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.
Jesus has risen, but how high did he get? While Easter and 4/20 falling on the same day is most definitely a weird coincidence, it will also highlight a pretty important public opinion on what’s more important: weed or candy eggs? Sto...
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 […]
Triona Priestley was a 15-year-old girl who, for the entirety of her brief life, battled cystic fibrosis. As humans, we are not simply one thing. Rather, we’re a product of our passions, desires, ambitions and values. Illness was one defining characteristic of young Priestley, another was her love for Ed Sheeran. Just moments before Priestley […]
“Exclusive” is one word to describe this new app. “Every Jewish mother’s dream come true” could be another. Introducing: JCrush — the mobile dating app designed specifically for Jewish singles looking to mingle. Created by 28-year-old Sonya Kreizman, the app works in much the same vein as Tinder. Emerging just under a month ago, JCrush […]
Say what you will about babies, but despite their many shortcomings they still manage to be incredibly cute on occasion. This video from HooplaHa proves this sentiment by compiling a number of clips of babies reacting to their fathers arriving back home, and the results are admittedly adorable. From excited squeals, frantic crawls and waves […]
A Nebraska elementary school realized that traditional methods were failing in the quest to end bullying, so it decided to issue some more unorthodox advice to prevent getting picked on. According to the Blaze, Zeman Elementary School in Lincoln sent a flyer home to its fifth-grade students containing nine ways to handle bullies most effectively. […]
There was a fire last night in East Boston, and when firefighters showed up on the scene they discovered someone blocking the fire hydrant with their BMW. This presented them with a few options. They could try to find the driver of the car and get him to move his vehicle, they could call a […]
Love is a tricky thing. It varies in intensity and in the specificity of emotions. It is sometimes the most beautiful thing in the world and, at other times, it’s the most horrid thing we’ve ever come face-to-face with. It’s odd how one thing could be the cause of so many contrary feelings. But that’s […]
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