Stocks rallied to close at multi-year highs Tuesday after several robust earnings reports and a surprisingly strong report on consumer confidence added to increasing optimism about economy.
Stocks rallied to new multi-year highs Tuesday after several robust earnings reports and a surprisingly strong report on consumer confidence added to increasing optimism about economy.
Stocks added to gains after an unexpected rise in consumer confidence and as several key companies, including Ford and 3M, posted better-than-expected results in a big day for earnings.
Silver prices plunged Tuesday after hitting fresh 31-year highs in the previous session, but the pullback is merely a “little hiccup,” said Phillip Streible, senior market strategist at Lind-Waldock.
Expect to see a continued bullish market in the short-to-intermediate term, according to David Loesser, president and founder of The Estate Planners Group.
Hackers have managed to cut Sony off at the knees in several of the most competitive aspects of this generation of video games.
Despite a 7 percent rally in the first quarter, the tech sector “still looks very strong,” according to Dan Morgan, vice president and portfolio manager of Synovus Securities.
A prototype of the new device, which has been rumored for the past several weeks, will be unveiled at E3, the video game industry's annual trade show in June.
The Dow hit its highest close since June, 2008, Thursday after a steep slide on Monday, helped along by blowout earnings from Apple. Here's how you should play tech now.
TiVo stock soared Wednesday, up a whopping 29.5 percent, on news that the U.S. Court of Appeals affirmed a finding of contempt and award of sanctions against Dish and EchoStar.
Stocks added to strong gains before the close as a rally sparked by strength in tech and manufacturing drove prices higher, although bank stocks weakened after Wells Fargo reported a slide in revenue.
Stocks continued to rally after a series of solid earnings reports led by technology and manufacturing companies.
Microsoft is "working as hard as they can to catch up" to Google and Apple on smartphone platforms, co-founder Paul Allen told CNBC Tuesday.
CNBC'S Maria Bartiromo talks with Paul Allen in a wide-ranging conversation about Microsoft, the company he helped found, his up and down relationship with Bill Gates, and the future of technology. His memoir, "Idea Man," comes out today.
By replacing Chuck Noski with Bruce Thompson in the spot of chief financial officer, Bank of America is marching down a path last trodden by Lehman Brothers.
While the Xbox 360 and PlayStation 3 were born with 10-year life cycles in mind, the Wii hit the market with a much shorter projected lifespan. Now there's growing talk that the company could announce its successor as early as June.
With Larry Page and Sergey Brin selling about 1 million shares each annually for the next five years, should investors buy as the Google co-founders cash out.
With ever-increasing amounts of data being generated, energy-thirsty data centers are quickly becoming many firms’ most important green initiative.
You may have been discouraged about the kinds of job opportunities and offerings that are available. Or you may even have started you own small business but find it is not as rewarding as you thought it might be. Or you may just be gearing up to start looking again since the news looks more promising. While you are still thinking about it you might spend time thinking about your criteria for a great day’s work. I would suggest one criterion that is not often on the list that career counselors suggest.
The big spenders on technology—businesses and government agencies—buy about 75 percent of the computing goods and services sold worldwide. Yet it is increasingly evident they are not driving the new ideas, excitement and powerhouse technology companies in ascent these days. The New York Times reports.