Ride sharing company Uber is valued at nearly $51 billion after its most recent round of funding, The Wall Street Journal reported.» Read More
Although the Fed is expected to keep interest rates unchanged, investors will pour over the committee's statement and what they say could move the market!
The new day opens with the Dow, the S&P 500, and the Nasdaq coming off fresh 2009 closing highs, with investors now squarely focused on 2:15 pm ET this afternoon. That's when the Fed's Open Market Committee issues its latest statement on interest rates and the economy.
How will the weak dollar affect the stock rally and how should investors be playing the markets? Larry Adam, chief investment strategist at Deutsche Bank Private Wealth Management and Peter Boockvar, equity strategist at Miller Tabak shared their market strategies.
CEO Paul Otellini is accentuating the technology right now during his Intel Developer Forum keynote but the elephant in the room comes in the form of front page news about new disclosures about that huge European Union anti-trust case that has already determined Intel broke the law, and resulted in a $1.4 billion fine that Intel's already paid, but is appealing.
U.S. stocks rose to fresh 2009 highs this week, as investors continue to bet that an economy recovery might be in place. The Dow Index is once again near the 10,000-mark.
The run in treasurys is over and it’s now time for investors to sell the 10-year and 30-year bonds, said CNBC’s Mad Money host Jim Cramer. Should investors continue to build their position in bonds or should they look toward stocks instead? Barry James, president of James Advantage Funds and Stephen Wood, chief market strategist at Russell Investments shared their strategies.
The momentum and reinforcing positive cycle will likely carry the markets forward from this point, said Jason Pride, director of research at Haverford Investments.
The U.S. dollar rose against most major currencies on Friday, clawing off a one-year low against the euro as waning risk appetite cut demand for higher-yielding currencies. Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his market insights.
When Microsoft released “Halo 3” a little shy of two years ago, it was a certifiable entertainment event. The conclusion of the hit franchise’s trilogy would ultimately sell 5.9 million copies, making it one of the top selling games of this generation of video game systems.
The company will introduce a long-awaited system that will instantly match ad buyers with ad sellers when a customer visits a Web site, reports The New York Times.
The new Zune, which replaces the old models, is Microsoft’s version of the iPod Touch — a gorgeous multitouch screen dominates the front. Its handsome, beveled metal case weighs next to nothing, yet still feels expensive and solid in the hand.
Technology became the first of the ten S&P 500 sectors to recover all of its losses incurred after Lehman’s bankruptcy one year ago.
Cramer makes the call on viewers' favorite stocks.
Google is going to continue to take share in their core search business and will benefit from advertisement spending moving online, said Heath Terry, media and Internet analyst at FBR Capital Markets.
Oracle may not grab the sexy headlines that Apple and Google command, but it might indeed be the tech industry's true, unsung heroes. And the company's first quarter earnings report, out tonight, should go a long way toward reaffirming that.
Stocks continued to rise Wednesday, after major indexes hit new highs for the year on Tuesday. Will the rally continue? Jerry Castellini, president and CIO of CastleArk Management and Bernard Beal, CEO of M.R. Beal & Company shared their market insights.
Adobe, which is best known for its Photoshop, Flash, and Acrobat software, is looking in an entirely new direction with its $1.8 billion acquisition of web analytics company Omniture.
Major indexes hit new highs for the year on Tuesday, but will the rally continue? Tony Dwyer, equity market strategist, FTN Equity Capital Markets and Jim Swanson, chief investment strategist, MFS Investment Management shared their investment strategies.
Initially rolled out by Microsoft in 2006, the Zune was positioned as a wannabe iPod killer – and was promptly squashed by Apple’s popular system. Now the Zune HD, a redesigned, flashier version of the system, is hitting retail shelves.
Google, long seen as an enemy by many in the news industry, is making a bold attempt to be seen as a friend with a new service it hopes will make it easier for readers to read newspaper and magazine articles.