The summer's No. 1 stock so far has been undeniable, but you might not have notice the others on this list, USA Today reports.» Read More
Stocks ended higher as investors widely expected the Federal Reserve to cut interest rates, but gains were tempered due to uncertainty regarding the magnitude of easing. The Dow Jones Industrial Average posted a weekly gain of 2.6%, the S&P 500 rose 2.1% and the Nasdaq Composite advanced 1.4%.
Stocks closed with modest gains as investors' hopes for a cut in interest rates overshadowed credit market concerns. "What I see is sellers pulling back and waiting for the good news from the Fed," said Phil Roth, chief technical market analyst with Miller Tabak. "The Fed is keeping selling off of the market."
Intel shares slipped Friday, after a Merrill Lynch analyst downgraded the chipmaker's stock to neutral from buy.
Shares of Texas Instruments slipped Wednesday after the chip maker did not raise its sales forecast as some investors expected.
Shares of virtualization software maker VMware Inc. continued to climb Wednesday after an analyst raised the stock's 12-month target price to $90 from $60.
The Dow inched into positive territory during the closing moments of trading Monday, as strength in tech shares outweighed comments from Fed officials that sounded a cautionary tone on the economy. What’s really going on?
Intel raises 3Q sales outlook by $200M
This is a big day for Advanced Micro Devices with the company releasing its long-delayed Quad-Core Opteron server chip. It's also a big day for CEO Hector Ruiz who tells me...
Stocks ended a seesaw trading session mixed as a recovery in financial stocks and a rally in tech the tech sector were offset by uncertainty of the future of the U.S. economy. "You can't be real negative on the market because the Fed could ease at any moment, given how seized up the commercial paper market is," said Tony Dwyer of FTN Midwest Securities.
Cramer discusses a bull market that "has nothing to do with the Fed." Also, his picks in the oil and semiconductor sectors.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.
Investor Joseph Lewis threw his name behind Bear Stearns stock today with the disclosure of a nearly 7% stake in the firm, and the purchase has Wall Street buzzing. The question is whether Lewis is a passive or active investor in the firm. Just what does he see happening at Bear that would justify an investment of some $860 million?
Intel raised its third-quarter revenue forecast and said global demand for computing products was stronger than expected, sending its shares up sharply.
Intel Corp. held a groundbreaking ceremony Saturday for its first chip factory in China, expanding its presence in the booming Chinese computer industry and boosting Beijing's campaign to lure foreign high-tech investment.
Advanced Micro Devices is set to launch its highly publicized new server chip Monday, delivering the biggest jolt to its product lineup in four years.
Intel on Thursday introduced high-end processors for computer servers to compete with an upcoming new product from Advanced Micro Devices. Intel said the six new Quad-Core Xeon 7300 series processors can deliver more than twice the performance over its previous-generation dual-core products.
Intel Corp. plans to respond quickly to a U.S. Federal Trade Commission request for more information on a plan to merge its flash memory chip business with that of Switzerland's STMicroelectronics NV.
Despite the recent market woes, there has been one pocket of relative strength in a turbulent tape: technology. Call it the Teflon rally - as names such as EMC Corp (EMC), Amazon (AMZN), and Cisco (CSCO) trounced the overall markets in the past three months. But will it continue to be the trade come fall?
Stocks ended another volatile week on a positive note as investors were cheered by President Bush's plan to help distressed homeowners and Fed Chairman Ben Bernanke's stance that the central bank will act as needed to address credit concerns.
It's been a rough year for Dell, characterized by a particularly rough quarter that saw the company try to put deep financial shenanigans behind it: the pay-out of a $40-million-plus severance package for fired CEO Kevin Rollins, trying to deal with a restructuring that cost the company 8,000 jobs, continued loss of market share to rival Hewlett-Packard and shipment problems that hurt its most recent product introductions.
Stocks ended broadly higher as investors were hopeful the Federal Reserve will lower interest rates next month. "You had more people positive today that the Fed is going to cut rates," said Todd Leone, head of listed trading at Cowen & Co. "A lack of bad news is really the main thing moving the markets today -- as long as you don't hear anything negative, the market does OK."