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Sun Microsystems, the world's No 4 business computer maker, reported lower quarterly profit Friday, as it took restructuring charges in the face of a weak U.S. economy.
Sure, Apple’s on fire with one hot product. But Research in Motion plans to release seven smartphones in the next year. Looks like it’s time to buy RIMM.
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Here's the classic multi-national tech company, the bellwether for so many different reasons, and at a time when just about everyone is worried about domestic recession, a global economic slowdown...
Dow component Intel reports earnings after the bell later today, and while I touched on expectations yesterday, I want to go a little deeper today, especially with a market like this one.
Stocks tumbled Wednesday with the Dow closing in bear market territory. What's the "Word on the Street?"
From mainframes to minicomputers and then PCs, each new computing generation has displaced its predecessor by reaching a broader audience and costing far less. And each time, the dominant company in one generation loses control in the next.
This might be more a leap of faith, but it's a leap worth considering for both Intel and Apple, especially after the blogs have been awash this week about speculation over Intel's resistance to upgrade 80,000 employee computers to Microsoft's Vista.
Wall Street can be a fickle place, and as investors wonder where they ought to park their money while they ride out the economic volatility gripping the country right now, they may want to harken back to some oldies but goodies: Apple Inc., Google, Research in Motion and Amazon.
Stocks fell sharply Tuesday as a warning from Goldman Sachs that banks may need to raise another $65 billion rippled through the market, offsetting any positive impact from Goldman's earnings.
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The airline industry is feeling the pain of record-high fuel prices, and CNBC talked to a current and a former airline executive for additional insight.
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The Dow tumbled badly Friday after oil shot up more than $11 to a new record. What's the "Word on the Street?"
Following are the day’s biggest winners and losers. Find out why shares of Dell and Schering-Plough popped while Boeing and Children's Place dropped.
If the jobs report and other data confirm the past week's decent numbers and if oil doesn't throw a wrench in the works, stocks could start June on a strong note.
Oil dominated the news again during the week, though crude prices fell back for a change. Economic data also moved the markets, which finished up for the week.
Next week could be the biggest week for oil and other commodities in years, says Guy Adami. What's the "Word on the Street?"
For the week ending Friday, May 30, 2008, the markets finished up, with all major indices increasing ~1.3% or higher for the week. Only the Dow declined for the month, shedding 1.42%. The NASDAQ reached its third consecutive monthly gain , up 4.55% for the month. The markets were encouraged by better than expected earnings from retailers and strong results from Dell. U.S. GDP for 1Q also helped lift stocks up, as it rose 0.9% at an annual rate , better than the previous estimate. Crude Oil also retreated to lower levels.
Stocks closed higher, led by technology shares, ending the a holiday-shortened week in the positive.