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While most long-term investors should stay on the sidelines during the current market turmoil, analysts say there are opportunities to find some bargains amid the carnage."Fear creates opportunity," Michael Embler, chief investment officer at Franklin Templeton Investments, told CNBC.com. "If you are a long-term investor, you should be turning off your screen. But if you want to buy stock, this is an opportunity."
Financial stocks got hammered again on Thursday as renewed credit worries scared investors away from the sector. Housing stocks, however, showed surprising strength even with the growing problems in the subprime mortgage market.
Investment-grade U.S. corporate bond sales are rebounding following a recent downturn as Merrill Lynch, Citigroup, Kraft Foods and several other companies launched offerings on Wednesday.
Apple unveiled a line of slimmer desktop computers on Tuesday in a long-expected update of its iMac brand, positioning it for the back-to-school and holiday shopping seasons.
Sun Microsystems shares kept climbing Tuesday morning after a strong quarterly earnings report Monday. In an interview with CNBC, Chief Executive Jonathan Schwartz spoke about the the software and server firm's return to success.
Sun Microsystems, the world's third-largest maker of computer servers for businesses, said on Monday it swung to a quarterly profit from a year-earlier loss as it reduced costs, sending the shares higher.
Though stocks are down sharply from their highs of July 19, many analysts see the current volatility as a buying opportunity in select sectors.
Thursday's selloff in stocks is expected to continue over the short term, but analysts say investors can take advantage of the drop in anticipation of an eventual rebound. "It looks like we're on a big rollercoaster ride and trending lower short-term," Frederic Dickson, chief market strategist at D.A. Davidson, told CNBC.com.
Q2 results are confirming the foreign growth story. Look at Halliburton. Halliburton reported killer earnings today; 68% of their revenues occur outside the U.S.Same with Merck: great earnings, has 40% of sales outside the U.S.
Investors picked up where they left off a week ago, as stock prices hurtled to new highs with the Dow Industrials setting another milestone, but a Friday selloff kind of spoiled the mood.
Tech earnings for the week are in the books and we now all get to look ahead to Apple Inc.'s earnings next Wednesday. But reading the tea leaves from some of the biggest names reporting this week may signal a pretty good uptick in tech. And despite NASDAQ's declines today, some positive trends are developing that may signal a nice opportunity for investors.
Earnings misses by tech darling Google and Caterpillar, one of the Dow's power drivers, are adding to a wobbly opening on Wall Street. Citigroup though is a bright spot with a better than expected 18 percent profit gain and record revenues from investment banking and overseas business.
Stronger than expected earnings from IBM helped to push the Dow Jones Industrial Average to a record close above 14,000 for the first time - just two days after the Dow broke above that level on an intraday basis. The S&P 500 also closed at a record high.
The buzz on the street on this morning is "earnings", says Scott Fullman, director of investment strategy for IA Englander & Co.
IBM, the world's largest technology services company, posted a higher quarterly profit after markets closed Wednesday as revenue rose 9 percent, helped by software-company acquisitions and growth in computer services.
The tech earnings parade continues through today, now that we have Intel and Yahoo in the books. Strange day for tech, Tuesday was. So much optimism about Intel and yet the company disappoints, at least at first glance, with softer margins than expected. But here's another way to look at Intel's numbers which may actually bode well for broader tech the rest of this year.
Strap in because next week is going to be big for the biggest names in technology. We'll get earnings news on Tuesday from Intel and Yahoo; IBM and eBay on Wednesday; Microsoft, Google, Motorola and AMD on Thursday. Did you get all that?
Executives from Microsoft, Yahoo and other technology companies will discuss ways to combat unwanted e-mail and data theft at a two-day conference that begins Wednesday.
Here it is, Jim's list of the worst CEOs in the biz. It takes years of hard work and peerless incompetence to make the cut. Well done, people.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.
U.S. information technology company SystemsNet is interested in buying struggling Dutch computer services firm Getronics, daily De Telegraaf reported on Thursday.