Some of the names on the move ahead of the open.» Read More
Advanced Micro Devices reported first-quarter results that badly missed consensus estimates as the company reported lower shipments of chip products in addition to falling average prices.
Stocks closed mixed but the Dow Jones Industrial Average inched up to another record as investors awaited key quarterly reports after the bell. "You still have some pretty important earnings coming out that are going to set the tone," said Adam Tracy, director of listed trading at Thomas Weisel Partners.
Earnings blowouts and encouraging drug trials were some of the catalysts behind Thursday's most actively traded stocks.
Flash memory maker Spansion reported a first-quarter loss of 46% due to intense price competition, and announced large scale cost-cutting measures.
China's rapid growth is a double-edged sword and today it is cutting into world equities markets. Asian and European markets were lower and U.S. stocks are pointing at a weaker opening, with the Dow, fresh off a new high, looking particularly wobbly. Earnings news is also setting the tone.
Intel posted higher quarterly profit in line with analyst expectations, while a top official told CNBC that the microchip maker is reclaiming market share from rival Advanced Micro Devices. In an interview with Jim Goldman, Chief Financial Officer Andy Bryant also said that Intel's gross margins should rebound to the mid-50s by the middle of the year.
Stocks are heading for a lower opening as some weak tech earnings worry investors. The dollar continues to fall against major currencies. Asian markets were higher overnight, but European stocks are lower. There are no big data items today but earnings could sway direction.
See what analysts had to say about the market today on CNBC.
Cody Acree, managing director at Stifel, Nicolaus, told CNBC’s “Squawk Box” that he believes Intel is poised for a rebound.
The guys must defend themselves from a barrage of criticism, after some of their stock picks backfire.
The guys go behind the headlines and give you their take on... the CSX downgrade...the AMD upgrade... and more.
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.
And you thought with last week's earnings warning from Advanced Micro Devices and the mixed financial bag from National Semiconductor that we'd be done with chips for awhile.
Stocks were set to start the week lower after concerns about sub-prime mortgage lending dented enthusiasm for a very busy Merger Monday.