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Intel is reporting Q1 EPS of $0.38 on revenue of $12.76 billion, with CNBC's Dominic Chu.
Intel posted quarterly earnings Tuesday that edged past expectations, while revenue was slightly below estimates. Shares rose in extended-hours trading.
Four major tech companies said witnesses should not be allowed to offer evidence that Steve Jobs was a "bully" during an upcoming hiring trial.
SAN FRANCISCO, April 15- Witnesses at an upcoming trial over no-hire agreements in Silicon Valley should not be allowed to offer evidence that Apple co-founder Steve Jobs was "a bully," four major tech companies argued in a court filing.
The earnings squad crew provide forecasts for Intel and CSX's earnings data, with CNBC's Melissa Lee, Kate Kelly and Dominic Chu.
Some of Tuesday's midday movers:
It's been nearly a year since chipmaker Intel named Brian Krzanich as its new CEO, and in that time, the troubles it faces haven't changed.
The late rally even gave a lift to tech stocks like Google and Intel, which had weighed on the market much of the day. "As long as the market can close on a positive note, it sends a signal to investors that there are bargains in the market still to be had," said Quincy Krosby, market strategist at Prudential Financial.
U.S. stock index futures pointed to a flat-to-lower open on Tuesday, as investors awaited results from a number of industry heavyweights.
A rush of earnings could help steer the market's direction on Tuesday, after Citigroup's earnings beat provided kindling for a market rally Monday.
BlackBerry Ltd. fell 1.9 percent to $7.14 with 17,696,100 shares traded. Cisco Systems Inc. rose 1.7 percent to $22.85 with 35,296,700 shares traded. Facebook Inc. rose. 6 percent to $58.89 with 70,744,500 shares traded.
CHICAGO, April 14- A resounding shot across the bow has been fired at the tech sector in recent weeks. The tech-heavy Nasdaq Composite Index is down nearly 5 percent in April through Friday's close and the Nasdaq Biotechnology Index is off 21 percent from its record closing high on Feb. 25.
The sharp stock market decline last week doesn't look like it will continue this week, Jonathan Golub, chief U.S. market strategist at RBC Capital, told CNBC on Monday.
BlackBerry said it plans to release security updates for Android and iOS devices by Friday to address the "Heartbleed" security threat.
Like thunderstorms cooling an overheated landscape, more selling could rumble through the stock market in the coming week.
Entrepreneurs and investors say Silicon Valley's fast-growing financial ties with Russia's tech sector are being slowed
Security experts initially told companies to focus on securing vulnerable websites, but have since warned about threats to technology used in data centers and on mobile devices running Google Inc's Android software and Apple Inc's iOS software.
SAN MATEO, California— Entrepreneurs and investors say Silicon Valley's fast-growing financial ties with Russia's tech sector are being slowed down by current political tensions between the White House and the Kremlin.
NEW YORK— Is the selling over or has it just begun? That's the question investors are asking after the biggest weekly drop in the Standard and Poor's 500 index since January. "The market has been trying to come back, but each time the selling just picks up," said Quincy Krosby, a market strategist at Prudential.
SAN FRANCISCO— The stock market's laws of gravity are ravaging its highest fliers. Stung by the abrupt change in sentiment, the stocks of recent stars such as Netflix, Facebook, Twitter and LinkedIn are 20 percent to 45 percent below their recent peaks. The S&P 500 is 4 percent off its recent high on April 2.