Intel (Nasdaq: INTC), the No. 1 chipmaker, Tuesday reported decent second-quarter financials but spooked investors and Silicon Valley with the dreaded news: third-quarter sales will be worse than expected.
When Intel (Nasdaq: INTC), the No. 1 chipmaker, reports second-quarter results after the market closes on Tuesday, the real numbers investors may await are those in the company's forecast rather than the actual results.
Second-quarter earnings season heads into full swing next week. The results will provide guidance on how much the global slowdown is affecting U.S. companies.
What bad news does China have in store?
Asian stock markets mostly ended lower Wednesday, following declines on Wall Street Overnight, as concerns over corporate earnings outlook and euro zone crisis weighed on the sentiment.
ASML Holding, Tata Motors, Arcelormittal, Molycorp, CVS Caremark Corp, Advanced Micro Devices, France Telecom and Senior Housing Properties Trust are among the companies whose shares are moving in pre-market trading Tuesday.
The top after-market NYSE gainers Monday were Cellcom Israel, Clear Channel Outdoor Holdings, Yingli Green Energy Holding, Sunrise Senior Living and Zale Corp. The top after-market NYSE losers were Advanced Micro Devices, Beazer Homes USA, Douglas Emmett, Quantum Corp and Senior Housing Properties Trust.
French labor unions warned Francois Hollande's government of massive layoffs, which could test the new president's economic mettle.
The Semiconductor Industry Association, which represents the top U.S. chipmakers, lauded bipartisan approval in the U.S. Congress to boost funding for both the National Science Foundation (NSF) and the National Institute of Standards and Technology (NIST).
Micron Technology Inc. (NYSE: MU), the only U.S. maker of memory chips, has won a bid for the assets of rival Elpida Memory of Japan, which collapsed in February.
A list of potential titles for Nintendo?s upcoming Wii U console has leaked from Blockbuster UK?s internal point of sale system, according to IGN. The list features alleged photos of 25 titles, and was originally discovered by GoNintendo.
Adobe Systems Inc Monday announced the availability of the upgraded Adobe Creative Suite 6 (CS6) software, which was unveiled two weeks ago.
Microsoft?s next generation Xbox, rumored to be called the 720 and codenamed Durango, is in its manufacturing stages according to IGN. A source told the gaming website that assembly of the upcoming console?s hardware has started recently at the Austin, Texas division of Flextronics. The electronics company is also responsible for manufacturing the current Xbox 30 console and the original Xbox.
At an investor briefing in Tokyo at the end of April, Nintendo President Satoru Iwata said the company will be taking a different approach when creating games for the Wii U. Nintendo seeks to target the traditional hard-core audience rather than casual gamers, and Iwata said that the upcoming console will break new boundaries.
Here are pictures of the Nets new logo, as well as some of the team's new apparel.
Tech analysts are busy predicting that laptop sales are expected to go down and tablets and smartphones would gain prominence in the coming years. However, top notch wireless manufacturers are still in no mood to stop introducing the new flagship models of their lineups.
There?s been a lot of buzz about next-generation gaming consoles, with Sony?s upcoming PlayStation 4 known internally as ?Orbis,? Microsoft?s Xbox 720 code named ?Durango? and Nintendo?s double-screen experienced Wii U. Despite the generated hype, market analysts say that this next breed of gaming devices will not reach the same audience its predecessors did.
There's been a lot of hype surrounding the next Call of Duty title, which is said to be a follow-up to 2010's widely popular Black Ops. However, recent leak indicates that Treyarch may have something different up its sleeve.
Apple will not be updating its 17-inch MacBook Pro laptops according to a new report. Apple will aim to consolidate its product line and slim down its existing series of laptops.
It's a big day for Adobe fans. The company has finally unveiled Adobe CS6, the sixth version of the company's creative suite of software tools, as well as its new Creative Cloud, which allows users to use the products through a new subscription service. Here we break down of all the new features.
The new investor bywords are “big data.” Initial public offerings last week for both Splunk (Nasdaq: SPLK) and Proofpoint (Nasdaq: PFPT) were smash hits because of it. Big companies like IBM (NYSE: IBM) may be the biggest beneficiaries.
Despite being tagged as the powerhouse performer by Apple, MacBook Pro could never do justice to its 'Pro' moniker till 2011 when it received some minor updates.