|Day's Range||6.20 - 6.20|
Years after resisting pressure to move to China, Lee Hung Lung says his bet has paid off. Sales at his Malaysia-based Hotayi Electronic are surging, it's hiring more workers, considering an expansion, and picking and choosing orders. Lee is the founder and CEO of Hotayi, whose two factories manufacture and assemble circuit boards and other electronics products.
Though CPU shortages are still an issue for the PC industry, an uptick in business PC demand is helping out a number of firms.
Recent reports hint that Apple could release its iPhone 5G modem by 2022. Today, Apple stock hit a high of $233.81, with a market cap of $1.054 trillion.
Today, Lisa Su completed five years as the CEO of AMD. In these five years, she's brought it back from near bankruptcy and made it into a worthy competitor.
All three major U.S. indexes jumped Thursday on the back of some positive U.S.-China trade war news. Even if a deal isn't reached anytime soon the semiconductor industry seems sure to be a solid long-term play...
On Monday, AMD launched its lower-end, Navi-based, 7nm RX 5500 GPU. Intel (INTC) has given hints about its highly anticipated Xe GPU with ray tracing.
Industry and academic leaders from US, Australia, Canada, UK to share research, discuss workforce development and build toward a global quantum alliance CHICAGO , Oct. 10, 2019 /PRNewswire/ -- Top experts ...
Global PC shipments grow for a second quarter in a row, even as the industry struggled with supply issues, according to trade research data Thursday.
(Bloomberg) -- Worldwide shipments of personal computers increased 1.1% in the third quarter from a year earlier, fueled by companies upgrading to Microsoft Corp.’s latest Windows software.PC shipments climbed to 68 million units in the period that ended Sept. 30, researcher Gartner Inc. said Thursday in a report. Lenovo Group Ltd., the China-based owner of the ThinkPad lineup of professional devices, held almost 25% of the global market, widening its lead against U.S. rival HP Inc.Computer makers have been concerned by the U.S.-China trade war and Intel Corp.’s chip shortage, but Mikako Kitagawa, a Gartner analyst, said neither played a major role in the third-quarter shipments. “The Windows 10 refresh cycle continued to be the primary driver for growth across all regions,” she said in a statement.HP, the global No. 2, continues to be the largest PC vendor in the U.S. The company has sought customers seeking more expensive machines, such as gaming enthusiasts, to boost profit margins. Dell Technologies Inc., which focuses on selling corporate PCs, rounded out the global top three while Apple Inc. held the fourth spot with 7.5% of the worldwide market.To contact the reporter on this story: Nico Grant in San Francisco at firstname.lastname@example.orgTo contact the editors responsible for this story: Jillian Ward at email@example.com, Andrew Pollack, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Another day, another hopeful tweet on trade from President Trump that is helping boost the stock market. This time, it is word that China's vice premier would be visiting the White House to help ink a deal. Previous reporting suggested that discussions had broken down over intellectual property rights.And in another indication that this is all becoming habitual now, in reaction to the optimistic news, investors are pouring into big-cap tech stocks to ride the wave of sentiment higher. * 10 Lithium Stocks to Buy Despite the Market's Irrationality With that in mind, here are five big-cap tech stocks that are rallying nicely and worth a look today:InvestorPlace - Stock Market News, Stock Advice & Trading Tips Tech Stocks to Buy: Netflix (NFLX)Netflix (NASDAQ:NFLX) shares are trying to come back from the dead, bouncing off of multi-week support near the $260-a-share level in what is likely to be a challenge of the 50-day moving average. NFLX stock has lost nearly a third from the double-top highs it set earlier this year as the streaming wars intensify with Disney (NYSE:DIS) and Apple (NASDAQ:AAPL) getting in on the action. But a relief rally is in order now.The company will next report results on Oct. 16 after the close. Analysts are looking for earnings of $1.05 per share on revenues of $5.3 billion. Intel (INTC)Shares of processor maker Intel (NASDAQ:INTC) are bouncing nicely off of their 50-day and 200-day moving averages, setting up a run at double-top resistance near the $53-a-share level. A breakout here would put INTC stock's late April highs in play, which would be worth a gain of roughly 15% from here. * 10 Winning Stocks to Buy and Stick With for the Long Haul The company will next report results on Oct. 24 after the close. Analysts are looking for earnings of $1.24 per share on revenues of $18 billion. Nvidia (NVDA)Nvidia (NASDAQ:NVDA) shares are rising nicely along its 50-day moving average, setting up a challenge of the April highs just under the $200-a-share level. NVDA stock has been on the comeback trail after the hype surrounding bitcoin and bitcoin mining -- which uses graphics processing units of the type NVDA specializes in -- died down in 2018. But with gaming and datacenter demand bouncing back according to Piper Jaffray analysts, shares should continue to push higher.The company will next report results on Nov. 14 after the close. Analysts are looking for earnings of $1.24 per share on revenues of $2.9 billion. Facebook (FB)Speaking of cryptocurrencies, Facebook (NASDAQ:FB) is trying to get in on that action with its Libra currency -- the future of which will depend on the success of CEO Mark Zuckerberg's testimony to Congress on the issue. As such, FB stock owners should mark their calendars for Oct. 23. * 10 Winning Stocks to Buy and Stick With for the Long Haul The company will next report results on Oct. 30 after the close. Analysts are looking for earnings of $1.91 per share on revenues of $17.3 billion. Microsoft (MSFT)Microsoft (NASDAQ:MSFT) has been the closest thing to a sure thing in this market, relentlessly grinding higher thanks to its success in pivoting to a software-as-a-service business, its push into the cloud and the ongoing traction of its hardware and gaming divisions. The company even recently announced a return to the cell phone business with its folding phone and tablet devices, all of which have firmly placed MSFT stock back in the spotlight among other tech stocks to buy.The company will next report results on Oct. 23 after the close. Analysts are looking for earnings of $1.25 per share on revenues of $32.2 billion.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Super Boring Stocks to Buy With Super Safe Returns * 10 Winning Stocks to Buy and Stick With for the Long Haul * Don't Give Up on These 4 Cannabis Stocks The post 5 Big Tech Stocks to Buy Now appeared first on InvestorPlace.
U.S.-China trade war updates, including President Trump's tweet that helped U.S. stocks climb Thursday. A look at the ongoing fight between the NBA and China, some Q3 earnings results next week, and why marijuana stock Cronos looks like a buy - Free Lunch
The Dow Jones Industrial Average is trading up Wednesday afternoon with shares of Microsoft and Intel leading the way for the price-weighted average. Shares of Microsoft (MSFT) and Intel (INTC) have contributed to the index's intraday rally, as the Dow (DJIA) is trading 251 points higher (1.0%). Microsoft's shares are up $2.81, or 2.1%, while those of Intel have gained $1.00 (2.0%), combining for an approximately 26-point bump for the Dow.
Chances are you are spending more on its upkeep than buying a new modern device, reveals a new study from Techaisle, a leading global SMB IT market research and analyst organization, commissioned by Intel and Microsoft. The study, which included in-depth interviews and analysis among 175 SMB organizations in Canada *, found the average cost of keeping a PC more than four years old is CA$1,710 per device per year - enough to replace the aging hardware with at least one new device. PCs older than four years old are also 4.6 times more likely to undergo repairs, resulting in an average 196 hours of lost productivity per device.