Henry Blodget, Business Insider editor-in-chief & CEO and CNBC's Jon Fortt, discuss Steve Ballmer's exit from Microsoft's board to run the L.A. Clippers.» Read More
Symantec, the world's biggest security software maker, posted a lower fourth-quarter profit that beat analysts' forecasts, sending its shares more than 5% higher in after-hours trading.
With the stock market booming and wealth in America exploding, more of the rich and super-rich are giving big bucks to charitable causes.
Stocks closed higher and the Dow ended at yet another record high following better-than-expected economic data and healthy mergers activity. "We're getting that soft landing scenario people were hoping for -- inflation pressures are starting to ease," said Thomas Higgins, chief economist at Payden & Rygel.
The market may not bat an eyelash at deals worth $5 billion these days, but News Corp.’s offer of $60 a share for Dow Jones is a “game changer,” said Erin Burnett during her daily chat with Jim Cramer. But will it go through? Cramer thinks so.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.
M&A speculation and earnings updates were the catalysts behind some of Tuesday's most actively traded stocks.
The Supreme Court sided with Microsoft in a case that restricts the reach of U.S. patents overseas. The decision could impact other lawsuits against Microsoft and save the company billions because of the global scope of its operations.
Stocks posted their fourth straight week of gains, pushing the Dow Jones Industrial Average to its third record close in row. The markets were boosted by better-than-expected corporate earnings, which managed to outweigh a weaker-than-expected estimate of first-quarter economic growth.
With the Dow Jones Industrial Average hitting another record, investors are asking: buy or sell? Robert Zagunis, co-portfolio manager at Jensen Investment Management, and Jeff Mortimer, portfolio manager for Schwab Core Equity Funds, gave "Closing Bell" viewers their answer: buy.
As if traders are taking a collective sigh ahead of this morning's gross domestic product report, stock prices are languishing in lower territory after their recent run. Earnings news continues to power prices of some standouts, like Microsoft, which is rising after yesterday's strong report.
Microsoft reported earnings of 49 cents a share for its fiscal third quarter, topping analysts' forecasts, as revenue booked on discounted license upgrades for the new Windows Vista operating system and Office 2007 software boosted results. Microsoft's quarterly revenue of $14.4 billion also outstripped estimates.
Wow! Talk about a busy earnings season. I haven't had much time to breathe lately, which explains the lack of blogs these past several days. The financial flurry has been non-stop and right now is the first chance I've gotten to catch that long-lost breath. And it gives me an opportunity to focus on Microsoft, which reports after the bell today.The Street is looking for 46 cents on $13.89 billion in revenue.
Stocks are set to continue their move upward this morning, after world markets joined the Wall Street buying spree that pushed the Dow above 13,000 for the first time and brought the S&P 500 within striking distance of its 2000 high. Stronger-than-expected earnings continue to set the tone this morning, with reports from Ford, Exxon Mobil and 3M already in and Apple still aglow from yesterday's strong profit report.
Hey folks, here are today's trivia questions. The video question is worth $2,000 Bonus Bucks: According to the Alix Partners brand survey, which company was voted the least trusted brand in America? Your selection of answers is: Microsoft or Kraft or Ford or Sony. The news question is worth $1,000 Bonus Bucks: How many vehicles did Toyota sell worldwide in the January-March quarter? Your selection of answers is: 2.348 Million or 4.663 Million or 5.347 Million or 5.139 Million.
Microsoft has responded to European Union allegations that it is overcharging rivals for information that would make their products work better with Windows. The software maker also repeated its request for more guidance on what regulators consider to be an acceptable price.
Microsoft may face a new kind of antitrust punishment from the European Union if the company, already hit by multi-million-dollar fines, continues to defy it, the bloc's top competition official hinted.
Ashok Kumar, an analyst at Raymond James, told CNBC’s “Squawk Box” that he expects Texas Instruments’ earnings to improve in the second half of the year.
Research In Motion is set to roll out new software that will let users turn smartphones running on Microsoft's Windows Mobile platform into virtual BlackBerries.
Next week is all about Apple (AAPL) and Microsoft (MSFT), as both tech titans report earnings Wednesday and Thursday, respectively. So what’s the tech trade ahead of these two monster reports?
U.S. sales of video games, devices and accessories rose 33% to $1.1 billion in March, propelled by sales of new video game consoles like the last-generation PlayStation 2 from Sony, market research firm NPD said.
Christa Quarles, an analyst at Thomas Wiesel Partners, told CNBC’s “Squawk on the Street” that Google’s strong domestic and international growth suggest that the search giant will continue to dominate the Internet.