Asian stock markets turned mixed on Wednesday as profit-taking and geopolitical concerns offset a positive lead from Wall Street overnight.» Read More
Stocks whipsawed back into positive territory after regulators in the US and Europe took aim at short sellers and progress continued toward resurrecting the Resolution Trust Corporation to dispose of bad bank assets.
Seinfeld wasn't "fired," or "canned," or "cancelled," or "let go." The company said from the early going that the Seinfeld commercials were "teaser ads" meant to stir conversation and debate, and tee up this next round of ads.
It's not often that a company like Palm enjoys "bellwether" status, but such is the unusual result of these crazy times on Wall Street where investors are breathlessly searching for any kind of sign post they can find.
Research in Motion Ltd. will add new carriers in fast-growing emerging markets, and does not yet see an adverse impact from a widening global financial crisis, its co-chief executive said on Thursday.
CNBC Contributor David Pogue says that Microsoft's new Zune is no longer just an iPod clone.
Find out what strategies the Fast Money traders are using to navigate this murderous market!
Wall Street suffered another beating Wednesday at the hands of investors panicking over the state of large banks, as they flocked from stocks and sent safe-haven areas like gold soaring.
Google will hardly be a me-too vendor. I'm sure the new HTC "Dream" phone will be feature-rich. But how it looks and how it feels might eclipse what it does since there are so many other options out there for consumers right now.
T-Mobile plans to show off the first wireless phone powered by Google Inc.'s much-anticipated Android software system at a Sept. 23 news conference.
This has been a crazy week on the markets, and it's still only Tuesday morning out here in Silicon Valley. But look no further than the stalwarts in the PC business, like Apple, Hewlett-Packard and Dell to see a new kind of volatility index.
Best Buy is paying $2.65 per share--almost twice where Napster's stock ended the week last week--but it's still not a huge chunk of change for the retailer. And its good news for Napster investors, getting a premium for the stock after reporting a $4.4 million loss last month.
Consumer electronics retailer Best Buy Co. posted a steeper-than-expected drop in quarterly profit as it spent more than planned to bolster its stores, sending shares down 5 percent.
Don't believe the hype – this rally was real. Here's why.
We almost certainly would have broken through the important 1,200 level on the S&P 500 had there not been a report that the feds have asked Goldman and JP Morgan to lead a $70 to $75 lending facility for AIG; this took AIG and the markets off their lows just after 3:30 ET.
The decline of Lehman Bros. and Merrill Lynch is rippling outward and the technology sector is being rattled. Large-cap tech stocks took a hit on the open -- though some have regained their footing.
If Electronic Art's unsolicited bid for Take-Two Interactive sounds a lot like Microsoft's unsolicited play for Yahoo — complete with both EA and Microsoft ultimately walking away — think again.
The Dow closed lower on Friday as investors grew increasingly nervous about the uncertainty around Lehman Brothers.
Increasing optimism about loans to the U.S. auto industry helped drive major indexes out of negative territory. General Motors was the top gainer on the Dow Jones Industrial Average and S&P 500, while Ford was among the top gainers on the Nasdaq.
For the week ending Friday, September 2, 2008, the major U.S. Indices finished up for a week marked with the demise of more financial stocks, sluggish Retail Sales data, a steeper than expected decline in Pending Home Sales, and a looming hurricane in the Gulf of Mexico. Volatility continues to dominate the markets as the Dow posted a 2 day consecutive up/down point move of 569 points on Monday and Tuesday (up 289 and then down 280), its largest 2-day up/down point swing since June 6. The CBOE Volatility Index (VIX) which measures market uncertainty reached an intraday high of 26.67 on Friday.
On a week where Financials dominated the market, Freddie and Fannie lost over 90% of their share price, followed by Lehman at a loss of almost 78%; the markets still managed to close positive on the week.