Stocks opened slightly higher ahead of Federal Reserve Chairman Ben Bernanke's testimony to the Senate on Wednesday and following a slew of retailer earnings including results from Home Depot.» Read More
Microsoft founder Bill Gates is the richest person in America for the 14th year in a row, followed by investor Warren Buffett, according to Forbes magazine's latest list of the wealthiest Americans.
No economic data today but it is quadruple witching expiration, the quarterly S&P rebalancing, and we are approaching the end of the quarter. The good news: for all the worries, the S&P 500 is up 1.02% for the quarter (as of yesterday). The bad news: without the big gains in energy, the index would be down 0.05%. Energy is the biggest sector gainer, up 9.8%.
Sony said on Thursday it would postpone the launch of its "Home" virtual community service for its PlayStation 3 game console to early next year, the latest setback in its video game battle with Microsoft and Nintendo.
European Union Competition Commissioner Neelie Kroes said on Wednesday that a top U.S. Justice Department official's criticism of an EU court decision against Microsoft was "totally unacceptable."
Stocks closed with big gains as investors cheered the Fed's decision to cut interest rates deeper than expected. "The Fed gave us a little more than most of us had expected -- they are looking at the future and the U.S. economy is weakening -- I think that's why equities are responding to the upside," said Robert Doll, chief investment officer at BlackRock.
Yahoo's take at Internet 2.0. Since Jerry Yang took the helm at Yahoo again, the Internet company's been trying to get back on track. And that means not just getting its ad strategy sorted out, but also starting to compete more with some of the more innovative Internet 2.0 companies, which of course means Facebook and social networking.
Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
The headlines seemed dire enough: Microsoft Smacked; Microsoft Dealt Severe Blow; Microsoft Crackdown. All of it stemming from a European court's decision earlier today to uphold the $605 million fine levied against the world's largest software maker back in 2004 when the company lost its anti-trust case with the European Union.
IBM on Monday said it would start offering free word processing and other office software, joining a growing group of companies with free applications challenging a core Microsoft product.
Microsoft (MSFT) shares tumbled after a European court knocked down an antitrust appeal. In Monday’s Web.Extra, Jeff Macke reveals how he's trading the software giant, now. Also get the traders Adobe (ADBE) play.
Stocks closed moderately lower as traders remained cautious ahead of the most anticipated Federal Reserve meeting in years. "It's been sort of a nervous Monday," said Bob Nunn, chief operating officer at Cohen Specialists. "The market wants to see a 50 basis-point cut and comments that we could see cuts in the future. I suspect we're setting ourselves up for a bit of a disappointment."
European stocks closed down, with the banking sector the worst hit after shares of battered U.K. mortgage lender Northern Rock sank further.
This morning I'm in Seattle for the roll out Ford's Sync: a software program the automaker developed with Microsoft that will allow you to send and receive text messages through your car while you are driving. In many ways, it's the first true step toward making our cars and trucks internet portals. And I have mixed feelings about it.
Microsoft suffered a stunning defeat on Monday when a European Union court backed a European Commission ruling that the U.S. software giant illegally abused its market power to crush competitors.
Microsoft may find it hard to appeal a landmark decision from the European Union Court of First Instance to uphold a European Commission anti-trust fine, because it sets important precedents for EU competition issues, officials said Monday.
Credit worries once more haunt world markets, but frankly, the only headlines that matter are the ones that will be released by the Fed tomorrow afternoon. The big story of today though is what former Fed Chairman Alan Greenspan is saying.
When Europe's second-highest court rules Monday on Microsoft's appeal of its landmark antitrust conviction, more will be at stake for regulators than just the behavior of the world's largest software company.
Never confuse a rally in an industry for a rally in a sector. Cramer learned this lesson the hard way so you don’t have to.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.
Cramer makes the call on viewers' favorite stocks.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.
Shares of Texas Instruments slipped Wednesday after the chip maker did not raise its sales forecast as some investors expected.