Waiting For Intel - InformationWeek
IoT
IoT
Business & Finance
News
7/13/2004
04:51 PM
50%
50%
RELATED EVENTS
Building Security for the IoT
Nov 09, 2017
In this webcast, experts discuss the most effective approaches to securing Internet-enabled system ...Read More>>

Waiting For Intel

There was little movement in the markets as investors sat on the sidelines waiting for Intel's 2Q financials after the bell.

Stocks ended mixed on Tuesday on low trading volume as investors remained on the sidelines awaiting Intel's scheduled after-hours earnings conference call.

Technology stocks were down for the day. Our InformationWeek 100 fell 2.99 points, or 1.01%, to close at 293.13. The Nasdaq also ended lower, falling 5.26, or 0.3%, to 1,931.66.

The Dow industrials rose 9.37, or 0.1%, to 10,247.59, while the S&P 500 also rose slightly, gaining 0.79, or 0.1%, to 1,115.14. The Nasdaq 100 tracking stock slipped 0.003 cents, or 0.01%, to close at $35.597 on lower-than-average volume of nearly 75 million shares.

After the bell, Intel reported that its second-quarter earnings jumped 96% on stronger-than-expected demand for the flash memory chips used in cellular phones. For the three months ended June 26, Intel earned $1.8 billion, or 27 cents per share, compared with $896 million, or 14 cents per share, in the same period last year. Sales increased 18% to $8.05 billion.

See the full listing of all the companies in the InformationWeek 100 and the top 5 percentage winners and losers for the last closing at informationweek.com/stocks.

Comment  | 
Print  | 
More Insights
Comments
Newest First  |  Oldest First  |  Threaded View
How Enterprises Are Attacking the IT Security Enterprise
How Enterprises Are Attacking the IT Security Enterprise
To learn more about what organizations are doing to tackle attacks and threats we surveyed a group of 300 IT and infosec professionals to find out what their biggest IT security challenges are and what they're doing to defend against today's threats. Download the report to see what they're saying.
Register for InformationWeek Newsletters
White Papers
Current Issue
2017 State of IT Report
In today's technology-driven world, "innovation" has become a basic expectation. IT leaders are tasked with making technical magic, improving customer experience, and boosting the bottom line -- yet often without any increase to the IT budget. How are organizations striking the balance between new initiatives and cost control? Download our report to learn about the biggest challenges and how savvy IT executives are overcoming them.
Video
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Flash Poll