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Struggling tech companies have failed to acquire "cult" status in an oversaturated market and the successes of Google, Facebook and Apple in particular are largely due to their massive followings in a "cult-based economy", Keith Woolcock, Partner at 5th Column Ideas, told CNBC.
Tonight’s top stories: Markets bounce back after down spell, Dow has best day in a month. Wall Street reaction to Google’s two for one stock split. Best Buy investigation into CEO behavior continues. Will we see a black CAT on Friday the 13th? Video game sales continue decline.
The problem with Sony's reorganization is it seems structured for yesterday's problems, not tomorrow's
Stocks rallied for a second session Thursday, recouping from the recent selloff, boosted by stronger prospects for GDP growth in China and amid hopes for further monetary easing.
Sometimes it takes an activist investor slate of directors to engineer a rebound in a technology firm potentially headed the way of the dinosaur. That may not be the case at floundering solar company First Solar though.
The Fast Money traders always enjoy hearing from you. Following are your questions about Bank of America, gold and more. Here's what they had to say!
How to trade China's GDP number, with Andy Busch, BMO Capital Markets. Credit Suisse increased its price target for Apple from $700 to $750 and Qualcomm from $70 to $80, with Kulbinder Garcha, Credit Suisse managing director.
Sleeper bestseller “50 Shades of Grey” may be bringing new attention to erotic fiction, but the economics of erotica are black and white.
Here's what people are talking about tonight: Former Grateful Dead guitarist Bob Weir inks music streaming deal with Yahoo and Google's upcoming earnings.
Since the S&P 500 touched a multi-year high on April 2, the index is down about 3.8 percent. Should investors use the selloff as a buying opportunity?
Stocks closed higher Wednesday, helped by an upbeat start to earnings season and the Fed's latest Beige Book report, giving investors a chance to breathe a sigh of relief following a string of declines.
CNBC's Jon Fortt has the details of the federal action against Apple regarding the e-book market.
Google's shares "tanked" the last time the Internet search giant reported earnings but "I don't think that's likely to happen this time," Citigroup analyst Mark Mahaney told CNBC Wednesday.
As Best Buy works on hashing out the terms of CEO Brian Dunn’s resignation, speculation continues about who ultimately will lead the company.
CNBC's Hampton Pearson offers insight on the government's lawsuit against Apple.
The U.S. government has filed an antitrust lawsuit against Apple and various electronic book publishers, claiming they conspired to raise prices and limit competition.
U.S. stock index futures were higher Wednesday following five consecutive days of declines and after Alcoa kicked off the earnings season on an upbeat note.
Take a look at some of Wednesday’s morning movers:
Here's what people are talking about tonight: Best Buy CEO resigning in the midst of a company probe, where the Dow is headed and Alcoa's stellar earnings.
The “Mad Money” host said he understands the negatives plaguing the market, but added it’s no time to panic.