After 12 years investing in tech companies, Bob Morse found a corner of the market that's ignored. He started Strattam Capital to fund them.» Read More
Microsoft founder Bill Gates is the richest person in America for the 14th year in a row, followed by investor Warren Buffett, according to Forbes magazine's latest list of the wealthiest Americans.
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Two days after Federal Reserve Chairman Ben Bernanke got a vote of confidence from the markets for the Fed's half point rate cut, he and Treasury Secretary Henry Paulson head to Capital Hill for a hearing on the mortgage mess. They appear before the House Financial Services Committee starting at 10 a.m. Thursday.
News of an iPhone price-cut took just about everyone by surprise, not the least of whom were the 270,000 iPhone buyers that first weekend they went on sale, many of whom stood on line for endless hours to plunk down their $599 for device.
Progressive, Perini, Titanium Metals, Coach and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The experts call the 700Mhz wireless spectrum the last piece of undeveloped beachfront real estate in cyberspace, and Google wants it. "I'll tell you, even at Google you can't make a $4.6 billion commitment without being serious," says Chris Sacca, Google's vice president who's spearheading the company's aggressive lobbying effort of the FCC to make sure its voice is heard in the upcoming auction of wireless spectrum.
Goldman Sachs, Flotek, AT&T and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Today wasn't an all-time high for the Nasdaq, but there were plenty of investors who snapped up shares of semis and networking stocks. More than a few big cap techs posted multi-year highs on bullish predictions ahead of earnings, which kick off next week.
Richard Parower, managing director and portfolio manager at J&W Seligman Global Technology Fund, told CNBC’s “Morning Call” that he likes three software companies with solid growth prospects.
Growth is back, and Cramer has some stocks he thinks could double - and then double again.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Did you catch NetSuite's $75 million initial public offering filing? Maybe not, since it's a relatively tiny company, not profitable, and not looking to raise all that much. Ahh, but read the S-1 filing and you get a better sense of the drama playing underneath the paperwork. And that makes this a fun little story during an otherwise slow news week (with the July 4th holiday, post iPhone madness, etc.) Turns out that a company called Tako Investments owns a 74% stake in NetSuite.
NetSuite, billionaire Larry Ellison's software company that sells computer programs accessed over the Web, filed on Monday to raise up to $75 million in an initial public offering.
SAP's chief executive admitted "inappropriate downloads" of documents from archrival Oracle by SAP's TomorrowNow unit but said on Tuesday SAP itself had not had access to that material.
Software maker SAP will respond to rival Oracle's lawsuit accusing it of intellectual property theft by midnight Pacific Daylight Time on Monday, it said in a statement.
Stocks edged higher for the week, closing out a solid first half, but there was little to celebrate going into the July 4th holiday.
Oracle's fourth-quarter sales of new software rose 17% from a year ago to $2.5 billion. Analysts had expected 13% to 14% growth in new software sales, one of the most closely watched indicators of Oracle's financial performance.
Stock futures are perking up this morning after three sessions of selling. Housing starts for May are reported today and there are a few earnings reports to make headlines.
Investors will soon have earnings to add to their watch list, but unlike interest rates and energy prices they may yield a positive surprise. Though interest rates and subprime worries have rattled stocks lately, corporate profits will also be closely watched in the coming weeks. And many market pros think that--like the first quarter--the results will come in above unrealistically low forecasts.
With stock prices lower today, buying on market dips is the way to go, according to two market analysts. U.S. stocks, as measured by the S&P 500, are still relatively cheap and "we think there's still probably about five to ten percent upside before the end of the year," David Stepherson, Sr. Portfolio Manager at Hardesty Capital Management, said.
The S&P 500 and Dow reached all-time highs in May, but what about the NASDAQ? The index is well below its record set in March of 2000. That tech bull run was led by the 4 horsemen; Microsoft (MSFT), Oracle (ORCL), Intel (INTC) and Cisco (CSCO) Who will be the new NASDAQ leaders?