Two high profile tech earnings misses soured the mood after-hours Wednesday and could weigh on stocks.» Read More
*First-quarter revenue falls 4 pct to $22.5 bln. April 16- IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products. Total revenue fell 4 percent to $22.5 billion in the first quarter, below analysts' average estimate of $22.91 billion.
In a letter to Cover Oregon's temporary leadership last week, obtained by The Associated Press, Oracle Corp. President and Chief Financial Officer Safra Catz wrote that Oracle provided "clear and repeated warnings" to Cover Oregon that the exchange website would not be ready to launch last October.
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.
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 many other tech companies' stocks have been crushed.
Developers rushed out patches to fix affected web servers when they disclosed the problem, which affected companies from Amazon, Google, to Yahoo.
Developers rushed out patches to fix affected web servers when they disclosed the problem, which affected companies from Amazon.com Inc and Google Inc to Yahoo Inc.. Def Con's network uses an enterprise firewall from McAfee, which is owned by Intel Corp's security division.
PORTLAND, Ore.— Officials with Oregon's troubled health insurance exchange say they've narrowed the options for the site's future to two: switching to the federal exchange, or staying with the current technology and hiring a new contractor to fix it.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. rose. 5 percent to $35.72 with 17,267,100 shares traded. Advanced Micro Devices Inc. fell 3.4 percent to $3.87 with 15,166,900 shares traded.
The mainframe business got slowly crushed by cheaper competition. Will the same thing happen to data management companies? NYT reports.
The tumble of once highflying tech stocks signals a potential shift in investors chasing eye-popping growth, the New York Times reports.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at 1 p.m.:. AT&T Inc. rose. 3 percent to $35.75 with 15,311,200 shares traded. Advanced Micro Devices Inc. fell 1.1 percent to $3.96 with 14,916,500 shares traded.
Microsoft's future hinges on the success of its cloud business, but growing data privacy concerns and a price war could dampen that business.
*S&P 500 rises in Q1 for its fifth straight quarterly gain. NEW YORK, March 31- U.S. stocks rose on Monday, with the S&P 500 ending both March and the first quarter of 2014 with moderate gains, after Federal Reserve Chair Janet Yellen relieved concerns about a rate hike coming earlier than expected.
*S&P on track for fifth straight quarterly advance. NEW YORK, March 31- U.S. stocks rose on Monday, with the S&P 500 on track to end the first quarter of 2014 with slight gains, after Federal Reserve Chair Janet Yellen calmed concerns about a rate hike coming earlier than expected. Micron Tech climbed 7.2 percent to $23.48 while Oracle Corp added 3.6 percent to $40.98.
Snowden revelations about the NSA may be costing U.S. cloud companies billions, and their loss means big business for firms outside the country.
A look at the winners and losers created by the botched rollout of many Obamacare health exchanges.
Stocks finished firmly in the red Wednesday after Fed Chair Janet Yellen suggested interest rate hikes would happen about six months after quantitative easing ends.
*KB Home rallies after results, Adobe Systems falls. NEW YORK, March 19- U.S. stocks barely budged on Wednesday as investors paused after a two-day rally and looked ahead to comments from Federal Reserve Chair Janet Yellen.
NEW YORK, March 19- The world's major stock and bond markets were little changed on Wednesday as investors awaited comments from Federal Reserve Chair Janet Yellen at the conclusion of the Fed's two-day policy meeting.
*Oracle falls after results, but KB Home rallies. The S&P 500 was within striking distance of all-time highs, though an Oracle Corp selloff weighed on tech shares, and economic bellwether FedEx Corp sounded a sour note in its outlook.