Stock index futures slide on Thursday.» Read More
They’re the exclusive carrier for iPhone but they’re also facing massive competition from cable. What’s can you expect from AT&T on Wednesday?
Based on the action after hours it looks like a rough open on Tuesday. What's the "Word on the Street?"
Stocks slipped as the bank rally that has stretched four sessions appeared to run out of steam ahead of Wachovia's report. Merck fell following disappointing results from a cholesterol-drug study.
I said it earlier, and I'll say it again: traders trade, investors invest, and those with a longer term time horizon--months instead of weeks; weeks instead of days--will reap the rewards when it comes to Apple.
1) American Express reported a notable miss ($0.56 vs. expectations of $0.83), and it's not hard to see where the bulk of the miss came from. a $600 million ($374 after-tax) addition to U.S. lending credit reserves.
Apple said its current-quarter earnings would be well below Wall Street targets, sending shares down nearly 9 percent after-hours.
Stocks slipped as the morning bank rally fizzled. Merck fell following disappointing results from a cholesterol-drug study.
Stocks slipped as the bank rally that has stretched four sessions appeared to fizzle ahead of Wachovia's report. Merck fell following disappointing results from a cholesterol-drug study.
The fact is, Apple has beaten the Street for the past seven straight quarters, and there's every indication that the company will do so again this time around. And yet the stock still languishes.
Stocks advanced, led by a fourth straight rally in bank stocks after Bank of America beat expectations. News of a potential pharma deal also gave the market a boost.
Apple earnings, which are scheduled to come out after the bell Monday, are expected to fall within a range of 99 cents and $1.17 a share, according to analysts surveyed by Thomson Financial.
For eight years, Arnold Kim has been trading gossip, rumor and facts about Apple, the notoriously secretive computer company, on his Web site, MacRumors.com. Dr. Kim’s Web site now attracts more than 4.4 million people and 40 million page views a month, according to Quantcast, making it one of the most popular technology Web sites.
European stocks were set to inch higher on Monday, extending a three-session rally, as investors brace for a flurry of corporate earnings from U.S. bellwethers such as Apple , Merck and Bank of America.
Stocks are casting a wary eye on oil and, lacking any dramatic events, earnings news could steer the market.
Stocks finished the day mixed, as disappointing earnings from Microsoft and Google dragged down techs, but gained 3.6 percent for the week, helped by a rally in bank stocks and a sharp drop in oil prices. Oil ended the week down 11 percent at $128.88 a barrel.
For the week ending Friday, July 18, 2008, the U.S. markets saw extreme volatility yet settled higher on better-than-expected earnings results, a pullback in crude oil, and an indication that the Fed will hold interest rates steady. Nonetheless, the Dow had its best week since April 18 and its best 3-day percent gain since March 2003 even after closing below 11,000 for the first time since July 2006.
Options action has revealed an interesting new development in tech ahead of earnings from Apple, Yahoo! and Amazon. Jon Najarian explains.
Sixty eight million unique users watched YouTube videos in May, streaming 3.8 billion videos. TiVo's hoping this will be a key factor differentiating their service from all the other DVR services cable companies and the like now offer.
With the frenzy of the new 3G iPhone release squarely behind us investors are focussed on those all important Apple earnings due next week.
Apple is the latest company to find a silver lining in cloud computing. Its new MobileMe service ($100 a year) is an overhaul of a suite of Internet features that used to be called .Mac.