Earnings beats from Google and IBM boosted Apple stock on Wednesday, as traders bet the one-time darling could regain some of its luster when it reports earnings after the bell.
"I think the market is psychologically prepared to continue without Apple, and if Apple gets involved, it could give it a little bit of an adrenalin shot," one pro said.
Take a look at some of Tuesday's midday movers:
A flood of earnings reports, including major technology and industrial companies, could make or break the stock market’s surprise January rally in the week ahead.
Intel reports earnings this week. Option premium can enhance your entry, ease risk, says TheStreet.com.
Warning to investors: major U.S. technology companies could miss estimates for fourth-quarter earnings as "fiscal cliff" worries likely led some corporate clients to tighten their belts last month.
It's been a reversal of fortunes for banks in 2012: financial stocks lead this year, up 26 percent, after performing the worst of all 10 S&P sectors last year.
A federal jury on Wednesday found that Marvell Technology Group infringed two patents held by Carnegie Mellon University, and ordered the chipmaker to pay $1.17 billion in damages.
Western Digital has been rising sharply all month, and one trader is doubling down for more gains in coming weeks.
As sales of PCs decline, there are still strong technology plays for 2013, Walter Price says.
Usually Cramer is keen to gather answers. But this time he felt the question was far more important.
Oct 31- Storage device maker Seagate Technology Plc reported a first-quarter profit below analysts' expectations and forecast weak current-quarter revenue, hurt by slowing PC sales and lower prices. Seagate shipped 57.6 million hard drives during the quarter ended Sept. 28, down from 66 million in the April-June quarter.
Check out which companies are making headlines after the bell Monday.
NEW YORK-- A Citigroup analyst on Friday downgraded the shares of Seagate Technology PLC and Western Digital Corp., two leading makers of hard drives, to "Sell" from "Buy" because he sees weakness not just in the PC sector, but in corporate spending on servers and storage arrays, which also use hard drives.
*Citigroup cuts Seagate Technology, Western Digital to sell-. Reuters Station users, click. 1568. Reuters Station users, click. 4899.
Warren Buffett has a value investing metric that too many investors ignore today — and it's spitting out a handful of stocks right now that are worth buying. TheStreet.com reports.
LONDON, Oct 5- London's Oxford Street, one of world's busiest shopping strips, is suffering from flat-lining demand, signalling that the global economic gloom has spread to leading retail areas.
Cramer makes the call on viewer favorites.
*Moody's has today assigned a senior unsecured rating of A2 to Westfield Group's US $500 million in 144 A Notes.
Take a look at some of Friday’s morning movers: