U.S. stocks closed higher, recovering from the prior day's selloff, as investors eyed higher Treasury yields and looked for signs of economic growth.» Read More
*EU sends Google antitrust charge sheet over shopping searches. *Google says its products foster competition, help consumers. "If the investigation confirmed our concerns, Google would have to face the legal consequences and change the way it does business in Europe."
Inside Intel's earnings, with Romit Shah, Nomura Securities, who discusses how the growth in the data center business is helping to offset PC weakness.
Early morning earnings reports from major financial companies and a few economic reports could set the tone for Wednesday's markets.
Rick Whittington, senior equity analyst at Drexel Hamilton, discusses Intel earnings, and says the company may have "some participation" in the wearables sector.
AMSTERDAM, April 15- ASML Holding, a key supplier to top global semiconductor makers, gave a slightly lower than expected forecast for second-quarter sales after posting a 60 percent jump in first-quarter profit on Wednesday. ASML reported first-quarter net profit of 403 million euros on sales of 1.65 billion euros. However, ASML's Chief Financial Officer...
Patrick Moorhead, president and principal analyst at Moor Insight & Strategies, says he expects a consumer resurgence in PCs this year as users look to upgrade old models.
Trip Chowdhry, managing director at Global Equities Research, says Intel has done a poor job in innovating its desktop business by treating it as a "second-class citizen."
SYDNEY, April 15- Asian markets stumbled on Wednesday as relief China had matched its own growth target was soured by poor readings on consumer demand and industrial activity, underlining the need for more policy action by Beijing. "It doesn't change our view that China needs to cut either reserve requirements or interest rates every month during the next three...
*Intel capital expenditure cut hits chip-related shares. *Obayashi gains after raising earnings outlook. TOKYO, April 15- Japan's Nikkei share average was flat on Wednesday as investors took profits on recent gainers such as drugmakers, but expectations that companies will report strong profits supported sentiment.
Shanghai stocks wavered around flat before rising 0.25 percent, while the CSI300 index of the largest listed companies in Shanghai and Shenzhen added 0.3 percent. Shanghai has been rising for six weeks straight as investors have chosen to focus on the prospect of extra policy stimulus. MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.2...
SYDNEY, April 15- Asian share markets took a cautious stance on Wednesday ahead of an anxiously-awaited reading on China's growth pulse, while the dollar nursed losses after a disappointing reading on consumer spending nudged bond yields lower. MSCI's broadest index of Asia-Pacific shares outside Japan was all but flat, while Japan's Nikkei inched down 0.2...
If the new Windows 10 undershoots expectations, Intel, which has based its 2015 guidance on the launch, might be hit, says Jay Srivatsa, managing director for Equity Research at Chardan Capital Markets.
CNBC "Fast Money" traders disagreed on whether Intel's growth segments can float its sagging personal computer business.
The "Fast Money" traders give their final trades of the day.
Intel CEO Brian Krzanich expects the PC market to remain challenging this year. CNBC's Josh Lipton outlines the highlights from the the company's earnings conference call, including the launch of Windows 10.
Intel forecast current-quarter revenue of $13.2 billion, plus or minus $500 million, based on expectations of stronger demand for its personal computer chips and continued strength in its data center business. For the full year, Intel forecast flat revenue, also in line with Wall Street's estimates. Intel said it would cut 2015 capital expenditures to $8.7...
Intel saw sluggishness in its personal computer business but strong growth in its data center segment. Doug Freedman, RBC Capital Markets, says Intel's quarter was better than expected, and investors should move away from the fact the PC market is contracting.
Take a look at some of Tuesday's after-hours buzz: Intel, Biogen & more
Stacy Smith, Intel CFO, responds to weakness in the desktop PC unit in the first quarter, and the growth he expects to see in the non-PC units.
Intel's shares rose 3 percent to $32.42 in after market trading. Intel has been lagging behind rivals such as Qualcomm Inc and ARM Holdings Plc- the British company behind the processor in Apple's iPhone 6- in the fast-growing smartphone market. Intel forecast current-quarter revenue of $13.2 billion, plus or minus $500 million.