Hewlett-Packard's effort to reshape its business has begun to bear fruit, CEO Meg Whitman tells CNBC.» Read More
Hewlett-Packard's effort to reshape its business has begun to bear fruit, CEO Meg Whitman tells CNBC.
It's a long time coming, but TV content is showing up on non-TV screens like never before, and people are willing to pay for it. Whatever will become of cable?
*Microsoft set to unveil new Xbox Tuesday. *Xbox key to Microsoft's broader push into consumers' lives. SAN FRANCISCO/ SEATTLE, May 18- Microsoft Corp is set to make a splash this week with the eagerly awaited unveiling of its new Xbox game console, eight years after the last version, as it seeks a larger share of the $65 billion a year global computer gaming industry.
SAN FRANCISCO, May 17- Amazon.com Inc decided not to turn pilot project "Zombieland" into a full TV series, but is going ahead with " Alpha House," as the world's largest online retailer enters the next stage of its foray into original video creation.
The blurring of the line between what you watch on TV and what you stream over the Internet continues to get hazier, TheStreet.com reports.
NEW YORK, May 16- The big four U.S. broadcast networks, in need of new TV hits to turn around slumping ratings, are betting espionage programs and old comedy stars will convince advertisers to spend about $9 billion during the so-called upfront selling season.
Flying red flags over the quality of Tesla's earnings would appear to be foolhardy. Still, to ignore it is just as foolhardy.
Google's YouTube could be a $20 billion business within seven years, according to a research note from Morgan Stanley.
Tech upstarts are delivering disruption, and the cloud is the driver.
Big investors are reporting their quarterly holdings, offering a glimpse into what some of the big fish were buying and selling during the first quarter.
*Internet shares among day's gainers; Google hits new high. But shares of Apple's rival Google shot up to a new record high at $916.38 on news that it has adopted a streaming music business model. Google closed at $915.89, up 3.3 percent.
*Upward momentum persists, Internet shares among day's gainers. *Apple leads Nasdaq lower; hedge fund cuts stake in the company. NEW YORK, May 15- U.S. stocks edged up on Wednesday, with the Dow and S&P 500 hitting new all-time highs as the market's recent upward momentum persisted, but a steep decline in Apple kept gains in check.
Among the stock activity stories for Wednesday, May 15, from AP Business News:. _ Netflix Inc. shares are trading at levels not seen since 2011 when it lost hundreds of thousands of customers after hiking prices for people who wanted continued access to DVDs as well as its streaming service.
Take a look at some of Wednesday midday movers:
*Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- U.S. stocks climbed on Wednesday, with the Dow and S&P 500 hitting new all-time highs as the market's recent upward momentum persisted and offset some weak economic data.
*Empire State Index contracts, PPI shows weak inflation pressure. NEW YORK, May 15- The S&P 500 and the Nasdaq rose for a fourth straight day on Wednesday as tech shares gained and offset some weak economic data.
Crowdfunding is helping professionals such as Zach Braff raise millions. See how one start-up is tapping into film financing's "new world order." Wanna be a movie mogul?
Following are 5 themes and related stock ideas that Jim Cramer likes right here and right now.
NEW YORK, May 14- The wave of short-covering that drove shares of electric car maker Tesla Motors to huge gains last week appears to have subsided, but there are still plenty of investors willing to bet against the stock.
TheStreet.com takes a closer look at the catalyst events that could move the stock more than 10 percent, and short sellers have to be prepared.