Microsoft laid off 2,100 employees as a part of a previously announced restructuring plan.» Read More
Microsoft Vista officially hits store shelves at midnight Monday, and that's leading to a lot of speculation as to what the release will mean for the world's largest software company. So what does this actually mean for Microsoft?
Stocks ended mixed on Monday as investors cast a wary eye on rising interest rates ahead of the Fed's two day meeting this week.
The first shots in the war for the microprocessor of the future have been fired over the weekend. The two leading chipmakers, Intel and IBM, came out with similar announcements this weekend that they have made major advancements in microchip technology. Jim Goldman had the story for “Morning Call” from San Jose, CA.
Stocks in the U.S. are looking for direction this morning as Europe trades mostly higher and Asian stocks were mixed overnight. Lots of deal news and earnings reports are making headlines this morning, and investors await a heavy menu of economic data and a Fed meeting later in the week.
"Does the World Economic Forum have a reason to exist? And two portfolio managers offer investment ideas if an equity pullback occurs.
In dueling announcements, Intel and IBM separately say they have solved a puzzle perplexing the semiconductor industry about how to reduce energy loss in microchip transistors as the technology shrinks to the atomic scale.
As the World Economic Forum draws to a close, Maria Bartiromo had a chance to sit down with Intel Chairman Craig Barrett to discuss where he sees opportunities for innovation in the tech sector. Barrett says Intel is squarely focused on innovations in healthcare IT and education. Emerging marketplaces will drive growth in the long-term...
Intel Chairman Craig Barrett said that that the average selling price of its semiconductors actually rose last quarter. Speaking at the World Economic Forum in Davos, Switzerland Barrett also spoke about providing incentives for math and science education and whether companies can profit from environmental measures.
Advanced Micro Devices posted a fourth-quarter loss of $1.08 a share. Excluding charges related to the acquisition of ATI, AMD lost 4 cents a share -- well below estimates of 10-cent a share profit.
It's the weak outlook that companies are giving--particularly among techs--that's putting shareholders in the selling mood.
Stocks ended sharply lower after a day long selling spree, sparked by worries corporate earnings growth is showing signs of weakening.
Sun Microsystems tapped semiconductor maker Intel to supply it with chips for servers and workstations, and the chief executive officers of both companies told CNBC they'll work together to develop future products and promote one another's technology.
Stocks in the U.S. are leaning towards a higher open, as investors brace for a barrage of earnings news. Oil is bucking its recent downtrend and is slightly higher as cold weather finally settles into the Northeast. European stocks are trading higher, helped by mining, metals and oil stocks. Asian markets closed higher with Tokyo at a 9-month high.
January has proven to be quite the busy month. We went from the Consumer Electronics Show, to Macworld, and then right into earnings season. And while there have been few tech surprises so far, this week promises to be filled with major headlines.
"We think we're getting close to a top," said Bill Strazzullo, chief market strategist for Bell Curve Trading. "The problem is the market is counting on this booster shot of lower interest rates and some of that has been taken out."
Technology stocks still face some turbulence, and analysts say it may be a good time to stick to the more defensive names in the group.
U.S. stocks closed near the worst levels of the day as weakness in technology stocks trumped positive economic data. Stronger than expected housing data and tame inflation data dampened hopes for a Fed rate cut any time soon.
U.S. stocks closed lower after oil prices staged a late rally, while weakness in technology dragged down the Nasdaq.
Intel's fourth-quarter profit fell 40% as the world's largest chip maker endured a painful price war with much-smaller rival Advanced Micro Devices and continued to pay for a massive restructuring.
European Commission staff have again asked the EU's antitrust chief for permission to prepare charges against Intel, part of a long process that faces further hurdles, a source familiar with the case said.