Oracle reported earnings above expectations as its profit margin hit a record and software sales fell less than analysts had projected.
U.S. stocks finished mixed Tuesday as a quick boost from a well-received Treasury auction fizzled and Boeing dragged on the Dow.
The market traded sideways on Tuesday with Dow finishing slightly lower and the S&P 500 closing a little higher.
It was a solid fourth quarter for the world's second largest software maker, but investors who have pushed these shares higher by better than 50 percent over the past quarter were apparently looking for something more.
U.S. stocks turned mixed Tuesday after a quick boost from a well-received Treasury auction. U.S. Treasurys rallied, adding slightly to their earlier gains after a solid auction of two-year notes. But it was a see-saw day, with any boost or dip quickly fizzling. Read and listen to what the experts had to say...
It's sounds almost simplistic to say that Oracle's spacer shares will only move tonight after the company reports its fourth quarter earnings with a sizeable surprise, either to the up or downside. And some analysts I'm talking to say that surprise, to the upside, is indeed a real possibility.
U.S. stocks turned mixed Tuesday after a quick boost from a well-received Treasury auction.
How are the Fast Money traders gaming this market into the close? Following are the “Fast & Furious” trades - hot ways to play today's market moving events.
Stocks dipped Tuesday after a report showed home sales rose but not as much as expected but started to claw back almost immediately.
Jack Ablin, CIO of Harris Private Bank and Thomas Lee, chief US equity strategist of JPMorgan, discussed whether the recent rally is over or whether this snap-back is an invitation for investors to get back into the game.
Futures indicated a fairly flat open for Wall Street Tuesday, after the stock market saw its worst one-day loss in two months, as defensive stocks rose.
Following are the “Fast & Furious” trades - hot ways to play tomorrow's market moving events.
The Fed meeting and a record $104 billion of Treasury auctions are the big hurdles for the market this week. Plus, weekend news that Apple chief Steve Jobs had a liver transplant will put techs in focus.
This company did a great job of fending off the recession. But will that trend continue?
The Dow, S&P and Nasdaq were all down over 2%, as of late this morning. While these moves are significant, we have seen drops like this before in this rally.
Plus, get calls on aerospace, retail, restaurants, technology and more.
The Nasdaq has just had one of its best starts to a year in the last decade. Need we say more? If so, here you go.
Stocks were two for two for June, notching another gain Thursday as investors were encouraged by the sharpest jump in pending-home sales in 7 1/2 years. But financials sat this one out following a new round of stock offerings.
Before my interview today with Microsoft CEO Steve Ballmer, he glared at me when I told him what Yahoo's CEO Carol Bartz had to say about a potential partnership: I can't react to an offer or a deal when there's no offer or deal to react to, she said. Sometimes silence speaks volumes.