FMHR trader Pete Najarian is bullish on Qualcomm after the company reported record revenues, while Mike Murphy is worried amid increased competition.» Read More
Disappointing stats on the job market added another layer of anxiety to a market already worried about a global slowdown, which sent stocks spiraling back into bear-market territory.
The options market is looking at mining equipment makers, cell phone equipment outfits, and the semiconductor sector, Rebecca Darst of Interactive Brokers said on CNBC's "Squawk Box" Thursday morning.
Economic worries are still hanging over the market, and CNBC went straight to the top to get some answers.
Stocks ended mixed Wednesday as economic worries continued to rain down on the market and dampen the post-Gustav rally. All three major indexes had been negative for most of the day, but the Dow tip-toed over the line at the last minute, helped by a 5% gain in GM.
Stocks wobbled Wednesday as economic worries continued to rain down on the market and dampen the post-Gustav rally.
Stocks wobbled Wednesday as economic worries continued to nag the market and rain on the post-Gustav rally.
Oil continues to trend downward, and airlines are again among the most actively traded pre-open (I noted yesterday that oil is down 27 percent since its July highs but the S&P 500 is only up about 5 percent since its July lows);
The Lightning Round is extended in this CNBC.com exclusive feature.
For the week ending Friday, August 22, 2008, the U.S. major Indices fell for the week on the unknown future of mortgage giants Freddie Mac and Fannie Mae, downbeat home construction July data, and soaring producer prices. The NASDAQ Composite performed the worst for the week, declining 1.54%, its steepest decline since Independence Day week. However, Friday was a positive day for the markets helped by a welcome speech by Federal Reserve Chairman Ben Bernanke and a pull back in the price of crude. The Dow had three days of triple-digit point gains & losses, netting to finish almost flat for the week.
Ronald Weiner, president and CEO of the RDM Financial Group, says his two favorite stock picks are in the defense and energy sectors.
Cramer makes the call on viewers' favorite stocks.
Motorola named Sanjay Jha, Qualcomm's chief operating officer, to head its money-losing mobile devices unit and become co-chief executive with Greg Brown.
Following are the week’s biggest winners and losers. Find out why shares of T. Rowe Price and Honda popped while General Motors and Costco dropped.
The Dow finished only modestly higher on Friday after better-than-expected consumer sentiment and falling oil prices failed to really ignite investor optimism.
Stocks pulled off modest gains Friday as enthusiasm for some better-than-expected economic reports outshined a warning from S&P of a possible downgrade on Fannie Mae and Freddie Mac.
On a heavy earnings week with over 30% of the S&P 500 reporting, the markets end the week mixed on positive economic data and a decline in oil prices to an almost two-month low. The Dow and S&P are both down for the week while the NASDAQ ends the week up about 1.2%.
Stocks wobbled Friday as investors weighed a potential S&P downgrade on Fannie Mae and Freddie Mac against some encouraging economic reports, including consumer confidence and durable-goods orders.
Stocks rose Friday after some robust economic data, including a rebound in consumer confidence and an unexpected increase in durable-goods orders.
Plus, Cramer explains why coal, and a lot of energy stocks, aren't buys anymore.
Mobile phone chip and technology supplier Qualcomm on Wednesday posted a profit for its fiscal third quarter and revenue rose amid increasing demand for phones with high-speed Web links.