Thomson Reuters estimates for CDMA giant Qualcomm (QCOM) were for $0.60 EPS and $2.86 billion in revenue. Reported revenue was $3.33 billion, up 45 percent year-over-year. Reported net income was $878 million,…
Douglas A. McIntyre For the period ending October 15, short sellers got out of most banks and brokerage stocks. That is a shame for them. They could have made a killing this week. The short…
Broadcom Corp. (NASDAQ: BRCM) has managed to do something that other chip outfits have not been able to manage this quarter by actually beating estimates. Non-GAAP EPS was $0.54 and revenues were…
Mobile chip giant Texas Instruments (NYSE: TXN) has posted earnings of $0.43 per share and $3.39 billion in revenue. First Call had estimates of $0.44 on $3.40 billion in revenue. Back on…
Nokia (NOK) is a great company for two reasons. It has been run so well that it has nearly 40% of the global cellphone business even though it is headquartered in an…
American Technology Research has issued a research report going into earnings season called "Our Best Dozen Fundamental Picks." AmTech believes investors already expect a disaster but that the current business climate isn’t…
According to Reuters, the US Treasury may buy interests in large banks following the model set up by the UK. Reuters reports that IBM’s (IBM) earnings strength helped calm tech investors. Reuters…
There was a very mixed bag in short selling in the semiconductor sector. What was interesting was the huge increase in the bets against NVIDIA because it was so far after the…
RF Micro Devices, Inc. (NASDAQ: RFMD) is trying to dispute industry woes being seen at other mobile and communication chipset companies. This may sound important as its customers or its customers’ peers…
According to Reuters, Lehman (LEH) may fire 1,200 workers. Reuters reports that Dell (DELL) said its Asia business was fine but offered a cautious forecast. Reuters reports that Starbucks (SBUX) will offer…
If you think the long-gone uptick rule or naked shorting was important for financial stocks, you might wonder what was going on in technology stocks with short sellers. In the major NASDAQ…
Shorts sellers suffered from a lack of conviction on the direction of financial stocks in the period that ended July 31. They were clear that betting against tech was no longer a…
According to Reuters, Microsoft (MSFT) backed its internet spending plan and said it was done with negotiations with Yahoo! (YHOO). Reuters reports that the CFO of Wachovia (WB) is leaving.
Wall St. cannot underestimate the extent to which the intellectual property battle between Nokia (NOK) and Qualcomm (QCOM) has created a log-jam that has held back advances in the world of the…
According to Reuters, Amazon (AMZN) earnings beat Wall St. forecasts. Reuters reports that Ford (F) wil keep its small pick-up plant open for two years.