Shareholder Sues Wells Fargo Over Phony Accounts Scandal, Systemic FailuresA longtime shareholder sued Wells Fargo Bank executives for allegedly incentivizing misconduct and breaching their fiduciary duties when they allowed millions of accounts to be opened without customers' permission.
Yahoo Reports Another Big Loss, Writes Down Tumblr ValueYahoo's latest earnings report leaves no doubt the internet company is stuck in a downward spiral.
Bulls On Wall Street; Stocks Soar To Record HighFiscal optimism powered a bullish day on the stock exchanges Tuesday as the Dow Jones soared to a record closing, finishing the day at 18,347.67.
Stocks Continue To Tumble Over Brexit VoteU.S. financial markets continued their decline Monday in the wake of last week’s vote by British voters to leave the European Union.
Social Stocks Hit Hard In Stock Market DeclineSocial media giants Facebook and Twitter lost 5 percent of their value each Monday as stocks tumbled in the wake of a slump in crude oil and declines on the European exchanges.
LinkedIn Shares Plunge After Weak 2016 Earnings ForecastLinkedIn shares plunged as much as 28 percent in after-hours trading Thursday after the company reported better-than-expected results for the fourth quarter but provided a weak forecast for 2016.
Apple Shares Tumble After Forecast Of Sales DropApple shares tumbled more than 5 percent in early trading Wednesday after the company braced for its first sales decline in 13 years despite selling a record 74.8 million iPhones in the final three months of 2015.
Tech Giants Hit Hard; Dow Drops More Than 390 PointsDow Jones tumbled more than 500 points during Friday's trading session, dropping below 16,000 points as the financial markets suffered another day of setbacks with many Silicon Valley stocks losing value.
Stocks Tumble; Silicon Valley Giants Hit Hard; GoPro LayoffsStocks dropped sharply again Wednesday with the shares of Silicon Valley tech giants Apple, Google, Yahoo and Facebook all closing much lower.
Twitter Falls Below $20 A Share; Markets Lose Early GainsShares of San Francisco-based Twitter fell below $20 a share in early trading Friday as the market appeared to be in for another anxious day.
All Eyes Focuses On Chinese Stock MarketThe Dow is on pace to lose 1,000 points this week as Wall Street sinks under the weight of China, with the world’s second largest economy showing increasing signs of weakness.
Valley Stocks Hit Hard By Wall Street Sell-OffA sell-off triggered by weak Chinese manufacturing data and escalating tensions in the Middle East sent shares of Silicon Valley stocks tumbling Monday with Netflix falling nearly 7 percent in value, Yahoo nearly 6 percent, Twitter nearly 4 percent and Facebook dropping more than 3 percent in midday trading.