10 Questions With Paul Meeks of Merrill Lynch Global Technology
Shall Meeks inherit the earth? Judging by recent returns, probably not.
Value Funds Can't Spend It Fast Enough
Remember when cash flows were so strong that hot tech funds couldn't find stocks to buy? Those days are back, in a way.
Without a Net: The Perilous State of Internet Funds
Big Screen examines how badly these funds are hurt, their definition of 'Net' and why they're still a poor investment.
Another Fund With 'Internet' in Its Name Is Going Away
Strong Internet, down 58.1% over 12 months, may be merged with another Strong offering.
Merrill Plans to Shutter Ailing Internet Strategies Fund
The move highlights the dangers of chasing niche subsector funds.
Micron Stock Tumbles On Grim Chip Sector Outlook After Q3 Earnings Beat
"We saw a significant reduction in near-term industry bit demand, primarily attributable to end demand weakness in consumer markets," said CEO Sanjay Mehrotra.
Tesla Q2 Deliveries In Focus Following Record Quarterly Stock Slump, China Shutdowns
Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world's most-valuable carmaker.
Kohl's Stock Plunges As Retailer Scraps Franchise Group Sale Talks
"Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal," said chairman Peter Boneparth.
General Motors Stock Halted, Edge Higher After Detailing Q2 Chip Shortage Hit To Inventory
GM said chip shortages and supply chain snarls left nearly 100,000 vehicles unfinished over the second quarter.