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The Dow surged higher on Thursday on optimism about a possible government resolution to the financial crisis. But the traders might have found the next shoe to drop.
Turns out, reporting pretty good news on a day when the Dow scampers 400 points and the Nasdaq recovers 100 points, translates into fantastic timing for Oracle shareholders.
It's not often that a company like Palm enjoys "bellwether" status, but such is the unusual result of these crazy times on Wall Street where investors are breathlessly searching for any kind of sign post they can find.
If so many things in life come down to timing, today is a day Oracle would probably rather avoid. The Dow's off more than 800 points in a couple of days this week; the Nasdaq plunged more than 100 points just yesterday.
The storm hitting Wall Street ramped up to category 5, and it's not over. Wednesday's markets illustrated in every way the fears investors have been living with since the credit crises began a year ago.
CNBC's Maria Bartiromo discusses Wednesday's market turmoil and looks ahead to Thursday's events.
Each trader reveals a stock (away from all the crisis talk) that could make you money on Wednesday.
In this Web Extra, we reveal how to trade all of next week's market moving events. Find out how to play the Fed decision, Goldman earnings, Kroger, Oracle and more.
As we’ve been telling you, there’s no better market for making fast money than a bear market. But you have to be quick or you’ll end up dead.
Following are the day’s biggest winners and losers. Find out why shares of Citigroup and Disney popped while United Airlines and U.S. Steel dropped.
Both the bulls and the bears can claim to be happy so far today. We have had a rally, and no less than TWO attempts to sell into it. Stocks are holding modest gains so far.
Twice each year, Standard and Poor's runs a stock screen, designed to find stocks that Warren Buffett might find attractive based on his general investment philosophy. The new list has just been released. Guess what well-known name is missing this time around. (Pay no attention to the picture on the left.)
The news business can be an ugly business sometimes. Just ask Apple and its CEO Steve Jobs—the subject of an erroneous obituary report Thursday. We in the news business sensationalize, we rationalize, we sanitize, we get things wrong, and sometimes we stick with stories far too long. But the ugly little truth is that the news business can actually (mis-)manage the news itself...
Stocks rose on Thursday as another decline in the price of oil buoyed hopes that consumer spending will recover. Also financial shares bounced back from a sharp two-day sell-off.
When Google's Gmail service went dark last night for about 90 minutes, cutting off millions of users from their email, it shone a bright light on the promise--and problems--of so-called Cloud Computing.
In today's end-of-week version of the exclusive Fast Money Web Extra of trades not covered on the show, the gang mentions some good trades for the start of next week.
After introducing guest trader Zach Karabell, aka "The Academic," the gang immediately dives into the main lesson learned after stocks soar to end the week (the highest close since June). The dollar also "exploded," with its biggest jump in 8 years against the euro. "Currencies typically do not move like that," says Dylan of the USD's 3.3% gain this week. The S&P 500 also had its best week since April, due in part to the commodities pullback -- it ended the day up 2.4%.
The S&P 500 has moved further into positive territory led by tech giants. Here's what they are contributing.
And Oracle. As the CEO explains, none of the company's peers can compete.
In Tuesday’s Web Extra the traders reveal how to play Oracle now that Larry Ellison has fired another round in his allegations of corporate theft against rival SAP.