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Disruptors are dialing up the pressure in telecom, overcoming the high barriers to entry in one of the market's most capital-intensive industries.
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Big banks topped this week's investing news as they continued to fight their way through the subprime mortgage mess. For some, like JPMorgan Chase and Citigroup, which both reported earnings this week, it meant continued writedowns.
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For the week ending Friday, April 18, 2008 the US Markets ended the week rallying on earnings news. The Dow had its best week since Feb 1 and rallied 256.8 points on Wednesday and another 228.87 points on Friday, for its biggest point gains since April 1st.
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After a week like this one, the pressure's on the next batch of tech stars to beat the Street and keep this momentum going, with investors turning their attention to Yahoo, Microsoft, Apple and Amazon, all set to report earnings next week.
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Following are the day's biggest winners and losers. Find out why shares of Supervalu and Crown Holdings popped while eBay and Chesapeake dropped.
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Stocks wobbled Thursday as investors digested a mixed bag of earnings and economic news. IBM was the biggest gainer on the Dow, while Pfizer was the biggest decliner.
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Stocks wobbled Thursday as investors digested a mixed bag of earnings and economic news. IBM was the biggest gainer on the Dow, while Pfizer was the biggest decliner.
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Investing in Google shares is... different. It's one of the few companies where 30% revenue growth would be disappointing and 450 bucks a share is seen by many as cheap. How do you read earnings of a company like this? I'm glad you asked.
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Stocks wobbled Thursday as investors digested a mixed bag of earnings and economic news. IBM was the biggest gainer on the Dow, while Pfizer was the biggest decliner.
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Stocks were lower Thursday as investors digested a mixed bag of earnings and a better-than-expected report on weekly jobless claims.
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EBay's numbers for its first quarter look pretty good with the online auction house beating Wall Street estimates by 3 cents, reporting 42 cents instead of the 39 cents analysts were looking for. That news came on better-than-expected topline performance as well.
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Stocks finished at their highs for the day Wednesday as investors cheered the latest round of earnings, which included Intel and JPMorgan.
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Online auctioneer EBay posted a 22 percent rise in quarterly net profit, topping Wall Street's average estimate, as pricing changes drove auction listings and pushed revenue above all forecasts.
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Stocks rose sharply Wednesday as investors cheered the latest round of earnings, which included Intel and JPMorgan Chase.
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The euro pushed to a new record high Wednesday after a lower-than-expected gain in U.S. inflation last month and a sharp fall in housing starts boosted the case for more Federal Reserve interest rate cuts.
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It's been a busy quarter for eBay, highlighted of course by the naming of John Donohoe as Meg Whitman's successor, but investors are focused more on share price than who's sitting in the C-suite.
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The afterglow from Intel's earnings news should be an early bright spot for stocks Wednesday, a day that will be ruled by earnings news.
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It's so easy to paint investing with broad brushstrokes, and say "tech" is strong, or "tech" is bad, but with Intel, IBM, eBay and Google all reporting this week, we get to remind ourselves that the sector is made up of individual stocks and individual industries.
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The rocky ride for the U.S. stock market may intensify this week if earnings reports from JPMorgan Chase, Merrill Lynch, Citigroup and other large banks and financial services companies rattle investors already concerned about a U.S.-led economic slowdown.
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Wall Street should brace for a round of profit warnings from U.S. technology companies this results season, as consumers and businesses rein in spending amid a weaker economy and record energy prices. The world's largest microchip company, Intel Corp spacer , kicks things off for the sector Tuesday, followed by top computer services provider IBM spacer Wednesday and Web search leader Google Inc spacer Thursday.
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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.