For weeks, Apple shares have languished, waiting for someone, anyone to shout out 'Buy!' They got their wish Monday, and the stock market soared with it.
The post-PC era does not bode well for these aging companies.
The Dow fell 185 points as the autumn swoon continues. Partly, the slide was due to worries that President Obama and Congress can't cut a deal to fix the fiscal cliff. But other factors were at play.
The stock hit a 52-week low today as it fell for an 8th straight day. The stock is down 29% since May. It may be nearing a bottom -- if you believe Intel has a future in mobile technology. Right now, investors aren't so sure.
With management raising revenue guidance, fiscal 2013 might be an even bigger year for the chip maker.
Moore's second law increases the cost of making microchips and forces some hard choices.
If Foxconn comes to own, the Mac maker will no longer have any excuses to avoid domestic production.
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The offering could become the second-biggest this year if underwriters exercise an option to buy more shares.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.