LinkedIn shares rose $5.94 or 6.5% yesterday to $97.78 after a Goldman Sachs analyst downgraded the stock from buy to neutral. LinkedIn had just dipped below $90 on March 20th on a down day for the market, and many pundits expected a sharp buyback after the dip. Investors hadn’t expected Analyst Heath Terry to explain that LinkedIn had a “high perceived value” with recruiters and that its Corporate Hiring Solution product had large growth potential.
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In a world where everyone’s opinion is publicly recorded, it should be theoretically possible to determine the most popular concept of the moment — be it a movie, a song, a feeling or even a stock. Certainly, we don’t have enough information at this point to record everyone’s fleeting thoughts, but Twitter is something that makes a good temporary approximation. And that’s what led University of California, Riverside professor Vagelis Hristidis to investigate whether Twitter sentiment could help predict the stock market.
The one you want is still a while off, but there’s plenty of action for you to drool over
In fairness, how much of that $20 billion did it deserve anyway?
Here’s the reason why everyone wants in on the “sideshow”.
The best things come to those who wait… even if we want them right now.
We might not get a cut of this deal, but there’s a lot we can learn from it
Can Groupon really pull this off? Really?
Could this affect the quality of talent social media companies can hire later?
Mint.com, the web-based personal finance site owned by Intuit, updated its iPhone app. One of the new features is something all of us are aware of when tracking expenses but never (or rarely) formalize when tracking finances: Location.
Introducing Manual Transactions for iPhone
The updated Mint app now permits manually entering an expense (vs. automated tracking of credit card or check payments). And, geographic location can be added to these manually tracked expenses using Google Places to identify businesses. This can be especially useful when traveling to track those incidental expesnses.
The enhancements and new features in this update are:
- Add transactions from your iPhone, so you can track expenses and income on the go.
- Uses Google Places to help you find a merchant when adding a transaction.
- View your available or current balance, along with pending transactions, for each account.
- Fixed a bug that prevented some users from searching for categories.
Mint.com Personal Finance (iTunes App Store)
