The rapidly-growing messenger application now has 800 million active users, according to a Facebook post made by its founder.» Read More
Stephen Gallagher, chief U.S. economist at Societe Generale and Michael Cuggino, president and portfolio manager of Permanent Portfolio Funds, both agreed that although there are some signs of growth, the economy has a ways to go before a recovery.
Existing U.S. home sales climbed in April as consumer confidence rose. Reports say GM is close to bankruptcy as tech stocks gain Wednesday. What does this mean for the stock market? Art Cashin, UBS Financial Services director of floor operations, offered CNBC his Wednesday insights.
While there have been a few solid hits, several of the year’s best selling games are over a year old. Check out our list of top-selling video games for 2009!
Today, Facebook secured a $200 million investment from Russian Digital Sky Technologies for a 1.96 percent stake in the company's preferred stock, giving the social network a $10 billion valuation.
Unemployment hit 8.9 percent in April and some predict that number could climb over 10 percent in 2009 as major companies further streamline operations to combat the recession. While some industries are more labor intensive than others, employee productivity is a key measure that managers and investors look at when evaluating performance. Take a look at which companies are squeezing the most out their shrinking workforces.
Here's our Fast Money Final Trade. Our gang gives you Tuesday's best trades, right now!
On a week dominated by a new credit card bill and concerns over the US government debt AAA-credit rating, the markets end the week roughly flat to positive, following an abrupt reversal late Friday.
Craig Columbus of Advanced Equities Asset Management and Peter Boockvar at Miller Tabak discussed their outlook for the economy and shared their sector likes and dislikes.
Warner Bros. Entertainment Inc. has made a $33 million bid for the majority of U.S. assets held by "Mortal Kombat" video game franchise owner Midway Games Inc., which filed for bankruptcy earlier this year.
Cramer says that sometimes it’s downright simple to figure out where all that cash is headed.
The bears seized control of the stock market on Wednesday; and intense selling into the close left both the Dow and S&P in the red for the day.
Even with Pirate Bay convicted, the studios need to figure out a digital strategy.
Delivering free games on mobile platforms may not seem like a great business model, but Trip Hawkins, CEO of mobile gaming leader Digital Chocolate and founder of Electronic Arts, sees it as the next great growth opportunity in the gaming industry.
Hewlett Packard reported earnings after the bell yesterday, and met analyst expectations. All 30 Dow stocks have now reported -- here is a summary of how the season stacked up.
Market Trivia Question: Which four stocks have more than doubled since the market’s current low back in March? As investors debate whether the market rally still "has legs," four Dow components have more than doubled since the Dow hit a multi-year low.
We are seeing a decrease in negative [economic] news, and the markets are in a pretty good shape, said Arthur Hogan, managing director at Jeffries.
With the sector leading the stock market’s charge, it’s tempting to jump in. These tips may help you pick companies with staying power.
The endorsement of this company might surprise you.
Game software sales came in at just over $1 billion, a 23 percent drop compared to the 2008 numbers, according to market research firm NPD Group. The 2008 numbers were bolstered by blockbuster titles "Grand Theft Auto IV" and "Mario Kart Wii"—and a stronger economic climate.
With all the attention on Sony’s first net loss in 14 years Thursday, another announcement that was overlooked. Sony, while avoiding the words precisely, all but confirmed that a price cut is coming for the PlayStation 3 this year.