The "Fast Money" traders give their final trades of the day.» Read More
407,000 initial jobless claims is the highest since the 425,000 reading of Sept 16, 2005. Disappointing. Futures dropped 8 points, bonds rallied. Continuing concerns over writedowns of European banks caused a brief rally in the dollar, but the poor jobless claims has taken much of the gains out.
Micron Technology, the largest U.S. maker of computer memory chips, on Wednesday posted a wider quarterly loss as revenue fell and costs rose amid a persistent slump in memory chip prices.
Stocks finished slight lower Wednesday as the financial-driven rally that kicked off the quarter Tuesday lost steam. Energy, retail and chips finished mostly higher.
Stocks wobbled at the open Wednesday as the market looked to Federal Reserve Chairman Ben Bernanke, testifying on Capitol Hill today and tomorrow, for direction.
The options market is gearing up to take advantage of what may be a huge run in Rambus stock following the chip maker's court victory this week.
Stocks tumbled Friday, after an initial jump, following news that J.P. Morgan Chase and the New York Federal Reserve are jumping in to help Bear Stearns.
A massive sell-off ends in a paltry 45-point drop on the Dow. Is that reason to sell or celebrate on Wednesday? Find out in the Word on the Street.
Stocks declined Tuesday, with financials taking a beating after news of more fallout from the subprime mess at Citigroup. Energy stocks also fell as oil prices receded.
Stocks declined Tuesday after dismal corporate news about Intel and Citigroup.
Today's disaster du jour comes from Intel, the world's largest chipmaker, reducing gross margin expectations for the first quarter by a couple of percentage points. The company now expects gross margins of about 54 percent, compared to its original forecast of 56 percent.
U.S. stock index futures pointed lower Tuesday, with no major data expected and with corporate news adding to investors' gloomy mood.
Micron Technology, the largest U.S. maker of memory chips, and smaller rival Nanya Technology have signed an agreement on technology licensing and a possible chip joint venture, sources from both companies said.
Our traders reveal the objects of their affection - and the objects of their scorn!
Stocks closed lower Friday, ending one of the market's worst weeks in years.
Merrill Lynch is the topic today: As Morgan Stanley and Bear Stearns have both taken substantial writedowns on their mortgage-related portfolios, there is speculation that Merrill will also be taking writedowns when they report in January.
Memory chip maker Micron Technology Incsaid Wednesday that it was entering the market for solid-state drives for use in computer, server and networking devices, sending its shares up more than 6 percent.
As gadget makers like Apple (AAPL) and Research in Motion (RIMM) soar to new highs, the chip makers, such as Micron (MU), can’t seem to keep up. Carter Worth turns to the charts for a two-faced tech trade. How can tech keep rallying without chips – the backbone of the sector?
Asian stocks finished mostly lower Thursday as losses in the chip sector pulled the major indexes into the red, following a negative report on Intel.
Stocks ended lower on Wednesday as strong manufacturing data released this morning offset broad declines in the tech sector. "From a technical perspective, seeing this kind of pullback is not bad, you want to see consolidation and see some base build," said Sean Brodrick, senior commodities analyst at MoneyandMarkets.com.
Memory chipmaker Micron Technology posted a quarterly loss versus a year-ago profit, hit by declines in prices for chips used in digital cameras, music players and other devices.