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Richard Greenfield, co-head at BTIG Research, says there was real fear that Facebook would damage Zynga in the upcoming months.But Facebook "needs Zynga," he says.
Stocks ended narrowly mixed in a lackluster session Thursday following a handful of mixed earnings reports, decline in weekly jobless claims and ahead of the government's monthly employment report due Friday morning.
Facebook, which filed for its hotly anticipated IPO after the stock market close Wednesday, unveiled some surprises in its hefty 202-page regulatory document.
Arvind Bhatia, Sterne Agee analyst, explains why Zynga may not monetize its mobile connectivity, and why online gambling is a long shot for the company. The Fast Money traders weigh in on the trade.
Shares of the following companies are showing unusual moves in Thursday's trading session.
Take a look at some of Thursday morning's early movers:
Anxious investors not wanting to wait for Facebook’s public debut have been snapping up shares of companies that stand to benefit from the social-networking giant's mega-IPO.
Facebook made its long-awaited filing with the Securities and Exchange Commission for an initial public offering. It is expected to trade under the ticker symbol "FB."
Nasdaq OMX posted its second-best quarter ever on a non-GAAP basis Wednesday, in a declining volume environment. Bob Greifeld spoke to Maria Bartiromo in a CNBC exclusive interview.
Will the Facebook initial public offering be bullish or bearish for the stock market? Conventional wisdom is that big, headline grabbing IPOs are generally bullish for the overall stock market. But, conventional wisdom is often wrong — at least in the short term.
Facebook's planned initial public offering is the talk of the business media these days. I'm sorry to ruin the party, but what happened to Facebook violating a bunch of Yahoo!'s 1,100 patents in social and search?
Facebook’s biggest investor does not think there is a tech bubble and said he’s “pretty sure” the company can continue to grow for a long time once it becomes public.
Facebook could file for its long-awaited initial public offering as early as Wednesday, the Wall Street Journal reported Friday.
How cool is Michael Grimes? Grimes is the global co-head of Morgan Stanley's technology investment banking group. He's the guy who is credited with making Morgan Stanley the number one shop for tech IPOs.
It is “inevitable” that Facebook will go public and when it does it could be “the largest offering in history,” said Sean Parker, the first president of the social-networking site, in an interview with CNBC at the World Economic Forum in Davos.
Get ready for a busy year of media mergers and acquisition activity – that’s the headline from PwC’s Entertainment and Media Report.
There’s been a ton of attention today to the massive to the anti-piracy Stop Online Piracy Act - But few have explained why EVERY SINGLE media giant supports the bill and why they’re desperate to fight piracy.
The start-up boom means there are more freshly minted millionaires looking to manage their wealth. And Wall Street firms are happy to help, for a fee. The New York times reports.
As employee dissatisfaction spreads through the financial-services industry amid waning profits, slashed bonuses and layoffs, New York's bustling world of tech startups is attracting fed-up financiers, offering them jobs, cash and a shot at creating empires of their own.
On Monday, one analyst initiated coverage on Zynga — which makes games, such as FarmVille and Words with Friends — with an overweight rating and a $11 price target.