By Noel Randewich SAN FRANCISCO (Reuters) – Advanced Micro Devices Inc posted a net loss for the second quarter and gave a revenue forecast for the current quarter that missed expectations, sending its shares sharply lower. A strong quarterly report this week from Intel Corp underscored expectations on Wall Street that the worst is over […]
By Noel Randewich and Alexei Oreskovic SAN FRANCISCO (Reuters) – Theme lunches, giant TVs and viewing parties. Silicon Valley may be far from the World Cup in Brazil but tech employees are getting in on the globe’s most prestigious soccer event. Twitter, LinkedIn and Nvidia are among several tech companies airing matches in their offices […]
By Alexei Oreskovic and Noel Randewich SAN FRANCISCO (Reuters) – Disappointing results from Google Inc and IBM may unnerve investors shaken by a strong recent selloff in tech stocks, underscoring the challenges the Internet and IT sectors face as corporate report cards come due in coming weeks. IBM blamed weak hardware sales for its lowest […]
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