Voices

Bulls See Legs in Tech-Stock Rally

Technology stocks have been atop the crest of the recent stock rally, and many investors say they remain bullish on the sector’s long-term growth trends.

Start-Up Rally Wants Your Cause to Raise Money Online, Even if Justin Bieber Isn’t Tweeting About It

There’s an old maxim in fundraising: It’s better to get one dollar from 100 supporters than it is to get $100 from one supporter. Or you can get a new online fundraising start-up called Rally to take advantage of the network effects of your real supporters.
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Apple’s Momentum Points to Another Big Quarter

Apple’s shares broke $300 for the first time last week, pushing its market cap to well past $280 billion–second only to that of oil behemoth Exxon Mobil. Should the company’s rally continue, it won’t be long before it overtakes Exxon on the Standard and Poor’s 500. And there’s no reason at all to think that it won’t.

Palm "New-ness": A Share Price of $6.10

Palm’s long-suffering investors are today basking in the company’s “new-ness”–specifically, a stock that’s continuing the big rally it began last week after the announcement of the Palm Pre handset and Web OS. As I write this, Palm is trading at $6.10–up an astonishing 85 percent since its big announcement. And it seems destined to go higher still, given the enthusiastic reception analysts have given it.

Palm “New-ness”: A Share Price of $6.10

Palm’s long-suffering investors are today basking in the company’s “new-ness”–specifically, a stock that’s continuing the big rally it began last week after the announcement of the Palm Pre handset and Web OS. As I write this, Palm is trading at $6.10–up an astonishing 85 percent since its big announcement. And it seems destined to go higher still, given the enthusiastic reception analysts have given it.

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Everything Rallies, Except for Yahoo

Don’t you hate to be left out when everyone is partying? So imagine how Yahoo (YHOO) shareholders must feel this morning. Of the 15 most active Nasdaq issues this morning, 14 of them are trading higher. And then there’s Yahoo, down $1.42, or 6.8 percent, to $19.40.

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Sun: Q4 EPS Actually Missed; After Hours Rally Fades

The big after hours rally in Sun Microsystems (JAVA) shares, which took the stock up more than 10 percent, has now largely faded, with Street analysts nearly unanimous in their doubts about the near-term prospects for the company.

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Corel: Solid Q2; No Update on Vector Bid; Piper Upgrades

Corel (CREL) shares are rallying today after the company reported solid results for its fiscal second quarter ended May 31. For the quarter, the company posted revenue of $67.0 million and non-GAAP EPS of 36 cents; the Street had expected $66.85 million and 35 cents.