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
When Google's Gmail service went dark last night for about 90 minutes, cutting off millions of users from their email, it shone a bright light on the promise--and problems--of so-called Cloud Computing.
With commodity prices coming down, many parts of the market can start their return ascent.
Stocks finished with modest gains as oil dropped modestly, continuing their almost-perfect inverse relationship on a day that also saw the further resurgence of the dollar and solid gains in technology.
The moment I first saw Amazon's Kindle electronic book reader, I thought, "Oh wow, here's a product searching for a market, rather than an innovation addressing an unmet market need." Flash forward to today as Citigroup doubles its Kindle sales projections, from 190,000 to a whopping 380,000 units this year.
Citigroup said on Monday that Amazon.com's Kindle electronic book reader appears to be selling much better than expected and could double a previous estimate for units sold this year, sending shares in the online retailer up 9 percent.
Stock index futures pointed to a lower start for the week on Wall Street as oil prices climbed on fears of the affects on energy markets of the war between Russia and Georgia over the South Ossetia region.
When Apple was preparing to launch its "app store" for iPhone, the online software marketplace of free and for-sale third party developer applications, I suggested then that this was potentially the great hidden gem in the iPhone story. That App Store might some day rival iTunes as a revenue stream.
After introducing guest trader Zach Karabell, aka "The Academic," the gang immediately dives into the main lesson learned after stocks soar to end the week (the highest close since June). The dollar also "exploded," with its biggest jump in 8 years against the euro. "Currencies typically do not move like that," says Dylan of the USD's 3.3% gain this week. The S&P 500 also had its best week since April, due in part to the commodities pullback -- it ended the day up 2.4%.
Stocks rallied Friday as a more than $4 a barrel drop in oil prices offset the drag of Fannie Mae's earnings miss. It's going to be the same story next week: Energy prices. Even if there are disappointments in CPI or Wal-Mart's earnings, investors are expected to overlook them as the drop in gas prices puts more money in consumers' pockets.
Eight iPhone owners have joined an elite clan according to a report by the Los Angeles Times: Their Apple gadget is running a program that cost nearly $1,000.
Put this one into the, "You Gotta Be Kiddin' Me," file. But it's gotten so serious that Apple Inc. was forced to take action.
A week from today, LucasFilm and Warner Bros. will unleash "Star Wars: The Clone Wars," the latest installment of the Star Wars money-making machine. And with it comes the spotlight on cool technologies.
Kevin Cronin, Putnam's head of investments, thinks technology is the way to play the current feeble market environment.
Stocks advanced Tuesday, building on the prior session's rally, as a drop in oil prices and encouraging outlook from Cisco helped offset disappointment in Freddie Mac's results.
The S&P 500 has moved further into positive territory led by tech giants. Here's what they are contributing.
As we enter day two of the qualifying rounds, all major indices were down but Australia's ASX has taken the lead, followed by India's Bombay Sensex. In our poll's early voting, many of you suggested that Israel's T25 might be in contention for a medal despite a rough couple of days. Here are some stats and stocks from Israel.
Anadarko Petroleum said on Monday that its second-quarter net income dropped sharply on losses related to hedging, and year-ago results included a big gain for asset divestitures.
Tropical Storm Edouard forced shut a huge U.S. offshore oil port, a refinery, some oil production and disrupted shipping as the storm raced toward the Texas-Louisiana coast on Monday.
In the first 10 days after Apple opened its App Store for the iPhone, consumers downloaded more than 25 million applications, ranging from games like Super Monkey Ball to tools like New York City subway maps. It was nothing short of revolutionary, not only because the number was so high but also because iPhone users could do it at all.
It's late Sunday night and I've got a very tired 7-year-old boy in the back seat of my car. Driving home from the media screening of the upcoming "Star Wars: Clone Wars" animated feature due in theaters Aug. 15.