Intel's better than expected earnings gave chip stocks strong gains on Wednesday, but blue chips fell sharply on earnings concerns.
The Nasdaq added 3 to 1394, the S&P 500 lost 10 to 879, and the Dow plunged 144 to 8257. Volume rose to 1.56 billion shares on the NYSE, and 1.52 billion on the Nasdaq. Decliners led 17-14 on the NYSE, and 16-13 on the Nasdaq. Downside volume was 67% on the NYSE, and 40% on the Nasdaq. New highs-new lows were 127-26 on the NYSE, and 107-30 on the Nasdaq. Solar Stocks are hot | FixingThePlanet.com::
Solar stocks rise as gas prices rise, they are built with sand in the fiorm of silicon. Thers not much up on stocks with the problems but long term Id rather be
http://www.fixingtheplanet.com/solar-stocks-are-hotHOME |
After the close, Sun missed revenue estimates, as did Mercury Interactive. AMD, Apple, Broadcom, UTStarcom, Lam Research and SanDisk topped estimates.
During the day, Microsoft gained 1.2% after beating earnings and revenue estimates, but giving mixed guidance. The stock finished well off its highs for the day. The Solar Silicon Shortage and Its Impact on Solar Power Stocks::
In general, the computer chip industry can pay more for silicon than high cost thin film tech, may not make much sense in a post-silicon shortage market.
http://www.solarhome.org/newsthesolarsiliconshortage.htmlHOME |
Intel fared better, surging 6% after beating estimates, and Texas Instruments soared 10% on its results.
EMC also joined in the party, climbing 8% after beating estimates.
DoubleClick climbed 1.8% after beating estimates, and Digital River rose fractionally on its report. Chip Kidd | The A.V. Club::
So, yeah, not consciously, but subconsciously, Ive got an eye for how covers Youd think, Well, of course, how else would it be done? But before, it
http://www.avclub.com/content/node/23034HOME |
Stocks knocked lower - Oct. 7, 2002::
For much of the days early trading, the Dow managed to perform better than other indexes. But the blue-chip average slipped into negative territory around midday and
http://money.cnn.com/2002/10/07/markets/markets_newyork/index.htmHOME |
Seagate, E*Trade and CDW gained on their reports, while Motorola and Photon fell on theirs.
Yahoo slipped 0.5% on the departure of former CEO Tim Koogle from the company's board of directors.
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Chip Stocks Rise, But Not Much Else