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If the entertainment and device division performance by Microsoft in its second quarter was a surprise, the company's online business growth is a stunner, especially as the company tries to chip away at Google's near total dominance.
After blowing away analysts' expectations for the just-finished quarter, Microsoft expects a sensational 2008. "All of our businesses in the first half either met or beat expectations," Chief Financial Officer Chris Liddell told CNBC. "We have a great spread from a product point of view, and a great spread from a geographic point of view."
When Microsoft's earnings came out yesterday, I had to do a double-take because it was hard for me to process just how strong these numbers truly were. I knew the company was poised for a strong quarter, but it was the breadth of its success, and optimistic guidance that took me, and so many investors, by surprise.
Microsoft's strong earnings and bullish forecast could be a catalyst for more tech buying in Friday's session.
Microsoft beat estimates with both its earnings and sales numbers, and the company's shares jumped 8 percent in extended trading.
As the markets continue to swing up and down, some of the biggest names in the Dow Industrials can be snapped up with fairly sizable yields.
A slew of strong earnings, good jobs data and a bounce in commodities kept stocks afloat for the second day in a row. And with Microsoft blowing away its numbers after the bell, the traders expect the rally to continue.
There's lots of talk out there about whether the stock market hit bottom yesterday. You could turn to any number of market gurus, but a theory we've heard from a few is that yesterday's lows may be the bottom for now, and what happens next will be decided in part by the strength of the economy and of course, the Fed.
Microsoft--the world's largest software maker--got a whole lot larger at the end of 2007; the company blowing past Wall Street expectations, and offering up optimistic guidance that could go a long way toward buoying beleaguered equity markets around the world.
Pete Najarian expects the tech giant to post a big number. If it doesn't, look out.
Microsoft's earnings may be the most anticipated report from the tech sector, and possibly the most anticipated report during the earnings season, and here's why: The company is just as big a deal in this country as it is in Europe, Asia, emerging markets.
Robust holiday sales of Wii and DS game machines helped Japan's Nintendo more than double its operating profit in the nine months to December and prompted it to raise its outlook beyond market expectations.
Whether it was the result of bulls stampeding or bears running, Wednesday's 631-point pendulum swing in the Dow certainly lays the groundwork for more high velocity action Thursday when the markets have more earnings and economic news to consider.
After last quarter’s surprise blowout, all nervous eyes are on Thursday’s Microsoft earnings. Can the House That Gates Built do it again? And is this the perfect defensive play in a slowing economy?
Stocks snapped a five-day losing streak, with the Dow surging nearly 300 points on optimism that a government plan to rescue ailing bond insurers is taking shape and could prevent billions more in credit losses.
Technology stocks plunged Wednesday, as weak earnings forecasts from Apple and Motorola sparked fears that tech companies would be hurt by a slowing U.S. economy.
David Pogue picks some of the more interesting iPod accessories unveiled at this year's Macworld.
The Mad Money host takes questions from the live studio audience.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
As investors panic you might discover value. Find out were the Fast Money traders recommend building positions. Also learn where esteemed investor Dennis Gartman is putting his money and more.
A surprise Fed rate cut helped hold back a massive selloff in the stock market, although stocks closed lower on continued worries about the US economy.