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As one success follows another, Apple finds itself in a bewildering position. As the tech industry’s perennial underdog, Apple was frequently scorned and dismissed by larger and more successful competitors like Microsoft or Dell. Now, with growing frequency, the company is seen by competitors and other industry players as a bully. The NYT reports.
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The Dow squeaked out a gain Wednesday after the Fed renewed its pledge to keep rates low and offered a statement with no surprises.
What follows is a look at stocks in the S&P 500 displaying unusual volume in today's trading session.
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More disappointing economic news sapped stock prices Tuesday, making the Fed's comment on the economy Wednesday a bigger event than it might otherwise have been.
Stocks fell sharply Tuesday, dragged down by disappointing housing data and weakness in energy shares.
Stocks fell further in late trading Tuesday as energy stocks dragged and technology and health care stocks were higher.
This has been a difficult few quarters for Adobe. Not financially, but technically. At least if you believe the folks at Apple, particularly Steve Jobs who put a very public face on what he says are Adobe's severe technical shortcomings when it comes to Flash.
Stocks declined Tuesday after a surprise drop in existing-home sales. The dollar rose agains the euro and commodity stocks weakened.
U.S. stock index futures struggled to find direction ahead of the open Tuesday as euphoria over China's pledge to allow the yuan to appreciate faded.
Stocks retreated Monday afternoon as a China-fueled rally petered out. Alcoa was still up sharply.
Stocks pared their gains, but were still higher Monday after China said it would allow its currency to appreciate against the dollar, a move that could provide a boost for U.S. manufacturers, exporters and commodities.
A number of reports coming next week might tell us what to expect come July.
Here’s why Cramer thinks this stock is still headed to $300.
The upcoming earnings season will help the markets break out from this narrow trading range, said Robert Zagunis, co-portfolio manager at Jensen Investment Management, and Keith Wirtz, president and CIO of Fifth Third Asset Management. They discussed their best plays.
Steve Jobs took the stage at the All Things Digital conference in Rancho Palos Verdes, Calif., and said Apple's $237 billion market cap, $11 billion bigger than rival Microsoft's, is "surreal," but also "that it doesn't matter very much."
The U.S. Justice Department is examining Apple’s tactics in the market for digital music, the New York Times reports, citing several people.
It struck me Thursday, sitting across from Google's Eric Schmidt and Sony's Sir Howard Stringer in my exclusive interview following the Google TV announcement that there may not be two companies on the planet more different than these guys.
Expect wild volatility in European markets Friday, as the Continent awaits the German vote on euro-zone bailout package.