Stocks End Lower Amid Fed Taper Talk; Dow, S&P Briefly Hit Fresh Highs
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Google is using Nvidia to fight its main rivals: Apple in mobile computing, Microsoft in PCs and gaming, and Facebook in social networking, TheStreet.com says.
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Stocks logged another lackluster session Thursday in the wake of Tuesday's spectacular rally as the market digested a mixed bag of economic data and a congressional hearing on the Bear Stearns bailout.
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Stocks opened lower Thursday after a larger-than-expected rise in weekly jobless claims.
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The dramatic unraveling of Bear Stearns and its Fed-engineered sale to J.P. Morgan takes center stage Thursday when the principals in the deal head to Washington.
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The Lightning Round is extended in this new CNBC.com exclusive feature.
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Cramer makes the call on viewers' favorite stocks.
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Also, a crude comeback, RIMM earnings and more on the Fed chief's testimony.
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Research In Motion reported a fourth-quarter profit that more than doubled and beat expectations, and the company delivered a strong outlook.
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Stocks finished slight lower Wednesday as the financial-driven rally that kicked off the quarter Tuesday lost steam. Energy, retail and chips finished mostly higher.
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Research in Motion investors were betting on a big quarter, and the Blackberry maker delivers. And delivers big time. The company reported 72 cents a share on $1.88 billion, with both categories well ahead of Street expectations.
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Here we go again: rumors swirling of iPhone shortages, supply constraints, manufacturing issues, and other sky-is-falling doomsday scenarios swirling around Apple and the product that should guide revenue and growth for the next generation.
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Stocks wobbled at the open Wednesday as the market looked to Federal Reserve Chairman Ben Bernanke, testifying on Capitol Hill today and tomorrow, for direction.
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Let's face it. Most people above a certain age don't "get" instant messaging. Thankfully, Research in Motion has attached Blackberries to the hips of business people so they can e-mail each other on the go. If you think this company sounds boring or its products aren't sexy, you haven't seen RIM's growth numbers.
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Today could be a watershed day for Research in Motion after a raucous quarter that saw shares dip into the low $80s before launching their recent recovery over the past week or so. And that's the quirkiness comes in: never during the quarter was there an indication that fundamentals hit any snags, and yet shares suffered a precipitous decline.
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The exuberance of Tuesday's stock market rally is likely to wane as investors begin to anticipate Wednesday morning Congressional testimony from Fed Chairman Ben Bernanke.
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New hope that the credit crisis is nearing an end sends stocks soaring as investors say good riddance to Q1. Also, the latest on Microsoft-Yahoo, Merck and Schering and more.
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We've spent a lot of time at CTIA talking about Research in Motion, Apple, Nokia and other major players from the wireless world. But it was the surprising comments from Microsoft's spacer entertainment and devices division president during my interview with him that began to drive Microsoft's shares.
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The news, such that it was, seemed intriguing: a blog reported that Research in Motion announced plans this morning at the big CTIA Wireless show in Vegas, that it was going to unveil a Windows Mobile compatible BlackBerry.
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Here's our Fast Money Final Trade. Our gang gives you tomorrow's best trades, right now!
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Stocks advanced Monday, led by financials, as the market looked for insight into the second quarter and braced for closing its worst quarter in 5 1/2 years.
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Rested, relaxed, and now raring to go. Two back-to-back weeks off is a rare treat in this business and we made the most of our time off, but talk about jumping back into the swing of things with a vengeance!