U.S. President Barack Obama said he is not allowed to have an iPhone for "security reasons," though he does have an iPad.» Read More
CVS, Nike, Darden and Research in Motion are just a few of the names he likes.
For the week ending Friday, June 20, 2008, the markets dropped on disappointing earnings results from the financial sector, and a continued spike in crude oil prices added to investors' concerns over inflation. The Dow closed below 12000 on Friday for the first time since Mid-March.
Will the fast-growth of Research In Motion and Oracle save your money from battered bank blues?
The stock market ends the week in negative territory with all major indexes down almost 2% or greater, led by the Dow which dropped almost 4% for the week and broke the 12,000 level for the first time since March.
In an economic squeeze, efficiency and cost-savings are on the front burner. Scott Billeadeau says that makes these small-cap software names especially attractive.
A blast of negativity surrounds the financials this morning and is dragging stocks lower on what promises to be a volatile day.
Wall Street can be a fickle place, and as investors wonder where they ought to park their money while they ride out the economic volatility gripping the country right now, they may want to harken back to some oldies but goodies: Apple Inc., Google, Research in Motion and Amazon.
You’d think tech would have had a better day after Morgan Stanley said the Apple iPhone could double sales in 2009. In the Web Extra find out how the traders are playing it.
Plus, Cramer explains the important link between housing and consumer spending.
This is so much more than just a show about picking stocks.
The Nasdaq survived what should have been a down day, thanks to this tech stock. But why?
The Dow finished Monday’s session modestly lower as investors continued to worry about the course of the economy. What's the "Word on the Street?"
As the world watched Tiger Woods and Rocco Mediate take it down to the wire at the US Open, the Dow was struggling with its own rivalry: Banks were trying to lead a rally, while a handful of stocks were dragging on the blue-chip index. Oil ended down at $134.34 abarrel.
It started with a note from Mike Abramsky at RBC Capital, now calling for a "breakout" fiscal fourth quarter because of iPhone. He's estimating Apple will sell 14 million iPhones in 2008, thanks to last week's new 3G version.
The BlackBerry maker's got the momentum, Cramer says. Also, a new spot has opened up on the coveted CEO Wall of Shame.
Stocks bounced back from an early slide as banks recovered and strength permeated techs, housing and retail stocks. The market had opened lower as oil neared $140 a barrel and after a report from the New York Federal Reserve on regional manufacturing activity showed a worse-than-expected contraction. Lehman shares rose after the firm reported a loss on target with its pre-announcement.
Friday was the first day in what should be a good run in the market.
Yesterday, they were all over the map: plunging, recovering, plunging, settling the day with a mild loss even in the face of what could be one of the most exciting platforms—not products, but platforms—this company has ever unveiled.
The Dow recovered some of its losses from last Friday as oil dropped more than $4 Monday.
Stocks finished mostly higher following a choppy trading day, though weakness in tech companies and the financials thwarted a more substantial rally.