Amit Midha, president of Asia Pacific & Japan and chairman of Global Emerging Markets at Dell, says all of its business units are growing positively and discusses growing concerns over cybersecurity.» Read More
It's time for a minor mea culpa. On last night's show Jim talked about the lack of pin action off of Hewlett-Packard's positive earnings preannouncement. We concluded that good news for Hewlett-Packard couldn't be extrapolated to the rest of tech because we'd heard so much bad news and so many negative forecasts, for example from Intel spacer. Then I, like a doofus, went and wrote a post about pin action, or more specifically the lack thereof.
Dell reported earnings that declined 5 percent but easily exceeded expectations, sending its shares higher in late trading.
As Cliff Mason noted earlier today, Cramer likes to talk about "pin action" a lot -- the effect that one company's good fortune usually has on other, related companies (parts manufacturers, for example). The key word, however, is "usually." In the disastrous market we have these days, you can't even depend on this pin action any more.
Cramer's prediction yesterday that tech hasn't seen bottom yet and was due for more beating came true today, with most big tech names ending lower. One of the most beaten-down of these companies was AMD. Still, even with the dismal tech sector in the dismal overall market, there's still money to be made IF you're willing to speculate on battered stocks like -- you got it -- AMD. But "battered" doesn't even do this company justice: it's down 67% for the year and had another bloody session today.
As investors search for "recession-proof" investments, they may find buying opportunities in video games, once a realm dominated almost exclusively by teenage boys.
Microchip maker Intel warned that its revenue would be about 14 percent below its previous forecast due to weak demand around the globe and in all market segments. The stock plunged after-hours.
International Business Machines reported results that rose over last year in line with pre-announced figures the company gave last week.
Blue chips may be black and blue, but Tim Bajarin of Creative Strategies sees potential in the tech sector.
Flash memory maker SanDisk has rejected a takeover bid from Samsung Electronics valued at $5.85 billion, or $26 a share, which the world's top maker of memory chips made late Tuesday.
There was a time not too long ago when Hewlett-Packard simply became "HP." I'm not talking about the "HP" it's always been known as, but "HP" as the official new name of the company, supplanting Bill Hewlett and Dave Packard, and joining the ranks of KFC as a company running the risk of forgetting history for the sake of convenience and short-hand.
Dell reported a profit that fell well short of consensus expectations, punishing the company's shares in late trading.
Hewlett Packard reported a profit that rose over last year and beat analysts' forecasts by 3 cents a share. Sales also beat expectations.
Lenovo is banking on the Beijing Olympics to promote its brand on the global stage. Will Chinese the computer maker's Olympic efforts help it score gold? Charting Asia finds out.
Fears that emerging market demand for Dell Inc. and Hewlett-Packard Co. technology products will slow and that the U.S. dollar will strengthen in the remainder of the year may overshadow earnings in line with or above Wall Street targets.
An Infineon chip could be the root of complaints from around the world that Apple Inc.'s new iPhone drops calls and has unpredictable Internet links, according to a research report from Nomura.
Network Appliance reported quarterly earnings that hit analysts' estimates, but the company's shares fell in late trading as the company gave guidance on the soft side.
Dell introduces their new line of laptops, designed to have the greatest security, the longest battery life and the most robust design, while Warnaco's Speedo is the most desired swimwear for Olympic swimmers. Following are today's top videos:
Companies with good dividend payments are attractive during periods of market volatility, Wouter Weijand, chief investment officer of high income equity at Fortis Investments said Friday.
Some hurting, poorly managed companies can turn out to be great stocks. Fast Money's special series "Bad Company, Good Stock" takes a look at Dell.