Facebook’s innovation engine may have stalled, but Mark Zuckerberg has been revamping the way it creates and distributes new services. NYT reports.» Read More
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.
A summer stock rally has ended with a thud as investors—once optimistic that the worst was finally over—are now fretting that the worst is yet to come.
Over the past few weeks, several Wall Street kernels have popped when it comes to Apple. And this morning, Pacific Crest Securities' Andy Hargreaves focuses on Apple's iPhone and its momentum in the marketplace.
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.
Stocks rose on Thursday as another decline in the price of oil buoyed hopes that consumer spending will recover. Also financial shares bounced back from a sharp two-day sell-off.
Two mega-investors -- Warren Buffett and Carl Icahn -- made major portfolio shifts.
An Infineon chip could be the root of complaints from around the world that Apple Inc.'s new iPhone drops calls and has unpredictable Internet links, according to a research report from Nomura.
Apple's numbers have long been staggering; the way this company has grown; the way it continues to beat the Street; the way new products fly off shelves; the way Apple generates profits. But nothing is more staggering than Apple's market cap.
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.
The Dow declined by triple digits on Wednesday with financial shares selling off for a second straight day on fresh concerns about the widening impact of the mortgage crisis.
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.
Banks stocks dragged down the broader stock market on Wednesday with Merrill analyst Richard Bernstein writing the credit crisis is “far from over.”
This is another Apple Inc. story working its way through the blogosphere at break-neck speed, spreading like a fungus in a damp swamp of conjecture, fear and a noticeable lack of details.
Saddam Hussein's 270-foot long yacht is being returned to the Iraqi people, according to Sail World. That's after a French court ruled in favor of the Iraqi government, and against a Cayman Islands firm partly owned by Jordan's King Abdullah.
Firefighters have contained a blaze that has burned for about three hours at the headquarters of computer maker Apple.
Best Buy will start selling the iPhone on Sept. 7, becoming first U.S. chain to do so outside of Apple's and AT&T's own stores.