The Dow clawed back in late trading Wednesday. Technology and industrials gained while health-care and telecom shares continued to drag.
Did Apple ring the bell for the top of this market? That’s the question on the Fast Money desk after a string of tech names failed to dazzle.
Stocks wobbled in mid-afternoon trading Wednesday. Technology and industrials gained while health-care and telecom stocks continued to drag.
If their latest earnings are any indication, Apple and Yahoo will continue to move in opposite directions as far as their influence in the technology sector, analysts said.
Like Yahoo, the worst might very well now be in eBay's rear view mirror, and that's good. But like Yahoo, eBay's growth and return for investors may not be as robust as other players in its sector specifically, and other players in tech more generally, and that's not so good.
Stocks pushed higher Wednesday, led by techs and banks as optimism about the economic recovery gained strength and worries about the Goldman Sach charges subsided.
U.S. stock index futures struggled to find direction ahead of the open Wednesday as investors braced for the next batch of corporate earnings.
Apple could provide some juice for the market Wednesday, despite its typically conservative guidance for the current quarter.
It's no secret that I was tough on Yahoo during the difficult years. Calling attention to management missteps became a blood sport of sorts. I was tough, but I believe, fair. Tonight's earnings topped expectations but disappointed markets. Still, there's a part of Yahoo's report tonight that's deserving of some extra attention.
Apple was hardly the only tech titan to report earnigns on Tuesday. Get the latest on VMWare Juniper, Yahoo! and more.
Stocks ended higher Tuesday, led by energy and financials. But IBM and Goldman Sachs declined.
What follows is a roundup of corporate earnings reports for Tuesday, April 20.
Yahoo will report its first quarter earnings tonight and as the company's stock teeters anew near a 52-week high, investors have to be wondering whether the time has finally come for this company. Well, kind of.
The Dow erased its early gains Tuesday as IBM and Goldman Sachs fell despite solid earnings reports from both companies.
U.S. stock index futures gained ground after Goldman Sachs reported quarterly earnings that easily beat estimates even as the company comes under intensified fire for its trading practices.
Investors are shifting focus to Goldman Sachs' potential for huge profits in its Tuesday morning report, which will likely overshadow the government's civil fraud case against the Wall Street firm.
Apple’s not the only tech story capturing traders' attention. Yahoo will also release earnings on Tuesday.
IBM shares took a hit as soon as its first quarter numbers hit the tape, despite a healthy top and bottomline beat. Those pesky gross margins did the company in, but after a moment or two, cooler heads prevailed, and IBM shares began to recover.
This will be a critical week for tech investors, and if last week's news from Intel and Google was any indication, the news ahead could be very good indeed.
Uncertainty surrounding Goldman Sachs will likely overshadow the positive news from dozens of major corporate earnings reports in the week ahead. Some analysts say the Goldman spacer fraud charges could be the event that will trigger a much anticipated stock market correction.