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Today, Steve Jobs added a high degree of class not just to the Apple story, but his personal story too. When he came out to thunderous applause, a standing ovation, who knew what to expect? Certainly not the emotion and candor from a guy who's made living like a recluse an art form.
This is the live blog from the Wednesday's Apple event with Steve Jobs making a long awaited appearance. The first post is at the bottom of the page and works up to the most recent.
All major U.S. indices closed to the upside on Friday, as less than expected job losses in August led investors to focus on the positive side of a mixed payroll report, which showed that the unemployment rate jumped to 9.7%, or its highest level since 1983.
Stocks rallied to the finish line Friday as tech stocks surged after some encouraging comments from Intel's CEO. Investors breathed a sigh of a relief after the August jobs report, which showed the unemployment rate hit a 26-year high but layoffs seemed to be tapering off.
As the markets enter the holiday weekend with light trading, Rich Berg, CEO of Performance Trust Capital Partners; Robert Heller, managing director of Chapdelaine Brokerage; and Ray Carbone of Paramount Options discuss how the markets will move in the upcoming week.
More than 20 million other smartphone users are on the AT&T network, but other phones do not drain the network the way the nine million iPhones users do. Howls of protest are more numerous in the dense urban areas with higher concentrations of iPhone owners.
If Curt Schilling pursues a run for Ted Kennedy's vacant Senate seat, it could delay a much-anticipated 'World of Warcraft' rival.
I was going to hold off on writing about this until we get an upcoming series on the air, but since that's still weeks away, and Sony made a big 3D announcement today, I wanted to share some thoughts and experiences about some of the technology in the pipeline.
The S&P 500 and Dow index broke 8 days of consecutive gains on Friday, after an economic report showed consumer sentiment in August dipped to a 4-month low. Despite of Friday's slight pull-back, all major US indexes are on track to close up 2.5% or greater for the month.
Time for rotation? Stock market bifurcates in 2009, but some argue to look for big names with no action.
I don't think you can over-estimate the significance of Intel's revenue expectation revision this morning: The new mid-point of $9 billion is a half billion dollars more than the $8.55 billion the company originally anticipated.
Cramer makes the call on viewers' favorite stocks.
Juniper Networks is a leader in high-performance networking but is usually caught in the wake of industry giant Cisco. Yesterday, however, Juniper was lighting up our screens early with upside options activity.
On Monday investors clearly decided it was time to take a breather after a sharp gain in Treasury debt prices drove benchmark yields lower and triggered a sell-off.
Dividend yields in the Dow index are down about a quarter of a point since early June and 165 basis points since early March, as equity markets continue to trend higher, pushing yields lower. Here is a look at the dividend yields of all 30 Dow components:
On a volatile week that ended with Fed Chairman Bernanke stating that the US economy is nearing recovery, positive housing data, and oil hitting 10 month highs; the Dow, S&P and NASDAQ once again close at new highs for 2009, and end up about 1.8% or better for the week.
Clean technology could be the next hot thing. But with so much uncertainty in solar and other areas of this newly developing field, it’s easy to get burned.
Compared to an average short interest of 2.2% for all Dow components, bets against these three companies stand at around 8%.
Hewlett-Packard needed to wow Wall Street and the company delivered the goods tonight, beating the Street by a penny a share with 91 cents on better than expected revenue of $27.45 billion against the $27.3 billion consensus.
When Hewlett-Packard reports its earnings after the bell tonight, it should go a long way toward keeping the optimism alive in the tech sector.