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July 23, 2008 4:43:30 PM CDT

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Stories related to: tech stocks

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9 Stories

  • July 2008

    • Mixed Note Caps Big Week

      newser  |  MarketWatch  |  Jul 18, 08 3:23 PM CDT

      Mixed Note Caps Big Week

      The markets were mixed today as poor results across the tech sector and from Merrill Lynch put the brakes on a two-day rally, MarketWatch reports. Good news from Citigroup kept the Dow buoyant, and it closed up 49.91, at 11,496.57. The tech-heavy Nasdaq took a 29.52-point dive, settling at 2,282.78, while the S&P 500 gained 0.36 to1,260.68. More »

      Tags

      Google  • Microsoft  • S&P 500  • Nasdaq  • Dow Jones Industrial Average  • Citigroup  • Merrill Lynch  • AMD  • tech stocks

  • February 2008

    • Profits Slide as Dell Streamlines

      newser  |  Wall Street Journal  |  Feb 29, 08 6:30 AM CST

      Profits Slide as Dell Streamlines

      Dell posted a 6.5% decline in profits for its fiscal fourth quarter yesterday, citing slowed consumer spending and the cost of restructuring, which included slashing thousands of jobs, the Wall Street Journal reports. The Dell results are likely to cause concern about other tech stocks—especially those that rely on the US consumer market—and doubts about Dell's ambitious turnaround plan. More »

      Tags

      computer  • Dell  • job cuts  • tech stocks  • quarterly results  • tech sector  • Michael Dell  • restructuring

  • January 2008

    • Ailing Yahoo! Can't Keep Up With the Times

      newser  |  ABC News  |  Jan 25, 08 2:25 PM CST

      Ailing Yahoo! Can't Keep Up With the Times

      After miraculously withstanding the dot-com crash, Yahoo is again poised to fall face first off a virtual cliff, with its plummeting stock hardly masked by national economic disrepair. But despite hemorrhaging users to Google, the company is still a huge presence on the Web, with 3 billion daily hits. So "what has gone wrong at Yahoo?" asks ABC's Michael S. Malone. More »

      Tags

      Google  • Yahoo  • recession  • Web 2.0  • tech stocks  • stock price

  • December 2007

    • Oracle Blasts Forecasts With 35% Profit

      newser  |  Bloomberg  |  Dec 19, 07 6:25 PM CST

      Oracle Blasts Forecasts With 35% Profit

      Database software-maker Oracle surprised analysts today, reporting its income surged 35 percent in the second quarter to $1.3 billion, thanks to the success of new programs and customer-support contracts. Experts had expected sales of approximately $5.03 billion, Bloomberg reports, but the company boasted sales of $5.36 billion—pulling in a profit of 25 cents per share. More »

      Tags

      Silicon Valley  • software  • Oracle  • tech stocks  • Larry Ellison  • database

    • Apple Hoards $15B—Why?

      newser  |  Fortune Magazine  |  Dec 7, 07 5:00 PM CST

      Apple Hoards $15B—Why?

      Regulatory filings reveal Apple has $15.4 billion stockpiled, leading to curiosity about its plans for the cash. The company itself hasn't offered much of an answer, but in its Big Tech blog, Fortune speculates Apple could acquire smaller companies, perhaps buying its way into a new area like social networking, though history suggests it won't be making any big acquisitions. More »

      Tags

      Apple  • investing  • tech stocks  • tech companies

  • November 2007

    • Sun Misses Revenue Mark, Falls in Late Trading

      newser  |  Associated Press  |  Nov 5, 07 9:37 PM CST

      Sun Misses Revenue Mark, Falls in Late Trading

      Despite recording its fourth straight profitable quarter for the first time since the dot-com crash, Sun Microsystems fell in evening trading after missing 1Q sales projections by $50 million, reports the Associated Press. Analysts projected the company would bring in $3.27 billion in sales in the quarter; the final number was $3.22 billion. Sun shares were down 2.8% in evening trades. It was the late session's most active Nasdaq issue. More »

      Tags

      corporate earnings  • Sun Microsystems  • tech stocks

    • Online Boom Won't Result in Dot-Com Bust

      newser  |  Wall Street Journal  |  Nov 5, 07 9:25 AM CST

      Online Boom Won't Result in Dot-Com Bust

      Today’s Silicon Valley upstarts are enjoying heady times, but without the excess and risk of their late-'90s counterparts, reports the Wall Street Journal. Sophisticated venture capitalists generally bear the risk involved in the next tech crash, and fewer and less volatile IPOs this time around mean small investors are safer. More »

      Tags

      Silicon Valley  • tech stocks  • tech companies  • tech sector

  • October 2007

    • A Mixed Day on Wall Street

      newser  |  MarketWatch  |  Oct 17, 07 3:52 PM CDT

      A Mixed Day on Wall Street

      A grim financial sector and ever-rising oil prices cancelled  an encouraging tech rally during a so-so day in the markets. Yahoo and Intel reported sunny profits, but news of oil clearing the $89 mark doused the rally. The Dow finished down 20.4 to 13,892.54, the S&P rose 2.71 to 1,541.24, and the Nasdaq was up 28.76 to 2,792.67. More »

      Tags

      oil price  • Turkey  • markets  • tech stocks

    • Tech Stocks Bring Market Down

      newser  |  Bloomberg  |  Oct 11, 07 4:03 PM CDT

      Tech Stocks Bring Market Down

      After flirting with record highs earlier in the day, the markets were brought down to Earth this afternoon by falling tech stocks. The likes of Google, Yahoo, and Apple retreated after JPMorgan cut its third-quarter forecast for Chinese search engine Baidu.com. The S&P 500 dropped 8.06 to 1,554.41, its biggest decline in two weeks; the Dow lost 63.57 to 14,015.12, and the Nasdaq 39.41 to 2,772.2. More »

      Tags

      stock market  • Wal-Mart  • JPMorgan Chase  • tech stocks  • Baidu.com

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