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Stocks rallied to close at multi-year highs Tuesday after several robust earnings reports and a surprisingly strong report on consumer confidence added to increasing optimism about economy.
Stocks rallied to new multi-year highs Tuesday after several robust earnings reports and a surprisingly strong report on consumer confidence added to increasing optimism about economy.
Hackers have managed to cut Sony off at the knees in several of the most competitive aspects of this generation of video games.
A prototype of the new device, which has been rumored for the past several weeks, will be unveiled at E3, the video game industry's annual trade show in June.
While the Xbox 360 and PlayStation 3 were born with 10-year life cycles in mind, the Wii hit the market with a much shorter projected lifespan. Now there's growing talk that the company could announce its successor as early as June.
In this country of break-dancing androids and artificially intelligent pets, nuclear cleanup crews on the tsunami-ravaged northern coast are depending on U.S.-made robots to enter damaged reactor units where it is still too dangerous for humans to tread.
As the iPhone has stolen the media spotlight and been touted as the sole competitor for Nintendo's dominance of the mobile gaming market, Sony has been somewhat left in the shadows.
While Nintendo had a lot to brag about in March, the overall video game industry wasn't so fortunate.
The most successful recording artist right now isn't Lady Gaga, Katy Perry or Justin Bieber. It's Adele, a twenty-two year-old British pop star with a deep bluesy voice. Her appeal stretches from teenagers to baby boomers, who find her soulful sound classic and timeless. And that wide demographic appeal is translating into huge chart-topping numbers.
Here's why you should keep a close eye on these six stocks.
Anyone who reads the newspaper or watches CNBC knows David Tice. He is the founder of the Prudent Bear Fund.
As the three-month auction for Warner Music Group draws to a close, Yucaipa Companies is the frontrunner. Its $3 billion plus bid would beat a recent offer of $2.8 billion by BMG, a KKR and Bertelsmann joint venture. Both bids are for the whole company.
Stocks closed mixed Monday with tech stocks lower after the market traded within a narrow range during much of a quiet session with the market at or near highs for the year. Johnson & Johnson led the Dow higher, while HP fell.
Stocks gained moderate strength in the final hour of trading Monday, although largely remained within a narrow range, amid another quiet trading session with the market at or near highs for the year. Johnson & Johnson and Wal-Mart gained, while HP fell.
The battle for your home entertainment dollars is heating up. Now cable and satellite TV companies are moving forward with plans to give consumers even more control over how and when they access entertainment as they look to keep subscribers from "cutting the cord."
Sony Online Entertainment, the one-time leader in the online gaming space, has been scaled back significantly.
With its hands tied due to an exclusivity agreement between MLB and Take-Two Interactive Software, EA has had to ride the bench. Today, though, it's stepping back into the batter's circle.
Mars may need moms, but theaters need audiences. Hollywood box office receipts for the first quarter are on track to be down more than 20 percent.
Stocks ended down, after trading in a narrow range throughout much of the session Tuesday, as investors took a breather from a three-day rally amid rising oil prices and ongoing turmoil in Libya and the Middle East. Bank of America and GE fell, while Verizon rose.
Stocks traded slightly lower, and in a narrow range throughout much of the session Tuesday, as investors took a breather from a three-day rally as oil prices rose amid ongoing turmoil in Libya and the Middle East. GE and Bank of America fell, while Verizon gained.