Jim Cramer reviews recent market events and compares to his checklist of items that must be reached to create an investable market bottom.» Read More
Combining current streaming services including Netflix, Hulu, CBS All Access and the expected price of HBO's service, which starts next year, would run you about half of the average price of monthly cable and satellite television service. Even if other networks jumped on the standalone bandwagon, trying to buy all your favorite channels a la carte would add up...
NEW YORK— Cord cutters rejoiced last week after HBO and CBS announced plans to sell stand-alone streaming services, a move that cable and satellite television providers have resisted for years. Get Netflix, throw in HBO, add a network here and there— why would anyone sign up now for cable? And smooth streaming costs money: to avoid so-called "throttling" during peak...
*IBM slumps after quarterly results. NEW YORK, Oct 20- U.S. stocks were mixed on Monday, as the S&P 500 and Nasdaq advanced, but the Dow fell as quarterly results from IBM disappointed. IBM shares slumped 6.9 percent to $168.56 as the biggest drag on both the Dow and S&P 500 after the company's third-quarter earnings fell well short of Wall Street expectations.
Mark Cuban bought $17 million worth of Netflix. What's more important is that he started his bullish positioning through options.
Some of Friday's midday movers:
Oct 17- Billionaire investor Mark Cuban said he is buying Netflix Inc shares as he considers the video streaming company to be an acquisition target. Netflix shares were down 1.3 percent at $357.03 in midday trading on the Nasdaq. They earlier traded as low as $341.50, down 5.6 percent, after Goldman Sachs slashed its price target on the stock to $450 from $550,...
Dallas Mavericks owner Mark Cuban explains why he bought shares of Netflix today. He says he's long about 50,000 shares of the stock.
Dallas Mavericks owner Mark Cuban speaks to "Fast Money Halftime Report" about his call to buy Netflix now.
The investor said on Twitter Friday that he planned to buy the stock because of its low valuation.
CNBC's Dominic Chu reports on Mark Cuban's call on Netflix, where says he is buying the stock.
General Electric shares rose 3.8 percent to $25.17 after the company reported third-quarter earnings that topped analyst expectations, pushing the S&P industrial sector up 1.8 percent. Fellow industrial Honeywell shares gained 4.1 percent to $89.27 after its quarterly results, to help send the S&P industrials sector up 2.3 percent.
After six days of losses that shaved nearly 900 points off the Dow, markets rallied sharply on Friday. Not everyone took part, though.
NEW YORK, Oct 17- U.S. stocks were higher at the open on Friday, following a batch of solid earnings reports that eased concerns about the impact of weak global demand on U.S. growth and businesses. General Electric shares rose 2.8 percent to $24.94 after the company reported third-quarter earnings that topped analyst expectations, pushing the S&P industrial...
Jim Cramer takes a look at why the market rallied on Thursday and warns investors that it may be a temporary bounce
NEW YORK, Oct 16- Time Warner Inc's decision to make its prized HBO channel available to people who don't subscribe to Pay TV may delight such "cord cutters" but will likely crank up tensions with cable and satellite TV service providers. HBO Chief Executive Richard Plepler did not discuss price or potential partners on Wednesday when he revealed the news before...
Jim Cramer analyzes what caused the drop in Netflix on Thursday, and how this impacts its role as a "cult stock"
Jim Cramer reviews the events in the market on Thursday to determine if it has finally reached a bottom for investing
*Netflix tumbles after quarterly results. NEW YORK, Oct 16- The S&P 500 and Nasdaq eked out slight gains after another choppy session on Thursday as economic data eased fears about the potential effect of a weakening global economy on the United States. Providing some support to the market, St. Louis Federal Reserve Bank President James Bullard told Bloomberg...
NEW YORK— Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:. Chesapeake Energy Corp., up $3.02 to $20.79. The energy company is selling drilling assets in West Virginia and Pennsylvania to Southwestern Energy Co. for $5.4 billion.
Stocks wavered Thursday, with energy companies pacing gains as oil reversed up.