Quick news – August 31 2010

Nate By: IS
Date posted: 08.31.2010 (2:55 pm) | Write a Comment  (2 Comments)

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Tech news: (concern the stocks we follow)

Apple (AAPL) is said to be about to announce that it will include a Netflix (NFLX) service in its next tv box
AOL (AOL) just acquired mobile firm  “Rally up”
Rackspace (RAX) was cut to “hold” by Benchmark
Staples announced it would soon be selling the Amazon (AMZN) Kindle in its stores
Google (GOOG) released a “smart sorter” in its Gmail section that performs “smart” email sorting
Google (GOOG) & AP reached a distribution deal

Best return:    Quinstreet (QNST) +2,19%

Worst return:    Research in Motion (RIMM) -6,02%


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2 Comments »

  1. Comment by Jay — April 18, 2011 @ 7:57 am
    Jay

    News isn’t the primary driver to stock performance. The market determines the overall stock cycles. News is only a short term driver. Understand the stock market before you try to trade stocks.

  2. Comment by IS — April 19, 2011 @ 4:23 am
    Pierre Cantin

    @Jay – Not sure what you mean, wouldn’t that imply that all stocks moved together if news about each stock did not matter?

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