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(3390)

P&L: Trump Has an Uphill Climb to 270 Electoral Votes

P&L: Trump Has an Uphill Climb to 270 Electoral Votes

Pimm and Lisa talk to Bloomberg News' Mark Niquette about a new Bloomberg poll that shows independents favor Clinton by a small margin. Jim Bianco, president and founder of Bianco Research, discusses ...

2 Nov 201623min

P&L: Josh Green Goes Inside The Trump Bunker

P&L: Josh Green Goes Inside The Trump Bunker

Joshua Green, a Bloomberg national correspondent, says Trump's campaign could use their massive list of supporters to build an audience for a possible media venture. Then, Pimm and Lisa discuss the co...

1 Nov 201624min

P&L: Deals Mania With GE-Baker Hughes And CenturyLink-Level 3

P&L: Deals Mania With GE-Baker Hughes And CenturyLink-Level 3

It was a big weekend for big deals. Pimm and Lisa talk to Rick Clough, a Bloomberg industrials reporter, about GE merging its oil division with Baker Hughes. Then, they discuss CenturyLink's $34 billi...

31 Okt 201628min

P&L: Be Skeptical of Eco Sentiment Data Before U.S. Election

P&L: Be Skeptical of Eco Sentiment Data Before U.S. Election

Yelena Shulyatyeva, a senior U.S. economist at Bloomberg Intelligence, discusses the U.S. GDP report and why sentiment data can be distorting. Vincent Piazza, a senior U.S. oil and gas analyst at Bloo...

28 Okt 201626min

P&L: We're In a Healthy But Maturing Part of Cycle, Shanks Says

P&L: We're In a Healthy But Maturing Part of Cycle, Shanks Says

Bob Shanks, CFO of Ford Motor Co., on Ford's 3Q earnings. Barrington Pitt Miller, an equity analyst and Euro market expert at Janus Capital, and Laura Keller, a Bloomberg finance reporter, on Deutsche...

27 Okt 201623min

P&L: We'll See A Massive Disruption in Society, Scaramucci Says

P&L: We'll See A Massive Disruption in Society, Scaramucci Says

Anthony Scaramucci, founder of SkyBridge Capital and economic adviser to Donald Trump, on the economic discontent in the U.S., and his new book, "Hopping Over the Rabbit Hole." Feike Sijbesma, CEO of ...

26 Okt 201627min

P&L: Venezuela Is Going to Collapse, New America's CEO Says

P&L: Venezuela Is Going to Collapse, New America's CEO Says

Anne-Marie Slaughter, president and CEO of New America and the former director of policy planning for the U.S. State Department, lists her three top global hot spots. Valerie Jarrett, senior adviser t...

25 Okt 201629min

P&L: Bloomberg's Sherman and Smith on AT&T-Time Warner Deal

P&L: Bloomberg's Sherman and Smith on AT&T-Time Warner Deal

John Vail, chief global strategist for Nikko Asset Management, discusses global equities and the Bank of Japan. Alex Sherman, Bloomberg M&A reporter, and Gerry Smith, Bloomberg media reporter, outline...

24 Okt 201622min

Populärt inom Business & ekonomi

framgangspodden
varvet
rss-svart-marknad
rss-jossan-nina
rss-borsens-finest
badfluence
svd-tech-brief
uppgang-och-fall
bathina-en-podcast
rss-inga-dumma-fragor-om-pengar
rss-dagen-med-di
lastbilspodden
tabberaset
avanzapodden
fill-or-kill
rss-kort-lang-analyspodden-fran-di
24fragor
kapitalet-en-podd-om-ekonomi
bilar-med-sladd
dynastin