These once-ballyhooed tech stocks are still hurting even while the broad Nasdaq composite index is hitting a 14-year high, USA Today reports» Read More
It's always a crapshoot what comes out of Cisco Systems' CEO John Chambers' mouth, and he's in the rare position of being able to utter a single word or phrase that could buoy or blast an investor's portfolio.
Is it possible that comments from Cisco's John Chambers after the bell on Tuesday will trump the comments from the Fed?
It's the Fed's turn to sway the markets Tuesday, but stock traders will keep their eyes on the volatile oil and commodities markets.
Jon Hilsenrath, money and investing editor at The Wall Street Journal, offered CNBC his weekly "Five for Five": the five stocks investors must watch this week.
The main event this week is the Fed meeting on Tuesday and investors will tune in to see if Bernanke & Co. offer any insight on inflation. Plus, more earnings, including Cisco, P&G and AIG.
Expect tech investors to absolutely scrutinize the news out of Silicon Valley next week as Cisco reports earnings.
Stocks started the month off with a decline as a rise in oil and larger than expected loss from General Motors rekindled worries about the economy.
If such a thing exists this year, here's the stock to play it.
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The Dow finished only modestly higher on Friday after better-than-expected consumer sentiment and falling oil prices failed to really ignite investor optimism.
Stocks pulled off modest gains Friday as enthusiasm for some better-than-expected economic reports outshined a warning from S&P of a possible downgrade on Fannie Mae and Freddie Mac.
For the week ending Friday, July 25, 2008, the markets closed mixed for the week, on negative housing data, and mixed earnings results. An early rally in financial and airlines stocks, supported by the continued slide in oil prices, was quickly wiped away by ongoing uncertainty in the economy. The Dow dropped more than 280 points on Thursday, marking the worst one day point drop in over a month. However, Friday saw a slight rebound on strong durable goods and a bounce back in consumer sentiment. Only the Nasdaq finished slightly up 1.2% for the week. The Dow and S&P finished down 1.09% and 0.23%, respectively.
Jill Smart, an Accenture executive, was skeptical the first time she stepped into her firm’s new videoconferencing room in Chicago for a meeting with a group of colleagues in London. But the videoconferencing technology, known as telepresence, delivered an experience so lifelike, Ms. Smart recalled, that “10 minutes into it, you forget you are not in the room with them,” The New York Times reported.
Wipro, India's third largest information technology outsourcer, missed forecasts with a 15 percent rise in quarterly profit, as the global economic downturn hurt demand from its major Western clients.
As an investor Karen Finerman isn’t afraid to dive into the muck. Now she's getting her hands dirty with another stock left in the trash heap!
Fearing the two largest U.S. mortgage finance companies need a government bailout, investors pushed stocks lower Friday. What's the "Word On The Street?"
Stocks finished sharply lower Friday as the market was rattled by concerns about the future of the nation's top mortgage-finance agencies.
Volatility rules the markets as the Dow dips below 11,000 intraday on Friday for the first time since July, 2006. The CBOE volatility index hits an intraday high of 29.44, the highest level since March 19th, oil hits a new record, the dollar falls.
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If your technology stock picking has you and your portfolio in the dog house then it might be time to go best of breed.