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Cisco sparks networking rally, AMD falls

Thu, 16 May 2013 10:43:51 -0400

Cisco’s upbeat view of corporate IT sparks a networking rally, but AMD falls on a Goldman Sachs downgrade.

Yelp highlights neighborhood businesses, starting with East Sacramento

Mon, 13 May 2013 08:43:16 -0400

Short Sellers Move on Zynga, Retreat from eBay

Fri, 10 May 2013 13:41:44 -0400

Among the social media players, eBay (NASDAQ: EBAY), Groupon (NASDAQ: GRPN) and Zynga (NASDAQ: ZNGA) saw the biggest swings in short interest between the April 15 and April 30 settlement dates.

Other social media companies based in the United States that also saw the number

Cramer: Gains in Groupon, Yelp for Real?

Thu, 09 May 2013 18:53:34 -0400

In the past 3 months Groupon has gained more than 15% and Yelp has surged more than 40%. What should you make of the moves? Jim Cramer is curious.

Smize and recognize to capture your innovative spirit on film

Thu, 09 May 2013 16:10:05 -0400

Here comes the rogue IT wave

Wed, 08 May 2013 07:00:52 -0400

Venture capitalists are now looking for the Internet’s next new, new thing, writes John Shinal.

Apple, Google rise; Facebook, Netflix fall

Mon, 06 May 2013 10:48:56 -0400

Shares of Apple rise as Barclays raises its price target. Google also up as the tech sector edges higher, despite losses in shares of Facebook and Netflix.

Market Forecast + Sector Watch: XLE, SOXX, FDN, XLF, GOOG, HES, OXY, GS, C, BRCM, MA, PCLN, APA, PNC, NOV, V, SLB, APC, ASML, XLNX, LNKD, YELP

Mon, 06 May 2013 01:55:07 -0400

Last weekend, in my Market Forecast, I wrote: "For the new week, although SPX did climb back above 1580, we’ll have to see if the market can continue on its bullish trend. It seems to be testing 1580 right now. On Wednesday, we’ll get the latest rate decision. We may see a slow start to [...]

Cramer: Here's Why LinkedIn Is Getting Creamed

Fri, 03 May 2013 10:24:34 -0400

Guidance from LinkedIn caused a big drop in the company's stock price on Friday morning, but CNBC's Jim Cramer said it was an overreaction and has created a great buying opportunity.

Mad dash for Yelp options as shares soar

Thu, 02 May 2013 20:28:01 -0400

Today’s tickers: YELP, MGM & DD

YELP - Yelp, Inc. – Shares in Yelp are screaming higher today, up 26.5% at an all-time high of $32.00 as of 11:35 a.m. ET, after the provider of online consumer reviews of local businesses posted first-quarter sales that handily beat analyst estimates. Double-digit percentage gains in the price of the underlying shares sparked heavy trading in Yelp options on Thursday morning, with volume currently up above 11,000 contracts versus the stock’s average daily volume of around 1,300 contracts. In and out-of-the-money call buying on Yelp today indicates some traders are positioning for the price of the underlying to extend gains in the near term. Bullish traders snapped up calls at the May $30, $31 and $32 strikes this morning, driving volume at each strike well above existing open interest levels. More than 800 calls changed hands at the May $32 strike versus open interest of 46 contracts. The bulk of the contracts appear to have been purchased within the first 10 minutes of the opening bell for a premium of $0.40 each. Sharp intraday gains in Yelp’s shares now find the $32 calls trading at $1.35 each, tripling the value of one or more traders’ positions by lunchtime. Meanwhile, upside calls in play out in the August expiry look for shares in Yelp to rally substantially this summer. Bulls betting on the big move purchased around 425 calls at the Aug. $35 strike for an average premium of $1.95 each. Traders long the calls make money at expiration if the price of the underlying jumps 15% over the current price of $32.00 to top the average breakeven point at $36.95.

MGM - MGM Resorts International – Resort casino operator, MGM Resorts International, reported a surprise first-quarter profit ahead of the opening bell this morning, sending shares in the name up 8.0% to a new 52-week high of $14.90 by midday in New York. Bullish options looking for shares to extend gains in the near term are active today, with calls expiring…

STTG Market Recap May 2, 2013

Thu, 02 May 2013 18:59:49 -0400

A solid recovery Thursday by the bulls as an interest rate cut by the European Central Bank and a general buy the dip mentality conspired to bring buyers in. Weekly jobless claims also fell to a 5 year low ahead of tomorrow's two key reports: ISM Non Manufacturing and the monthly employment report. The S&P 500 bounced back smartly from yesterday's losses to hit another all time high as it closed at the very top end of its multi week range, with a gain of 0.95%; the NASDAQ added 1.31% as tech stocks continue to see recent flows.

Original post: STTG Market Recap May 2, 2013

Market Wrap for Thursday, May 2: Stocks Recover From Wednesday's Losses; Dow Up Triple Digits

Thu, 02 May 2013 16:19:24 -0400

Stocks jumped on Thursday as jobless claims hit a 5-year low, spurring investor enthusiasm.

The consensus had expected jobless levels to rise. The U.S. dollar also climbed on the day as the euro currency recorded a sharp loss and looks to test the $1.30 level once again.

Volatility levels on

Mid-Afternoon Market Update: NII Holdings Drops as the NASDAQ Continues to Surge

Thu, 02 May 2013 15:37:10 -0400

Toward the end of trading Thursday, the Dow traded up 0.83 percent to 14,823.01 while the NASDAQ surged 1.29 percent to 3,341.22. The S&P also rose, gaining 0.90 percent to 1,596.70.

Index Technicals: The S&P 500 rejected its 1,597 highs and headed lower to test its 1,575 support which lies on the

Mid-Day Market Update: Yelp Surges On Upbeat Results, AU Optronics Down

Thu, 02 May 2013 12:46:02 -0400

Midway through trading Thursday, the Dow traded up 0.71 percent to 14,806.01 while the NASDAQ surged 1.09 percent to 3,335.22. The S&P also rose, gaining 0.82 percent to 1,595.70.

Index Technicals: The S&P 500 rejected its 1,597 highs and headed lower to test its 1,575 support which lies on the 20 EMA

Yelp hits all-time high in wake of results

Thu, 02 May 2013 12:15:39 -0400

Online consumer review site gets big gains as mobile, local ads drive sales upward.

24/7 Wall St. Closing Bell — Thursday: Markets Open Higher, S&P Posts Another All-time High

Thu, 02 May 2013 12:09:00 -0400

DailyFinance.com: U.S. equity markets opened higher this morning, buoyed by a smaller-than-expected total of new claims for unemployment benefits in the U.S. (more coverage here). The U.S. trade deficit also fell while unit labor costs rose by less than analysts ... Read more

Mobile 'Tipping Point' Has Already Happened: CEO

Thu, 02 May 2013 11:37:34 -0400

A focus on mobile technology will separate the haves from the have-nots and the "tipping point" for the migration to mobile has already happened, said Silicon Valley insider Dan Rosenswieg, CEO of Chegg, an online textbook marketplace.

Facebook, Yelp spur tech gains; Intel slips

Thu, 02 May 2013 11:14:36 -0400

Facebook and Yelp march higher on Thursday morning following strong quarterly results. Chip giant Intel slips as it names new CEO.

Mid-Morning Market Update: Markets Open Higher, GM Profit Beats Estimates

Thu, 02 May 2013 10:50:18 -0400

Following the market opening Thursday, the Dow traded up 0.27 percent to 14,740.27 while the NASDAQ surged 0.53 percent to 3,316.61. The S&P also rose, gaining 0.34 percent to 1,588.12.

Index Technicals: The S&P 500 rejected its 1,597 highs and headed lower to test its 1,575 support which lies on the 20

Thursday’s movers: Facebook, Yelp headline winners

Thu, 02 May 2013 10:26:41 -0400

Facebook and Yelp rally on Thursday after releasing quarterly results which showed improvements in the first quarter.

Cramer: Facebook 'Figured Out' Mobile Advertising

Thu, 02 May 2013 10:02:38 -0400

Facebook's first quarter earnings were "amazing" and demonstrated that the company has finally figured out its mobile strategy, CNBC's Jim Cramer says.

Stocks Rise After Jobless Claims, ECB Rate Cut; ING Gains in Market Debut

Thu, 02 May 2013 09:47:10 -0400

Stocks gained Thursday, recovering from the previous session's sharp losses, as Wall Street cheered a better-than-expected jobless claims report and after the European Central Bank cut its key interest rate.

Yelp meeting business owners about negative reviews

Thu, 02 May 2013 09:07:19 -0400

Early Movers: GM, BDX, CI & More

Thu, 02 May 2013 08:11:04 -0400

These are the stocks posting the largest moves before the bell.

Facebook seesaws after hours on earnings

Wed, 01 May 2013 17:16:59 -0400

Facebook shares seesawed in late trade after matching Wall Street’s expectations for its first-quarter earnings, while Yelp leaped on a stronger revenue forecast.

After-Hours Buzz: FB, V, YELP & More

Wed, 01 May 2013 16:52:39 -0400

Check out which companies are making headlines after the bell Wednesday:

Yelp trims loss and sales rise on mobile gains

Wed, 01 May 2013 16:39:23 -0400

Online consumer review company also expects second-quarter revenue to exceed Wall Street’s estimates

Yelp Earnings: 8-Cent Loss Per Share, $46 Million Revenue vs. Expectations of a 6-Cent Loss, $45 Million Revenue

Wed, 01 May 2013 16:04:56 -0400

Five Companies' Implied Earnings Move For After the Bell

Wed, 01 May 2013 15:43:43 -0400

Companies are typically more volatile when they report earnings than many other times during the year. By using option pricing, we can estimate where the market is pricing the current move.

Below are five companies that report quarterly earnings after the stock market closes. Based on the straddle price (closest

Apple leads techs down; Facebook, Yelp slip

Wed, 01 May 2013 11:23:45 -0400

Apple shares slip as bonds see heavy trades in debut. Facebook, Yelp shares down ahead of first-quarter reports, due after closing bell.

Facebook, Comcast are Wednesday’s stocks to watch

Wed, 01 May 2013 05:41:00 -0400

Facebook, Comcast, and Time Warner are among the big names headlining Wednesday’s earnings.

Helicopter Ben Still Flying as Traders Ponder "Sell in May"

Tue, 30 Apr 2013 19:43:43 -0400

Benzinga's M&A Chatter for Tuesday April 30, 2013

Tue, 30 Apr 2013 18:39:43 -0400

The following are the M&A deals, rumors and chatter circulating on Wall Street for Tuesday April 30, 2013:

InterMedia Partners VII, L.P. and InterMedia Outdoors Holdings, LLC Offer $9.15/Share for Outdoor Channel Holdings

The Deal:InterMedia Partners VII, L.P. and InterMedia Outdoors Holdings, LLC offered to acquire Outdoor Channel Holdings (NASDAQ:

What to Expect From Mobile and Media Front Runners

Tue, 30 Apr 2013 15:06:28 -0400

On Wednesday, all eyes will be on Comcast, Facebook, Viacom and Yelp. Analyst want to know how Facebook and Yelp will strengthen their mobile strategy. Comcast is expected to report an increase in revenue, while analyst predict a contraction in earnings growth for Viacom.

Sentiment Divided on Yelp Inc (YELP) Ahead of Earnings

Tue, 30 Apr 2013 14:52:00 -0400

Along with sector peer Facebook Inc (NASDAQ:FB), Internet issue Yelp Inc (NYSE:YELP) is slated to unveil its quarterly results after the market closes tomorrow...(Read More)

Fed May Provide a Safety Net for the Market

Fri, 26 Apr 2013 20:08:58 -0400

The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the important April jobs report.

Weekly Preview: Focus Shifts from Earnings to Economy

Fri, 26 Apr 2013 16:35:00 -0400

In the upcoming week, the focus of markets will gradually shift from earnings to the economy, especially later in the week, as key reports including the ECB rate decision and the U.S. Non-Farm Payrolls report are expected to be released.

Key Earnings In the coming week, key earnings from Facebook (NASDAQ:

Short Interest Swings in eBay, Facebook & Google

Thu, 25 Apr 2013 14:10:11 -0400

Among the social media players, eBay (NASDAQ: EBAY), Facebook (NASDAQ: FB) and Google (NASDAQ: GOOG) saw big swings in short interest between the March 28 and April 15 settlement dates.

Other social media companies based in the United States that also saw the number of

Traffic Report: March Top 50 Sites

Tue, 23 Apr 2013 16:34:23 -0400

The top 9 sites remained unchanged from February to March. Among those, Bing and Amazon experienced the largest growth with traffic up 12% and 19% respectively. There was a general rise in traffic to many sites, across all categories, due in part to the return to a full 31-day month.

Foursquare tweaks desktop version of site as it moves toward local search

Tue, 23 Apr 2013 12:00:17 -0400

Foursquare has modernized and updated the Foursquare.com listings for businesses as the company moves to challenge Yelp and improve growth.

Yelp Partners With Locu, Allowing Businesses To Post Menus, Daily Specials & Photos To Yelp In Real Time

Tue, 23 Apr 2013 09:59:18 -0400

Local business data provider Locu is announcing a partnership with Yelp today, in order to help update Yelp’s menus and other listings data with Locu’s real-time information directly from businesses. This will allow restaurants on Locu to distribute their menus and daily specials to Yelp, but it will also help Locu further expand into other verticals beyond restaurants alone. The move comes on the heels of Locu’s partnership earlier this spring with WordPress maker Automattic, which allowed restaurants to more easily add their Locu-powered menus to their WordPress blogs. The company has also been busy rolling support for other third parties, including OpenTable, TripAdvisor and CitySearch. The startup, backed by $4 million in Series A funding, extracts data from business websites then makes it available in a structured format, including via its API. Business owners who claim their pre-populated Locu profile, or who sign up for the service on their own, will have access to edit the data as need be, then push it out to their own website, mobile site, Facebook page, WordPress blog, and other local directories, like, as of now, Yelp. The benefit to using Locu over traditional local business listing providers, explains co-founder and CEO Rene Reinsberg, is the speed with which Locu can serve updates. “If you look at the historical providers, typically how they work is once a week, once a month, and in some cases once a day – but that’s really the exception – the provider would get a feed and updates,” he says. “The concept here [with Locu] is to have a real-time functionality.” “That’s where we need to be headed anyway,” adds Reinsberg, “because today a lot of searches are happening on mobile phones so they’re immediate – you’re looking for something right now.” For restaurants, which are still the majority of Locu’s user base, the Yelp integration means they’ll be able to have their current menu, including daily specials, seen by Yelp users on both web and mobile. Their menus will appear on profile pages for businesses with Yelp’s data layered on top, including photos. Here’s an example. Locu now has over 15,000 merchants on its platform. The company offers a freemium service, where paid users have a set of additional premium options, templates, and support for $25 per month. This includes the ability to trial Locu Takeout, an online ordering option for restaurants, as well as publish photos to Facebook, OpenTable, and now,

Big Short Interest Swings in eBay, Facebook, Yelp

Wed, 10 Apr 2013 13:25:26 -0400

eBay (NASDAQ: EBAY), Facebook (NASDAQ: FB) and Yelp (NYSE: YELP) saw big upswings in short interest between the March 15 and March 28 settlement dates

Other social media companies based in the United States that also saw the number of shares sold short rise

Market Wrap for Friday, April 5: Stocks Record Moderate Losses on Disappointing Jobs Data

Fri, 05 Apr 2013 16:31:23 -0400

Stocks closed Friday's trading session only moderately lower and well off of session lows after a series of disappointing economic reports.

For the most part, investors shrugged off surprising nonfarm payrolls data and losses for the major averages were contained. In other news, the USD/JPY continued to rise sharply in

Apple gains, but H-P, Groupon slump

Tue, 02 Apr 2013 10:57:29 -0400

Goldman tempers view, yet is still upbeat on Apple. UBS gives few reasons to be positive on either H-P or Groupon for the time being.

Big, open data: MapR on Github and Yelp’s dataset challenge

Thu, 28 Mar 2013 12:57:42 -0400

MapR is releasing open source code and partnering with Canonical on Ubuntu, while Netflix is releasing some data for for developers to play with. Sounds like a good day for openness.

Short Interest Swings in Social Media Stocks (FB, GOOG, GRPN)

Wed, 27 Mar 2013 11:35:41 -0400

Short sellers piled on to Groupon (NASDAQ: GRPN) in the wake of the ouster of the company's chief executive officer.

Short interest for these other social media companies based in the United States also rose between the February 28 and March 15 settlement dates: Angie's List (NASDAQ:

Yelp Announces A New ‘Revenue Estimator' For Small Businesses

Tue, 26 Mar 2013 00:00:48 -0400

Yelp is announcing a new feature intended to highlight and quantify the value that the listing and review site provides for small businesses. A company spokesperson told me the feature is important for two reasons. First, it helps business owners understand the impact that Yelp is already having on their revenue. Second, it gives them a baseline from which to judge the success of their advertising campaigns — it's one thing to see an increase in page views after a campaign, and another to put an estimated dollar value on the new business generated by those ads.

Can Yellow Pages Make a Come Back? – Analyst Blog

Thu, 21 Mar 2013 14:05:01 -0400

SuperMedia Inc. (SPMD) and Dex One Corporation (DEXO), two of the nation???s largest yellow page companies, announced earlier this week that they have filed for Chapter 11 bankruptcy protection.

Yahoo acquires social recommendation startup Jybe

Wed, 20 Mar 2013 13:28:56 -0400

Yahoo has acquired Jybe, the personalized recommendation app that aimed to help consumers get recomendations from friends around them, and then also move toward making purchases through the app. The acquisition shows part of Yahoo's latest social strategy.

Can Yelp Reviews Really Help You Get a Business Loan?

Wed, 20 Mar 2013 11:37:22 -0400

With bank loan competition still tight, more startups and small-business owners are turning to alternative lenders, which use technology-driven data analytics (aka fancy enterprise software) to gauge loan applicants. But can Yelp ratings really help you secure a business loan? And what's the downside?