There’s a transition occurring in the tech sector. The traditional sector bellwethers—computer hardware, desktop software, consumer electronics—are no longer the areas of growth. Instead, it’s all about the enterprise.
The tech sector has been among the market’s top performers this year, and analysts believe the hot streak may continue. But the usual suspects may not be leading the way.
Stocks advanced Wednesday as investors were encouraged by a few earnings reports, including Morgan Stanley, Yahoo and SanDisk. The VIX, widely considered the best gauge of fear in the market, dropped to just above 20.
Earnings season continues in earnest Wednesday, as we roll on with a week that will ultimately see 25 percent of the S&P 500 report their quarterly numbers.
Major US companies are bracing for a potentially stronger strain of swine flu this year that could threaten the nation's already fragile economic recovery.
Tuesday, 22 Sep 2009 | Source: The Associated Press
The worldwide personal-computer market is pulling out of its slump quickly and could defy predictions by growing this year, Intel Corp. CEO Paul Otellini said Tuesday.
Monday, 21 Sep 2009 | Source: The Associated Press
Dell has agreed to buy the information technology services company Perot Systems Corp. for about $3.9 billion as it looks to expand beyond the personal computer business.
Tuesday, 15 Sep 2009 | Source: The Associated Press
Intel Corp. is claiming in court documents that European Union regulators made serious mistakes in levying a record $1.45 billion fine for monopoly abuse last May.
Wednesday, 2 Sep 2009 | Source: The Associated Press
Uncertainty about Sun Microsystems' future appears to have contributed to serious erosion in the company's market share for computer servers in the latest quarter, according to new data being released Wednesday.
Friday, 28 Aug 2009 | Posted By:
Jeff Cox | Source: CNBC.com
At this point, stock index futures are pointing to modest gains at the open on Friday, as most markets in both Asia and Europe rose, with investors awaiting more macroeconomic data for clearer near-term market direction.
At this point, stock index futures are pointing to modest gains at the open on Friday, as most markets in both Asia and Europe rose, with investors awaiting more macroeconomic data for clearer near-term market direction.
Hewlett-Packard let the wind out of its sails a couple of weeks ago when it essentially pre-announced earnings with news of the 3Com acquisition... Read More
The S&P 500 fell for a third straight day on Friday after weaker than-expected results from Dell and DR Horton left investors questioning the strength of the recovery.... Read More