AAPL) flash crash of Thursday, February 10, 2011. I was long AAPL at that time via the stock and call options. In less than an hour, it dove from roughly $360 to about $349, taking the final legs down in minutes and seconds.
The future will likely be ruled by robots. And according to billionaire investor Ray Dalio, more use of machines means the possible loss of jobs.
The Toys 'R' Us bankruptcy filing is a sad one indeed. But, for long-time followers of retail it's not a surprise given Amazon's increasingly important role in consumption.
As Google and Apple appeal heavy fines imposed by Brussels regulators, European governments are now proposing to tax tech giants based on their revenue rather than their profits.
Doug Kass shares his thoughts on some key stocks and reviews some equities.