Here's part two of my what to expect posts on tech earnings this week: At Intel, a decidedly more upbeat outlook for the world's largest chipmaker Intel: The company took the unusual step of hosting a mid-quarter financial update a few weeks ago, raising its outlook and narrowing its gross margins to a healthy 52%.
Here are my thoughts this Monday morning: 1) Citigroup's earnings were about in line with their own drastically reduced guidance they gave a couple weeks ago. Fixed income was poor as expected, and consumer delinquency rates continue to uptick. International posted strong revenue growth (up 30%) Conference call at 8:30.
By the end of the coming week, the corporate earnings picture will be clear and it may not necessarily be one the stock market likes.
As gadget makers like Apple (AAPL) and Research in Motion (RIMM) soar to new highs, the chip makers, such as Micron (MU), can’t seem to keep up. Carter Worth turns to the charts for a two-faced tech trade. How can tech keep rallying without chips – the backbone of the sector?
Sprint Nextel shares fell almost 4 percent Tuesday a day after the No. 3 U.S. mobile-phone service warned it would not meet 2007 financial targets and said its chief executive had stepped down.
Is there no end in sight for Google and its shares? Last week when the company was oh-so-close to $600, I wrote that price targets would be on the move now that the company was teasing investors with yet another key milestone on its journey to the stratosphere, and sure enough, Bear Stearns revised its 52-week target to $700 just two days later.
Cramer makes the call on viewers' favorite stocks.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.
U.S. chipmaker Intel has asked for more time to respond to antitrust charges filed by the European Commission, an official at the European Union's executive arm said on Monday.
When you hear the names Intel, Qualcomm and Texas Instruments, healthcare isn’t the first thing that comes to mind, but that could change.
Stocks ended lower on Wednesday as strong manufacturing data released this morning offset broad declines in the tech sector. "From a technical perspective, seeing this kind of pullback is not bad, you want to see consolidation and see some base build," said Sean Brodrick, senior commodities analyst at MoneyandMarkets.com.
Deutsche Bank held its annual news conference in Frankfurt this morning. Despite taking hits from the credit markets, they are sticking to their 2008 earnings targets because of robust earnings in other business areas, capital gains, and tax benefits.
Good morning. Here's what I see for today: 1) We have been talking about the "decoupling" of the U.S. economy from the global economy--not that the U.S. isn't important to global growth (of course it is); but that the world is not as dependent on the U.S. consumer as it had been in the past.
Cramer makes the call on viewers' favorite stocks.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.
Nvidia is rolling out a graphics microchip that will be embedded in the main collection of components that make up a personal computer, as the company goes toe to toe with Intel in the integrated graphics chip market.
Whether its Rudy or Hillary next year, the real winner may be the stock market. History shows that the S&P 500 rallies going into an election year. How do you trade it?
With emerging markets gobbling up notebook computers, Morgan Stanley raising its 2007 PC growth forecast 4%, and the major PC makers all up more than 5% in a month –- is the PC back to being a cornerstone of the digital revolution?
No economic data today but it is quadruple witching expiration, the quarterly S&P rebalancing, and we are approaching the end of the quarter. The good news: for all the worries, the S&P 500 is up 1.02% for the quarter (as of yesterday). The bad news: without the big gains in energy, the index would be down 0.05%. Energy is the biggest sector gainer, up 9.8%.