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  • Oil Prices Snag Stocks' Two-Month Rally Friday, 23 May 2008 | 5:20 PM ET

    Oil's relentless ascent finally pushed stocks over the edge, abruptly snapping the market's two-month rally.  The Dow dropped 3.9% for the week, dragged down by GM's 15% decline. Crude jumped $6 this week, settling at $132.19 a barrel. All U.S. financial markets are closed Monday.

  • For the week ending Friday, May 23, 2008, the U.S. Equity Markets ended the week down with all of the major indices off by more than 3% on continued concerns about high energy costs.  Oil and gasoline continued to hit new record highs and the dollar declined against major currencies.

  • The equity markes were all down well over 3% for the week as soaring oil prices dominated the market.

  • Dow Down Nearly 4% for Week as GM Drags Friday, 23 May 2008 | 3:21 PM ET

    Stocks declined as a slightly-better-than-expected report on U.S. home sales offered a brief reprieve but proved no match for relentless oil prices.  The Dow Jones Industrial Average and Nasdaq were on track to record their worst weekly percentage declines since mid-February.

  • Stocks Set for Worst Week Since February Friday, 23 May 2008 | 2:40 PM ET

    Stocks pared some losses after a slightly better-than-expected report on U.S. home sales. Oil climbed above $133 a barrel.

  • Oil Clamps Down on Stocks; BUD Pops Friday, 23 May 2008 | 12:09 PM ET

    Stocks pared some losses after a slightly better-than-expected report on U.S. home sales. Oil climbed above $133 a barrel.

  • Microsoft's Ballmer: We Don't Need to Buy Yahoo Friday, 23 May 2008 | 8:59 AM ET

    Microsoft Chief Executive Officer Steve Ballmer said on Friday the company had never seen buying Yahoo as strategic, and dropping the bid meant it now had $50 billion to spend on other acquisitions.

  • Why Europe is Afraid of Google Friday, 23 May 2008 | 5:10 AM ET
    Google Headquarters

    Executives from across Europe's technology, media and telecoms sector fear Internet search and advertising giant Google may steal their business, they told a Reuters summit this week.

  • Yahoo Renominates Board, Postpones Annual Meeting Thursday, 22 May 2008 | 10:37 PM ET

    Yahoo on Thursday nominated nine of its 10 existing directors for reelection to the company's board, setting the stage for a showdown with dissident investors at its annual shareholder meeting.

  • Yahoo's Double Trouble: Shareholder Meet Delayed Thursday, 22 May 2008 | 7:09 PM ET

    It's a double-dose of odd news Thursday night from Yahoo: losing board member Ed Kozel, one of two true outside tech experts on the company's board of directors; and word that the company is delaying its annual shareholders meeting.

  • Ballmer Egging TV Repeats: Editor Response Thursday, 22 May 2008 | 3:38 PM ET

    A few thoughts from the TV editor's desk about CNBC's multiple airings of a video that showed Microsoft CEO Steve Balmer being pelted by eggs thrown by a protester at an event in Hungary a couple of days ago.

  • Google's Good News Bad for Microsoft, Yahoo Thursday, 22 May 2008 | 3:20 PM ET
    Google Headquarters

    At a time when Microsoft and Yahoo publicly stumble about, trying to come up with some way to take on Google's search juggernaut, we now get more market research data showing Google continues to gobble up market share. And it's the kind of news that neither Microsoft nor Yahoo can afford to hear.

  • What Readers Think of Ballmer's Egging Thursday, 22 May 2008 | 8:22 AM ET

    Yep. The Ballmer Gets Egged video indeed was our top video of the day. By far. And you folks had a lot to say about it.

  • Tech Back On Top Wednesday, 21 May 2008 | 6:30 PM ET

    For the first time since 2002 tech has surpassed financials to become the largest sector in the S&P 500. How should you bet on tech?

  • Oil Gushes to Record, Stocks Plummet Wednesday, 21 May 2008 | 6:21 PM ET

    Oil suffocates any chance of stock gains and the Fed minutes further the declines. Also, playing the airlines as a proxy for oil and Dick Bove on summer for the financials.

  • Dow Sheds 1.8% After Fed Cuts Outlook Wednesday, 21 May 2008 | 4:34 PM ET

    Stocks plunged after the Federal Reserve cut its 2008 outlook and oil finished above $133 a barrel.  The Dow shed more than 227 points, or 1.8 percent, bringing its two-day point decline to about 450.

  • Ballmer Getting Egged ... Who's Watching Wednesday, 21 May 2008 | 12:59 PM ET

    Okay, today's top video on the site is Microsoft CEO Steve Ballmer getting egged.

  • Stocks Drop as Oil Pops Above $132; AMR Skids Wednesday, 21 May 2008 | 12:10 PM ET

    Stocks opened flat Wednesday after oil breezed past $130 a barrel, fueling inflation fears.

  • Microsoft Not Bidding to Buy Yahoo: CEO Ballmer Wednesday, 21 May 2008 | 4:08 AM ET

    Microsoft is not looking to bid to buy all of Yahoo but is in talks about other types of deals with the U.S. No. 2 search engine, Microsoft CEO Steve Ballmer said on Wednesday.

  • Netflix Drifts into the Clouds Tuesday, 20 May 2008 | 7:47 PM ET
    Netflix

    Today's Netflix announcement with Roku about a new way to get movies from the net directly to your TV screen and bypassing the computer screen in your home office, is cool for a number of reasons.