Video game sales weren’t quite as bad as some analysts were expecting in July, but the industry once again failed to match its performance of last year.
The traders give their take on Apple, Microsoft, Google and get the lowdown on Motricity straight from its CEO.
Since the pop of the Dot-com bubble, Microsoft has always been the bridesmaid for value investors, but never the bride. But that may be about to change...
The holiday season can’t get here quickly enough for video game publishers. July sales number for the industry will be released roughly two hours after the market closes Thursday – and analysts expect good news to be in short supply. Consensus is fairly wide this month, but the year over year drop in sales is expected to be between 7.5 percent and 15 percent.
Not all tech is created equally, but for most of tech this one point often gets lost in the translation. Beyond the hype, it's really just another cyclical industry, just with some cycles longer than others.
Once again the S&P closed at a key technical level. Can bulls muster enough power to hold their ground?
Time for a sector trade on the next wave of tech innovation; we're talking 'cloud computing'.
Stocks pared losses after the Federal Reserve said it would reinvest proceeds from maturing mortgage-backed securities into the Treasury market.
A new study from Economists Incorporated reports that the video game industry added $4.95 billion to the U.S. Gross Domestic Product last year—and the entertainment side of the software world is growing considerably faster than other segments of the economy.
According to the latest Ipsos Mendelsohn’s Affluent Survey, 47 percent of participants said the economy is their primary concern, up 5 percent from last month. In addition, 85 percent of those who make over $100,000 a year say the economy is still in a recession.
Stocks declined Tuesday as the market was rattled by disappointing economic data out of China ahead of the Federal Reserve's statement on monetary policy.
One of the most common objections to letting the cuts expire for those in the highest tax brackets is that it would hurt small businesses. As Sen. Orrin Hatch (R-Utah) recently put it, allowing the cuts to lapse would amount to "a job-killing tax hike on small business during tough economic times."
As the career of Hewlett-Packard’s chief executive Mark V. Hurd hung in the balance, a public relations specialist convinced the company’s directors that H.P. would endure months of humiliation if accusations of sexual harassment by a company contractor against Mr. Hurd became public. The NYT reports.
Whatever did or did not happen between former HP CEO Mark Hurd and contractor / actress / single mother Jodie Fisher, he's out of a job. Apparently, more than a few HP employees aren't sorry to see him go.
Companies hoarding cash since the start of the recession are beginning to pass on some of it to shareholders , but it's unlikely to match the boom of a decade ago.
Hewlett-Packard shares plunged on Monday following CEO Mark Hurd’s resignation last week after an investigation found that he had falsified expense reports to conceal a relationship with a female contractor. Robert Doll, vice chairman and chief equity strategist at BlackRock discussed his insights.
US stocks posted modest gains during the first week of August, led by the S&P 500 index with a gain of 1.82%. Within the S&P, health care and energy companies rose the most. Pork belly future contracts jumped 18% for the week, while the dollar fell to a 15-year low against the Japanese yen.
Bill Gates was the grand finale of the "Techonomy" conference, taking the stage in a packed room to discuss "Reinventing Capitalism: How to jumpstart what the marketplace can't."
Stocks fell sharply on Friday after the monthly US emplyment report showed more jobs were lost in July than expected. Stuart Freeman, chief equity analyst at Wells Fargo Advisors, and Jeffrey Saut, chief investment strategist at Raymond James, discussed their insights.
Stocks ended modestly lower after an unexpected rise in initial jobless claims and disappointing July retail sales, as the market awaited the critical July employment report.