Cyrus Afzali

Internet issues, along with all major U.S. market indices, took a dive Thursday after the government reported a steep increase in the trade deficit. Just before noon, internet.com’s Internet Stock Index had tumbled 14.99, or 2.98 percent, to 470.60, the Nasdaq Composite had plunged 36.55 to 2,621.05 and the Dow Jones industrial average had fallen […]

Internet stocks were trading sharply higher at midday Wednesday as the group was benefitting from a series of positive analyst comments. Just before noon, internet.com’s Internet Stock Index was up 13.88, or 2.89 percent, to 494.83 and the Nasdaq Composite had added 6.93 to 2,678.15 while the blue chip Dow Jones industrial average had slumped […]

While most of the major stock indices were falling despite a tame inflation report, a variety of deals were helping Internet stocks stay above water in midday trading. Just before noon, internet.com’s Internet Stock Index was up 5.40, or 1.17 percent, to 466.66, the Dow Jones industrial average had shed 7.28 to 11,039.51 and the […]

E*Trade Group Inc. Tuesday became the latest online broker to offer after-hours trading to its clientele. The company Tuesday reached a deal with Instinet Corp. that will allow E*Trade customers to trade Nasdaq and New York Stock Exchange issues from 4 p.m. to 6:30 p.m. Eastern. The service will debut in September. The agreement also […]

The buzz around MP3 audio continued Monday as a variety of deals in that arena was helping to drive Internet stocks higher. Just before noon, internet.com’s Internet Stock Index had vaulted 13.65, or 3.03 percent, to 464.55, the Nasdaq Composite had climbed 22.29 to 2,660.10 and the Dow Jones industrial average was up 16.15 to […]

A lower-than-expected rise in prices paid to producers, farmers and factories in July sent stocks soaring in midday trading Friday. The Labor Department reported the producer price index rose 0.2 percent last month, up from a 0.1 percent decline in June. The PPI core rate, which excludes volatile food and energy sectors, was unchanged after […]

America Online Inc. was leading the Internet sector higher in midday trading Wednesday as shares continue to benefit from the increasing popularity of AOL’s Instant Messenger and positive comments from executives during an analyst conference call. Just before noon, internet.com’s Internet Stock Index had jumped 12.68, or 3 percent, to 435.86, the Nasdaq Composite was […]

A consortium of academic and technology professionals is proposing to take over the administration of the top-level .edu domain, setting up a potential battle between educators and Network Solutions Inc. According to The Chronicle of Higher Education, EDUCAUSE wants to take over the .edu domain because it says some organizations that have applied for an […]

Internet shares got off to a strong start Wednesday, but were unable to sustain gains and were being left behind by techs and blue chips. At 11:30 a.m. Eastern, internet.com’s Internet Stock Index was off 2.78, or .68 percent, to 408.68, the Nasdaq was up 16.73 to 2,506.84 and the Dow Jones industrial average had […]

In a move to expand beyond its referral model, Autoweb.com Wednesday launched a new direct-to-consumer auto buying service. Autoweb plans to begin testing the service Aug. 30 in several unnamed states. Visitors to Autoweb’s site will be able to browser the direct-to-consumer channel if the service is offered in their area. The company is partnering […]

Internet stocks were joining all the major indices in a downward spiral in midday trading Tuesday as lower bond prices were taking a toll on equities. Just before noon, internet.com’s Internet Stock Index had dropped 17.91, or 4.42 percent, to 387.37, the Nasdaq Composite was off 54.13 to 2,464.85 and the Dow Jones industrial average […]

The number of competitors in the growing online brokerage arena got a little smaller Monday. Accutrade Inc., a subsidiary of Ameritrade Holding Corp., Monday purchased The R.J. Forbes Group Inc. Terms of the deal were not disclosed. R.J. Forbes will continue to operate under its own brand, however the unit’s operations are expected to move […]