U.S. stocks declined despite positive data as weak Amazon earnings and concerns over continued unrest in Ukraine and Gaza weighed on markets.» Read More
Facebook's record close on Thursday, fueled by earnings, added $1.6 billion to CEO Mark Zuckerberg's bottom line. USA Today reports.
Asian equity markets finished mostly higher on the final trading day of the week following another record close for the S&P 500 overnight.
Chinese companies have been pouring money into Silicon Valley, joining a parade of financiers seeking to participate in the latest boom.
*Caterpillar drags on Dow; Facebook at record on results. *Amazon shares fall after market's close; Baidu rallies. NEW YORK, July 24- U.S. stocks finished a quiet session mostly flat on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high.
Does Instagram have a Snapchat competitor up its sleeve?
*Caterpillar drags on Dow; Facebook stock at record on results. NEW YORK, July 24- U.S. stocks ended a quiet session on Thursday as earnings painted a mixed picture of the economy, though the S&P 500 set another record closing high. Recent gains on Wall Street have been fueled by earnings, which have been strong this quarter.
U.S. stocks closed little changed on Thursday, with the S&P touching highs, as investors weighed mostly upbeat earnings and mixed economic reports.
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Royal Caribbean Cruises Ltd., up $4.33 to $60.56. Under Armour Inc., up $8.92 to $69.55.
Mark Zuckerberg held preliminary talks with Uber about possibly integrating the rideshare service with Facebook Messenger. Re/Code reports.
*Caterpillar weighs on Dow, Facebook hits record on results. NEW YORK, July 24- U.S. stocks barely budged on Thursday as corporate earnings painted a mixed picture of the economy, though the S&P 500 eked out a record intraday high for the third straight session.
CNBC contributor Herb Greenberg, discusses the stock performance of Twitter and Facebook, and the likelihood Facebook will solely own the mobile space.
Some of Thursday's midday movers:
Apple Inc. fell. 2 percent to $97.03 with 44,545,900 shares traded. Ariad Pharmaceuticals Inc. rose 5.2 percent to $6.18 with 26,030,200 shares traded. BlackBerry Ltd. rose 5.6 percent to $10.38 with 31,147,300 shares traded.
Shares of Facebook are soaring today after blowout earnings. CNBC's Julia Boorstin reports Sheryl Sandberg is optimistic about the promise in new premium video advertisements.
Shares of Facebook hit a record high after a surge in mobile advertising revenue helped the world's No. 1 social network trounce analysts' estimates.
Retailers have been trying to get a fresh read on the consumer and can't afford to sit back and wait for consumers to get out of their funk.
Dan Niles, AlphaOne Capital Partners, explains why he thinks Facebook is the best Internet stock. They still haven't scratched the surface of other things they can do, says Niles.
Mark Mahaney, RBC Capital Markets managing director, discusses the future monetization of Facebook and if they are taking share from Google in the mobile ad market. Mahaney says Instagram monetization and autoplay video ads can add $1 billion to Facebook's top line.
Henry Blodget, Business Insider editor-in-chief & CEO, discusses Facebook's "staggering" quarterly earnings and the social networks innovation. CNBC's Jon Fortt provides perspective.
CNBC's Julia Boorstin reports Facebook COO Sheryl Sandberg says the company's unique personal ads and investments in tech are really paying off.