Gold prices surged more than 3% Monday, topping $1,300 an ounce for the first time in a month.
Prices of the precious metal were boosted by a weaker U.S. dollar, which declined against most global currencies, including the euro, the pound and the Japanese yen. Commodities such as gold are priced in the dollar and gain ground when the U.S. currency declines.
Gold prices had been falling until recently, as the dollar MOREHibah Yousuf - Jul 22, 2013 3:42 PM ET
It was a bloody day for technology stocks on Wall Street, as investors punished the entire sector after Google and Microsoft both delivered disappointing earnings results.
Microsoft (MSFT) took the worst beating, plunging more than 11% -- its worst one-day drop since January 2009. The company badly missed Wall Street's profit forecasts after taking a huge write-down on its Surface tablet last quarter.
That bad news as was a hot topic among MOREHibah Yousuf - Jul 19, 2013 4:01 PM ET
Carl Icahn has yet to sell even just one share of his stake in Netflix, and for good reason: the stock is currently trading at a three-year high and may soon be on its way to an all time-high.
While shares of the usual high-flier bounced around the breakeven line Thursday, they've been having quite the run.
Shares of Netflix (NFLX) have rallied 10% over the past five days, and have nearly MOREHibah Yousuf - Jul 18, 2013 2:41 PM ET
Muddy Waters may be best known for spotting fraudulent accounting practices across Chinese companies, but the short-selling firm has made its first call against a U.S. company.
Muddy Waters, run by Carson Block, issued a "strong sell" rating on American Tower, a Boston-based wireless and broadcast tower provider, and valued the company at $44.57 per share -- down 40% from its current price.
"AMT has serious challenges domestically and internationally that have MOREHibah Yousuf - Jul 17, 2013 1:54 PM ET
Investors can't seem to get enough of Elon Musk, but the Tesla CEO's announcement failed to generate much excitement on Monday.
Will publish Hyperloop alpha design by Aug 12. Critical feedback for improvements would be much appreciated.— Elon Musk (@elonmusk) July 15, 2013
Musk has been talking about the hyperloop, an idea for a rapid transportation system, for about a year now, but details have thus far been limited. At the recent D11 MOREHibah Yousuf - Jul 15, 2013 2:59 PM ET
Facebook attracts plenty of users, but the stock continues to have trouble with shareholders. Even its top executives are selling shares.
The most prominent of the recent insider sellers is Facebook (FB) COO Sheryl Sandberg, who sold almost 170,000 shares, according to a Securities and Exchange Commission filing Thursday. She also sold almost 7,000 shares from her family trust.
While Sandberg and the other top dogs at Facebook still own plenty of MOREHibah Yousuf - Jul 12, 2013 3:35 PM ET
With stocks back in record territory, investors are getting greedy again.
CNNMoney's Fear & Greed Index shot back into Greed mode Thursday for the first time since late May, as the Dow and S&P 500 rallied above their record closing highs from May, and the Nasdaq climbed to its highest level since October 2000.
The return of the bull comes as investors have started feeling more confident about future policy decisions from MOREHibah Yousuf - Jul 11, 2013 2:42 PM ET
Noodles & Co. must be carbo-loading. Shares of the casual restaurant chain have been on quite the run since making their public debut last week.
The stock more than doubled on Friday -- its first trading day -- and is up another 25% Tuesday thanks to kind words from CNBC's Jim Cramer on his Monday evening show. The Mad Money host said that Noodles & Co. (NDLS), which offers dishes ranging from MOREHibah Yousuf - Jul 2, 2013 3:06 PM ET
U.S. stocks may be on the rise but two former tech darlings are missing out on the move up. Shares of Apple and Facebook were firmly in the red Wednesday as the the Dow jumped more than 100 points for a second straight day.
Apple (AAPL) slipped 1.4% to a two-month low below $400, while Facebook (FB) shares shed 0.4% to trade around $24.
Both companies have been struggling to impress investors this MOREHibah Yousuf - Jun 26, 2013 1:30 PM ET
The recent ups and downs in the stock market may be frustrating, but one strategist said the break in the rally is also creating an attractive entry point for investors who remained on the sidelines during the first few months of the year.
"The market has been up, but a majority of investors have not participated," said Nathan Rowader, director of investments and senior market strategist at Forward Management, an investment MOREHibah Yousuf - Jun 14, 2013 10:31 AM ET
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