Technology Select Sector SPDR Fund (XLK)
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Technology stocks, represented by tech ETF (NYSE: XLK), may come under pressure today, as shares of computer manufacturer Dell Inc (NASDAQ: DELL) took a beating overnight. The price of the stock is down 13 percent after the company missed estimates when it reported earnings and provided lackluster guidance after the close yesterday.
Revenue was $14.42 billion, down 4 percent from $15.02 billion in the same period last year. Non-GAAP net income dropped from $1.05 billion to $761 million, or 43 cents per share. The Street was looking for revenue of $14.91 billion and EPS of 46 cents.
In other tech news, Hewlett-Packard (NYSE: HPQ) will be reporting earnings after the bell today.
For a complete list of technology companies reporting earnings this week, visit EPS Insider at Streetinsider.com.
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Revenue was $14.42 billion, down 4 percent from $15.02 billion in the same period last year. Non-GAAP net income dropped from $1.05 billion to $761 million, or 43 cents per share. The Street was looking for revenue of $14.91 billion and EPS of 46 cents.
In other tech news, Hewlett-Packard (NYSE: HPQ) will be reporting earnings after the bell today.
For a complete list of technology companies reporting earnings this week, visit EPS Insider at Streetinsider.com.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
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