Cyrus Afzali

Internet stocks were climbing steadily in midday trading Friday amid reports Yahoo! Inc. and eBay Inc. had restarted merger talks. At 11:45 a.m. Eastern, internet.com’s Internet Stock Index had climbed 31.26, or 2.94 percent, to 1,094.90, the Nasdaq Composite was up 105.77 to 5,046.38 and the Dow Jones industrial average had gained 37.30 to 11,157.16. […]

Technology issues were moving past Internet shares in midday trading, due in large part to several reports that Microsoft Corp. may soon announcement a settlement in its antitrust case. At noon Eastern, internet.com’s Internet Stock Index had gained 6.76, or .63 percent, to 1,071.53, the Nasdaq Composite was up 57.21 to 4,921.96 and the Dow […]

Investors were flocking to the Internet sector’s B2B darlings at midday Wednesday on the heels of a deal that will create an auction site for businesses to trade surplus items. At 11:45 a.m. Eastern, internet.com’s Internet Stock Index had soared 38.89, or 3.8 percent, to 1,061.80, the Nasdaq Composite was up 113.23 to 4,824.91 and […]

Shares of leading Internet retailers were about the only excitement to be found across the sector at midday Tuesday as another blue chip rally was stealing the limelight. At noon Eastern, internet.com’s Internet Stock Index was up 3.53, or .36 percent, to 982.72, the Nasdaq Composite had lost 21.55 to 4,588.45 and the Dow Jones […]

Internet stocks were off almost 2 percent in midday trading Monday as a number of e-commerce plays were being dragged down by the cover story in this week’s Barron’s magazine. At 11:45 a.m., internet.com’s Internet Stock Index had fallen 17.57, or 1.70 percent, to 1,017.64, the Nasdaq Composite had lost 30.37 to 4,767.76 and the […]

Friday proved to be another winning session for Internet and technology stocks. Blue chips weren’t as lucky, suffering a slight pullback after being up almost 100 points at midday. internet.com’s Internet Stock Index climbed 23.61, or 2.33 percent, to 1,035.21 and the Nasdaq Composite jumped 80.81 to 4,798.29 while the Dow Jones industrial average shed […]

U.S. markets were up across the board Friday as investors applauded the latest economic figures which suggest inflation remains at bay. At 11:45 a.m. Eastern, internet.com’s Internet Stock Index had climbed 29.61, or 2.93 percent, to 1,041.21, the Nasdaq Composite had jumped 85.42 to 4,802.81 and the Dow Jones industrial average had added 95.55 to […]

Blue chips ruled for the second consecutive session Thursday, scoring gains of almost 500 points to lead the group to its biggest two-day gain since October 1987. Meanwhile, technology stocks seesawed for much of the day before staging an impressive performance of their own, gaining more than 100 points. internet.com’s Internet Stock Index jumped 39.55, […]

Nasdaq climbed almost 100 points after the open Thursday only to fall sharply as money flowed out of technology into several blue-chip sectors, such as banking, pharmaceutical and retail shares. Just before noon Eastern, internet.com’s Internet Stock Index was off 8.60, or .88 percent, to 963.45, the Nasdaq Composite had fallen 23.42 to 4,559.20 and […]

Shares of Internet leaders Yahoo! Inc. and eBay Inc. were both trading lower at noon Wednesday following reports the two had discussed a possible alliance that could have eventually led to a merger. At noon Eastern, internet.com’s Internet Stock Index was off 37.98, or 3.7 percent, to 987.82, the Nasdaq Composite had slid 82.44 to […]

Internet and technology shares took a dive in afternoon trading Tuesday, prompted by steep losses within the biotech sector. Biotechs tumbled after President Clinton and Britain floated a proposal that would give researchers around the world free access to human genome mapping. Success in the field has led a number of biotech stocks to soar […]

Shares of Inktomi Corp. were the standout at the midpoint of Tuesday’s trading session. The Internet software maker sealed a variety of deals with companies planning wireless initiatives. At 12:15 p.m. Eastern, internet.com’s Internet Stock Index was up 1.81, or .17 percent, to 1,072.46, the Nasdaq Composite was off 11.86 to 4,895.38 and the Dow […]