Among Wednesday’s top online stories for investors: Warren Buffett on why stocks are cheaper than bonds and gold; using Twitter to predict stock market swings; and the final low down on Apple’s amazing quarter.
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Stocks fell sharply Tuesday after a surprise rate hike from China’s central bank and mixed quarterly earnings reports led to heavy selling in technology, materials and energy stocks.
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Celebrity books normally get a big marketing push. But the campaign for Decoded, the rap mogul’s new book of lyrics, is unprecedented. Thanks to backing from Clear Channel and Microsoft’s Bing, it’s surely in a league of its ow…
Microsoft’s Ray Ozzie, who took over the chief software architect post at the world’s largest software company from founder Bill Gates in 2006, will step down after five years with Microsoft.
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Analysts expect the leading Web portal to report a 15% increase in earnings for the second quarter, largely due to cost cutting. Revenues are expected to be flat year-over-year.
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