The following video is from Thursday's Investor Beat, in which host Chris Hill, and analysts Bryan Hinmon and Matt Argersinger dissect the hardest-hitting investing stories of the day.
Shares of Microsoft (NASDAQ:MSFT) fell on Thursday in the wake of a report by IDC that PC sales declined 14% in the first quarter. IDC cited the shift to tablets and smartphones and pointed to a slow start for Windows 8. What do slumping PC sales mean for investors in Microsoft? What does the trend mean for Dell (UNKNOWN:UNKNOWN) and Hewlett-Packard (NYSE:HPQ)? Is the PC dead? This story, plus a recap of the Dow today, four of the biggest movers and shakers on today's market, and two stocks we'll be watching closely this week.
Bryan Hinmon, CFA has no position in any stocks mentioned. Chris Hill has no position in any stocks mentioned. Fool contributor Matthew Argersinger owns shares of Microsoft. Matthew Argersinger has the following options: Short Oct 2013 $30 Calls on Microsoft and Short Oct 2013 $27 Puts on Microsoft. The Motley Fool recommends Burger King Worldwide and Wells Fargo. The Motley Fool owns shares of Microsoft and Wells Fargo. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.