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Wall Street should brace for a round of profit warnings from U.S. technology companies this results season, as consumers and businesses rein in spending amid a weaker economy and record energy prices. The world's largest microchip company, Intel Corp spacer , kicks things off for the sector Tuesday, followed by top computer services provider IBM spacer Wednesday and Web search leader Google Inc spacer Thursday.
A double helping of economic data and first-quarter earnings reports will flood the zone next week, but it's the corporate earnings that will drive stocks and give a better picture of where the economy is going. If GE's bombshell earnings miss is an indicator, the news will be as nasty as traders expect.
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GE and the G7 -- two big stories for the markets Friday with the dollar as a common theme. First, General Electric releases earnings before the open.
Intel and other chip stocks surged Thursday on a Banc of America upgrade. Is it time to start buying the semiconductors?
The Dow rose Thursday after the semiconductor sector received an upgrade and Wal-Mart reported higher sales for March. What's the "Word on the Street?"
The Dow and S&P 500 snapped a two-day losing streak Thursday, led by technology stocks after an upgrade on the chip sector.
Stocks advanced Thursday, helped by an upgrade on the chip sector and increased forecasts from two Dow components.
With good news from Walmart and Goldman CEO Blankfein saying we are closer to the end of the current financial crisis than the beginning, the markets are rallying. Is Blankfein right or is it the calm before the storm?
Plus, Intel drags down tech, breaking news from American Airlines and UPS and much more.
Just how bad can it get for Advanced Micro Devices? Seems we've been down this road often, and recently. It was only January when Banc of America issued a blistering advisory to clients that despite a 62 percent pummeling in 2007, AMD spacer was still not a good deal; that difficult times still lay ahead.
Advanced Micro Devices said it will cut 10 percent of its work force after first-quarter sales fell more than it had expected.
Stocks finished flat Monday as traders opted to pull over and let some of the earnings traffic pass before deciding what to do next.
Stocks advanced Monday, helped by financials, after some encouraging news that suggests banks may be getting their act together.
Stocks opened higher Monday, led by financials, after some encouraging news that suggests banks may be getting their act together.
Intel, the world's largest chip maker, said it isn't seeing a significant drop in demand amid the U.S. slowdown because it exports most of its chips. In fact, the slowdown has even helped Intel as the weak dollar boosts exports.
Bad economic numbers have jarred the market -- but not nearly as badly as many had feared. Marty Cunningham of Hudson Securities finds that reassuring...and says it's time to get busy buying hard-hit stocks like financials and technology.
Cramer gives the definitive breakdown of why this is the stock of the future.
Is Dell running the risk of becoming the Yahoo! of the PC sector? Seems that way. The company has been spiraling, locked in fits and starts of recovery and morass for the better part of four years, and now there's word that already aggressive cuts and reorganization scenarios apparently weren't aggressive enough.