Yahoo is said to be interested in acquiring social blogging site Tumblr for a reported $1 billion.

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NEW YORK (TheStreet) -- It was the best of times and the worst of times, Jim Cramer told "Mad Money" viewers Wednesday as he compared today's divergence of Apple , a stock he owns for his charitable trust, Action Alerts PLUS, and Google .

Cramer said today's rally in Google and simultaneous decline in Apple should not come as a surprise to investors, as Google is already up 29% for 2013 while Apple has fallen 19%. He said the markets are concerned with what they're always concerned with -- valuing a company's future earnings. ...

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Shares of Google surged past $900 and Zynga shares moved higher on word a well-known hedge fund bought shares. Ruben Ramirez has the day's market action from New York.

If the Chinese are allowed to buy U.S. stocks, this market could move another 10% higher says Alan Valdes of DME Securities.

HSBC plans to cut up to 14,000 more jobs as part of a plan to trim another $3 billion in costs.

Facebook is rumored to be buying Israeli online map app Waze. Is a mobile app worth a billion dollars?

Sony swung to its first annual profit in five years, boosted by a weaker yen, sales of assets and success at the box office.

Fusion-io shareholders have been on a wild ride over the last 24 hours as the stock has tumbled roughly 20% only to recover in later trading

Apple finally gets some love from Barclays, Barrons & Fortune, while Buffett stays away.

The euro zone will slip deeper into recession in 2013, according to a report by the European Commission.