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03 Oct 2010 02:07

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Biz: Remember the stock market “Flash Crash”? Here’s how it happened

  • 1 click of a mouse in Kansas caused the stock market to dip 600 points

 

 

  • $4.1B the amount in futures the mutual fund was trying to sell that fateful day
  • 75k the number of contracts the company dropped onto the market
  • 20 the number of minutes it took for them to flood everything source

11 Aug 2010 21:57

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Biz: Increased trade deficit + nervous investors = SELL! SELL! SELL!

  • 18.8% increase in the trade deficit, to $49.9 billion
  • 2.5% decrease in the Dow because of this news
  • 2.8% fall in the S&P 500 for the same reason
  • 3% dip in the Nasdaq today; sigh source

07 Jul 2010 20:27

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Biz: Optimism is back! Stocks had a pretty killer day today

  • 2.9% the increase in the Dow Jones Industrial today
  • 3.1% the leap in the super-exciting S&P 500 today
  • 3.1% the leap in the super-techie Nasdaq today source

29 Jun 2010 21:16

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Biz: Tesla Motors’ IPO = Elon Musk isn’t broke anymore!

  • 40% the amount the stock increased on its IPO day (it was a great day)
  • 3.85% the amount the NASDAQ as a whole fell today (it was a bad day)

Elon Musk scored big, too

  • $70M the amount that Musk put into Tesla Motors all by himself – he was broke before today
  • $650Mthe amount that Musk’s share in the company is worth after today – not bad, duder
  • $15M the amount Musk took out to ensure his Tony Stark-like life can continue source

17 Jun 2010 10:05

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Biz: Oil disaster: Stockholders really liked BP’s escrow account deal

  • 9.8% increase on the London stock exchange today source

16 Jun 2010 09:46

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Biz: Fannie & Freddie’s stocks so crappy right now, they’re getting delisted

  • what Fannie Mae and Freddie Mac, the two massive government-backed mortgage companies, are trading so lo that they’re about to be delisted.
  • when Expect both stocks to get removed from the New York Stock Exchange by July 8. They’ll trade in the the over-the-counter market instead. source

10 Jun 2010 10:10

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Biz, U.S.: Sucks to be BP, reason No. 39,197: Their stock plummets

  • 15% the amount BP shares fell in the U.S. yesterday
  • 11% the amount BP shares fell in the U.K. today
  • 1997 the last time BP’s stock was this low source
  • » Why the freefall? Well, besides the general “Did you see the oil spill?” response to that question, BP was told to pay workers it laid off as a result of the government’s moratorium on offshore drilling. Which means they’re on the hook for millions of dollars they weren’t before.
 

30 May 2010 12:19

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Biz, U.S.: BP’s stock is in free-fall right now; we wonder why

  • 25% decline in BP’s stock since the oil saga began source

29 May 2010 13:19

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Biz: No May flowers here: For stocks, it was the worst May since 1940

  • 7.9% dip in Dow’s value in the merry month of May source

25 May 2010 10:01

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Biz: The stock market’s looking pretty cruddy in early trading

  • -2.6% the decline of the Dow Jones industrial this morning
  • -2.8% the decline of the S&P 500 in early trading this morning
  • -2.9% the decline of the NASDAQ; all have had cruddy months source