Some of the names on the move ahead of the open.» Read More
Just when you thought it couldn't get any worse for Advanced Micro Devices, Banc of America kicks the company when it's down, right in the teeth. And the report is sending a shudder through all of big-cap chip stocks.
Black Friday has come and gone, but you might want to call today Black Friday: Part II as we usher in the last weekend before Christmas. I'm inside a Best Buy in the heart of Silicon Valley, where business has been more than brisk these last few weeks...
Falling shares are likely to keep sliding in the near-term, cautions David Sowerby -- so hold off on bottom-fishing for stocks. Instead, the chief market analyst and portfolio manager at Loomis Sayles names stocks that will continue to benefit from capital spending.
How aggressive will the Fed be? They are expected to cut 25 basis points and many are expecting a 50 basis point cut in the discount rate. Some are also expecting new innovations to encourage banks to use the discount window.
Mobile phone chip maker Texas Instruments raised the midpoint of its fourth-quarter revenue and earnings target range on Monday as strength in global demand appeared to offset U.S. economic concerns.
Stocks posted their biggest gains in a week even though a series of strong economic reports cast doubts about whether the Federal Reserve will cut interest rates next week.
As the economy slows, Jeff Krumpelman finds strong promise in the chips. The senior portfolio manager for Fifth Third Asset Management specifically likes Intel. It's a large-cap company with a policy of dividend growth.
Keith Wirtz, president and chief investment officer of Fifth Third Asset Management expects at least a couple of large-cap winners to stay in the winning column in 2008, including Apple.
Confirming its long-rumored foray into the mobile market, Google said Monday it is developing a free cell phone software package so the Internet search leader can more easily peddle ads and services to people who aren't in front of a PC.
Chip maker Broadcom posted a 75 percent drop in quarterly profit Tuesday, missing market forecasts as R&D and litigation costs offset higher revenue, sending its shares down 4.5 percent.
Stocks ended broadly higher amid continued strength in the tech sector, which gained following Research in Motion's deal to distribute BlackBerry smartphones in China, along with strong earnings reported by Apple.
As suspected the market cares more about Apple's earnings than anything else this morning. However, a number of other important companies came through, with a couple exceptions. At American Express, investor concerns about a slowdown in card spending and an increase in charge offs did not materialize.
A quarterly profit increase of 10 percent at Texas Instruments represented both good - and not-so-good news for Texas Instruments
As I reported last week, tech was the bright lure in an otherwise fishy market. Well, we saw just how stinky that market could become Friday when not even tech brought buyers in the door. But those buyers were the first ones back in on Monday, and Apple promises to keep the tech fire burning. It reported a 67% jump in fiscal fourth quarter profits earnings to $904 million or $1.01 per share, well above expectations. Apple shares were sharply higher after hours.
Texas Instruments said quarterly earnings grew 16 percent from the year-ago quarter thanks to strong analog chip sales, but the mobile chipmaker forecast revenues below analysts' estimates, sparking a drop in its stock.
Stocks rallied late in the session to end a seesaw trading session higher as bargain hunters stepped in despite economic concerns and worries about global credit markets. "It seems like a little bit of a bounce back from Friday's Armageddon," said Mike Burnick, director of research at the Sovereign Society.
And the bell rang and what happened was a very modest late day rally. Perfect. A big selloff, and fear levels would go way up. A big comeback, and the bears--who have gained a great deal of traction in the past week--would be throwing stones immediately. Very modest rally is just the right reaction.
When you hear the names Intel, Qualcomm and Texas Instruments, healthcare isn’t the first thing that comes to mind, but that could change.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The European Commission said on Monday it had decided to open formal anti-trust proceedings against Qualcomm over the U.S. company's patent licensing rates for third-generation mobile telephones.