Cody Acree, managing director at Stifel, Nicolaus, told CNBC’s “Squawk Box” that he believes Intel is poised for a rebound.
Stocks closed mixed on Monday after a modest follow through rally from Friday's strong jobs numbers quickly fizzled as investors looked ahead to quarterly earnings season. "I think with the next few days we're in a holding pattern waiting for earnings to appear," said Zachary Karabell, portfolio manager at Fred Alger Management.
Shares of Advanced Micro Devices rose about 4% after it announced a restructuring to lower costs. The chipmaker also cut first-quarter revenue guidance to $1.23 billion, well below Wall Street forecasts.
We add another guest blogger to our site--James Altucher, who is a regular on the contest program "How To Win." James joins Jeff Mishlove who also appears on "How To Win," and both will write about their picks and sometimes their pans (we hope not to often on that last part). Here's what James sent us today..
Chip giant Intel said on Monday it would invest $2.5 billion to build a microchip plant in northeastern China, with the production of chipsets to begin in 2010.
Cramer tackles student questions on GameStop, AMD, Southwest and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Despite what you’re hearing these days, tech isn’t going to bottom any time soon. Don’t get bamboozled by hopeful analysts – hope is not a part of the equation.
Texas Instruments narrowed earnings guidance and tightened sales expectations for the fiscal first quarter. The semiconductor company said after Monday's close that it expects fiscal first-quarter earnings to range from 29 cents to 33 cents a share, compared with earlier guidance of 28 to 34 cents.
Stocks were set to start the week lower after concerns about sub-prime mortgage lending dented enthusiasm for a very busy Merger Monday.
After a four year bull market, you need to start trading both sides of the ball.It's a schizophrenic market. Last Tuesday it sold-off violently, then came back with a vengeance. This market may be telling you that the days of buy, hold and hope are over.
Chip stocks break out as blackberrys buzz, gaming gains. A pesky Alan Greenspan can't stop grumbling about a possible recession with the Former Fed Chief sparking the violent sell-off in the market this past week. With respect, the market today tells a different story about America, Mr. Greenspan.
Intel said Monday that it may have lost some internal e-mails that it was supposed to turn over as possible evidence in the landmark antitrust lawsuit filed by archrival Advanced Micro Devices.
Stocks were hit by another late-session selloff as investors remained jittery after the market's worst week in four years. "I think it's just indicative of what the market is going to look like for the next couple of weeks, it's going to be very choppy," said Dan McMahon, head of listed trading at CIBC World Markets.
The company, which trails Intel in the market for computer chips, said revenue would fall short of its earlier quarterly target of $1.6 billion to $1.7 billion.
Sin pays. You can invest in good corporate citizens and go nowhere, or you can get down with alcohol, tobacco and firearms to really make some money. Don’t believe us? Here’s proof.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.