First up is Apple (AAPL), which is currently down fractionally. This will be day-two of Apple's annual developer's conference. Yesterday, as expected the company unveiled a new iOS for mobile devices, as well as a streaming music service. By the way our poll question yesterday was, which would be more important for Apple? People seemed pretty evenly divided with the streaming service winning out by just 1-point. As for Apple's performance during previous conferences, our partners at CNBC crunched the numbers and found shares dropped in each of the past 5-years. In fact they fell more than 5% three times.
Next is Facebook (FB). It was up 4.5% yesterday. Speculation began to swirl yesterday that the social network may soon be added to the S&P 500. The company has also been receiving upgrades like ones from analysts at Stifel and Topeka Capital. J-P Morgan also reiterated that it has Facebook as an overweight. Even with yesterday's rise, Facebook shares are down 13% year-to-date. They'reRead More »from All Eyes on Apple Conference; Facebook’s Big Gains; Diamond Foods Sparkles