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Stock Market & Financial Investment News

News Breaks
January 18, 2013
10:57 EDTFBFacebook breaks below uptrend support at its 10-day moving average
The shares have broken below uptrend support at the 10-day moving average, last at $30.29 and now resistance. This is bearish price action and indicative of a short-term topping pattern following an aggressive run-up in price. At the current price of $29.71, next support is at $28.86.
News For FB From The Last 14 Days
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March 12, 2015
19:59 EDTFBFacebook, Teamster shuttle drivers approve contract
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07:51 EDTFBAlibaba hiring for cloud computing in Seattle, Silicon Valley, Reuters says
Alibaba (BABA) has begun hiring cloud computing professionals in Seattle and Silicon Valley, reports Reuters, citing postings on LinkedIn. Reuters notes that recruiters in the region suggested Alibaba is "eyeing staff," particularly developers, at Amazon (AMZN), Microsoft (MSFT), and Facebook (FB). According to LinkedIn data, Alibaba has already hired 20 former Microsoft employees. Reference Link
07:40 EDTFBFacebook to face class-action over online refunds for minors, Reuters says
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