After the open-source software boom of the 1990s, hardware firms are now embracing technology without patents and open to the public.» Read More
Wall Street analysts maintained largely positive views on Texas Instruments following the chip maker's quarterly update, with a number of analysts predicting an uptick in demand in the latter part of the year.
Texas Instruments narrowed earnings guidance and tightened sales expectations for the fiscal first quarter. The semiconductor company said after Monday's close that it expects fiscal first-quarter earnings to range from 29 cents to 33 cents a share, compared with earlier guidance of 28 to 34 cents.
Stocks closed higher as investors overcame concerns about subprime lending to spark a late-day rally. "We're going through a short-term bounce," Mark Arbeter, Chief Technical Strategist at Standard & Poor's, told CNBC. "Volume, so far, on the upside has been fairly light, which is not encouraging. "
And you thought with last week's earnings warning from Advanced Micro Devices and the mixed financial bag from National Semiconductor that we'd be done with chips for awhile.
Stocks were set to start the week lower after concerns about sub-prime mortgage lending dented enthusiasm for a very busy Merger Monday.
"Bull Market Intact? Analysts Hit the Street In Force, Recommending Altria, Monsanto" After a week where $1 trillion in value was lost and stocks shaved off, on average, 5%, Wall Street analysts finally felt safe enough to come out from hiding.
Chip stocks break out as blackberrys buzz, gaming gains. A pesky Alan Greenspan can't stop grumbling about a possible recession with the Former Fed Chief sparking the violent sell-off in the market this past week. With respect, the market today tells a different story about America, Mr. Greenspan.
U.S. stocks may have more room to run, but analysts say it might be wise to buy on the dips as the market looks for the next big catalyst to move it forward.
Global sales of microchips are expected to rise about 10% to $273.8 billion this year after increasing 8.9% to $247.7 billion in 2006, an industry group said on Friday.
Analysts said the deal would boost revenue at TI, which already sells Motorola chips for cheaper handsets but recently blamed its poor quarterly results on weak demand for more-costly phones that use multiple TI chips.
Stocks opened initially higher as strong earnings from United Technologies helped boost the Dow. Energy stocks gained as oil moved above $53 a barrel.
But the company's current-quarter forecast disappointed as it said growth was skewed toward low-priced phones.
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.
Buying in technology and financial stocks pushed stocks higher, outweighing declines in the energy sector.
CNBC’s Silicon Valley Bureau Chief Jim Goldman is in Las Vegas for the 40th annual Consumer Electronics Show--where some 140,000 people are previewing products from 3,000 companies over the next four days. Our top tech reporter appeared on “Squawk on the Street” to tell us the companies – and stocks – to watch at the conference.
Showing up for the first trading day of the New Year is a little like arriving for the first day of school. Good grades from last year no longer count, and the books are no longer relevant. That feeling is especially strong when the old year rang in some very comfortable double digit gains for stocks, and the path to the next year's profits is not so clear. The first week of 2007 is awash in data, including the Friday jobs report, auto sales, retailers'.....
It's been a pretty good year for tech stocks--but even a good 2006 doesn't hide the fact that the sector has underperformed the market for the last three years. So--there should be plenty of growth ahead in 2007, right? Scott Kessler is the S&P's Senior Director of Technology Sector Equity Research. Peter Misek is Senior Tech Analyst at Canaccord Adams. On "Morning Call" the pair give their sector outlook and stock "picks."
The portfolio manager and short-selling expert offers CNBC’s Erin Burnett his “possible improbables” for 2007.
Stocks closed lower amid muted reaction to the Federal Reserve's decision to leave interest rates unchanged.
Texas Instruments, the biggest maker of semiconductors for mobile phones, cut its fourth-quarter earnings and revenue outlook Monday, citing weaker-than-expected demand for wireless chips.