The fear of a slowdown in tech spending has done a great deal of damage to big tech stocks. Over the last three months Amazon (AMZN) is down 3%, Intel (INTC) is…
Another round of rumors has hit the media about Nvidia (NASDAQ: NVDA) buying AMD (NYSE: AMD). Barron’s quotes American Technology Research as saying a deal is possible. The reasoning seems simple enough.…
Rising short interest in tech stocks traded on Nasdaq shows the extent to which investors are willing to bet against the sector. The figures compare shares sold short as of January 31…
According to Reuters, gaps in controls at Societe Generale allowed a junior trader to make at $73 billion losing bet on European shares prices. Reuters writes that Countrywide’s (CFC) CEO will give…
These are not the only impact analyst calls this morning, but these are the top calls that 247WallSt.com is focusing on: ABB Ltd. (NYSE: ABB) downgraded to SELL from Hold at Citigroup.…
Advanced Micro Devices (NYSE:AMD) shares are not trading well despite its analyst meeting today. The number two processor maker said they expect to be break-even in Q2 2008 and will show operating…
The short interest in many Nasdaq-traded tech and communications stock rose sharply according to figures from November 30. They compare to number from November 15, 2007. Shares sold short in Level 3…
AMD (AMD) is making another 52-week low today, trading down to $9.44. Concerns that Dell (DELL) may not be committed to using as many of the company’s chips as they did in…
Mubadala Development Co, the investment arm of the Abu Dhabi government, put $622 million into AMD (AMD) last week to buy 8.1% of the company at $12.70 a share. The market did…
Allscripts (MDRX) traded down 25% after missing earnings estimates and after lower guidance for 2007 and 2008. American Tower (AMT) replacing Alltel (AT) in S&P. ARM Holdings plc (ARMHY) trading down about…
According to Reuters, Qualcomm (QCOM) posted weaker that expected guidance and its shares fell sharply. Reuters writes that BHP Billiton’s (BHP) bid for Rio Tinto (RTP) is likely to start a bidding…
Expectations were for Nvidia (NVDA) to have EPS of $.37 for the last quarter, and revenue growth of 23% to $1 billion. After a tough day for tech, the chips company’s numbers…
Douglas A. McIntyre Below are the short positions for major companies traded on the Nasdaq as of October 15. The figures compare to numbers on September 28, 2007 Traders bet big on Sun’s turnaround, dropping…
AMD started as Underweight at Morgan Stanley.APH started as Buy at B of A.ARW started as Neutral at B of A.AVGN started as Neutral at Credit Suisse.AVT started as Neutral at B…
Big tech continued to do extraordinarily well in the third quarters. Stocks that would seem to have outrun their earnings continued to climb. Among the members of the S&P 500, Apple (AAPL)…
