Hedge fund founder Marc Lasry tells CNBC he sees opportunity in energy stocks, given the recent pullback on plunging oil prices.» Read More
When Apple was preparing to launch its "app store" for iPhone, the online software marketplace of free and for-sale third party developer applications, I suggested then that this was potentially the great hidden gem in the iPhone story. That App Store might some day rival iTunes as a revenue stream.
Tech companies once dominated the U.S. IPO calendar -- but not anymore.
After introducing guest trader Zach Karabell, aka "The Academic," the gang immediately dives into the main lesson learned after stocks soar to end the week (the highest close since June). The dollar also "exploded," with its biggest jump in 8 years against the euro. "Currencies typically do not move like that," says Dylan of the USD's 3.3% gain this week. The S&P 500 also had its best week since April, due in part to the commodities pullback -- it ended the day up 2.4%.
For the week ending Friday, August 8, 2008, the U.S. markets ended the week on a positive note, cheered by a retreat in commodity prices, a Fed’s decision to keep rates steady at 2%, better-than-expected results in pending home sales, and a stronger dollar.
Eight iPhone owners have joined an elite clan according to a report by the Los Angeles Times: Their Apple gadget is running a program that cost nearly $1,000.
A week from today, LucasFilm and Warner Bros. will unleash "Star Wars: The Clone Wars," the latest installment of the Star Wars money-making machine. And with it comes the spotlight on cool technologies.
Kevin Cronin, Putnam's head of investments, thinks technology is the way to play the current feeble market environment.
Qualifying rounds - Final: After a week of ups and downs, we are now up to the medal round. The playing field has been narrowed from twenty countries to ten. And the winners are...
"[The] stock market: a loser across the board. It was a loser early, it stayed a loser and became a bigger loser as the day went on," Dylan summed up Thursday's trading with that one statement, as AIG and Wal-mart lead the Dow's one-day, 225-point dive. A few lone tech stocks were the only winners in an otherwise distressed market. Adding to the bearish environment was the morning's new jobless claim numbers, the highest reported in several months.
But the Olympics are far more than just a boost for NBC Universal, they're also an unprecedented experiment with online content distribution, bound to transform the way media companies distribute their content.
Coming back from a 90 point loss after a much worse than expected loss from Freddie Mac, the Dow rebounded as U.S. stocks hit a six-week high. The trend of health & personal care stocks doing well in this market continues.
Stocks advanced Tuesday, building on the prior session's rally, as a drop in oil prices and encouraging outlook from Cisco helped offset disappointment in Freddie Mac's results.
The S&P 500 has moved further into positive territory led by tech giants. Here's what they are contributing.
Cisco Systems reported earnings and sales that edged analysts' expectations, and the company's shares moved higher in extended trading.
Acquisitive miner Xstrata unveiled a $10 billion takeover bid for the world's third-biggest platinum producer Lonmin, aiming to diversify its business from industrial metals such as copper.
Time Warner said it would split AOL's dial-up Internet and advertising businesses into separate divisions by early 2009, a move that could ease a sale or merger of either business.
Just when you thought the Yahoo vs. Microsoft, Microsoft vs. Yahoo, shareholders vs. Yahoo saga had finally come to a whimpering close.
The company is recounting the shareholder vote for its board of directors after discovering that a tabulating firm failed to register the opposition of a major investor.
It's always a crapshoot what comes out of Cisco Systems' CEO John Chambers' mouth, and he's in the rare position of being able to utter a single word or phrase that could buoy or blast an investor's portfolio.
I missed blogging while I was away--there are just too many good stories out there--and I also missed your emails.