SAN FRANCISCO (AP) — Just as one high-tech breakthrough often paves the way for the next big thing, technology IPOs move in virtuous cycles, too.
Twitter's scintillating stock market debut punctuated a procession of highly anticipated coming-out parties over the past two-and-half years, providing a springboard for a new generation of rapidly growing startups to make the leap to Wall Street.
2. Twitter is powerful, but where are the profits? - Friday, November 1, 2013
NEW YORK (AP) — It can help overthrow dictators. But can it make money?
Protesters famously used Twitter to organize during the Arab Spring three years ago. President Barack Obama announced his 2012 re-election victory using the short messaging service. Lady Gaga tweets. So does the pope.
3. Twitter titillates users, investors with IPO tweet - Friday, September 13, 2013
SAN FRANCISCO (AP) — Twitter, the short messaging service named after chirping birds, is finally ready to migrate to Wall Street.
Fittingly enough, the company resorted to a tweet to titillate its more than 200 million users and a flock of potential investors with its long-awaited plans to pursue an initial public offering of stock.
4. US stocks turn lower after Egypt turmoil worsens - Friday, June 28, 2013
NEW YORK (AP) — The stock market ended slightly lower Tuesday after reports of intensifying political turmoil in Egypt offset good news about the U.S. economy.
Stocks rose most of the day on positive news about car sales, home prices and manufacturing. But major indexes turned lower after 1:40 p.m. Eastern Daylight Time after news emerged that Egypt's military had drawn up plans to suspend the country's constitution, dissolve its legislature and set up an interim government. Millions of protesters are demanding the ouster of President Mohammed Morsi.
5. LinkedIn looks to build on its impressive resume - Friday, May 10, 2013
MOUNTAIN VIEW, Calif. (AP) — LinkedIn and Facebook will celebrate the anniversaries of their IPOs just a few days apart this week. But their experiences as publicly traded companies couldn't be more different.
6. Online poker back: Legal website launches in Nevada - Friday, April 26, 2013
LAS VEGAS (AP) — Poker devotees can now skip the smoky casino and legally gamble their dollars away on the couch — at least in the state of Nevada.
A Las Vegas-based casino subsidiary launched the first fully legal poker website in the United States on Tuesday morning.
7. Forbes: Slim world's richest for 4th year in a row - Friday, March 1, 2013
NEW YORK (AP) — Mexico's Carlos Slim remains the world's richest man for the fourth year in a row, according to Forbes, while Warren Buffett dropped out of the top three for the first time since 2000.
8. Groupon fires CEO, still faces underlying problems - Friday, March 1, 2013
NEW YORK (AP) — Now that Groupon has gotten rid of its quirky founder and CEO, the chief question is whether the company's underlying online deals business is promising enough to reverse its falling stock price, declining revenue growth and waning consumer interest.
9. Dow gains 16 points for week as investors wait on budget - Friday, November 30, 2012
NEW YORK (AP) — Stocks ended the week more or less where they started it. Investors were watching closely while lawmakers in Washington worked at thrashing out a budget agreement.
After inching 3.76 points higher on Friday, the Dow Jones industrial average closed at 13,025.58. That's a gain of just 16 points for the week, one of the Dow's smallest moves this year.
10. VICC’s Wiesner to lead cancer program - Friday, November 9, 2012
Georgia Wiesner, M.D., M.S., has joined the Vanderbilt Department of Medicine, Division of Genetic Medicine and Vanderbilt-Ingram Cancer Center as professor of Medicine and director of the newly created Clinical and Translational Hereditary Cancer Program.
11. Stocks fade, extending a weeklong slump - Friday, October 19, 2012
NEW YORK (AP) — A weak showing in home sales and more disappointing earnings reports are sending stocks lower on Wall Street, extending a weeklong slide.
Stocks had started out higher early Thursday following a strong profit report from Procter & Gamble, but indexes started to weaken in late morning trading after a realtor group said that the pace of home purchase contracts was leveling off.
12. Stocks mixed after US unemployment rate drops - Friday, October 5, 2012
A big drop in the unemployment rate wasn't enough for investors Friday. Stocks posted gains early in the day but faded to a mixed close.
The Labor Department said the unemployment rate had declined to 7.8 percent, its first dip below 8 percent in nearly four years. The decline from 8.1 percent the month before was bigger than economists had expected.
13. Gates, Buffett again top Forbes' billionaires list - Friday, September 14, 2012
NEW YORK (AP) — Microsoft Corp. co-founder Bill Gates remains the nation's richest man by far, as the tech and philanthropy giant took the top spot on the Forbes 400 list for the 19th year running, with a net worth of $66 billion.
14. Silicon Valley isn't sharing Facebook's misery - Friday, September 7, 2012
MENLO PARK, Calif. (AP) — Silicon Valley, it turns out, doesn't revolve around the stock prices of Facebook and its playful sidekick, Zynga.
By most indications, tech companies in this hub of innovation are humming along, even as two of its rising stars endure steep declines in their stock prices that have wiped out more than $60 billion in wealth in the past six months.
15. Facebook hits new low as IPO lock-up ends - Friday, August 10, 2012
NEW YORK (AP) — Shares of Facebook are plunging to all-time lows after the expiration of a lock-up period that has provided early investors and insiders with an opportunity to exit.
The stock fell 7 percent, or $1.49, to $19.71 in Thursday morning trading.
16. Facebook insiders can sell stock as 'lock-up' ends - Friday, August 10, 2012
MENLO PARK, Calif. (AP) — Facebook's early investors and a handful of top executives become eligible on Thursday to sell stock they own in the social networking company. It marks the beginning of a time-honored process for public companies, which will culminate in the fall, when many Facebook employees receive the same right to sell their shares.
17. Facebook shares sink to new low after 2Q results - Friday, July 27, 2012
NEW YORK (AP) — Facebook's stock hit a new low Friday after it reported lukewarm second-quarter results and didn't give an outlook for the coming months.
The stock fell $3.83, or more than 14 percent, to $23.02 in morning trading Friday. Facebook Inc.'s initial public offering of stock priced at $38, and its low had been $25.52, hit on June 6. The stock is now about 39 percent below its IPO price.
18. Stocks soar after ECB vows to protect the euro - Friday, July 20, 2012
NEW YORK (AP) — Stocks soared in the U.S. and Europe Thursday after the European Central Bank president vowed to "do whatever it takes" to keep the continent's monetary union intact.
The Dow Jones industrial average jumped 172 points, or 1 percent, to 12,848 as of 12:20 p.m., following European markets sharply higher. Benchmark stock indexes surged 6 percent in Spain and Italy and 4 percent in France.
19. SEC questioned Facebook about Zynga, mobile - Friday, June 15, 2012
NEW YORK (AP) — New documents show that federal regulators wanted to know more about Facebook's mobile users and the company's relationship with the online game company Zynga in the months leading to Facebook's initial public offering of stock.
20. Where are Facebook's friends? Stock down after IPO - Friday, May 18, 2012
NEW YORK (AP) — Facebook's stock is tumbling well below its $38 IPO price in the social network's second day of trading as a public company on Monday.
By late afternoon, Facebook's stock was at $34.26, down 10.4 percent from Friday's closing price of $38.23. The company lost nearly $10 billion of its market value, and is now worth around $96 billion, about $2 billion below Amazon.com Inc.
21. Lack of trust in Facebook may hold back ad sales - Friday, May 11, 2012
NEW YORK (AP) — Facebook's reach is wide but not deep. Few users surveyed in an Associated Press-CNBC poll say they click on the site's ads or buy the virtual goods that make money for it.
More than 40 percent of American adults log in to the site — to share news, personal observations, photos and more — at least once a week. In all, some 900 million people around the world are users. But many of them don't have a very high opinion of Facebook or trust it to keep their information private.
22. Zynga holders plan to sell up to $400M in stock - Friday, March 9, 2012
SAN FRANCISCO (AP) — Zynga Inc. says shareholders may sell up to $400 million in stock through a public offering, three months after the online game maker went public, to try to avoid a drop in its stock price.
23. Dow falls 97 points, worst showing this year - Friday, February 10, 2012
NEW YORK (AP) — Stocks slumped Wednesday in one of their worst showings this year as Greece, slogging through negotiations with other countries over a bailout, once again cast a long shadow over the financial markets.
24. Early rally fades; stock market down for the week - Friday, December 16, 2011
An early rally faded on the stock market Friday, leaving indexes down about 3 percent for the week as worries resurfaced about a breakup of the euro. BlackBerry maker Research in Motion plunged after slashing its forecast for holiday sales.
25. Report says Facebook seeks $10 billion in IPO - Friday, November 25, 2011
NEW YORK (AP) — Facebook might finally be laying down the groundwork for a highly anticipated initial public offering, long expected to take place sometime after April 2012.
The Wall Street Journal is reporting that the world's largest online social network is looking into raising as much as $10 billion in its IPO. The Journal cited people familiar with the matter but did not identify them by name.
26. The IPO market, an engine of job growth, stalls - Friday, October 21, 2011
NEW YORK (AP) — Two companies with quirky names, Ubiquiti Networks and Zeltiq Aesthetics, made their public debuts earlier this month with listings on the Nasdaq Stock Market. Each company's stock went up modestly on the first day of trading.
27. Groupon's fall to earth swifter than its fast rise - Friday, October 21, 2011
NEW YORK (AP) — Only a few months ago, Groupon was the Internet's next great thing. Business media christened it the fastest growing company ever. Copycats proliferated. And investors salivated over the prospect of Groupon going public.
28. LinkedIn shares soar 90 percent in market debut - Friday, May 13, 2011
NEW YORK (AP) — LinkedIn's stock nearly doubled in its market debut because of huge investor demand for the first major U.S. social networking company to go public.
The stock traded at $87.11, up 94 percent, Thursday morning after debuting at $83 and briefly reaching $92.99.