40 Terabytes More Data For Amazon S3
Amazon keeps rolling. Their next earnings report should be interesting (I’m long AMZN)
(tags: amazon s3 hosting storage stocks)
Chinese blogger held over stock tips
The site claims to have received more than 33m hits and local media in May branded it China’s most popular blog, eclipsing that of a popular […]
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BOSTON (MarketWatch) — In the words of my youngest daughter, it was ”ginormous” news when the wordsmiths at Merriam-Webster announced this month to add one of her favorite words to its collegiate dictionary.
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WASHINGTON (MarketWatch) — Two days of congressional testimony by Federal Reserve Chairman Ben Bernanke will be the most significant event of a busy week for economic news, which will include fresh data on inflation, housing and the manufacturing sector.
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Iranian economists have confronted President Mahmoud Ahmadinejad about his government’s economic policies which they said were frittering away the country’s oil wealth. The group told the president in a meeting last week that his economic policies were ‘inexpert’ and lacked ‘any basis in science’, AFP reported. The central bank has predicted inflation will rise to 17% in the year to March 2008.
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Wall Street ended an extraordinary and record-setting week Friday by surging higher again, sending the Standard & Poor’s 500 index past a trading high set in March 2000 and thrusting the Dow Jones industrial past 13,900 for the first time.
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In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of July 9-13:
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NEW YORK (MarketWatch) — U.S. stocks rose further into record territory Friday and posted strong weekly gains that saw the Dow Jones Industrial Average close in on the 14,000 level, as investors continued the previous session’s record rally after in-line earnings from General Electric Co. and a jump in a consumer-confidence survey.
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DARNESTOWN, MD. (MarketWatch) — Sitting outdoors enjoying a cold drink among the cactus in Paradise Valley, Arizona recently brought back great memories of one of our early drives.
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Oman government revenues fell 5.9% in the first four months of 2007, mainly due to a 19.8% drop in oil income, the Oman Daily Observer reports. Total state earnings reached $5.74bn, while oil revenues amounted to $3.51bn, according to the economy ministry's monthly bulletin. Oman is investing millions of dollars in enhanced oil recovery projects to recover more crude from ageing fields.
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The Dubai Financial Market Co. has announced a first half-year profit of $203.7m consisting of $127.5m in earnings generated by initial public offerings, and $76.2m from operating activities. Revenues from Q2 2007 operating activities rose 95% to $50.4m against $25.9m in Q2 2006, DFM said. Liquidity started flowing back into the market in Q2 2007, with the value of shares traded on the DFM reaching $22.6bn, compared with $11.7bn in Q1 2007.
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