9:00am (EST) The bulls won their third-straight session on Thursday and made another run at upper resistance levels but ran out of gas midday way through the session. The surge during the first half of trading was enough to allow them to coast to victory as the bears never got
Google (GOOG) Beats Estimates, Shares Crack $600
Apple’s (AAPL) Stunning Quarter
9:00am (EST) Oh, baby do you know what that’s worth? ($100 billion) Oh, Heaven is a place on Earth. They say in Heaven, love comes first We’ll make Heaven a place on Earth. Steve Jobs is certainly smiling from up above and it feels as though he never left
Bulls Looking to Breakout
8:50am (EST) The bulls recovered from Monday’s haymaker and rebounded to push the market higher on Tuesday. Believe it or not, there were a couple of decent housing reports released before the bell which helped futures firm up and led to a solid open. The bulls cruised until halftime which
Big Ben's Comments Could Sway Market; Yahoo (YHOO) Hits New Lows
12:50pm (EST) The bulls are ready to add to yesterday’s gains as the market is trading slightly higher ahead of today’s “big event”. There have been a few positive earnings announcements this morning as a number of companies beat expectations on the top and bottom lines. There have also been some
Upgrades Could Keep Momentum Going
9:00am (EST) Futures are trading in a narrow range this morning as we get ready for the upcoming week. There is little economic data due out during the first half of this week and earnings are coming to a crawl so Wall Street will be looking for other cues to give the
Yahoo For $31?
Well, well, well. It appears Microsoft’s (MSFT, $29.24, down $0.16) Steve Ballmer is not a man of his words. For someone who had said that Microsoft wouldn’t raise its offer for Yahoo (YHOO, $28.67, up $1.86) because the original offer was “fair”, Mr. Ballmer is now willing to pay not
Deal or No Deal?
The weekend has come and gone without a deal getting done between Microsoft (MSFT, $29.83) and Yahoo (YHOO, $26.80). Microsoft had given Yahoo’s board of directors until Saturday to agree to its proposal or face a the possibility of a tender offer and proxy battle. Although Microsoft hasn’t revealed its
Yahoo (YHOO, $28.54, down$0.01) posted better-than-expected earnings last night but the numbers fell short in what investors were hoping would be a blowout quarter. The company reported 1Q profits of $542 million, or $0.37 a share. The earnings were only a couple of pennies higher than what Wall Street had