Instant Reaction: Intel Gives Encouraging Forecast After PC Market Rebounds

Instant Reaction: Intel Gives Encouraging Forecast After PC Market Rebounds

Intel gave an upbeat revenue forecast after personal computer demand grew, boosting optimism about a comeback attempt by the embattled chipmaker.

Fourth-quarter sales will be $12.8 billion to $13.8 billion, the company said in a statement Thursday. The midpoint of that range, $13.3 billion, was just below Wall Street’s $13.4 billion average estimate.
But some analysts were still including revenue from a unit that Intel just spun off — money that wasn’t part of the company’s forecast.

The shares gained about 3% in late trading after closing at $38.16.

For instant reaction and analysis, Bloomberg Businessweek hosts Carol Massar and Tim Stenovec speak with Jay Goldberg, Senior Analyst of Semiconductors & Electronics with Seaport Research Partners

See omnystudio.com/listener for privacy information.

Avsnitt(3352)

Years Before U.S. Gets Full Employment Back: HFE's Weinberg

Years Before U.S. Gets Full Employment Back: HFE's Weinberg

Carl Weinberg, Founder and Chief International Economist of High Frequency Economics, on jobless claims and an economy in freefall. Barry Ritholtz, Founder of Ritholtz Wealth Management, Bloomberg Opi...

16 Apr 202024min

FinTech Is Game Changer For Small Business Relief: Former SBA Head

FinTech Is Game Changer For Small Business Relief: Former SBA Head

Karen Mills, Former SBA Administrator and Senior Fellow at Harvard Business School, on the roll-out of the federal small business relief stimulus. David Katz, President and CIO of Matrix Asset Advisor...

15 Apr 202031min

Relief Money Is Flowing Into Small Businesses: ConnectOne CEO

Relief Money Is Flowing Into Small Businesses: ConnectOne CEO

Frank Sorrentino, CEO of ConnectOne Bank (Nasdaq:CNOB), on the rollout of the small business coronavirus relief plan. Chris Whalen, Chairman of Whalen Global Advisors, on bank earnings. John Micklethw...

14 Apr 202026min

Software Will Be Near-Term Tech Outperformer: Wedbush's Ives

Software Will Be Near-Term Tech Outperformer: Wedbush's Ives

Dan Ives, Equity Analyst at Wedbush Securities, discusses what to expect from tech stock earnings amid the global pandemic. RJ Gallo, Senior Portfolio Manager: Fixed Income at Federated Hermes, on the...

13 Apr 202027min

Fed Defies Skeptics With Dynamic Response: BI's Riccadonna

Fed Defies Skeptics With Dynamic Response: BI's Riccadonna

Carl Riccadonna, Chief U.S. Economist for Bloomberg Economics, on Jay Powell and the Fed's aggressive measures. Barry Ritholtz, Founder of Ritholtz Wealth Management, Bloomberg Opinion columnist, and ...

9 Apr 202025min

Fed Cannot Cross Red, Dark Line To Support Junk Debt: Booth

Fed Cannot Cross Red, Dark Line To Support Junk Debt: Booth

Danielle DiMartino Booth, CEO and Chief Strategist for Quill Intelligence LLC, Bloomberg Opinion columnist, and former advisor to the Dallas Fed, on the Fed, economy and monetary and fiscal policy. Ph...

8 Apr 202026min

Square Working With Government to Speed Up Small Business Payments

Square Working With Government to Speed Up Small Business Payments

Jim McKelvey, co-Founder of Square and author of THE INNOVATION STACK, discusses the impact of coronavirus on small businesses, and the role of tech companies right now. Maura Murphy, Vice President a...

7 Apr 202027min

Retailers Face Long, Tough Road As Unsold Inventory Builds

Retailers Face Long, Tough Road As Unsold Inventory Builds

James Fallon, Editorial Director of Women's Wear Daily, discusses how the pandemic will forever shape the retail landscape as we know it. Marko Papic, Chief Strategist for Clocktower Group, discusses ...

6 Apr 202030min

Populärt inom Business & ekonomi

badfluence
framgangspodden
varvet
rss-jossan-nina
rss-borsens-finest
rss-svart-marknad
uppgang-och-fall
avanzapodden
svd-tech-brief
fill-or-kill
rss-den-nya-ekonomin
rss-dagen-med-di
lastbilspodden
borsmorgon
ekonomiekot-extra
dynastin
rss-kort-lang-analyspodden-fran-di
rss-inga-dumma-fragor-om-pengar
bathina-en-podcast
market-makers