Alibaba Group has reportedly sold additional shares of the company, making the listing of the Chinese e-commerce firm the biggest in history.» Read More
Can earnings guidance be trusted? Firms as disparate as Caterpillar, Cummins, Yahoo! and Research in Motion all beat first-quarter earnings expectations. David Dropsey, equity research analyst at Thomson Financial, and Dirk van Dijk, director of research at Zacks Investment Research, each gave "Power Lunch" viewers their perspectives on the apparent data gap.
Amazon.com said its quarterly net profit more than doubled and raised its earnings and sales outlook for the year, sending its shares up over 10% after hours. The company also posted a slight rise in operating margins, allaying some investors' worries about declining margins amid increased investment spending at the company.
Do you know someone at Google? Make sure they're buying lunch today. Or dinner tonight. A day after the company crushes estimates, pundits and prognosticators are firing up their crystal balls and trying to get a beat on what's coming next from the internet search giant. The numbers from the company are simply staggering. I said on the air last night that Google may have been swinging for the fences, but the ball sailed into the parking lot and smashed a car's windshield.
Christa Quarles, an analyst at Thomas Wiesel Partners, told CNBC’s “Squawk on the Street” that Google’s strong domestic and international growth suggest that the search giant will continue to dominate the Internet.
Henry Kravis, founding partner of Kohlberg Kravis Roberts, didn't want the cameras to be rolling on his speech at the Committee of 100's "Bridge to Change" conference yesterday. But we were taking notes, on some very interesting comments not just about private equity in China, but about what he calls "the golden age" of private equity globally.
Hey everyone. Guest blogger James Altucher is back with his latest stock pick for the contest. Here it is with his reasons: Coming up with stocks good enough for the CNBC is brutal. You have to come up with stocks that are: good companies or at least have the perception of being good companies even if they are going through short-term problems, and..
The big week in Internet earnings reaches a crescendo this afternoon when Google reports earnings. These numbers come at a fascinating time in the company's history.Google has become a kind of financial underdog, compared to other big names in the sector, including Yahoo, which is still licking its wounds, and eBay, which is enjoying its second beat-and-raise quarter in a row. A strange position to be in for a company trading at nearly $500 a share.
Here's the latest on what you're doing with stocks for the contest--and what they're doing to you!! It's pretty much dominated by earnings news, both good (LLTC) and bad (YHOO, ESLR). The most active and widely held lists remain the same. And a stock we took a closer look at yesterday, Seagate, had an impact on another stock--and not for the best. Here's the breakdown...
You don't get on the Wall of Shame because Cramer dislikes the cut of your jib - you have to earn it.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 closed at a new record as blue chip stocks were boosted by upside earnings reports, but stocks ended mixed after two notable tech names disappointed investors. JP Morgan Chase added positive momentum to the financial sector, closing at a new high after the bank reported first-quarter earnings growth of 55%.
The chief financial officer of Internet media company Yahoo! expressed confidence in the company's new online advertising system Panama, despite investors' disappointment with the Internet media company's first-quarter earnings report.
Stocks are heading for a lower opening as some weak tech earnings worry investors. The dollar continues to fall against major currencies. Asian markets were higher overnight, but European stocks are lower. There are no big data items today but earnings could sway direction.
See what analysts had to say about the market today on CNBC.
The Internet's ruling triumvirate has a big week: Yahoo! reports quarterly earnings Tuesday, eBay reports on Wednesday and Google on Thursday. What should cyber-stock investors expect? Mark Mahaney, Citigroup's Internet research director, and Scott Kessler, the director of Standard & Poor's information technology research group, gave "Morning Call" their views.
Stocks are set to open higher, reversing an early negative trend, after consumer inflation data showed muted increases in core inflation. However, the CPI rose at a 0.6% rate when including food and energy, its highest rise since last April. Housing starts rose 0.8%, beating analysts expectatons but below February's increase.
Google's acquisition of DoubleClick wasn't much of a surprise since blogs and news coverage over the past few weeks have indicated that the company was in play and had several suitors, including Microsoft, Google, Yahoo and various others.But the big surprise happened over the weekend when we found out that Microsoft was building a coalition of companies to come out against the deal, and that the anti-trust poster-company was now playing the part of victim. Needless to say, this pot-calling-the-kettle-black legal strategy is raising some eyebrows.
Internet media company Yahoo said on Monday it expanded an advertising partnership with U.S. newspapers, including the addition of leading publisher McClatchy.
Internet and media rivals to Google, fearing an unprecedented consolidation of power in the online advertising market, are expected to urge regulators to closely scrutinize the Web search leader's $3.1 billion deal to buy DoubleClick.
Web advertising leader Google agreed to acquire DoubleClick , a top online advertising network, for $3.1 billion, beating out other major Internet players with its bid. The deal represents the largest acquisition in Google's history and comes just six months after Google paid $1.65 billion to acquire video-sharing site YouTube.
Could Google possibly dominate the Internet ad world any more than it will after this acquisition? Just announced: Google is buying DoubleClick, a top online advertising network for $3.1 billion, beating out some other major bidders.