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. stocks fell on Wednesday, with   the Nasdaq dropping more than 1 percent, as Intel Corp.   INTC.O dragged other technology issues lower and surging U.S.   labor costs renewed inflation concerns.
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U.S. tech stocks fell on Monday after Apple Computer Inc.  shares were downgraded, but weaker-than-expected manufacturing data suggested to investors that the Federal Reserve will not raise interest rates.
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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.
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Tech stocks were mixed for the holiday week, with analyst revisions moving key sector players. Intel (nasdaq: INTC - news - people ) shares fell tumbled Tuesday after Credit Suisse First Boston lowered the
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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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The tech sector continues to sit on unstable ground, with Intel Corp. lowering its forecast due to lagging consumer demand for technology products and fueling investor buzz of weakness in the sector.-washingtonpost.com
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SHARES are set for a bumpy ride after Wall Street lost ground on the weekend, derailed by weak US jobs data and a poor prognosis from Intel which sparked worries for the health of the tech sector.
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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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U.S. tech shares fell on Monday, led by a drop in Apple Computer Inc.  after a brokerage downgrade and as investors bet chip maker Qualcomm Inc.  would lose in legal disputes to rival Broadcom Corp. .
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Stocks turned negative in volatile trading on Wednesday, with the Nasdaq down more than 1 percent, as Intel Corp's  disappointing earnings and profit outlook fueled more recession talk.
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U.S. stocks slipped on Tuesday as  investors showed caution ahead of tech bellwether Intel Corp.'s  INTC.O earnings, while disappointing results from State  Street Corp. STT.N cast a cloud over the banking sector.
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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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U.S. stocks tumbled on Wednesday, led  by a slide in tech shares after a disappointing report from  bellwether Cisco Systems Inc. CSCO.O triggered investor  concerns about industry demand.
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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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US stocks opened slightly lower on Monday as chip maker Intel Corp. (INTC.O: Quote, Profile, Research) fell after a broker downgrade, weakening technology shares, while a drop in crude
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Wall Street stocks retreated again on Wednesday during a volatile session in which Intel (NASDAQ:INTC)'s earnings figures prompted another bout of selling in the technology sector.