With all of the carnage in the financial sector it would be hard to believe that any other group of stocks could have done worse. The technology sector claims that, for the…
Goldman Sachs has made some changes this morning in its coverage team that analyzes communications technology. For starters, the overall stance on the group has been changed down to a Neutral view…
We routinely look over major changes in short interest from period to period. While the more frequent twice-monthly reporting is conducted by exchanges, it sometimes gives a little insight into the psyche…
Oracle’s (ORCL) earnings were excellent by any measure except, perhaps, the perverse yard-stick of Wall St. Revenue rose 21% and profits were up 30% To say in another way, margins improved sharply,…
Short interest for number of tech stocks listed on Nasdaq rose on March 14 compared to figures from February . Shares short in Microsoft (MSFT) spiked up 7.4 million to 123.1 million.…
After today’s close we’ll get to see earnings out of Oracle Corp. (NASDAQ: ORCL). The estimates for the enterprise software company from First Call are $0.30 EPS on $5.42 billion in revenues. …
For those intrepid enough to go into the market today, there are some stocks that are down under 1%. Some are even up slightly. A shopping list for the insane: Micrsoft (NASDAQ:MSFT),…
According to NASDAQ figures on short selling on February 29, share sold short in tech companies dropped sharply, an indication that investors are not willing to bet that stocks in the companies…
The short interest for stocks traded on the Nasdaq as of February 15 shows that investors made very big bets against telecom and technology stocks. The numbers compare to those on January…
These are the early bird analyst calls we are focusing on this Thursday morning at 247WallSt.com: Agnico-Eagle Mines Ltd. (NYSE: AEM) cut to Neutral at UBS. Allscripts (NASDAQ: MDRX) raised to Buy…
The fear of a slowdown in tech spending has done a great deal of damage to big tech stocks. Over the last three months Amazon (AMZN) is down 3%, Intel (INTC) is…
Rising short interest in tech stocks traded on Nasdaq shows the extent to which investors are willing to bet against the sector. The figures compare shares sold short as of January 31…
VMware, Inc. (NYSE: VMW) has already taken its hit from the earnings expectations getting high enough that the stock just couldn’t hold up to expectations after a monumental IPO. There is always…
According to Reuers, Exxon (XOM) won a court order freezing $12 billion of its assets in Venezuela. Reuters writes that Congress has passed an economic stimulus package and sent it to Bush.…
It’s always expected that you see analyst downgrades any time you see disappointing news out of a company. This morning we did see at least two downgrades on Cisco Systems (NASDAQ: CSCO)…
Douglas A. McIntyre