Microsoft had a lot going for it, prior to Satya Nadella becoming CEO. Now, with Nadella on board, and a host of other catalysts having played out, it looks like Microsoft's fun in the sun may be over for the time being.
Jill Malandrino and Chris Ciaccia recap a volatile week on Wall Street and set up your trading calendar for the shortened week ahead.
In yesterday's letter to shareholders, Amazon CEO Jeff Bezos touched on a number of initiatives, but perhaps the biggest is the company's plan for faster delivery. Not only is the Internet retailer really serious about providing a better experience for customers, its drone plans are bigger than anyone imagined.
Amazon is a company with ambitions grander than most, including in some instances, Google. If Jeff Bezos' letter to shareholders is any indication, those ambitions are about to grow.
CBS has just named Stephen Colbert as the next host of The Late Show.
The Apple rumor mill is in full force this morning, with details on the iWatch and a potential iTunes update emerging. However, Apple's biggest driver is still the iPhone, which may come in two sizes next year.
There's been a lot of talk recently about wearable technology and Apple's upcoming role in it as the iWatch launch gets closer to reality. However, if the iWatch costs as much as some think, wearables may fall flat on their (watch) faces.
The fact that the PC market is continuing to shrink is no surprise to anyone. Tablets have continued to eat into consumer, and ultimately enterprise spending for some time now. However, as the market shrinks, it looks as if HP is doing whatever it can to grab every last piece of the shrinking pie it can.
The technology industry has been hit hard, with high-growth names such as Pandora, Priceline.com, Netflix and Facebook all having sharply corrected over the past few weeks. With these stocks down around 20% from their highs, now may be the time to buy, says one analyst.
There are a lot of people in the financial press and on Wall Street who think they know how to run a company despite never having run one before. A case in point is Apple. For years, people have urged the company to do something with its enormous cash hoard, perhaps even buy Twitter.