Tech Stocks Tumble as Intel Disappoints
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US technology shares tumbled on Friday after Intel Corp. , the world&#39;s No. 1 chip maker, slashed its revenue forecast, but blue chips were only moderately lower as drug and industrial stocks gained.
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U.S. technology stocks ended lower on Thursday as concerns about business spending dragged down shares of bellwethers such as Intel Corp , while caution before Friday's payrolls data limited a broader market advance.
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U.S. tech stocks opened lower on  Wednesday, as results from technology bellwether Cisco Systems  Inc. CSCO.O disappointed Wall Street, while investors await  an expected hike in interest rates from the Fed later in the  day.
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The Nasdaq composite index fell more than 2 percent on Friday, hit by concerns about weak job growth and a brokerage downgrade of chip maker Intel Corp .
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NEW YORK - Technology stocks led Wall Street lower Friday after an uninspiring employment report failed to mitigate investors' concerns over Intel Corp.'s profit outlook. The major indexes finished the week mixed...
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Stocks fell on Tuesday, after microchip maker National Semiconductor Corp.  cut its quarterly revenue forecast, prompting a sell-off in the technology sector.
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US stocks fell on Thursday, hit by a sharp drop in technology shares following a slew of sales warnings from semiconductor makers, and as oil prices rose nearly $1 a barrel.
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U.S. stocks fell on Wednesday, with   the Nasdaq dropping over 1 percent, as a decline in Intel Corp.   INTC.O shares dragged other technology issues down and data   on rising U.S. labor costs renewed inflation concerns.
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Technology stocks led Asian shares  lower on Tuesday as investors reacted to evidence that Japan's  recovery was slowing and analysts cited risks in the outlook  for tech bellwether Intel Corp.
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A sell-off in tech stocks following Intel Corp.'s disappointing outlook pushed Asian shares lower on Friday, overpowering pockets of strength in some financial, consumer and industrial issues.
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NEW YORK  -Stocks fell on Wednesday, after Intel Corp  posted both a disappointing profit and outlook, driving the S&P 500 to its lowest closing level in 14 months.
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Shares of Intel Corp. fell in after-hours trading after the world's largest chip maker announced sweeping job cuts that some investors believed were not severe enough.
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STOCKS in the United States fell - led by technology shares - after the world&#39;s biggest semiconductor maker Intel cut its revenue forecast because of slowing demand for personal computers and mobile phones.
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NEW YORK - Investors wary of an uninspiring employment report and Intel Corp.'s weak profit outlook sent stocks lower Friday. The major indexes were poised to end the week mixed, with tech stocks taking the brunt of investor discontent...
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Chip maker Intel (INTC ) caught Wall Street by surprise on Dec. 2 when it significantly raised fourth-quarter revenue estimates. But the news wasn&#39;t all rosy, as Intel failed to raise estimates dramatically for its closely watched gross-margin figure.
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Wall Street readied for a second straight day of losses after technology leader Intel announced disappointing earnings and a dim outlook.
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Stocks declined on Tuesday, weighed down by losses in the technology sector after microchip maker National Semiconductor Corp.  cut its quarterly revenue forecast.