remember when in January 2014 Carl Icahn laid out his extensive thesis on why being long AAPL is the best investment out there?  Or when a little over a year later, hoping for even more stock buybacks (even as he was decrying short term activism) he […]

  If yesterday it was doom and gloom for tech stocks, then today it’s Facebook’s turn for soom upside down frown turning boom. Moments ago the social network reported another round of blowout results, as follows: FACEBOOK 1Q REV. $5.38B, EST. $5.27B FACEBOOK 1Q ADJ. EPS 77C, EST. 63C FACEBOOK 1Q DAUS 1.09B, EST. 1.06B […]