On tonight’s MAD MONEY on CNBC, Jim Cramer said that after IBM (NYSE: IBM) raised its numbers that was just the excuse to rally tech as it was and oversold. he noted,…
IBM (IBM) has come out raised guidance this morning on strong international orders. Big Blue put earnings at $2.80 EPS, and the First Call estimate was $2.60 EPS. and revenues came in…
So much for the turnaround at Dell (DELL) and the two-year revival at Hewlett-Packard (HPQ). Even overseas PC companies like Lenovo are being hurt by the perception that US demand for computers…
According to Reuters, Bear Stearns (BSC) replaced its CEO James Cayne who will remain chairman. Reuters writes that the CEO of Best Buy (BBY) sees the retail climate getting tougher. Reuters writes…
We had an interesting ticker on the 52-week low club this morning right after the open: DELL. Dell Inc. (NASDAQ:DELL) shares traded down more than 2% under $21.60 right after the open…
PC companies are going after the Apple (AAPL) Mac. Hewlett-Packard (HPQ) and Dell (DELL) are building new laptops with more colorful housings, better processors, and nicer screens. The sales of the Mac…
Dell (DELL) is trying to pick which products it wants to give to retailers like Best Buy (BBY) and Wal-Mart (WMT) and which it wants to sell on the internet. Maybe it…
According to Reuters, manufacturing weakness in the US has raised new fears of recession. Reuters reports that the most recent Fed minutes indicate a willingness to cut rates again. Reuters reports that…
2007 was one volatile year and for now it appears that will be the norm for at least the start of 2008. Everyone’s favorite market pundit or least liked pundit is obviously…
This holiday, the press is replete with stories of sales of Macs on the Amazon (AMZN) website and the transcendent experience of shopping at an Apple store. Perhaps all of those consumers…
Only good news for Apple (AAPL). At least that is how Wall St. looks at the holiday prospects for the maker of Macs, iPods, and iPhones. Apple’s shares hit $199.33, an all-time…
A look at the top-selling PCs on Amazon (AMZN) shows that Hewlett-Packard (HPQ) and Apple (AAPL) are doing unusually well. The HP Pavillion line is doing especially well, as are the Apple…
Most people with a college education would guess that the near-spectacular results posted by Research In Motion (RIMM) and Oracle (ORCL) are a sign that the broad tech industry has not been…
Most manufacturing has gone out of the US. TVs, cars, steel. What is left? Boeing (BA) and a service and technology economy. Companies like McDonald’s (MCD) can’t export cooking hamburgers and staffing…
According to new research, sales of Apple (AAPL) Macs will surge as the year turns to 2008. Based on a two surveys done in November by research firm ChangeWave, 29% of potential…
