Quick news – August 31 2010 « Intelligent Speculator

Quick news – August 31 2010

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

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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This entry was posted on Tuesday, August 31st, 2010 at 2:55 pm and is filed under Commentary. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

2 Comments

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

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

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