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The 404 1,195: Where what the ETF? (podcast)

Listeners of The 404 Show have plenty of financial questions, so we look to our resident expert Jill Schlesinger from "CBS MoneyWatch" to make sense of it all. From ETFs to IRAs and everything in between, Jill and Jeff navigate the choppy waters of personal finance. They'll also talk about Apple in great detail, and whether the company's sinking stock price is a sign of things to come.

Jill hits up The 404 Show every three weeks, so if you've got a question you want answered on the show, be sure to send a tweet or e-mail us! … Read more

Apple no longer the world's 'most valuable company'

Apple has lost its top spot as the world's most valuable company.

Apple shares today are down more than $11 to around $439, pushing its market capitalization below $412 billion. That decline, coupled with a 16-cent gain in Exxon Mobil's stock price that pushed that company's market cap to $417.2 billion, has robbed Apple of its market-cap leadership position.

Market capitalization measures the value of a company, and is calculated by multiplying a company's total shares outstanding by the share price.

Apple and Exxon Mobil had been battling for the top spot in 2011, when … Read more

Twitter is loopy for Vine videos

Thursday's CNET Update is longer than six seconds:

Today's tech news roundup explains why Apple's latest earnings report of record revenue and sales has disappointed investors. Tim Cook also had little to say about an Apple television and fixes to the Maps app.

Netflix surprised analysts with reported profit and growth. Netflix will push out it's own TV series, "House of Cards," on Feb. 1, and new episodes of Arrested Development are arriving in May.

Hundreds of AT&T U-verse customers have had to live without TV, Internet or phone service for several days. … Read more

Apple shares take a tumble after earnings report

Apple investors hoping for a nice stock boost following fiscal first-quarter earnings are likely pretty disappointed right now.

Shares, which have already been under pressure in recent weeks, slid about 10 percent in late trading after the Cupertino, Calif., electronics giants failed to post quarterly results that were as strong as hoped. Shares initially slid about 5 percent after the report, but losses accelerated during Apple's conference call.

Revenue for the first-quarter ended in January was weaker than analysts expected, as were the company's projections for second-quarter sales. And iPhone sales, while a record, also weren't quite … Read more

Google shares soar as analysts chime in on earnings

Google's shares are on the rise following a strong earnings report yesterday.

In early trading, Google's shares jumped more than 5 percent to $740.37. The company's stock price closed the day at $702.87 yesterday.

Google's share jump is due in part to Google's strong fourth quarter. The company beat analyst expectations during the period and posted a $2.9 billion profit on $14.4 billion in revenue. That performance helped Google post its first $50 billion revenue year.

It didn't take long for a slew of analysts to chime in on Google'… Read more

Al Gore exercises Apple stock options worth $29 million

Al Gore has just purchased a big chunk of Apple stock by exercising his Apple stock options.

A filing with the Securities and Exchange Commission shows that Gore exercised options on January 15 to buy 59,000 Apple shares at the price of $7.475 a share.

That means Gore paid around $441,000 for his load of Apple stock. With the shares trading just under $500 this morning, Gore's investment is now worth around $29.5 million.

Of course, Apple stock has been falling recently, although that could turn around next week if the company releases good results … Read more

Apple shares close below $500 as investors fail to shake worry

Apple investors can't seem to shake their concern over the company's future.

Shares in the iPhone maker ended the day at $485.92, down just over 3 percent for the day after having closed yesterday at $501.75. In trading today, Apple's stock never rose above the $500 mark.

On Sunday, The Wall Street Journal cited sources who said that Apple had cut component orders for its iPhone 5 due to slumping demand for the handset. That bad news pushed Apple's shares lower yesterday as investors became concerned with the company's ability to compete as … Read more

Apple stock drop lingers following iPhone parts reports

Shares of Apple stayed down today following a drop that sent the stock down below $500 for the first time since February.

The stock ended the day at $501.75, down $18.55 or 3.57 percent.

The cause for the initial drop came from a pair of stories yesterday -- one from Japan's Nikkei and another later in the day from The Wall Street Journal -- claiming Apple cut its component orders for the iPhone by nearly half last month. The suggestion from both was that demand for Apple's iPhone 5 had declined, causing Apple to slow … Read more

Apple shares slip toward $500 on iPhone 5 demand worries

Apple's stock today dallied with the $500 mark, and not in a good way.

Shares of the iPad and Mac maker closed the day at $501.75, down more than 3 percent, after spending much of the day floating in the $503 range. In the waning moments of the trading day, Apple shares had trended downward as low as $500.07 before rallying in the final five minutes.

As trading on the Nasdaq got under way this morning, Apple did very briefly hit $498.51 a few minutes after the opening. The share price had been slipping notably in … Read more

Is Apple fading or rebounding? Pick your analyst

Apple's prospects are dimming! Wait, the company is poised for a comeback! It all depends on which analyst you choose to listen to these days.

In an investors note released yesterday, Citi analyst Glen Yeung lowered his rating on Apple stock to Neutral from Buy. Citi initiated coverage of Apple last month, issuing a Buy rating based on an expected recovery from the stock's then "near-term trough."

But with the share price now below $500, Yeung now sees the "likelihood of any near-term rally as diminished." Though he expects the stock to eventually rebound, … Read more