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This Week’s Blog
March 3, 2014 6:13 am
Facebook and WhatsApp. Why did Facebook acquire WhatsApp? The announcement of the acquisition spawned on a slew of finance, tech, and business bloggers to chime in with their speculative thoughts on the Facebook/WhatsApp marriage, and give their opinion as to why Facebook acquired WhatsApp. Why? First, let’s look at a few potential reasons why Facebook would acquire WhatsApp … for 19 ba- ba- billion dollars, in an acquisition that we saw cause an immediate 2% decline in Facebook’s stock price right after the acquisition. Was the ‘Why’ for this acquisition: Monetization? Coolness Factor? Facebook to try to avoid the MySpace graveyard? Growth?... READ MORE
The MyGenLoves index is a stock index created by Fox on Stocks to show how my generation’s preferences and buying habits affect stock prices.
The MyGenLoves index is calculated based on the stock price of 20 companies that are currently hot in the eyes of kids in my generation. We take those 20 companies, track their stock price every day, and weight and calculate an index number each day.
How can you use the MyGenLoves index?
You can use the MyGenLoves index just like the Dow, the S&P500, and other indexes are used….. that is, you take one day’s number and compare it to another to see if the index is going up or down, allowing you to see stock market performance at a quick glance.