Argus Downgrades Intel (INTC) to Hold
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/23/2024
- Futures tread higher as more earnings roll in
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil falls back after robust EU data as Mideast tensions linger
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- SAP Q1 results fall short of Wall Street estimates as transformation kicks off
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Kroger (KR), Albertsons and C&S Wholesale Grocers Announce an Updated and Expanded Divestiture Plan
- Costar Group (CSGP) to Acquire Matterport (MTTR) for $5.50/sh Cash and Stock
- Jaguar Health (JAGX) Files $75M Mixed Shelf
- Apple (AAPL) PT Lowered to $210 at Morgan Stanley, 'We'd buy post-earnings weakness'
- Apple, PepsiCo, JetBlue fall premarket; Amazon, GM and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
- After-hours movers: Netflix, Intuitive Surgical, Nordstrom, KB Home
Tech Sector Bloody as PC Sales Vanish
April 11, 2013 10:46 AM EDTTech stocks like HP (NYSE: HPQ) and Microsoft (NASDAQ: MSFT) are under heavy pressure Thursday following weaker-than-expected PC data, which analysts said indicates faster erosion as tablets continue to take market share.
Worldwide PC shipments totaled 76.3 million units in the first quarter of 2013, down 13.9% compared to the same quarter in 2012 and worse than the forecast decline of 7.7%, research firm IDC said. The year-on-year contraction marked the worst quarter since IDC began tracking the PC market quarterly in 1994.
IDC in part blamed a weak... More
PC Shipments Fall Off Cliff in Q1, Down 14%
April 10, 2013 4:18 PM EDTPC shipments fell 14 percent in Q1, the worst decline on record, according to reports from researchers at IDC. Analysis showed buyers opted to splurge on tablets and smartphones, leaving PCs to collect dust. Researchers had forecast a decline of only 7.7 percent.
"We don't have a lot of... More
