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Stocks closed lower Wednesday following a handful of weak earnings results in the financial sector and strong results from tech giants IBM and Apple, although the iPad maker's shares slipped in afternoon trading. Bank of America and AmEx fell, while IBM rose.
Stocks extended losses Wednesday following a handful of weak earnings results in the financial sector and strong reports from tech giants IBM and Apple, although the iPad maker's shares slipped in afternoon trading. BofA and AmEx fell, while IBM rose.
With bricks, clicks and hardware, find out why Jon Najarian thinks Apple is the best play in tech.
The device will be the first mass market consumer device to offer stereoscopic 3D images without the need for special glasses – something analysts see as critical to the success of 3D in the market.
With no clear catalyst for the move lower, what should you make of the softness in big cap tech land?
With the Nasdaq making its comeback since the March 2009 lows, here are the top names to check out within the tech stock index, said Jerry Castellini, president and CIO of CastleArk Management, and John Merrill, founder and CIO of Tanglewood Wealth Management.
Stocks traded mixed Wednesday amid mixed earnings results from Goldman Sachs and Wells Fargo. IBM rose, while AmEx fell.
The euro has been rising against the dollar all Wednesday morning and is now at a 2-month high. December housing starts a bit weaker than expected at 529,000 (550,000 expected), but permits stronger.
U.S. stock futures were pointing to a lower open, after mixed earnings results from Goldman Sachs and Wells Fargo and mixed news on housing, as starts fell, but permits rose.
Asian stocks opened mostly higher Wednesday, after gains on Wall Street, buoyed by robust earnings for Apple whose stock climbed in extended trade and after target price hikes for Google lifted Wall Street.
Without Steven P. Jobs at the helm, can Apple continue its streak of innovation, particularly in a fast-moving industry? The New York Times reports.
The consumer electronics giant turned in results that easily surpassed Street expectations, as sales of its iPad exceeded the 7 million mark.
With or without Steve Jobs, Cramer is still bullish on this tech giant.
Two of the nation’s most important tech giants reported earnings after the bell. What must you know before you place your next bet?
Stocks ended modestly higher as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
What follows is a roundup of corporate earnings reports for Tuesday, Jan. 18, 2011.
Stocks continued to trade modestly higher ahead of the close Tuesday as strength in energy and materials stocks outweighed pressure from financials in the wake of a disappointing earnings report from Citigroup and ahead of more reports from banks later this week. Boeing and Caterpillar rose, while Verizon fell.
Plus, calls on Apple, the banks and gold.
Apple is down around 3 percent to 4 percent today on the news of a health-related leave of absence for Steve Jobs. There has been much discussion in the media and among analysts about the "Steve Jobs Premium" and what his day-to-day presence is truly worth in terms of market cap and shareholder value.
With Fidelity Investments reporting net retail inflows up 25 percent year-over-year in 2010, John Sweeney, one of the firm's executive vice presidents, told CNBC Tuesday that investors have come back and are engaged in their portfolios.