The smartphone slowdown is showing up in falling profits for handset makers, as well as sweeping job cuts across the once red-hot sector.» Read More
Plus, Cramer explains where the U.S. government will find that $700 billion.
A growing body of statistical and anecdotal evidence suggests that demand for televisions, computers, cameras and other electronics is falling sharply, say the New York Times.
Stocks ended lower as hoopla over the government's plan to buy stakes in the nation's largest financial institutions died down and worries about earnings crept in. The Dow ended down just 75 points after swinging in an 850-point range. The tech-heavy Nasdaq lost 3.5 percent.
Amidst investors’ worries about declines in the technology sector, CEO Richard Prati at American Technology Research, told CNBC that he feels bullish about some companies.
Following are the day’s biggest winners and losers. Find out why shares of Alcoa and Research In Motion popped while Sovereign Bank and GE dropped.
Stocks bounced back from their worst week ever with one of their best performances in history as investors cheered a global cash infusion designed to unthaw the credit market and avoid a global meltdown. The Dow gained more than 900 points, its biggest one-day point gain ever.
Stocks bounced back from their worst week ever as investors cheered a series of measures and cash injections by governments and central banks designed to prop up the banking sector and avoid a global meltdown. The Dow was up nearly 500 points, or more than 5.5 percent.
Global stock markets rebounded Monday as the world's governments stepped up plans to bailout the financial sector. CNBC's experts weigh in on whether the rally has legs.
October 9, 2007 -- it felt like any other day on Wall Street. But it wasn't...
Stocks opened aggressively higher Thursday as Wall Street sought to break a dismal six-day losing streak.
To find an answer, you have to look back to the Nasdaq circa 2003.
Cramer makes the call on viewers' favorite stocks.
The Dow pared its massive loss in the final hour of trading Monday after fear that the credit crisis is spreading rippled through world markets. The blue-chip index ended down about 370 points, after being down as much as 800 at one point.
The Dow dropped below 9,600 Monday after global markets took a pounding amid fear that the credit crisis is spreading around the globe.
Wall Street capped its worst week in seven years with a late day selloff as traders briefly celebrated the House's approval of the Wall Street bailout, then yanked their positions ahead of the weekend.
Stocks hovered around the flat line Friday afternoon after the House approved the revised $700 bailout bill for Wall Street. Apple shares recovered as did shares of Hartford and other insurers.
Art Hogan, managing director at Jefferies, advises investors to look at stocks that are ridiculously cheap.
Stocks rallied Friday as investors pinned their hopes on the House passing the bailout bill today. Apple shares recovered after the company denied a rumor about Jobs' health.
Stocks declined Thursday as dismal reports on factory orders and jobless claims piled on to a market already on edge about a freeze in the credit markets and the bailout bill as it heads to the House. GE was the biggest drag on the Dow.
Stocks rebounded Tuesday amid hope that Congress will regroup and pass a bailout bill this week. Financials rallied and Apple, one of the hardest hit techs on Monday, gained 8 percent. Still,