The $19 billion WhatsApp deal could become the Facebook founder's legacy . . . or his albatross.
VIDEO ON MSN MONEY
Apparently Apple's iPad doesn't have the market cornered on the e-reader -- yet.
Amazon.com (AMZN) and its groundbreaking Kindle e-reader have been overshadowed as of late by electronics juggernaut Apple and the sexy new iPad. Tech sites touted an iPad frenzy in Asia as the gadget went global last week, and rumors abound that demand is so high that iPad suppliers can’t keep up.
But if you think Apple (AAPL) and its iPad have killed the Kindle, think again. It turns out that a recent price cut to Amazon’s entry-level e-reader has been met with tremendous success. Sales were so strong that Amazon completely sold out of its $189 model!
These stocks have shown poor fundamentals.
The stock market had a pretty good run last week, with the Dow Jones gaining about 3.3%, the S&P 500 adding +3.5% and the Nasdaq tacking on +4.2%. Favorable corporate earnings from some blue chip stocks helped lead the charge, and gave way to new optimism for many stocks. Now we've kicked off this week with some positive momentum too, with the markets struggling to fight into the black for the full year and stay there.
But don’t think this means that the market is going to be smooth sailing from here on out. The bottom line is that a number of companies are still struggling, after just posting poor earnings or issuing warning signs as they approach their earnings date.
To keep you out of the worst stocks, here are 3 big name blue chips to sell now:
Any positives from tomorrow's jobless claims should send bank stocks on a run.
By Jim Cramer, TheStreet
They weren't Stone Walls, a la Jackson in the Civil War, but the banks hung in all day yesterday and acted well into the bell.
The strength was a marked improvement over what seemed to be an investible trend. Yesterday I took a stab at it, saying that a lack of bad press -- headline risk -- might be behind the stabilization. I think that's part of it. So is valuation; the rest of the market has moved a great deal while this group has done nothing.
But the thing that bothered me about it is that if you are rotating into Procter (PG) and out of PPG Industries (PPG), you are doing so because of market weakness. If you are buying Progress Energy (PGN), it’s because you think the economy in this country is poor and getting worse. If that's the case, you don't want to own banks.
McDonald's is introducing new products, growing revenue and increasing operating margins.
If you're worried that the U.S. and global economies are going to slow in the second half of 2010, then McDonald's (MCD) on its second-quarter performance is the stock for you. (Of course, if you think the upswing of the past week isn't just a bounce, McDonald's isn't the stock for you. See this post for more on that.)
The company reported earnings last week for the quarter of $1.13, a penny better than the Wall Street consensus, and revenue of $5.95 billion, slightly above projections for $5.91 billion. Comparable store sales climbed 3.7% in the United States, 5.2% in Europe, and 4.6% in the Asia/Pacific, Middle East, and Africa business unit.
And that's without any big macro trends in its favor.
The company now sells more cars in China -- where brands like Buick are adored -- than in the US.
The company is killing it in China. In Shanghai alone, there are 27 dealerships selling Buicks -- the brand the Chinese have fallen in love with, The New York Times reports.
That's quite a different story than in the U.S., where people are leery of an automaker still 61% owned by the U.S. Treasury. And Buicks aren't exactly considered a hot car here.
Desktops aren't a huge part of the company anymore, but sales are still strong.
So it's nice to see Apple rolling out a long-overdue update to its desktop line. The company beefed up its iMacs, adding new processors from Intel (INTC) and new graphics chips.
It will also begin selling a new Mac Pro tower with up to 12 processing cores, MarketWatch reported. And it debuted a new $69 trackpad for desktops that is similar to what's already in the portable MacBooks.
Look past the high prices for potential earnings.
By Louis Navellier, InvestorPlace.com
High-priced stocks are certainly not right for every investor, but for those who are willing to dive into pricey shares, it’s important to know if the risk will be worth the reward. With the right pick, a solid outlook can translate into a high-value investment.
Here are 3 stocks with shares trading well into triple digits that would not surprise anyone with a steady rise in current asking price in the days to come.
In an already confusing year, stocks in these sectors have become too random and inconsistent.
By Jim Cramer, TheStreet
Some segments of this market are too hard to work with. Last night I talked about how tech has become too hard. How could Cirrus Logic (CRUS) and Skyworks (SWKS) be the only two tech plays I follow that hit a 52-week high Monday? They are parts makers, for heaven's sake.
But suddenly they are viewed as total winners because they have parts in Apple (AAPL) products and Apple will need to start a price war to win against Verizon's (VZ) Droid! That was Monday's collective mindset.
The rest of tech was really not so hot -- led, inevitably, by Intel (INTC) and Cisco (CSCO), which do nothing on good and bad days. These are two disappointing stocks that I think are too cheap and doing too well to ignore, but they are ignored daily.
The Copyright Office says it's OK to install unauthorized apps on your iPhone.
"Jailbreaking" is now legal -- on an iPhone, that is.
In what is being called a slap in the face to Apple (AAPL), new government rules are allowing iPhone owners to run applications that haven't received Apple's official blessing.
Apple has frowned on people tweaking their iPhones to allow unapproved apps -- known as "jailbreaking" -- calling it unauthorized modification of its software, according to The Associated Press.
Intel isn't the only star chipmaker. Check out earnings from ASML and Veeco.
I've been waiting to see what ASML Holdings (ASML) competitor Veeco Instruments (VECO) would report Monday. ASML Holdings reported on July 14, the same day as Intel (INTC), and I didn't want to up my target for ASML Holdings simply out of enthusiasm for Intel's performance. (For more on Intel's earnings, see this post.)
Two weeks later, however, Veeco confirmed strength in the chip manufacturing sector.
The company's earnings beat Wall Street projections by 18 cents a share and revenue projections by 8%, and then raised guidance for the third quarter.
Stable US companies are good picks for one notable capital market researcher.
Here are his stock picks and opinions on other assets:
U.S. Stocks. They're "moderately overvalued," Chancellor says. Expected returns will be lower than in the past few years, but they will still be positive. He says he looks for quality stocks with high returns relative to other stocks.
In particular, he likes companies
Investors balk at the increasing costs, but Amazon has a good reason for it.
The company issued disappointing earnings news last week, causing some to speculate that Amazon has dropped the ball at a crucial moment. The stock is on a downtrend, falling about 5% in the last two weeks.
So is Amazon blowing it just as competition from Apple (AAPL) and others gets stronger? "Darling, the wheels just came off," writes the Financial Times. Let's take a look at some of the details:
After a near-death experience, the eurozone economy roars ahead.
Back in May, all hope seemed lost. The global financial market was suffering violent spasms as Greece and Spain looked ready to default on their debts. The euro plunged. Fear spread that austerity measures in Europe would pull the world's largest economy into a new recession, dragging America and the rest of the world down with it.
In that context, on May 26 I wrote a column urging investors to be bold and buy into Europe. The takeaway: A cheaper euro was exactly what Europe needed to regain its competitiveness. And that was sure to push European stocks higher.
The result: My call was within one day of the exact bottom for European stocks. Since May 26, Europe 350 iShares (IEV) is up a whopping 14.5% compared with a 3.5% gain for the S&P 500 over the same period. But what lies ahead? Can the gains continue?
A hedge fund manager in London is buying huge amounts of cocoa -- and driving up prices.
Ward is a hedge fund manager in London, and he's bought up so much cocoa that he has all but cornered the market, The New York Times reports. Some experts say he's sitting on the equivalent of 5 billion chocolate bars.
Ward isn't buying because of a massive sweet tooth. Critics say he's hoarding cocoa to drive up prices -- and already cocoa prices in London are at a 30-year high. That could have an impact on Hershey (HSY) and Kraft (KFT), which now owns Cadbury.
The popular SUV has been redesigned as a more-fuel-efficient crossover to compete with Toyota's Highlander and Honda's Pilot.
Ford (F) has weathered the economic downturn far better than its Detroit counterparts GM and Chrysler, which both slid into bankruptcy in 2009. That's partially because Ford had plenty of cash on hand but also because its leaders realized they had to reinvent their line of cars and trucks to succeed.
The story of Ford’s reinvention is most striking in its current relaunch of one of its most iconic brands, the Explorer SUV. The new stylish, fuel-efficient crossover represents just how far the automaker has come and the vision Ford has for the future.
But the real question is: Will consumers continue to buy into the new Ford? Or will the latest incarnation of the Explorer fall flat as a step backward towards the heyday of sport-utility vehicles? Here are the details:
MORE ON MSN MONEY
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
The apparel chain takes a hard hit after blaming the weather for its quarterly sales decline. But cold temperatures don't explain the drop in full-year sales as well.
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.
[BRIEFING.COM] The major averages finished the Tuesday session near their lows with the Russell 2000 (-1.0%) leading the slide. The S&P 500 lost 0.5% with nine sectors ending in the red.
Equities indices started the day with modest gains and spent the first two hours of action in the neighborhood of their flat lines. Although the early trade lacked clear sector leadership, that could have been overlooked due to the strength among heavily-weighted sectors like health care (-0.3%), ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|