Advanced Micro Devices posted a 13% rise in quarterly revenue on Thursday, a surprise sign of recent success against rival Intel that sparked a rally in the microchip maker's shares despite its $600 million loss.
Intel, the largest maker of computer processors, posted a rise in second-quarter earnings on Tuesday, but its missed its gross margin goal and its shares fell nearly 5% in after-market trading.
Talk about a tale of two companies: Intel soars, and Yahoo is just plain soar. Both companies report after the bell today and investors are expecting decidedly different tones. For Intel, these are heady times. The simple numbers are 19 cents a share on $8.54 Billion in revenue. But the focus for this company will be on guidance.
Strap in because next week is going to be big for the biggest names in technology. We'll get earnings news on Tuesday from Intel and Yahoo; IBM and eBay on Wednesday; Microsoft, Google, Motorola and AMD on Thursday. Did you get all that?
EMC, Target, Juniper Networks, Omniture 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.
With earnings season kicking off after the bell Monday, Charles Rotblut, senior market analyst at Zacks.com, told "Power Lunch" that the aerospace sector will perform well. "Boeing is doing very well," Rotblut said of the aerospace and defense corporation, as it had a successful launch of its new 787 Dreamliner jet over the weekend and currently has close to 700 airplane orders.
Market pros will be looking closely at the tech sector in the upcoming earnings season, but for investors seeking a quick pop, they need look no further than the energy sector as oil prices remain at record levels.
It has been almost a year since this Mad Money institution first aired, and now it's time to shake things up. Say hello to three new members.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.
You'd think that with sand being one of the world's most abundant natural resources--and the key ingredient used in chip making--that there'd be no chance of a silicon shortage. You'd be wrong, and you can thank the incredibly fast growing solar panel industry for the problem. These two industries have been fighting for raw material to fuel their growth for some time, but now, an innovative solution may make both sides happy--and generate many happy returns for investors in companies like Intel, National Semiconductor, Texas Instruments, Freescale, AMD and so many others.
Stocks ended the week lower as investors were rattled by rising energy prices and worries about the potential fallout from two struggling mortgage securities funds managed by Bear Stearns.
The tech sector is roaring today. And despite a hard rule that tech should not be bought before August, Cramer said there are some good short-term trades in the market right now.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.
Stocks closed higher as investors were encouraged by solid economic data amid a broad rally in technology stocks. "We were pretty oversold yesterday," said Tom Schrader, managing director of US listed trading at Stifel Nicolaus. "We had some good news from the tech sector which propelled the Nasdaq higher."
U.S. Stocks closed broadly higher, posting the best weekly gain in nearly two months, following tame inflation news. "The market has so much upward momentum right now," said Darin Richards, chief investment officer at AKT Wealth Advisors. "I don't think I see anything right now that would really derail this market substantially."
Inflation data will set the agenda today as traders await the release of the CPI. Stock markets around the world are higher.
Global microchip sales will grow by only 1.8% this year, much slower than an earlier projection of a 10% increase, as prices in key markets tumble, an industry group said.
There's been a dramatic increase in options trading.
Intel detailed plans Tuesday to team up with Asustek Computer, the world's largest maker of computer motherboards, to make a notebook PC that would cost as little as $200 aimed at the education market in developing countries.
Toshiba said it would buy microprocessors from Advanced Micro Devices, ending its exclusive ties with Intel for the supply of the brains that run computers, and sending its shares higher.
Stocks ended broadly lower and the Dow fell for the fourth straight session after strong economic data lowered the odds of a near-term cut in interest rates. "The market was looking for a reason to pull back," said Brian Belski, chief U.S. strategist at Merrill Lynch. "Coming into the holiday weekend, it's not surprising that we're seeing some weakness."
Dell, which has relied mostly on a direct-to-consumer sales model, will start selling computers through Wal-Mart stores. The deal aroused concerns about possible margin-tightening for chip makers.