Cyrus Afzali

Early market gains were erased by Friday’s close as investors were scared off by new economic data that renewed inflation fears. The September National Association of Purchasing Management executive survey showed prices paid by factories rose to their highest level in more than four years. internet.com’s Internet Stock Index closed off 1.52, or .29 percent, […]

A stronger-than-expected report from the National Association of Purchasing Management was pulling down blue chips and techs, although Internet stocks were only seeing minimal losses. internet.com’s Internet Stock Index was off 1.27, or .24 percent, to 525.98, the Nasdaq Composite had fallen 19.08 to 2,727.08 and the Dow Jones industrial average had tumbled 93.08 to […]

After days of speculation, Excite@Home Corp. and AT&T Corp. are finally confirming talks have been held regarding the future of AT&T’s stake in the cable Internet provider. In brief statements issued Thursday evening, AT&T (T) said it is considering a number of options. The company confirmed talks have been held with unnamed third parties, although […]

Internet stocks were unable to keep up with blue chips Thursday which gained steam in the afternoon thanks to a stronger-than-expected second-quarter gross domestic product report. internet.com’s Internet Stock Index closed off 2.24, or .42 percent, to 527.17, the Nasdaq Composite closed up 15.97 to 2,746.24 and the Dow Jones industrial average jumped 123.47 to […]

The ISDEX was off slightly in midday trading Thursday as the government reported the nation’s gross domestic product rose at the slowest rate since 1995. The numbers suggest inflation may be on hold giving the Federal Reserve no reason to impose another interest rate hike. Just before noon, internet.com’s Internet Stock Index was off 2.56, […]

internet.com’s Internet Stock Index had jumped almost 2 percent in midday trading, largely on the strength of Amazon.com Inc. which Wednesday unveiled a major e-commerce announcement. Just before noon, the ISDEX had climbed 9.97, or 1.92 percent, to 529.09, the Nasdaq Composite was up 1.52 to 2,757.77 and the Dow Jones industrial average was up […]

Amazon.com Inc. Wednesday announced a new program that will give any business, from large manufacturer to small retailer, access to the online retailer’s more than 12 million customers. Dubbed zShops, Amazon.com said the program’s goal is to expand the number of items available through its Web site to include a greater variety of popular or […]

News that the Conference Board’s consumer confidence index fell for the third straight month had sent all major U.S. market indices south in midday trading Tuesday, including the volatile Internet sector. The September consumer confidence index dipped to 134.2 from a revised reading of 136.0 in August. Economists had predicted a reading of 136.3. The […]

Internet investors hoping to see a rally to start the week ended up disappointed as a strong showing earlier in the day evaporated in the afternoon despite several pieces of positive news. internet.com’s Internet Stock Index lost 0.14, or 0.03 percent, to 513.03, the Nasdaq Composite gained 21.32 to 2,761.73 and the Dow Jones industrial […]

Internet stocks were off to a solid start Monday thanks in part to upbeat earnings expectations for Internet venture firm CMGI Inc. Just before noon, internet.com’s Internet Stock Index was up 9.27, or 1.81 percent, to 522.44, the Nasdaq Composite had jumped 41.86 to 2,792.27 and the Dow Jones industrial average had climbed 76.62 to […]

Blue chip and technology shares continued to fall Friday, suffering from a “flight to quality” as investors were turning to bonds. However, damage to the ISDEX was minimal thanks to a few familiar names that were holding up the sector. Just before noon, internet.com’s Internet Stock Index was off 0.11, or .02 percent, to 496.11, […]

Shares of Internet service provider EarthLink Network Inc. were higher in midday trading Thursday, benefitting from its agreement to acquire smaller rival MindSpring Enterprises Inc. Once again Internet shares were showing continued strength, leaving techs and blue chips behind. Just before noon, internet.com’s Internet Stock Index was trading up 4.10, or .79 percent, to 523.49, […]