Investors on Friday cheered news of an interest rate cut in China and the possibility that Europe's central bank will step up stimulus efforts in the region. "What it suggests is that these central banks are prepared to do even more to stimulate growth, to stimulate demand, and that always equates to better stock markets," said Quincy Krosby, a market strategist at...» Read More
Google cracked $700 a share this morning, just three weeks after surpassing $600 for the first time. Sure, as Google becomes more valuable, these $100 milestones will get easier to achieve, but you can't discount a 16% move by a company worth over $200 billion in under a month. It's significa
You gotta hand it to the folks over at Goldman Sachs, but particularly Brent Bracelin at Pacific Crest Securities who issued a note on Oct. 8, raising his estimates on Dell and singing the company's praises as it emerges from a financial purgatory gripping the company for more than a year.
Walgreen plans to put kiosks that can make DVDs of popular movies in drugstore photo departments next year, using a new system that would increase selection while avoiding piracy.
Microsoft shares soared to a six-year high Friday, after issuing a muscular first-quarter earnings report and raising its full-year earnings guidance the day before.
Microsoft posted a rise in quarterly profit, boosted by healthy demand for personal computers loaded with its Windows operating system and strong sales of its "Halo 3" video game.
It's not often I do a double-take when I read a financial earnings report, but I had to make sure I was looking at Microsoft's numbers and not some other company's. The company beats by 6 cents a share; 45 cents instead of the 39 cents the Street was expecting.
Singer-guitarist Walter de Castro couldn't believe his luck when he found out his band's song "The Core" would be featured on "FIFA 2008," the Electronic Arts popular soccer game.
Microsoft has momentum as its friend when it comes to the game console business. Finally. Halo 3 has been like a magic elixir for Xbox 360, by some measures tripling console sales in the wake of the title's release, and for the first time, Microsoft beat sales of Nintendo's Wii during the month of September, selling an average of 105,600 units a week last month.
The pressure was on for Apple following the big-time run in these shares these past several weeks. These shares rallied into today's earnings news. The research firm Caris just this morning took the bold step in raising its target to $200.
Sources I'm talking to at the company suggest that an announcement could come soon that Microsoft will unveil a new version of Xbox 360 featuring a built-in HD-DVD player and HD tuner. The device might be officially unveiled during Bill Gates' keynote at the upcoming Consumer Electronics Show in January, which could be a bummer since it misses this upcoming Holiday Shopping season.
Steve Jobs has a message for third party software developers who have largely been shut out of the iPhone extravaganza: Call Us Up! In a sharp reversal to an earlier policy, and in an open letter from Jobs posted on Apple's web site, the company is now inviting software developers to create applications for the iPhone that would live on the iPhone's memory and not on the web.
Check a chart of eBay these last three months and you'll see a company in rally mode; a rally that is continuing in a big way today and today's momentum comes from an ironic source. Earlier this quarter, eBay wrote down its Skype investment by about 50%...
The news from tech seems pretty good at first blush, and it's coming from some surprising places. Most notably, the news from Yahoo and the shares are reacting nicely. More than nicely. Yahoo shares scampered 10% as this news trickled out, and I have to say, I'm surprised.
IBM posted a 6 percent rise in quarterly profit on strength in its services business, but profit margins narrowed.
Well, it's about time. That might be the familiar refrain coming from Apple investors as well as the Mac faithful who had to give up Leopard's place in the development line in favor of the company's new favorite flavor, the iPhone.
Microsoft said Tuesday it expects its unified communications product - the company's effort to link e-mail, instant messaging and phone systems over Internet networks - to become one of the fastest-growing segments of its $16 billion business division.
This will be a giant week for tech stocks and tech investors, beginning with three huge names reporting earnings Tuesday: Yahoo, Intel and IBM. So rather than focus on what these companies HAVE reported, I thought I'd focus on what to expect instead.
Here's part two of my what to expect posts on tech earnings this week: At Intel, a decidedly more upbeat outlook for the world's largest chipmaker Intel: The company took the unusual step of hosting a mid-quarter financial update a few weeks ago, raising its outlook and narrowing its gross margins to a healthy 52%.
Here's part three of my outlook for tech earnings this week: IBM might be the dark horse suitor to step in and snap BEA Systems right out from under Oracle. That could come up on the company's conference call.
Is there no end in sight for Google and its shares? Last week when the company was oh-so-close to $600, I wrote that price targets would be on the move now that the company was teasing investors with yet another key milestone on its journey to the stratosphere, and sure enough, Bear Stearns revised its 52-week target to $700 just two days later.
Matt Hunter is the senior technology editor at CNBC.com.
Cadie Thompson is a tech reporter for the Enterprise Team for CNBC.com.
Working from Los Angeles, Boorstin is CNBC's media and entertainment reporter and editor of CNBC.com's Media Money section.
Jon Fortt is an on-air editor. He covers the companies, start-ups, and trends that are driving innovation in the industry.
Josh Lipton is CNBC's technology correspondent, working from CNBC's Silicon Valley bureau.
Mark Berniker is CNBC's Silicon Valley/San Francisco Bureau Chief covering technology and digital media.
Immigration reform that entrepreneurs and tech companies need has bipartisan support, a venture capital group said.
PandoDaily editor spoke out after Uber executive Emil Michael reportedly singled her out in comments about targeting a journalist.
The policy of an "open Internet" would have so many negative implications, says Cisco CEO John Chambers.