If you believe the homebuilders have bottomed, Cramer has a pair that could be ready to move. Also, his new favorite infrastructure play.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.
Stocks ended a volatile week with a late selloff, erasing any hope for a quick recovery from last week's trouncing.
Despite predictions that the Dow would be down big, the index posted a triple-digit gain for the second day in a row. So what's the deal?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.
Here we go again--when it comes to all the speculation swirling around whether Google will jump into the cell phone market, not with new software, but with a handset of its own. To wit, we've already reported the myriad possibilities and puzzle pieces pointing to a possible cell-phone market entry by the search giant
The Federal Communications Commission voted 4-1 to adopt a key "open access" resolution supported by search giant Google when a new wireless spectrum is auctioned in January, what could be a significant blow to wireless leaders AT&T and Verizon.The auction could raise as much as $15 billion.
The experts call the 700Mhz wireless spectrum the last piece of undeveloped beachfront real estate in cyberspace, and Google wants it. "I'll tell you, even at Google you can't make a $4.6 billion commitment without being serious," says Chris Sacca, Google's vice president who's spearheading the company's aggressive lobbying effort of the FCC to make sure its voice is heard in the upcoming auction of wireless spectrum.
With stocks in rally mode, it's appropriate to drill down for answers as well as take a look at some key sectors.
Stocks closed higher, helped by buying in the financials sector, as bargain hunters shrugged off lingering concerns about corporate financing. "The question many investors should ask is whether deals are merely being re-priced, which seems appropriate, or will be cancelled," said Jason Trennert of Strategas Research.
Verizon Communications said Monday its second-quarter profit rose, helped by growth in wireless and high-speed Internet subscribers. The company also announced the purchase of Rural Cellular.
Futures are perking up this morning and are setting stocks up for a firmer opening. Traders are turning their attention to earnings and some percolating merger news, and there's a calm on Wall Street after Friday's late day, mad dash down-hill ride for stocks.
An overwhelming majority of Vodafone Group shareholders have backed Chief Executive Arun Sarin's U.S. strategy and rejected calls by a rebel investor to release billions of pounds to shareholders.
Earnings misses by tech darling Google and Caterpillar, one of the Dow's power drivers, are adding to a wobbly opening on Wall Street. Citigroup though is a bright spot with a better than expected 18 percent profit gain and record revenues from investment banking and overseas business.
Macy's, AT&T, Gildan and more...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 Dow Jones Industrial Average closed at a new record high, even as renewed worries about a subprime spillover dragged on the broader market. "I think everything's going really well," said Ron Kiddoo, chief investment officer at Cozad Asset Management. "We think the market is being driven mostly by full employment, low interest rates, low inflation and a reasonably good economy."
If there's going to be a buyout in telecom, Cramer says it should be Sprint.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.
Wireless telecommunications company Vodafone said it is not planning to bid for Verizon Communications, responding to a report it was considering a $160 billion offer.
While Vodafone itself has debunked a story in FT.com's Alphaville blog that Vodaphone was "mulling" a $160 billion takeover of Verizon, Verizon options have been actively traded.