Opposing portrayals of a former trader at SAC emerged during opening statements at his criminal insider trading trial in Federal District Court.» Read More
U.S. stock index futures held their gains Thursday, after major averages logged a three-day losing streak in the previous session, thanks to stronger-than-expected trade data from China and following the weekly jobless claims report.
*Tesla Motor and Groupon rally after results. NEW YORK, Aug 8- U.S. stock index futures were higher on Thursday, indicating that equities would rebound following three straight days of losses, though steep gains may be hard to come by with few market catalysts.
It was a literal flood of economic numbers this week for the Fed and investors to chew on—ending with Friday's employment report. This is Talking Squawk.
The indictment of SAC Capital is generating ripples across Wall Street. Cramer doesn't like it.
NEW YORK, July 19- The U.S. Securities and Exchange Commission on Friday charged hedge fund mogul Steven A. Cohen with failing to supervise a former SAC Capital Advisors portfolio manager and another SAC executive, both of whom are facing criminal and civil insider trading charges.
SAN FRANCISCO, June 28- Intel Corp's new CEO said on Friday he would speed up the rollout of chips for smartphones, tablets and wearable devices as consumers move away from personal computers.
WASHINGTON, June 28- Technology licensing company Rambus Inc won a victory in a U.S. appeals court on Friday, as the court overturned a patent office decision to toss out one of its key patents. Patent and Trademark Office to declare invalid a Rambus chip patent which had been used to sue Nvidia Corp and a long list of other companies for infringement.
SAN FRANCISCO, June 21- Ouya's $99 Android videogame console goes on sale on Tuesday, the latest attempt by a growing crop of niche hardware makers to chip away at a market dominated by Sony Corp, Microsoft Corp and Nintendo Co Ltd..
SAN FRANCISCO, June 19- Chip designer ARM said the size and depth of its partner network across hardware and software gave it an edge in mobile technology that top chipmaker Intel Corp and new graphics rival Nvidia Corp would struggle to match.
SAN FRANCISCO, June 18- Nvidia Chief Executive Jen-Hsun Huang said he will license graphics technology to other companies, a new model for the chipmaker that could lead to new business with Apple, Samsung and other mobile device makers.
*Convicted of illegally trading Dell, Nvidia shares. Todd Newman, a former portfolio manager at hedge fund Diamondback Capital Management, and Anthony Chiasson, co-founder of hedge fund Level Global Investors, had been set to begin prison sentences later this summer.
Samsung Electronics has chosen an Intel processor to power a new version of one of its top-tier Android tablets, in a major victory for the U.S. chipmaker.
Hedge Fund Level Global Investors co-founder Anthony Chiasson is also ordered to pay a $5 million fine for insider trading.
Stocks closed lower Thursday, after the Dow and S&P 500 briefly touched fresh all-time highs. Meanwhile, the U.S. dollar rose above the key threshold of 100 yen for the first time since April 2009.
Check out which companies are making headlines after the bell Thursday:
U.S. stock market index futures pared their losses Thursday, following a better-than-expected jobless claims report, but gains were limited following the recent market rally that propelled the Dow and S&P 500 to fresh all-time highs.
For a market that got pumped up because a so-so monthly jobs report wasn't a disaster, Thursday's weekly jobless claims will be big.
Stocks closed out the week with a bang, with the S&P 500 finishing above 1,600 and the Dow briefly topping 15,000 for the first time, as Wall Street cheered a better-than-expected April nonfarm payrolls report.
Forget Apple or Samsung. As the smartphone market continues to expand, the arms dealers that supply chips to the industry should win out.
Armed with Qualcomm Snapdragon processor and competitive pricing, Google plans to turn heads with the new Nexus 7's July launch.