Facebook (NASDAQ:FB) shares start off hot Monday than cool off some, but are up more than 20 percent over June, compared with the 3 percent gain for the NASDAQ. A report that FB will introduce a jobs board might have ignited the latest rally. The new board will combine the listings from BranchOut and other third-party platforms; and according to JPMorgan and Topeka Capital the move is not a threat to LinkedIn (NYSE:LNKD), as both analyst groups say that user preferences should maintain separate personal and professional social networking profiles. At the same time, a Wall Street Journal article notes that a minimum of 160 mutual funds purchased Facebook shares in May, including some dividend and value funds.
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Samsung (SSNLF.PK) is said to be readying a release of a Windows RT tablet in October, which features a Qualcomm (NASDAQ:QCOM) Snapdragon CPU. Samsung’s endeavors might well give Qualcomm’s Windows aspirations a boost, while Hewlett-Packard (NYSE:HPQ) recently revealed that it would not release a Windows RT tablet, after earlier implying that it would release a model featuring a Snapdragon.
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