CA
NZ
UK
AU
IND
US
Intel beat expectations for the September quarter, but its outlook was what mattered. According to market reports, Intel expects fourth-quarter client computing revenue to fall more than 20% from the prior quarter, blaming memorySupplyconstraints and cautious corporate spending, and it expects PC market weakness …
Intel's shares fell almost 29% after it guided fourth-quarter revenue to $15 billion to $16 billion, below analyst expectations, and warned of a continuing PC slowdown driven by memory prices and availability. Amazon, meanwhile, reported a sharp cash outflow in the third quarter and …
The numbers from Intel'sEarnings Callwere stark. According to market reports, Intel now expects PC unit demand to fall about 12% in 2026, with second-half volumes down more than 20%, and plans for a further contraction of roughly 10% in 2027, with the steepest declines …
Friday's extra decline came as the whole technology sector was under pressure. Intel (NASDAQ:INTC)'s weak fourth-quarter outlook sent chip stocks tumbling, and Amazon (NASDAQ:AMZN) reported a sharp cash outflow alongside plans for more spending next year. Market reports said the pair had raised concerns …
The third quarter itself was solid. Intel reported revenue of about $16.5 billion, up 21% from a year earlier, and adjusted earnings of 52 cents a share, against company guidance of 38 cents and a consensus estimate of 40 cents, according to market reports. …
Friday's session was one of the worst for technology stocks this year. According to market reports, theNasdaqComposite fell 2.84% to 25,442.31 and the S&P 500 lost 1.83%. Intel (NASDAQ:INTC) dropped about 29%, its worst day since 1974, after it gave a much weaker fourth-quarter …
The broader market had a rough day. Market reports said theNasdaqComposite fell 2.84% and the S&P 500 lost 1.83%. Intel dropped about 29%, its worst day since 1974, after giving a much weaker-than-expected fourth-quarter forecast and citing a severe PC slump and a factory …
Friday's session was a punishing one for growth stocks. The Nasdaq-100 dropped 3.46% and the S&P 500 lost 1.82%, according to a closing market summary, while the Philadelphia Semiconductorindexsank 7.2%. Intel plunged almost 29% after a weak fourth-quarter outlook, and Amazon reported a sharp …
The deal talk began on Wednesday, October 28, when market reports said Marvell was in advanced discussions to buy Lumentum. Marvell closed that day at $251.65, according to market analysis. It fell to $218.34 on Thursday and then to $196.40 on Friday, a cumulative …
The decline was modest next to the double-digit losses in chip stocks, but it left Microsoft below its pre-earnings close of $531.01. The day's selling was driven less by anything Microsoft said than by renewed anxiety over the enormous sums being poured into artificial …
Please wait processing your request...