Online Trading and Investing Journal

Apple Inc.’s iPhone, a new model of which is widely expected this summer, took 19.2 percent of the U.S. market for “smart” phones in the first quarter of 2008, according to research firm IDC’s vendor survey.
That was down from 26.7 percent of smart phones sold in the fourth quarter of last year, which included the […]

For the first time since the bubble burst earlier this decade, information technology stocks have overtaken financials as the largest sector by market value in the Standard & Poor’s 500 index. But that alignment might not last for long as soaring oil prices have helped lift the energy sector to a close third.
For the last […]

Federal Reserve officials strongly suggested they won’t be inclined to cut interest rates further even as they sharply downgraded their forecast for economic growth this year, citing damage from a housing slump, credit crunch and galloping energy prices.
Wall Street took a tumble as investors faced the weaker outlook and the possibility that the Fed’s rate-cutting […]

Just in time for the start of the summer driving season: Oil near $130 a barrel and gas getting closer to an average of $4 a gallon.
Crude prices spiked to yet another trading high on Tuesday as supply concerns mounted. At filling stations across the country, the national average price for a gallon of regular […]

Billionaire investor Carl Icahn reportedly has decided to lead a mutiny against Yahoo Inc.’s board in an attempt to pressure the directors into reviving negotiations to sell Yahoo to Microsoft Corp.
To turn up the heat on Yahoo’s board, Icahn has lined up a slate of 10 directors to nominate as replacements, The Wall Street Journal […]