Cyrus Afzali

Investors had a rare opportunity to grab two Internet IPOs on a Friday. However, investor appetite for the companies was not equal. Shares of business-to-business auctioneer FreeMarkets were rocketing shortly after their debut while online health retailer MotherNature.com was caught in a slump. Just after 11:30 a.m. Eastern, internet.com’s Internet Stock Index was up 9.10, […]

Media giant Time Warner Inc. is reportedly considering spinning off its Internet properties as it aims to become a dominant player in that space. In published reports, Jim Moloshok, president of Warner Brothers Online and chief executive of its recently-launched Entertaindom Internet venture, said a spinoff is among the options that could be considered. One […]

A strong move upward from Amazon.com Inc. and a stellar debut from VA Linux were giving investors something to cheer about in midday trading Thursday, although the Internet sector as a whole was suffering through profit-taking as several high risers of late were taking a breather. After 12:30 p.m. Eastern, internet.com’s Internet Stock Index was […]

Shares of Digital Island were soaring in midday trading Wednesday following the announcement of an alliance with Sun Microsystems while Yahoo! Inc. was giving back some of Tuesday’s huge gains on its first day as a member of the S&P 500 index. It was also a good day for NetRatings Inc., an Internet audience measuring […]

While the Nasdaq Composite was taking a break from its record-setting pace in midday trading Tuesday, Internet stocks continued their run-up as investors were applauding a number of deals and upgrades. Just after noon Eastern, internet.com’s Internet Stock Index was up 4.33, or .57 percent, to 764.42, the Nasdaq Composite was off 13.11 to 3,532.90 […]

In an about-face from its earlier strategy, AT&T Corp. now appears willing to open its cable lines to other Internet providers. The New York Times reported late Sunday that AT&T planned to send a letter to federal regulators Monday promising to eventually allow other ISPs access to their cable infrastructure once AT&T’s exclusive contract with […]

Internet stocks were zooming upward in midday trading Monday, thanks in part to a reversal in strategy by AT&T Corp. which will enable more Internet providers to offer high-speed cable access. Just before noon Eastern, internet.com’s Internet Stock Index had jumped 20.97, or 2.85 percent, to 757.28, the Nasdaq Composite had climbed 30.16 to 2,550.79 […]

U.S. stocks were climbing to new heights in midday trading Friday as investors were cheering jobs data that led most economists to say inflation remains in check. At 11:45 a.m. Eastern, internet.com’s Internet Stock Index had jumped 25.68, or 3.55 percent, to 749.99, the Nasdaq Composite had climbed 94.42 to 3,547.20 — putting it on […]

Internet companies had posted solid gains as the midway point in Thursday trading neared following news of several partnerships and positive analyst comments. Just before noon Eastern, internet.com’s Internet Stock Index had jumped 18.91, or 2.75 percent, to 706.91, the Nasdaq Composite had leaped 55.72 to 3,409.43 and the Dow Jones industrial average was up […]

Internet stocks were faring well in midday trading due in large part to enthusiasm over Yahoo! Inc.’s upcoming addition to the S&P 500. Just before noon Eastern, internet.com’s Internet Stock Index had jumped 14.79, or 2.19 percent, to 690.52, the Nasdaq Composite had climbed 25.18 to 3,361.34 and the Dow Jones industrial average had gained […]

Competition in the fast-growing instant messaging market got a little hotter Wednesday as CMGI Inc. Wednesday acquired Tribal Voice Inc., makers of the Pow Wow instant messaging client. Terms of the deal were not disclosed. CMGI also announced plans to merge Activerse, a communications software company it recently acquired, into Tribal Voice, forming a new […]

Internet stocks were trading lower Tuesday as blue-chip stocks stole the show buoyed by strong gains in the financial sector and a strong surge in the consumer confidence index. Just before noon Eastern, internet.com’s Internet Stock Index had shed 13.32, or 1.84 percent, to 706.21, the Nasdaq Composite was off 5.90 to 3,415.47 and the […]