Cyrus Afzali

Investors were spending Thursday watching shares of Palm Inc. soar 400 percent from its offering price, which was helping to nudge the Nasdaq Composite further into record territory. At noon Eastern, internet.com’s Internet Stock Index was off 3.04, or .30 percent, to 1,004.84, the Nasdaq Composite had added 7.71 to 4,791.79 and the Dow Jones […]

Technology stocks continued to rule the markets Wednesday, outpacing blue chips which were being dragged down by news that U.S. manufacturing grew at its fastest clip in four months. At 11:45 a.m. Eastern, internet.com’s Internet Stock Index had gained 8.66, or .87 percent, to 1,000.58, the Nasdaq Composite was up 53.33 to 4,750.02 and the […]

A run-up by chip-related stocks was sending the Nasdaq Composite into record territory Tuesday morning as Internet investors were browsing through a number of deals across that sector. At 11:30 a.m. Eastern, internet.com’s Internet Stock Index was up 18.16, or 1.89 percent, to 977.75, the Nasdaq Composite had gained 72.66 to 4,650.57 and the Dow […]

Internet and technology shares were slumping in midday trading Monday as investors were taking a new look at recently-battered blue chip stocks. At 11:45 a.m. Eastern, internet.com’s Internet Stock Index had fallen 29.09, or 3 percent, to 946.54, the Nasdaq Composite had lost 109.45 to 4,481.05 and the Dow Jones industrial average had jumped 104.86 […]

Internet stocks were treading water in midday trading Friday despite a strong showing from B2B stocks. Blue chips struggled to stay above 10,000 following news personal and government spending rose faster than expected in the fourth quarter. At 12:15 p.m. Eastern, internet.com’s Internet Stock Index had lost 0.09, or 0.01 percent, to 983.53, the Nasdaq […]

U.S. markets were caught in a slide as the midpoint of Thursday’s session neared. Investors were taking profits from all sectors, however blue chips were hit especially hard, with the Dow briefly slipping below 10,000. At 11:45 a.m. Eastern, internet.com’s Internet Stock Index was off 8.33, or .86 percent, to 957.63, the Nasdaq Composite had […]

Internet stocks were moving in the opposite direction of blue chips and technology stocks in midday trading Friday thanks to better-than-expected earnings and analyst moves. At 11:45 a.m. Eastern, internet.com’s Internet Stock Index had gained 1.92, or .20 percent, to 947.07, the Nasdaq Composite had lost 13.43 to 4,535.49 and the Dow Jones industrial average […]

High-flying Internet and technology shares were pausing in midday trading Friday as a number of new offerings were getting ready to make their debut. At 11:45 a.m. Eastern, internet.com’s Internet Stock Index was off 2.79, or .29 percent, to 948.94, the Nasdaq Composite had fallen 58.21 to 4,427.42 and the Dow Jones industrial average had […]

Internet stocks were trading higher at midday Thursday as investors were applauding deals and rewarding several companies for better-than-expected earnings. At 11:30 a.m. Eastern, internet.com’s Internet Stock Index had climbed 14.31, or 1.55 percent, to 936.64, the Nasdaq Composite was up 47.40 to 4,410.64 and the Dow Jones industrial average had risen 30.17 to 10,729.33. […]

News that successful hacking attempts were spreading to some of the Web’s most popular sites was sending Internet stocks down in midday trading Wednesday. At noon Eastern, internet.com’s Internet Stock Index was off 5.18, or .56 percent, to 919.15, the Nasdaq Composite had fallen 34.82 to 4,392.68 and the Dow Jones industrial average had fallen […]

Strength in technology stocks, which was helping carry the Nasdaq across the 4,300 level for the first time ever, was also benefiting Internet shares Tuesday. At noon Eastern, internet.com’s Internet Stock Index was up 17.04, or 1.89 percent, to 919.79, the Nasdaq Composite had climbed 58.59 to 4,830.36 and the Dow Jones industrial average had […]

OpenSite Technologies Inc. Tuesday purchased auction aggregator Bidder’s Edge Inc. in a deal it says will allow it to create a range of new dynamic marketplaces. Terms of the deal were not disclosed. OpenSite plans to combine its BidStream.com multi-auction search engine with auction portal Bidder’s Edge. Bidder’s Edge currently serves more than 300,000 users […]