Even if it isn't a bubble, the tech sector has had a pretty big run, and it might be time to look at some cautious ways to target tech-stock returns.» Read More
Some of the names on the move ahead of the open.
*Forest Labs to buy Aptalis, shares rise. NEW YORK, Jan 8- U.S. stock index futures fell on Wednesday, a day after the S&P 500 posted its largest gain in three weeks and ahead of jobs data from the private sector. *Micron Technology shares jumped 9 percent in premarket trading a day after it reported a much higher-than-expected quarterly profit.
Mark Durcan, CEO of Micron Technology, breaks down his company's first quarter earnings and provides his thoughts on the tech landscape in 2014 and making money on "memory systems."
Jan 7- Micron Technology reported a much higher-than-expected profit in the first quarter, helped by strong sales at its recently acquired Elpida Memory business and a recovery in memory chip prices. U.S. memory chip makers such as Micron and SanDisk Corp have been gaining since last year as prices of memory chip prices rebounded from lows hit in 2012..
Companies are making headlines after the bell Tuesday:
Digging into a few momentum names including Netflix and Best Buy, and whether they have more room to run, with CNBC's Herb Greenberg, and Paul Hickey, Bespoke Investment Group.
*UnitedHealth jumps on upgrade, Netflix slides on downgrade. All 10 S&P sector indexes rose for the day, led by the healthcare index, which gained 1.2 percent after Deutsche Bank upgraded the stock of UnitedHealth Group Inc to a "buy. "Shares of UnitedHealth, a Dow component, jumped 4 percent to $77.17.
Some of Tuesday's midday movers:
*UnitedHealth gains on upgrade, Netflix slips on downgrade. All 10 S&P sectors rose on the day, led by healthcare, which advanced after Deutsche Bank upgraded UnitedHealth Group Inc to "buy." Shares of UnitedHealth, a Dow component, jumped 3.5 percent to $76.85 while Tenet Healthcare climbed 4.1 percent to $45.73 as the S&P's biggest percentage gainer.
Which Nasdaq stock do you think will outperform over the next 12 months? Vote in our trader poll and tell us.
Often times when a stock gains this much, Jim Cramer is hesitant to ‘chase.’ But in this case, Cramer doesn't consider it chasing.
Cramer is anticipating at least two market moving catalysts to sweep across Wall Street in only a handful of days.
*Hertz stock hit 52- week high on Icahn purchase report. The market is still awaiting Fed Chairman Ben Bernanke's remarks at 2:30 p.m. in Philadelphia.
*Hertz stock up on Icahn purchase report. NEW YORK, Jan 3- U.S. stocks rebounded modestly on Friday after Wall Street began the new year with a broad decline but major stock indexes were on track to end the week lower. Chairman Ben Bernanke is scheduled to speak at 2:30 p.m. in Philadelphia.
*FireEye jumps after $1 bln Mandiant buy. NEW YORK, Jan 3- U.S. stocks rebounded modestly on Friday, after Wall Street began the new year with a broad decline and investors grappled with a snowstorm that blasted the northeastern United States.
*FireEye jumps after $1 bln Mandiant buy. NEW YORK, Jan 3- U.S. stocks were set for a modest bounce on Friday, after Wall Street began the new year with a broad decline and investors grappled with a snowstorm that blasted the northeastern United States.
*FireEye jumps after Mandiant buy. NEW YORK, Jan 3- U.S. stock index futures advanced modestly on Friday, after Wall Street began the new year with a decline and investors grappled with a snowstorm that blasted the northeastern United States.
*FireEye jumps after Mandiant buy. *Cybersecurity company FireEye Inc has acquired Mandiant Corp, the computer forensics specialist best known for unveiling a secretive Chinese military unit believed to be behind a series of hacking attacks on U.S. companies. FireEye shares jumped 23.8 percent to $50.90 in premarket trade.
Check out which companies are making headlines before the bell Friday:
*Apple leads tech sector lower; S&P tech index off 1 pct. All 10 S&P 500 sectors were lower, with tech among the biggest drags after Wells Fargo downgraded Apple Inc to "market perform" from "outperform," saying the company's market cap had limited upside potential without material market share gains.