Yelp and Facebook Trade Lower as Cray Defies the Dow Jones

Among active tech stocks, Cray was outperforming the market as Facebook and Yelp traded lower.

Jul 10, 2014 at 11:30AM

The Dow Jones Industrial Average (DJINDICES:^DJI) has fallen more than 103 points as of 11:35 a.m. EDT. Most stocks fell alongside the market, but Yelp (NYSE:YELP) and Facebook (NASDAQ:FB) posted more notable declines. Cray (NASDAQ:CRAY) was an exception, surging to the upside.

Google may be hurting Yelp
According to a report from TechCrunch, Google may be hurting Yelp in the U.S., favoring its own Google+ content over Yelp in search results.

The report comes from an allegedly leaked Yelp internal document. If accurate, management at the business review website believes that Google is deliberately manipulating its search results to favor competing Google+ content over Yelp. Given Google's dominance in the search engine market, this could hurt Yelp's business.

Piper Jaffray, however, today noted that despite being older, Yelp is still outpacing Google+ in terms of revenue growth. Piper Jaffray reiterated its overweight rating and $80 price target on Yelp, which was down 1.9% in late-morning trading.


Source: Wikimedia Commons.

Regulators question Facebook's WhatsApp acquisition
Facebook shares fell less than 1% on Thursday following regulatory news from across the Atlantic.

According to The Wall Street Journal, European antitrust regulators have begun questioning Facebook's rivals on its planned acquisition of messaging app WhatsApp. Though it seems unlikely, the buyout could run into issues if European regulators find that the deal violates antitrust provisions.

Facebook shareholders shouldn't be too concerned, but should keep a close eye on the deal and accompanying regulatory issues. Purchasing WhatsApp could be key to Facebook's long-term future, particularly in emerging markets where messaging apps are popular. European regulators have approved similar deals in the past, but have not weighed on such acquisitions in the context of social media.

Cray gets a big contract
Cray was one of the best-performing stocks on Thursday, rallying more than 15% in late-morning trading.

The move higher appears to have been prompted by the announcement that Cray has signed a contract with the U.S. National Nuclear Security Administration to provide a supercomputer and storage system.

It's only one deal, but it is one of the largest in Cray's history: Spread out over several years, the contract will be worth as much as $174 million. As a company, Cray's market cap is just over $1 billion, and its revenue for 2013 was only $525.7 million. The contract, then, is likely to have a material impact on Cray's financial performance in the near future.

Leaked: Apple's next smart device (warning, it may shock you)
Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out, and some early viewers are claiming its everyday impact could trump the iPod, iPhone, and the iPad. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!

Sam Mattera has no position in any stocks mentioned. The Motley Fool recommends Apple, Facebook, and Yelp. The Motley Fool owns shares of Apple and Facebook. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

A Financial Plan on an Index Card

Keeping it simple.

Aug 7, 2015 at 11:26AM

Two years ago, University of Chicago professor Harold Pollack wrote his entire financial plan on an index card.

It blew up. People loved the idea. Financial advice is often intentionally complicated. Obscurity lets advisors charge higher fees. But the most important parts are painfully simple. Here's how Pollack put it:

The card came out of chat I had regarding what I view as the financial industry's basic dilemma: The best investment advice fits on an index card. A commenter asked for the actual index card. Although I was originally speaking in metaphor, I grabbed a pen and one of my daughter's note cards, scribbled this out in maybe three minutes, snapped a picture with my iPhone, and the rest was history.

More advisors and investors caught onto the idea and started writing their own financial plans on a single index card.

I love the exercise, because it makes you think about what's important and forces you to be succinct.

So, here's my index-card financial plan:


Everything else is details. 

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