Apple new mobile payments system is winning over financial industry heavyweights, signaling the likely demise of lesser payment alternatives.» Read More
Keith Wirtz, president and chief investment officer of Fifth Third Asset Management expects at least a couple of large-cap winners to stay in the winning column in 2008, including Apple.
Stocks closed sharply lower after a brokerage downgrade of Citigroup sparked concerns that there may be more mortgage losses to come, raising doubts about the outlook for the economy.
XM Satellite Chairman Gary Parsons told CNBC he is hopeful about federal regulatory approval for the company's proposed merger with Sirius Satellite Radio.
A video made by the Writers Guild is circulating the web. As of now it's been seen 111,000 times on Youtube. It dramatically argues that the studios are cashing in on digital distribution and the writers aren't getting a penny. It starts with Disney CEO Bob Iger saying that Disney has about $1.5 billion in digital revenues.
It was a kind of "stop the presses!" moment when Warner Music boss Edgar Bronfman took the stage earlier this week at the big GSMA Mobile Asia Congress in Macau, telling the assembled guests that they should embrace the model put forth by Apple Inc.
Tuesday's rally has opened a buying window that won't be around forever.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Global sales of microchips are expected to increase 7.7 percent in 2008, accelerating from a raised growth forecast of 3.8 percent this year, an industry group said Wednesday.
China Mobile is in talks with Apple about bringing the iPhone to China, but no agreement has been reached yet, the telecom's chief executive said Tuesday.
Stocks rebounded from four days of losses, buoyed by a recovery in technology shares, optimism over Wal-Mart Stores' solid profit and an easing of concerns about credit losses atmajor banks.
Call it Turnaround Tuesday: under-bought, over-sold, bottom-fishing, bargain-hunting. Whatever it is, it seems rally-time is finally hitting tech stocks. How long it will last is anyone's guess, but looking at the wacky whiplash these stocks have suffered over the past week, today's action is welcome indeed for anyone long in tech.
Microsoft's new family of Zunes is generating quite the buzz this week: new colors, new capabilities, and for the first time since Zune's original release, talk that Microsoft--dare I say it?--could close the gap with Apple and the iPod. Or not.
Adobe Systems said on Monday it will replace Chief Executive Bruce Chizen with Chief Operating Officer Shantanu Narayen, a surprising move that sent the software maker's shares down 3 percent.
Guarded optimism poured into the stocks of two major retailers Monday, lifting them ahead of earnings reports that could impact Tuesday's trading day. Other stories to watch Tuesday include the big Merrill Lynch financial services conference, energy options expirations, pending home sales data and the NFIB small business survey. Currency and commodities are markets to watch.
Airlines stocks take flight and another brokerage flirts with collapse. With the price of oil slightly retreating and the holiday traveling season revving up, airline stocks may enjoy a profitable winter season.
Chalk one up for Intel Corp. The world's largest chipmaker is out to get bigger by getting smaller, thanks to the release today of its new "Penryn" family of microprocessors. These are the first to rely on a material called Hafnium, instead of the tried-and-true silicon that gave Silicon Valley its name
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
If you've been following the Writers' Strike gripping Hollywood--and how can you not since it might be the single biggest entertainment business story of the year--or even if you're somebody who just watches TV, sickened that a strike will cut short your favorite shows like "Grey's Anatomy" or "24", you're not alone.
Stock investors may be able to pay attention to at least some fundamentals Friday if the relative calm of Thursday's close is any indicator for Friday's action. (Note I said "relative" after the perfectly stormy day for Wall Street Thursday.)
Technology stocks in the past week have gone almost unscathed while financial stocks continue their freefall. But, the bull run ended Thursday with tech heavyweights Google and Apple on the down side.
You hear it? That strange hissing noise? Sssssssssssss. It's coming from the tech sector. What a mess. A lot of me says you knew this just had to happen, that some of the air had to come out of some of these shares. But this much?