Tech stocks: Intel, Yahoo to report earnings
Two big tech companies report earnings after the close of the markets. Let's take a look at the tech stocks to watch Tuesday.
Intel's first-quarter report. The chip maker's stock is up slightly as it gets ready to reveal first-quarter earnings later today.
Last week, Intel and several other PC companies saw their shares sink following a troubling report on the health of the PC market. Research firm IDC reported PC shipments plunged nearly 14%, the largest decline ever.
Yahoo earnings. Following several notable acquisitions, the Sunnyvale, Calif., based company reports first-quarter earnings after the bell. Shares are up a half-percent, above $24.
Last month, the company announced it was scooping up the social recommendation site Jybe and mobile news reader Summly, run by 17-year-old Nick D'Aloisio.
Yahoo stock has been on a steady climb upward, adding $10 in value since last August.