If you're a music lover, you'll fall for Pandora, an online music service that allows its 1 million daily listeners to custom-create the equivalent of a radio station tailored to their taste.
Cramer agrees. Find out why.
Following are the week’s biggest winners and losers. Find out why shares of Amazon and Apple popped while Union Pacific and U.S. Steel dropped.
The market ends the week mixed as oil retreats and the dollar continues to strengthen. The NASDAQ and tech lead the way for stocks, up almost 1.6% for the week, followed by the S&P roughly flat, and the Dow lower for the week by almost a percent.
For the week ending Friday, August 15, 2008, U.S. major Indices finished mixed, after the markets digested negative results including a surge in CPI, a decline in retail sales, and continued expansion in unemployment claims. The Nasdaq Composite prevailed amongst the major U.S. indices, as it edged up 1.59% for the week, marking its fifth week of gains. Nasdaq gains were led by bullish comments on Amazon (AMZN) which gained 7.3% for the week. The likelihood of the eurozone moving toward recession allowed for a stronger dollar against the euro, continued pressure on oil, and a positive impact on U.S. stocks as a potential safe haven.
Two mega-investors -- Warren Buffett and Carl Icahn -- made major portfolio shifts.
Futures dropped as jobless claims were a bit higher than expected, and the Consumer Price Index was higher than expected on both the headline number and core (ex-food and energy).
A down day in Wednesday's market doesn't tell the whole story, Cramer says.
Stocks closed lower, hurt by rising oil prices and fresh worries about the financial sector, though the market ended off its lows for the day.
Firefighters have contained a blaze that has burned for about three hours at the headquarters of computer maker Apple.