Citigroup upgraded Intel to a buy today. FMHR traders Jon Najarian and Mike Murphy take their positions.» Read More
Whoops! They did it again!You probably never thought of linking Britney Spears to the Silicon Valley stalwart HP, but another embarrassing gaffe grips the folks in Palo Alto.Somehow, some way, HP's finance team mistakenly releases the company's second quarter guidance which was supposed to be disclosed a week from tomorrow when HP was set to release earnings after the bell. Instead, the company cops to the "inadvertent disclosure of financial information relating to HP's recently completed second fiscal quarter through an internal email sent Monday evening to a single outside party."
Cramer is seeing shortfalls in this sector everywhere he looks. But that could be good news for this PC bellwether.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.
We’re very much used to multitasking and dealing with distractions here at the Breaking News desk, but it can be quite trying when a simple thing like a market milestone becomes a major issue. Our producers expressed the desire to have a special alert ready to go if and when the S&P 500 crossed the 1500 mark. ... Unfortunately, the index refused to cooperate, hitting your classic resistance point at 1500. Also: There’s a great scene in the Woody Allen movie, “Annie Hall"...
Intel said it expects profit growth to outpace revenue growth in 2007 and 2008, due to cost-cutting efforts that will improve profit margins.
The S&P 500 index closed above the 1,500 level for the first time in nearly seven years but overall gains were modest amid concern the market may be reaching a top. "There is a lot of good news out there but we caution investors that it has been quite a while since a pullback in the stock market," said Alan Skrainka, chief market strategist at Edward Jones. "That concerns us a little bit."
Earnings blowouts and FDA approvals were the catalysts behind some of Thursday's most actively traded stocks.
With the stock market booming and wealth in America exploding, more of the rich and super-rich are giving big bucks to charitable causes.
Texas Instruments (TXN), the world's largest maker of mobile-phone chips, reveals information about the future of chip sales, and the news spreads like wildfire. Click here to find out how the news affected some of biggest stocks in the space.
Ashok Kumar, an analyst at Raymond James, told CNBC’s “Squawk Box” that he expects Texas Instruments’ earnings to improve in the second half of the year.
Advanced Micro Devices reported first-quarter results that badly missed consensus estimates as the company reported lower shipments of chip products in addition to falling average prices.
Stocks closed mixed but the Dow Jones Industrial Average inched up to another record as investors awaited key quarterly reports after the bell. "You still have some pretty important earnings coming out that are going to set the tone," said Adam Tracy, director of listed trading at Thomas Weisel Partners.
Earnings blowouts and encouraging drug trials were some of the catalysts behind Thursday's most actively traded stocks.
China's rapid growth is a double-edged sword and today it is cutting into world equities markets. Asian and European markets were lower and U.S. stocks are pointing at a weaker opening, with the Dow, fresh off a new high, looking particularly wobbly. Earnings news is also setting the tone.
Cramer tells callers whether to buy or sell Intel, Washington Mutual and more.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.
The Dow closed at a new record as blue chip stocks were boosted by upside earnings reports, but stocks ended mixed after two notable tech names disappointed investors. JP Morgan Chase added positive momentum to the financial sector, closing at a new high after the bank reported first-quarter earnings growth of 55%.
Intel posted higher quarterly profit in line with analyst expectations, while a top official told CNBC that the microchip maker is reclaiming market share from rival Advanced Micro Devices. In an interview with Jim Goldman, Chief Financial Officer Andy Bryant also said that Intel's gross margins should rebound to the mid-50s by the middle of the year.
Stocks are heading for a lower opening as some weak tech earnings worry investors. The dollar continues to fall against major currencies. Asian markets were higher overnight, but European stocks are lower. There are no big data items today but earnings could sway direction.
See what analysts had to say about the market today on CNBC.
Cody Acree, managing director at Stifel, Nicolaus, told CNBC’s “Squawk Box” that he believes Intel is poised for a rebound.
Stocks are set to open higher, reversing an early negative trend, after consumer inflation data showed muted increases in core inflation. However, the CPI rose at a 0.6% rate when including food and energy, its highest rise since last April. Housing starts rose 0.8%, beating analysts expectatons but below February's increase.