Toshiba said it would buy microprocessors from Advanced Micro Devices, ending its exclusive ties with Intel for the supply of the brains that run computers, and sending its shares higher.
The Dow's record run hits a speed bump and the S&P 500 can't hold a new record high as worries about the economy and interest rates surface.
Stocks ended broadly lower and the Dow fell for the fourth straight session after strong economic data lowered the odds of a near-term cut in interest rates. "The market was looking for a reason to pull back," said Brian Belski, chief U.S. strategist at Merrill Lynch. "Coming into the holiday weekend, it's not surprising that we're seeing some weakness."
Cramer thinks investors are getting fatigued from a bull market that's been running on agriculture, aerospace and oil. Also, his calls on Boeing, Dell, Bon-Ton and Jones Soda.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.
Dell, which has relied mostly on a direct-to-consumer sales model, will start selling computers through Wal-Mart stores. The deal aroused concerns about possible margin-tightening for chip makers.
It may finally be getting easier to sell that house of yours again. The SPDR S&P Homebuilders (XHB) has turned this month, jumping 6% over the last five days alone. More than half of that came today on comments from Treasury Secretary Hank Paulson who suggested the housing sector may get a little better. Is the worst over?
Ian from Colorado says he was burned by the last bear market and had to wait seven years to get back to even. He asks if he should buy now?
The guys go behind the headlines and give you their take on... gas prices soaring 4% in one day... why airline stocks are surging.. and more. Find out where they see fast money.
Dell (DELL) shares surged Wednesday even after New York Attorney General Andrew Cuomo sued the PC maker for deceptive practices. Meanwhile, Hewlett-Packard (HPQ) said after the bell that sales last quarter jumped 13% as it continued to steal share from Michael Dell and company. What's the better trade; bottom fish Dell or ride the HP mojo?
Here we are on HP's earnings day, and considering last week's surprising, and mistaken pre-announcement by an employee who sent the company's "crown jewels" out a week early, the company manages to surprise again. And once again, it's the kind of surprise shareholders love.
New York State Attorney General Andrew Cuomo has sued Dell over consumer complaints against the computer maker, contending that the company engaged in deceptive financing practices.
All week, Cramer is focusing on the CEOs that saved their respective businesses - and mark Hurd did just that for HPQ.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.
Stocks ended mixed on Monday as the latest batch of merger news failed to spark excitement among investors ahead of the release of key economic data. "The market has somewhat become like Pavlov's dog, waiting for some blockbuster merger deals to be announced," said Robert Pavlik, chief investment officer at Oaktree Asset Management.
M&A news and quarterly updates provided some of the catalysts behind the most actively traded stocks on Monday.
Hewlett-Packard on Tuesday raised its forecast for second-quarter revenue and earnings, citing strong results from its personal computer and servers businesses. The increased outlook comes as HP has recently been taking market share from longtime rival Dell.
Whoops! They did it again!You probably never thought of linking Britney Spears to the Silicon Valley stalwart HP, but another embarrassing gaffe grips the folks in Palo Alto.Somehow, some way, HP's finance team mistakenly releases the company's second quarter guidance which was supposed to be disclosed a week from tomorrow when HP was set to release earnings after the bell. Instead, the company cops to the "inadvertent disclosure of financial information relating to HP's recently completed second fiscal quarter through an internal email sent Monday evening to a single outside party."
Dell Inc. has agreed to work with Microsoft Corp. and Novell Inc. under an alliance the rival software makers formed last year to make it easier for the Windows operating system and the increasingly popular Linux system to work together, the companies said Sunday.
Cramer is seeing shortfalls in this sector everywhere he looks. But that could be good news for this PC bellwether.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.
SanDisk, a maker of flash memory for cell phones and digital cameras, reported a quarterly loss as prices for its main products fell, sending its shares downward.
Microsoft reported earnings of 49 cents a share for its fiscal third quarter, topping analysts' forecasts, as revenue booked on discounted license upgrades for the new Windows Vista operating system and Office 2007 software boosted results. Microsoft's quarterly revenue of $14.4 billion also outstripped estimates.