Apple results to lag behind

Shares of three technology giants soared Friday after earnings, but one analyst believes Apple lacks what it needs for a similar spike when it reports next week. Amazon, Google (parent Alphabet) and Microsoft all beat quarterly expectations after the bell Thursday. This was in part on strength with growth segments like…

Recent layoffs don’t necessarily spell trouble

For almost two months now, a slew of big American as well as foreign companies have been announcing major layoffs, which has been clouding the outlook for the employment in the United States. If you remember, it began in early September when Hewlett-Packard announced that its spinoff could mean up to 30,000 job…

Breaking News: Stocks near session highs as McDonald’s gains 8%

If you haven’t had a chance to check, U.S. stocks traded sharply higher on Thursday. Fast food giant McDonald’s delivered fresh evidence to it’s investors that its long awaited turnaround effort is gaining traction. This is good news after many shaky weeks. Following the report, McDonald’s stock jumped to an all-time…

Need Better Financial Information

Better financial information leads to better investment results. Everything you need to make your next informed investment decision is right here at Investor Wealth Daily. Visit us every day and get the market information you need to make better informed decisions.

Facebook looks to make shopping easier

Facebook has taken another step toward its goal of making it easier for brands who use their network to reach consumers and drive sales on mobile devices. The number of people accessing the site via mobile devices is continuing to increase. Facebook has already tested a “buy now” button in articles…

Apple looses millions of users of Apple Music

Apple Music has convinced nearly 6.5 million users to pay for their Apple Music service, Apple CEO Tim Cook said late Monday. However the numbers, of paying subscribers are just a small slice of the users who originally agreed to try out the service back in June on a trial base….

The Ferrari faithful boost IPO price to top of range

Ferrari NV priced its initial public offering at the top of expectations this past Tuesday, raising $893 million, as drivers who love the brand snapped up its shares alongside institutional based investors. Ferrari, who is controlled by Fiat Chrysler Automobiles has pulled out all the stops to market the company to the…

Report says the average American made $44.6K last year

It might now feel like it but Americans’ wallets got fatter in 2014 than the year before, though the biggest gains are filtering to the top. In a recent report, it was found that the average American took in $44,569.20 last year. This is according to data released Tuesday by the Social…

Buying a home is not getting easier for Milennials

Buying a home should be getting easier for millennials but it’s not. Even with sustained gains in U.S. hiring in the last few months they are still not able to gather the funds. This is due to increased demand for a scarce supply of starter homes is pushing prices beyond…

ESPN could lay off as many as 350 employees

As many as 350 people could be laid off from their jobs at ESPN as early as Wednesday, Bloomberg reports. News of possible layoffs at ESPN was first reported by Jason McIntyre of The Big Lead in back in September. At that time, according to McIntyre, Disney had reportedly told ESPN to trim about $100…