Semiconductor giant Intel, the 2nd heaviest weight in the SMH reported better than expected first quarter earnings but guided lower and pulling full year after the close Thursday. $INTC shares fell over 6%.
Intel Stock Soars Past Dot Com Bubble Highs After Earnings
Semiconductor giant Intel reported better than expected fourth quarter earnings after the close Thursday. $INTC shares rose over 8% to its highest since the dot-com bubble in 2000.
Red Hat Linux Software Earnings Miss Head of IBM Aquisition
Open source Linux software provider Red Hat, who will be acquired by IBM reported earnings after the close Monday, missing on earnings and on revenue. $RHT new products OpenShift and OpenStack have been ramping up revenue from hybrid cloud computing.
Intel Stock Slides on Revenue Miss and China and NAND Pricing Outlook
Semiconductor giant Intel reported better than expected Q4 EPS but missed on revenues after the close Thursday. $INTC cautioned that the trade and macro concerns are intensifying, especially in China and of deterioration in the NAND pricing.
IBM Raises Earnings Guidance on Strategic Imperatives and Cloud Segments
Technology giant IBM reported better than expected Q4 earnings after the close Tuesday. $IBM raised future guidance and also reported full-year revenue of $79.6 billion, up 1% and the first year-over-year growth in 7 years.
Red Hat Open Source Software Earnings Beat But Revenue Miss
Open source Linux software provider Red Hat who recently agreed to be acquired by IBM reported earnings after the close Monday, beating on earnings but missing on revenue. $RHT new products OpenShift and OpenStack have been ramping up revenue from hybrid cloud computing.
Red Hat Earnings Surge on Linux Open Source Cloud Software
Open source Linux software provider Red Hat reported better than expected Q4 earnings after the close Monday. $RHT new products OpenShift and OpenStack have been ramping up revenue from hybrid cloud computing.