Thursday, April 22, 2021

Intel PC chip sales rise, but profit forecast falls short on manufacturing costs

Intel said its PC chip business had sales of $10.6 billion in the first quarter, ahead of analyst expectations of $10.17 billion, according to data from FactSet. https://ift.tt/3sPNuVq

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IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 results below estimates (CNBC)

CNBC : IBM stock fell 25%+ on Tuesday, sinking further than its previous worst day of October 19, 1987, after reporting preliminary Q2 re...