Discussing whether Netflix is headed higher, with David Trainer, New Constructs CEO, and James Ramelli, KeeneOnTheMarket.com trader.» Read More
The $9.4 billion Fidelity Select Biotechnology Fund plunged 11.75 percent during the first 14 days of April. That put the fund near the bottom among nearly 3,800 U.S. mutual funds tracked by Lipper Inc. Only six funds performed worse, but they had less than $100 million in assets each.
Headlines after the bell Wednesday: GOOG, AMEX, IBM
In his quest for stock ideas, Jim Cramer often turns to entrepreneurs on the cutting edge.
*Coca-Cola and Johnson& Johnson rally after results. *Tesla and Netflix slide, but Twitter jumps after deal. NEW YORK, April 15- U.S. stocks ended a volatile session higher on Tuesday, lifted by gains in such blue-chip names as Coca-Cola and Johnson& Johnson, though persistent weakness in momentum names limited the Nasdaq's advance.
The Nasdaq staged a more than 2 percent rally back from the brink of correction territory Tuesday in the biggest one day turnaround in five years.
NEW YORK, April 15- U.S. stocks ended higher after a volatile session on Tuesday, lifted by gains in Coca-Cola and Johnson& Johnson, though weakness in Apple, Tesla and Netflix limited the Nasdaq's advance. The Dow Jones industrial average rose 89.32 points or 0.55 percent, to end unofficially at 16,262.56.
NEW YORK— Stocks managed to close with modest gains on Wall Street after a day of up-and-down trading. Johnson& Johnson rose 2 percent after its income rose. Toll Brothers and other homebuilders fell after a measure of the industry's confidence in the housing market remained low.
April 15- Calling the stock market downdraft a correction contained to technology may be both optimistic and premature. Last week was the worst for the tech-heavy Nasdaq index since June 2012, and though all major U.S. indices finished the week lower the most striking losses were among shares which had enjoyed very strong upward momentum.
Stocks jump, fall, then rise. The whipsaw action has recently become commonplace among major indices.
NEW YORK, April 15- U.S. stocks fell on Tuesday as early gains evaporated when momentum shares once again lost ground, overshadowing a jump in Coca-Cola and Johnson& Johnson after their quarterly earnings. Tesla Motors Inc fell 5.5 percent to $187.25 and NetFlix Inc dropped 4.5 percent to $316.82 to rank among the worst performers in the Nasdaq 100 index.
NEW YORK— Microsoft's new Windows system for smartphones addresses many of the shortcomings in previous versions. Meanwhile, Windows Phone's lack of a central hub for checking notifications from Facebook and other services has been addressed with a new Action Center. The Windows store is getting better and has many popular apps such as Facebook and Netflix.
Although pay-TV industry was down in 2013, it is expected to rebound throughout the next five years. Subscriptions are expected to grow annually.
It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Jim Cramer goes beneath the rally. What drove the advance and can it endure?
With the deadline for filing hours away, tax professionals across the country said some clients have been surprised to learn the Internal Revenue Service was taking a larger bite.
Apple stock or shares of Twitter? Josh Brown and Jon Najarian face off.
SAN FRANCISCO— Netflix's videos are streaming through Comcast's Internet service at their highest speeds in 17 months, thanks to a recent deal that bought Netflix a more direct connection to Comcast's network.
NEW YORK— Is the selling over or has it just begun? That's the question investors are asking after the biggest weekly drop in the Standard and Poor's 500 index since January. "The market has been trying to come back, but each time the selling just picks up," said Quincy Krosby, a market strategist at Prudential.
SAN FRANCISCO— The stock market's laws of gravity are ravaging its highest fliers. Stung by the abrupt change in sentiment, the stocks of recent stars such as Netflix, Facebook, Twitter and LinkedIn are 20 percent to 45 percent below their recent peaks. The S&P 500 is 4 percent off its recent high on April 2.
Intel, Oracle, Microsoft and Cisco, known as the four horsemen during the late 1990 s technology boom due to their strong performance and leading market share, have all rallied since the beginning of March even as stocks of many other tech companies have been crushed.