Citigroup upgraded Intel to a buy today. FMHR traders Jon Najarian and Mike Murphy take their positions.» Read More
The guys must defend themselves from a barrage of criticism, after some of their stock picks backfire.
Stocks closed mixed on Monday after a modest follow through rally from Friday's strong jobs numbers quickly fizzled as investors looked ahead to quarterly earnings season. "I think with the next few days we're in a holding pattern waiting for earnings to appear," said Zachary Karabell, portfolio manager at Fred Alger Management.
President George W. Bush visited the storied border town of Yuma, Ariz. Monday to build support for his immigration-reform policies -- proposals that not only affect illegal aliens and blue-collar workers, but also affect the higher end of the educational and economic spectrum. Ron Hira, Public Policy Professor at Rochester Institute of Technology, and Robert Hoffman, vice president for Congressional & Legislative Affairs at Oracle, joined "Power Lunch" to debate expanding H1-B visas for highly trained foreign nationals.
Shares of Advanced Micro Devices rose about 4% after it announced a restructuring to lower costs. The chipmaker also cut first-quarter revenue guidance to $1.23 billion, well below Wall Street forecasts.
Chip giant Intel said on Monday it would invest $2.5 billion to build a microchip plant in northeastern China, with the production of chipsets to begin in 2010.
The fallout in the subprime mortgage industry continues to trouble the markets, and analysts expect the issue to be at the forefront of investor concerns next week.
Despite what you’re hearing these days, tech isn’t going to bottom any time soon. Don’t get bamboozled by hopeful analysts – hope is not a part of the equation.
Time to check in on our Trading With The Stars celebs and see where they stand. Overall their approach is a lot more conservative than the majority of our non-celeb leaders - more stable companies and purchases spread across multiple stocks, and it might end up being a race to see who can lose the least.
Our celebrity trading has begun--so it's time to see where the stars "stand." Not all have traded yet but for those that have, it seems their approach to investing is more conservative than the majority of our non-celeb leaders--with more stable companies and purchases spread across multiple stocks.
Hall of Famer Johnny Bench joined the line-up of celebrities taking part in the "Trading With the Stars" portion of the Million Dollar Portfolio Challenge. Bench appeared today on "Squawk Box"--the show he's trading for.
And you thought with last week's earnings warning from Advanced Micro Devices and the mixed financial bag from National Semiconductor that we'd be done with chips for awhile.
On Wednesday, Clearwire raised $600 million with a 24 million share offering of Class A stock, increased from 20 million shares.
After a four year bull market, you need to start trading both sides of the ball.It's a schizophrenic market. Last Tuesday it sold-off violently, then came back with a vengeance. This market may be telling you that the days of buy, hold and hope are over.
Chip stocks break out as blackberrys buzz, gaming gains. A pesky Alan Greenspan can't stop grumbling about a possible recession with the Former Fed Chief sparking the violent sell-off in the market this past week. With respect, the market today tells a different story about America, Mr. Greenspan.
Intel said Monday that it may have lost some internal e-mails that it was supposed to turn over as possible evidence in the landmark antitrust lawsuit filed by archrival Advanced Micro Devices.
The greatest demographic shift of our time is underway. The baby boom generation is getting older. And as their interests and needs change with age, big money will follow. Only Fast Money takes you inside companies that will profit as the boomers age.
Sin pays. You can invest in good corporate citizens and go nowhere, or you can get down with alcohol, tobacco and firearms to really make some money. Don’t believe us? Here’s proof.
Hey everyone. I know it's been an exceedingly long time since my last post, and I'm eager to get back into the swing of things with regular, daily, and hopefully a few times a day ruminations and breaking news about the newsy things happening here in the Silicon Valley.
The U.S. patent process takes an average 44 months -- a woefully slow rate for the rapidly evolving technology sector. That's just one of the challenges being tackled at the first-ever Technology Policy Summit in San Jose. CNBC's Silicon Valley Bureau Chief Jim Goldman reports.
IBM has devised a way to triple the amount of memory stored on computer chips and double the performance of data-hungry processors by replacing a problematic type of memory with a variety that uses much less space on the slice of silicon.