|Bid||0.00 x 1000|
|Ask||0.00 x 21500|
|Day's Range||57.23 - 58.38|
|52 Week Range||42.36 - 59.59|
|Beta (3Y Monthly)||0.49|
|PE Ratio (TTM)||12.86|
|Forward Dividend & Yield||1.26 (2.35%)|
|1y Target Est||N/A|
Yahoo Finance's Jennifer Rogers, Myles Udland, and Rick Newman recap the day's market action, ahead of a slew of earnings reports from companies like Amazon, Intel, Starbucks, and Ford.
Jim Cramer says he's souring on the flood of new IPOs, given the big runs in Zoom and Pinterest shares and Intel's weak guidance.
Intel gets crushed on earnings and weak guidance. Is a chip wreck coming? With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Dan Nathan and Guy Adami.
to lobby for LGBT rights in Brunei after the country introduced a harsh new penal code. Eumedion, which counts several large Shell shareholders among its members, could confront the oil company’s chief executive Ben Van Beurden next week when it plans to address the company’s carbon emissions. Shell wields significant economic influence in Brunei through a government joint venture that generates 90 per cent of the country’s oil revenue.
Dow Jones futures: Intel tumbled late on guidance, a bad sign for chips and the stock market rally. Amazon earnings crushed views. Proofpoint fell on its outlook.
and as Bob Swan, Intel’s chief executive, flagged worse-than-expected demand for data centre chips, increasing headwinds in China and a steeper decline in memory chip pricing. Japanese chipmaker Renesas Electronics fell as much as 5.9 per cent in Tokyo before claiming back some of the lost territory to later be down 3.8 per cent on the day.
Intel Corp.’s new chief executive officer Bob Swan pulled the band-aid off on some of chip giant’s issues this quarter, hoping to solve them in one swoop, and get on a better path for the rest of the year.
A steep decline in memory pricing, a slowdown in purchasing by cloud infrastructure customers and dramatic headwinds in China all led to Intel’s slashed guidance for the year, CEO Bob Swan told analysts. On a conference call with analysts, Swan noted that the company came off a record 2018, which means year-over-year comparisons will be tough. Two of those trends are hitting Intel in what has been its growth engine: the data center business.
Sales for the year will be $69 billion, Intel said, below analyst projections of $71.3 billion. Chief Executive Officer Bob Swan, who was permanently promoted from the chief financial officer role in January, is struggling to prolong a run of record earnings and fend off burgeoning semiconductor-industry competition that threatens Intel’s dominance. The key to the company’s financial health has been demand from cloud-computing providers for chips used in servers, Intel’s priciest and most profitable products.
Intel said China's economy was consuming fewer microchips than it had expected, adding to concerns that an industry wide slowdown could persist until the end of 2019. Intel's outlook follows a similar warning earlier this week from chipmaker Texas Instruments Inc (TXN.O), whose broad lineup of products makes it a proxy for the industry chip industry. Intel marginally beat Wall Street targets for revenue and profit in the fiscal first quarter, but sales in the data centre group unit fell 6.3% to $4.9 billion, hit by weakness in China as customers worked through stockpiles of chips purchased last year.
Intel said China's economy was consuming fewer microchips than it had expected, adding to concerns that an industry-wide slowdown could persist until the end of 2019. Intel's outlook follows a similar warning earlier this week from chipmaker Texas Instruments Inc, whose broad lineup of products makes it a proxy for the industry chip industry. Intel marginally beat Wall Street targets for revenue and profit in the fiscal first quarter, but sales in the data center group unit fell 6.3% to $4.9 billion, hit by weakness in China as customers worked through stockpile of chips purchased last year.
Intel (NASDAQ:INTC) unveiled its latest quarterly earnings results after hours today, which included a strong performance on the profit and revenue sides of things, yet INTC stock was sinking late Thursday as the company's full-year revenue guidance left something to be desired.The Santa Clara, Calif.-based tech giant said that for its first three months of its fiscal 2019, it brought in adjusted earnings of 89 cents per share, roughly 2 cents per share above the Wall Street consensus estimate, according to data compiled from a survey of analysts that Refinitiv conducted.Intel's revenue for the period was also strong at $16.06 billion, better than the $16.02 billion that analysts predicted, according to Refinitiv. The company now sees its fiscal 2019 as bringing in sales of $69 billion, below the $71.05 billion that analysts predict, while also signifying a decline from the $70.8 billion in 2018, marking the company's first annual revenue decline since 2015.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe company said that it will no longer continue to explore the possibility of doing business in the 5G smartphone space as it sees "no clear path to profitability." Instead, Intel will continue focusing on its data center business, which did experience a first-quarter revenue decline of 5% year-over-year.The brand's enterprise and government revenue fell 21% year-over-year, while its cloud segment gained 5%.INTC stock was down about 1.9% during regular trading hours as the company prepared itself to report its results for its first three months of 2019. Shares then plummeted about 7.7% after the bell off the heels of an underwhelming 2019 sales outlook. More From InvestorPlace * 10 Stocks to Sell Before They Give Back 2019 Gains * 7 Dividend Stocks That Could Double Over the Next Five Years * 10 High-Yielding Dividend Stocks That Won't Wilt Compare Brokers The post Intel Earnings: INTC Stock Sinks Despite Q1 EPS, Revenue Beat appeared first on InvestorPlace.
Intel Corp. shares dropped in the extended session Thursday after the chip giant’s outlook fell way below Wall Street estimates offsetting an earnings beat.
Intel (INTC) delivered earnings and revenue surprises of 2.30% and 0.30%, respectively, for the quarter ended March 2019. Do the numbers hold clues to what lies ahead for the stock?
Check out the companies making headlines after the bell:Shares of Amazon AMZN initially jumped 2% in extended trading Thursday before giving up those gains following the release of the e-commerce giant's strong first-quarter earnings .
Chipmaker Intel late Thursday edged Wall Street's targets for the first quarter, but its guidance disappointed. The Intel earnings news sent its stock down hard in extended trading.
Shares of the chip giant have rallied in 2019, but a new earnings and sales forecast from Intel suggests the optimism could be overdone.
shares dropped in after-hours trading Thursday after the company reported earnings and revenue that beat Wall Street estimates, but posted weak guidance. Adjusted earnings per share came in at 89 cents, beating estimates of 87 cents. Intel guided for $69 billion of revenue for the year, against analyst's expectations of $71.04 billion.