All Carl Icahn wants is for Apple to spend $50 billion to buy back shares. Instead, Apple blew $200 million this week on the social media bubble.» Read More
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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.
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
Google faces a federal patent infringement lawsuit by Northeastern University over technology used in its core Web search system, according to legal papers filed last week.
US stocks closed sharply lower Friday on an incessant stream of bad news in financials and technology that bled over into the rest of the market.
I don't think our generation will ever get used to seeing an SUV, a pick-up, a big truck or even a Prius, driving down the road without a driver at the wheel. I know that as I watched car after car trek down the course at the big DARPA autonomous car challenge at an abandoned Air Force base in Victorville, California last weekend, I felt weird. Each time.
The tech stock is down after comments from the CEO. But Cramer isn't worried: “I think Cisco is going to come roaring back.” 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.
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?
Som midday observations: 1) Despite being grilled on the weak dollar, higher inflation, and the subprime crises and what he is doing about it, Bernanke has said little new. He says that economic activity has remained "resilient" but that "financial market volatility and strains have persisted." He seems to want to keep all his options open for December.
Good, but not good enough. Cisco shares are on the decline after market after the company reported a nice top and bottomline beat. Trouble is, shares have jumped 14% over the past quarter, 38% over the past year, and with a run like that, it appears the Street was looking for something a whole lot better.
Yahoo mobile chief Marco Boerries is racing to lock down phone distribution deals that could deliver hundreds of millions of advertising customers before Google's own mobile strategy ever takes wing.
Silicon Valley is no stranger to innovating new technology. And if investors tend to go where the talent is, and talent goes where the money is, it's safe to say that Silicon Valley is trying hard to re-invent itself as the world's eco-innovation headquarters.
Google grabs headlines daily for its entry into the mobile handset space. But if GOOG just seems too expensive, there’s another way to trade the mobile sea change.
Shares in Alibaba.com more than doubled in their trading debut on Tuesday, topping expectations, after China's largest e-commerce firm raised $1.49 billion in Hong Kong's most popular initial public offering.
Stocks ended higher as record oil prices boosted shares of Exxon Mobil and other energy producers, while technology shares rallied on optimism ahead of Cisco's earnings.
This year's best-performing stocks have the best-looking balance sheets, punctuating investors' diminished appetite for risk-taking in the wake of the credit and housing-market turmoil.
For some time now, the watchword in investing has been "value." As a result, some fund managers think, the prices of growth stocks have slid to bargain levels. Tom Ognar, portfolio manager of the four-star Wells Fargo Advantage Growth Fund, agrees.
Another big day for Google and its shareholders, thanks to Sanford C. Bernstein and its new $850 target on the stock. This of course comes a week after David Garrity at Dinosaur Research unleashed a $985 target.