Millennials are tech-savvy, thrifty and more likely to stream entertainment online than other Americans. Have they abandoned …
intel
Intel, IBM Earnings Spook Wall Street, Stoke Tech Sector Fears
Lackluster earnings reports from Intel and IBM underscore global economic weakness and highlight sluggish demand for PCs and enterprise technology.
All Eyes on Intel as Tech Earnings Kick Off Amid Investor Gloom
It’s that time of year again on Wall Street.
Intel’s Earnings Warning is an Ominous Sign for the Tech Sector
Tech stalwarts like Apple, Google, IBM, Intel, and Microsoft have been powering through the recession. If these companies falter, the U.S. is in trouble.
Inside Yesterday’s Stock Market Rally
The markets got back their mojo Tuesday, with the S&P 500 gaining 1.6%, the Nasdaq climbing 1.8%, and the Dow Jones Industrial Average jumping 1.5%. Apple, the stock that broke the market’s back in recent days, rocketed 5.1% …
How Flooding in Thailand Hurts Intel’s Sales
Intel, the world’s largest microchip maker, lowered its sales forecast by $1 billion due to a shortage of hard disk drives caused by the recent severe flooding in Thailand, the company said Monday. Thailand is one of the world’s …
Surprise! Warren Buffett Owns Tech Stocks
A week after disclosing that he had dived headlong into stocks dependent on a strong economy, Warren Buffett reveals he also bought 5.5% of the technology giant IBM. Cyclical and tech stocks are not usually high on Buffett’s wish …
Do fab new benefits help or hurt workers?
Lately I’ve been hearing about some innovative benefits offered by big companies. Microsoft started a pilot program last year for house calls—rather, desk calls—by in-house doctors to employees. So if you’re coughing up a lung at 3 p.m., rather than hobbling off to some distant clinic you just keep pecking away at your Google-slaying …