KQEH Nightly Business Report June 22, 2024
Investors. The dow component was able to offset the slump in demand for personal computers and top wall street estimates for both profits and revenue. The Company Earned 55 cents a share, beating estimates by a nickel. It was down more than 4 from a year ago. Shares of the dow component spiked on that report. The one key take away for investors now. One major takeaway from the intel call, the pc market not doing as well as intel had hoped. The Company Ended up taking down its full year guidance. It is expected to be down 1 compared to a year ago. It had been forecasting roughly flat but it too...