Technology stocks slipped early Wednesday, led by slumping shares of Cisco Systems Inc. and Netflix Inc.
Cisco CSCO -2.02% fell 1.7% to $18.26, one of the top decliners within the Dow Jones Industrial Average DJIA -0.79% , which lost more than 80 points at last check.
Shares of Netflix NFLX -2.62% sank more than 2% to $69.
The Nasdaq Composite Index COMP -0.93% retreated nearly 1% to 2,601. The Morgan Stanley High Tech 35 Index MSH -1.08% was also down 1%, while the Philadelphia Semiconductor Index SOX -1.15% was off 1.1%.
Major chip shares traded broadly in the red, including Advanced Micro Devices AMD -1.99% , off 1.5%; Texas Instruments TXN -1.28% , down 1.3%; and Nvidia Corp.NVDA -1.71% , off 1.2%.
Preston Waters is a thinker. He's not your traditional philosophical persona, however, as he leaves no topic untouched. Covering all the bases, from business to women, Preston Waters is the ultimate man's man for Gen-Y.
Halloween is just around the corner and you know what that means: an abundance of promiscuous costumes! At some point over the course of our lives, our generation decided to transition Halloween from a holiday that was all about collectin...
Stocks were kicking off May in high style Tuesday, posting sharp gains after a much better-than-expected report on U.S. manufacturing activity. The Dow Jones Industrial Average was rising 103 points, or 0.8%, at 13,317, after hitting a four-year high at 13,338. The S&P 500 was up 14 points, or 1%, at 1413, and the Nasdaq was adding 23 points, or 0.7%, at […]
U.S. stocks were rising in midday action Tuesday following a better-than-expected read on U.S. manufacturing activity.The Dow Jones Industrial Average was up more than 116 points, or 0.9%, at 13,330. The biggest percentage gainers within the Dow were Bank of America (BAC), JPMorgan Chase (JPM) and Intel (INTC). Shares of Bank of America rose 2.59% to $8.32. The bank said Tuesday it plans to lay […]
Monster Beverage Corp’s shares soared on Monday following a report that Coca-Cola Co. was considering buying the energy drink maker. The Wall Street Journal cited unnamed people in reporting that the world’s biggest soft drink maker was in talks to buy Monster. If a deal transpired, Monster would be Coca-Cola’s largest brand acquisition ever. Monster declined […]
Stocks were surging in morning action Tuesday after a much better-than-expected report on the pace of national manufacturing activity in April.The Dow Jones Industrial Average was rising 80 points, or 0.6%, at 13,294. The S&P 500 was up 12 points, or 0.8%, at 1410, and the Nasdaq was adding 29 points, or 1%, at 3075. Stocks finished modestly lower Monday, marking […]
Bank of America (BAC)’s plan to lay off some of its highest-paid executives looks like the right response to the current banking environment. The Wall Street Journal reported Tuesday the bank will cut 2,000 positions in its investment banking, commercial banking and non-U.S. wealth-management units targeting “the high-earning employees whose efforts helped Merrill Lynch account for the bulk of […]
The first trading day of May got off to a mixed start early Tuesday with all three major U.S. equity indices honing to close to the flat line ahead of a key report on the pace of U.S. manufacturing activity in April. The Dow Jones Industrial Average was down 9.5 points, or 0.07%, at 13,204.The S&P 500 was up less than a […]
Picture someone in your mind, someone you’re close with. Really picture them — focus in on the details of his or her face, hair and body. It’s difficult, isn’t it? It’s easier to imagine a person in bits and pieces, for some reason, than as a whole. Perhaps our minds can’t keep an entire face in […]
Charles Barkley had his say on the topic of race. In a response to the idea that some of quarterback Russell Wilson’s Seattle Seahawks teammates might not like him, Barkley said it’s because he is not “black enough.” Speaking during a radio interview with the CBS Sports Philadelphia affiliate last week, Barkley said, Unfortunately, as I tell […]
I recently sat down to happy hour with a few girlfriends after a hectic Thursday at the office. As we began to divulge the recent goings on of the past week, my friend Heather started to tell us about a new guy she’d been “seeing.” Heather said in all seriousness: I just never heard from […]
The Islamic State and its supporters are sharing photos online to pay tribute to a 10-year-old boy who gave his life in battle. Described as the group’s youngest member, the photographs say that he had the honor of dying for the group along with his father. The two were killed in Syria at some point […]
One of the things I learned far too late in my college career is that simply going to class isn’t enough to make you the learned scholar higher education is supposed to mold you into. If you’re going to put in the effort to attend, you might as well pay attention — you might even […]
Daughters listen to their mothers; not only do they pay attention when they’re being addressed, but also when mothers forget who might be hearing. A short film from the Dove: Legacy campaign, created as part of the brand’s Self-Esteem Project, spotlights the ways in which insecurities can be transferred from mothers to daughters. Each mother is […]
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