Too Many Companies Are Paying Too Much for Stock Buybacks

Smart long-term investors know that they shouldn’t try to time the market. But based on the way public companies been handling their recent record-setting share buybacks, it looks like corporate America hasn’t learned the same lesson. It’s a long-standing rule of thumb that someone investing in, say, a retirement fund, shouldn’t base their investing decisions […]

Pay Less Attention to Uber’s IPO. And Everyone Else’s.

This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. I’m bored with IPOs. Permit me to explain. In my Silicon Valley formative years, just before the inflation of what came to be known as the first Internet bubble, […]

Data Sheet—Pay Less Attention to Uber’s IPO. And Everyone Else’s.

I’m bored with IPOs. Permit me to explain. In my Silicon Valley formative years, just before the inflation of what came to be known as the first Internet bubble, participants in capital markets understood initial public offerings for what they were, financing events. Fledgling companies raised a small amount of venture capital, investments they got […]

How Intel Is Trying to Win Back Investor Confidence

Intel’s new CEO Bob Swan continued his campaign to reset expectations about the chipmaking giant, but with limited success. Hosting its first investor day in more than two years, Intel invited Wall Street analysts and fund managers to its Santa Clara, Calif. headquarters for three hours of presentations and speeches. The aim was to convince […]

Apple’s Stock Price Rising, But for How Long?

This article first appeared in Data Sheet, Fortune’s daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. I sympathize with the average investor who isn’t aware of the market’s odd ways on days like Wednesday when it comes to Apple. The once-again nearly trillion-dollar company reported […]

Data Sheet–Apple’s Stock Price Rising, But for How Long?

I sympathize with the average investor who isn’t aware of the market’s odd ways on days like Wednesday when it comes to Apple. The once-again nearly trillion-dollar company reported late Tuesday what common sense would suggest was, in Wall Street parlance, a turd of an earnings report. iPhone sales dropped 17%, revenue fell 5%, and […]