With earnings season kicking up a notch in the week ahead, there’s a good chance something unexpected is looming. Are you ready?» Read More
Big tech names set to report next week include Intel Corp and Yahoo Inc on Tuesday; eBay Inc on Wednesday and Google Inc on Thursday. Goldman Sachs analysts wrote in a note that the information technology sector "appears to be the most undervalued sector," giving investors more reasons to be bullish on tech stocks.
Quarterly earnings growth and clues from companies' commentaries will tell whether there really will be a bounce back in growth in the second half.
Its shares have slumped 16 percent since Chief Executive Officer Kevin Murai warned earlier in July that increased demand was already waning from companies buying new computers to upgrade their operating systems after Microsoft Corp stopped supporting Windows XP in April.
Apple Inc. was unchanged at $95.04 with 19,671,200 shares traded. BlackBerry Ltd. was unchanged at $11.42 with 9,671,300 shares traded. Cisco Systems Inc. rose. 1 percent to $25.46 with 12,995,800 shares traded.
Apple Inc. fell. 5 percent to $94.90 with 21,992,800 shares traded. BlackBerry Ltd. rose. 5 percent to $11.46 with 18,832,600 shares traded. Cisco Systems Inc. rose. 1 percent to $25.47 with 17,833,000 shares traded.
NEW YORK, July 8- Rengan Rajaratnam, the younger brother of convicted Galleon Group founder Raj Rajaratnam, was cleared on Tuesday of conspiring to engage in insider trading while at the hedge fund, ending a five-year winning streak by U.S. prosecutors.
Apple Inc. fell 1.0 percent to $94.97 with 44,417,100 shares traded. BlackBerry Ltd. fell 3.8 percent to $10.78 with 19,371,900 shares traded. Cisco Systems Inc. fell. 2 percent to $25.19 with 17,408,700 shares traded.
NEW YORK, July 8- Jurors began deliberating on Tuesday in the trial of Rengan Rajaratnam, younger brother of Galleon Group hedge fund founder Raj Rajaratnam, who prosecutors say conspired to engage in insider trading.
Some of the names on the move ahead of the open.
There are no bargains in the S&P 500 at record levels, only opportunities, legendary investor Laszlo Birinyi says.
SAN FRANCISCO, July 7- Intel Corp said on Monday it would make chips for Panasonic for the audio- and visual-equipment markets, the latest expansion of Intel's contract manufacturing business in the face of slow personal computer sales.
Apple Inc. rose. 6 percent to $94.03 with 22,062,700 shares traded. Cisco Systems Inc. rose. 6 percent to $25.19 with 19,293,200 shares traded. Facebook Inc. fell. 2 percent to $66.29 with 24,636,300 shares traded.
NEW YORK, July 3- Wall Street on Thursday celebrated its love of zeros- the ones that come after commas, that is- as the Dow Jones Industrial Average topped the 17,000 mark for the first time.
The Dow Jones industrial average touched 17,000 for the first time on Thursday, 7 months after the index closed above 16,000 for the first time.
Shares of JPMorgan traded lower as Wall Street digested concerns about the health of its renowned CEO Jamie Dimon.
If you’re not in the market, have you missed the bull entirely? Jim Cramer investigates.
*Google, Apple lead; Nokia, TomTom face make-or-break moment. Chip-makers or tech giants such as Infineon and Google are among a variety of companies involved in the rapid development and testing of intelligent cars from those that drive themselves to those allowing a driver to use mobile phone apps through the dashboard.
SAN FRANCISCO, July 1- Microsoft Corp has joined Qualcomm Inc and other technology companies in a bid to establish standard ways for household devices like light bulbs and thermostats to talk to each other.
The "Fast Money" traders give their top stocks to buy and sell as markets hit record highs.
ALBUQUERQUE, N.M.— A Nevada- based startup that plans on selling medical and recreational marijuana products named former New Mexico governor and U.S. Johnson said he hoped to expand Cannabis Sativa into a major marijuana business and intends to work out of New Mexico to help develop products that are legal in states like Colorado and Washington.