Rackspace, the cloud computing player that has been for sale since May, says it intends to remain independent, Re/code reports.» Read More
Long gone are the days when all you had to do was hear the word technology or Internet and you knew you had a hot stock pick. Investors have learned a valuable lesson since the the tech bubble burst in 2000 and the Nasdaq lost two-thirds of its value.
Green Week technology: Mike Zafirovski, chief executive of Nortel Networks, says his firm is playing a key role in the search for cost-effective corporate environmentalism. In an interview with CNBC, Zafirovski described how Nortel is helping corporate customers save energy -- and increasing value for Nortel's own shareholders.
Now that the first week of the technology earnings is over, many investors are breathing a sigh of relief.
NBC Universal Digital Studio relaunched on Thursday and now it's focusing on branded made-for-the-web content. It already has projects and sponsors in the works. The digital studio is teaming up with a division of ad giant Omnicom, OMG Digital, to create episodic content around certain products for distribution online.
Big Blue is looking more like Big Green in after-market trading following the company's blockbuster first quarter earnings report, and the surprise increase in its full year guidance. IBM blew past Wall Street expectations, reporting $1.65 a share on $24.5 billion in revenue; both categories way above consensus of $1.45 and $23.711 billion respectively.
Never confuse a rally in an industry for a rally in a sector. Cramer learned this lesson the hard way so you don’t have to.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.
Shares of major semiconductor companies and telecom equipment firms rose Wednesday morning as solid a first-quarter report and outlook from chip maker Intel lifted both sectors.
Stock fell sharply Friday, led by industrials and techs, as General Electric's earnings miss cast a gloomy haze over earnings season. The Dow finished down 2.3 percent for the week, while the S&P shed 2.7 percent and the Nasdaq lost 3.4 percent.
The Dow rose Thursday after the semiconductor sector received an upgrade and Wal-Mart reported higher sales for March. What's the "Word on the Street?"
There are few names in the sector he'll recommend. Here are three.
What's the best way to play the anemic tech sector? Stick with what's working.
Stocks finished flat Monday as traders opted to pull over and let some of the earnings traffic pass before deciding what to do next.
On Wednesday the National Hockey League Playoffs start, just as the league launches a new online digital network. The new seven-channel digital network on its web site makes it easy to flip channels (just like on TV) to navigate an unprecedented amount of hockey-related content.
Companies in the Standard & Poor's 500 index bought a record $589 billion of their own stock in 2007 as they looked for ways to spend their cash hoards, S&P said Monday.
Following are the day’s biggest winners and losers. Find out why shares of Schering-Plough and Constellation Brands popped while MEMC Electronics and Cisco dropped.
Stocks logged another lackluster session Thursday in the wake of Tuesday's spectacular rally as the market digested a mixed bag of economic data and a congressional hearing on the Bear Stearns bailout.
Is Dell running the risk of becoming the Yahoo! of the PC sector? Seems that way. The company has been spiraling, locked in fits and starts of recovery and morass for the better part of four years, and now there's word that already aggressive cuts and reorganization scenarios apparently weren't aggressive enough.
Stocks opened lower Thursday after a larger-than-expected rise in weekly jobless claims.
Is this the right time to jump back into tech? Pete Najarian thinks it might be.
Where should you put your money in this market? Some of the pros interviewed on CNBC Tuesday like mega caps, regional banks and--yes--garbage.