Despite Thursday’s massive drop, there are still stocks worth buying. Cramer lays out the best type to own.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.
In my earlier post, I talked about the Street's expectations for Google. Now, I'll focus on Apple. The company suffered much the same thing as Google, these past few months, when it came to the iPhone and the exuberant expectations around this product. We knew it was going to be big; important; game-changing; huge; fill-in-the-blank with the adjective of your choice.
Now that the major tech earnings parade has largely passed by, I have a chance to reflect on some bizarre developments swirling around both Google and Apple. This is the first of two blogs today, but I'll focus here on Google. It's interesting to note, that both companies are caught in a strange whirlpool of shifting euphoria, great expectations--and then punishing share-price brutality when performance doesn't match up with what the experts were looking for.
Everyone's talking about Facebook's new CFO, Gideon Yu, snatched from YouTube, where he helped negotiate YouTube's sale to Google. Yu clearly knows how to find a buyer for a hot property, and Facebook is hot, it's been valued as high as $8 billion. But Facebook has some other serious business going on today.
Gideon Yu, 36, became chief financial officer of video-sharing sensation YouTube in September of last year, shortly before the company was acquired by Google in a $1.65 billion deal.
Campaigning by Democratic candidates ground to a halt Monday as their focus shifted to preparing for the first presidential debate in which the questions are posed by members of public via Internet videos.
Dutch navigation systems company TomTom plans to buy its main supplier of digital maps, Tele Atlas, for 2 billion euros ($2.8 billion) in cash, the companies said on Monday.
With the Dow closing at its milestone of 14,000 yesterday, the Nasdaq reaching 6 1/2-year closing highs, and the S&P soaring to record heights, investors anxiously await next week’s 8-Dow stocks and 168 S&P reports.
Investors picked up where they left off a week ago, as stock prices hurtled to new highs with the Dow Industrials setting another milestone, but a Friday selloff kind of spoiled the mood.
Stocks closed sharply lower after earnings disappointments from Caterpillar and Google, as well as continuing concerns about the subprime mortgage market weighed on the major averages. "The market is getting ragged," said Phil Roth, chief technical market analyst at Miller Tabak.
A surprise jump in hiring and operating expenses shook investor confidence in Google for the second time in its three years as a public company, sending its shares down 6 percent on Friday.
Both Caterpillar and Google missed their quarters, but Cramer isn’t ready to give up on them yet.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.
Tech earnings for the week are in the books and we now all get to look ahead to Apple Inc.'s earnings next Wednesday. But reading the tea leaves from some of the biggest names reporting this week may signal a pretty good uptick in tech. And despite NASDAQ's declines today, some positive trends are developing that may signal a nice opportunity for investors.
Google reported its second quarter results after markets closed Thursday, posting a 28 percent rise in quarterly profit that fell short of consensus expectations -- despite rapid international growth and market share gains. Eric Schmidt, chief executive of Google, cited a "seasonally slow quarter.”
Earnings misses by tech darling Google and Caterpillar, one of the Dow's power drivers, are adding to a wobbly opening on Wall Street. Citigroup though is a bright spot with a better than expected 18 percent profit gain and record revenues from investment banking and overseas business.
Web search leader Google said Friday that it would participate in an upcoming wireless spectrum auction if the U.S. Federal Communications Commission added a key condition.
Social networking isn't enough. Now there's a new online technology called "social broadcasting". A company called Now Live (nowlive.com) allows you to host an Internet based interactive talk show. Using a regular phone line--Google Talk, or Skype--you can broadcast (or simulcast) a talk show or conversation over the Internet--depending on who's doing the talking. And, all the other Now Live users you invite in can share pictures and video as well. I suppose it's like a super high-end version of video conferencing.