The Defense Department chose a team led by Leidos to build a new electronic health record system for 9.6M current and retired military service members.» Read More
Financials may be off their lows, but they are not outperforming. What is? Of big cap stocks, the big winners this week were Consumer Discretionary stocks (retailers and autos), as well as techs.
"[The] stock market: a loser across the board. It was a loser early, it stayed a loser and became a bigger loser as the day went on," Dylan summed up Thursday's trading with that one statement, as AIG and Wal-mart lead the Dow's one-day, 225-point dive. A few lone tech stocks were the only winners in an otherwise distressed market. Adding to the bearish environment was the morning's new jobless claim numbers, the highest reported in several months.
It's always a crapshoot what comes out of Cisco Systems' CEO John Chambers' mouth, and he's in the rare position of being able to utter a single word or phrase that could buoy or blast an investor's portfolio.
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.
The Lightning Round is extended in this CNBC.com exclusive feature.
Barry James is looking to some well-known large-cap names to see him through the bear market.
Jill Smart, an Accenture executive, was skeptical the first time she stepped into her firm’s new videoconferencing room in Chicago for a meeting with a group of colleagues in London. But the videoconferencing technology, known as telepresence, delivered an experience so lifelike, Ms. Smart recalled, that “10 minutes into it, you forget you are not in the room with them,” The New York Times reported.
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.
The week was a mixed bag of economic and market news, most of it on the negative side. Oil prices continued to hit record highs, the market officially entered bear territory and the European Central Bank socked it to the U.S. by raising rates a quarter-point. Despite all of this, CNBC guests found bright spots in steel, financials, tech and international stocks.
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.
Oracle ended 2007 as the software stock pick of the year for a few key analysts on the Street for 2008, and today we'll get a good idea as to whether those optimistic outlooks are still justified. Just about everyone I've talked to expects Oracle to beat expectations, so it doesn't seem like a question of "if," but instead, "by how much."
The Dow made a modest advance Thursday as a sharp drop in oil prices helped counter renewed concerns about the strength of the economy. What's the "Word on the Street?"
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.
The week began with a flashback to the credit crisis. It ended with figures showing the fastest inflation in six months and the lowest consumer-sentiment reading in 28 years. Along the way, as the stock market ebbed and flowed, CNBC guests assembled a collective portfolio that was heavy on technology, energy, and global exposure.
Friday was the first day in what should be a good run in the market.
Barry James has a checklist for worthy investments. To be attractive, a stock must have good relative value, good historical corporate earnings, and good relative price strength.
Futures traders are betting on rate hikes later this year. How should you trade a stronger dollar?
Stocks struggled to hold gains Tuesday as bank stocks rallied but comments from Bernanke hung over the market like a cloud. Oil dropped more than $3 to settle at $131.31 a barrel.
Hewlett-Packard, the world's biggest computer maker, launched a new generation of PCs on Tuesday that respond to users tapping or stroking the screen, potentially bringing user-friendly computing to the masses.