Tech investing Today
The Nasdaq topped 4,000 on Monday, its highest level in 13 years.
The tech-heavy index gained 11 points, or 0.3%, to reach 4,003 shortly after the opening bell amid a broad-based rally that also sent the Dow and S&P 500 higher. The Nasdaq peaked at 4,007.09, before shedding some gains and ending the session up 2.92 points, or 0.07%, at 3,994.57.
The Nasdaq flirted with the 4,000 threshold last week, closing at 3,991.64, up 0.14%, or 6 points. Year to date, the benchmark is up a whopping 32.20%.This is where you want to be invested in right now..
Is This Man the Next Microsoft CEO?
There's a shake-up brewing in the business world. Al Mulally, CEO of a rejuvenated, refocused, and red-hot Ford Motor Company, may be heading over to Microsoft, where CEO Steve Ballmer is retreating under fire. Under Mulally, Ford went from the brink of bankruptcy and irrelevance to one of the the most solid performers on Wall Street. Can Mulally do the same thing for Microsoft and move it back into the "Buy" column? Keith Fitz-Gerald joins FOX Business' Neil Cavuto to tackle this question, along with McDonalds' newest strategy and the effect of the looming government shutdown on Wall Street.To continue reading, please click here...
The Microsoft (Nasdaq: MSFT) Deal With Nokia Is Too Little Too Late
Anyone still wondering why Microsoft Corp. (Nasdaq: MSFT) Chief Executive Officer (CEO) Steve Ballmer is being forced into early retirement need look no further than the $7.2 billion Nokia Corp. (NYSE ADR: NOK) deal announced today (Tuesday).
In a note to employees, Ballmer called the Microsoft-Nokia deal "a bold step into the future," but given the already cozy relationship between the two companies, it looks more like a leap of faith.
Stock Market Today: What Stopped Nasdaq Trading for Hours
For what's usually a boring August, the stock market today - and, this week - has kept traders busy...
At 12:21 p.m. EST Thursday, the Nasdaq Stock Market alerted traders that it halted all trades in Nasdaq-listed securities and options due to a technical glitch.
Why the Best Investments in Tech Right Now Stem from This Industry
Money Morning Defense and Technology Specialist Michael A. Robinson has been saying how "Big Data" will deliver some of the best investments in technology that we've ever seen...
You see, by 2009, almost every midsized-to-large company in the U.S. economy was storing more than 200 terabytes of data. (A terabyte is about 1 trillion bytes, or 1,000 gigabytes, or 2 times the size of giant retailer Wal-Mart's data warehouse in 1999.)
Ignore Earnings Noise to Find the Best Tech Stocks to Buy Now
It's been a rocky, uneven earnings season for the tech sector. But if you know where to look amid all the noise and numbers, there are clues that can help you find the best tech stocks to buy now.