Chris Nerney

One company posted a net loss of 27 cents per share, but beat street estimates. The other reported a Q1 profit of 32 cents per share, also beating forecasts, but fell slightly short of some revenue-growth predictions. So whose stock was punished by investors Tuesday? If you had guessed the bleeder’s, you are the weakest […]

The delisting of TheGlobe.com by the Nasdaq Stock Market on Monday is being interpreted elsewhere as somehow “symbolic” of the ill-fated Internet Gold Rush. TheGlobe.com, after all, turned Wall Street on its ear in November 1998 when its initial public offering posted a record first-day gain, with shares closing at $63.50, or 606% above their […]

The optimism that investors displayed for most of this month was nowhere in evidence Monday as stocks staged a major pullback from their recent heady gains. Internet and tech stocks led the backslide, with internet.com’s Internet Stock Index, or ISDEX, plummeting 21.48, or 8.2%, to 240.76. The Nasdaq tumbled 104.09, or 4.8%, to 2059.32, while […]

Following two weeks of impressive gains that have led many investors to hope the slumping economy and stock market have turned around, Wall Street gets a gut check this week. With no interest-rate cut in the cards — that particular ace was played last Wednesday — and only a couple of major economic report due, […]

It would have been nice if the market headed into the weekend on a high note, as it did last Thursday, but it’s unlikely many investors are complaining about how stocks performed overall this week. In a day characterized by profit-taking, the Dow Jones fell 113.86, or 1.1%, to 10579.85, while the Nasdaq inched down […]

One test of a company’s business model and executive management is how well it performs during bad times. Using that reasonable standard, eBay has consistently earned an A-plus during the current economic downturn. The online auction market leader’s latest quarterly report card, delivered after the market’s close on Thursday, was nothing short of stellar. eBay’s […]

Elation over Wednesday’s surprise interest rate cut carried into Thursday’s trading session, as Internet and tech stocks soared on renewed investor optimism about the economy. Barely missing its second straight day of double-digit percent gains, internet.com’s Internet Stock Index, or ISDEX, rose 22.32, or 9.2%, to finish at 266.02. Forty-four of the 50 ISDEX members […]

Even before the final bell rang on Wednesday’s stunning rally, Wall Street watchers began debating the big question: Is the yearlong stock market slump finally over? I believe the answer is a resounding yes — that is, as long as the Federal Reserve cuts interest rates by a half-point each day. Barring that unlikely scenario, […]

What began as a good day on Wall Street turned into a memorable one after the Federal Reserve announced an unexpected half-point interest rate cut late Wednesday morning. Stocks surged after the news broke just before 11 a.m., pulling back only slightly from their dramatic gains by the time the closing bell rang. In making […]

Just a couple of weeks after getting a slight pop in its stock price from a highly publicized online music distribution deal, RealNetworks issued a Q1 report that met lowered expectations, but left investors questioning the company’s future direction. I believe that future involves an acquisition from a major media player, for the distributor of […]

Showing resiliency in the wake of Cisco Systems’ dire Q3 earnings warning, stocks shook off a daylong malaise to finish trading Tuesday on a positive note. Not only did Internet and tech stocks overcome the networking equipment maker’s warning following Monday’s close, they also had to contend with lukewarm reviews for Yahoo’s appointment of a […]

Investors in the past few days have been feeling overly optimistic, if not quite giddy, that the yearlong slump in stock prices is just about over. Then along came Mr. Gloomy Gus, John Chambers. The Cisco Systems CEO delivered a sobering message after Monday’s market close, one which should remind investors that the slowdown in […]