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Posted on July 15, 2009 | tags

 
 

Biz, Tech: The stock market is totally in love with Intel right now

  • cause Late Tuesday, Intel announced that they had estimated current quarter sales of $8.5 billion, which totally blew analysts’ numbers out of the water. Even better, their previous-quarter sales managed to top analysts’ numbers, too. Good to see someone’s doing really well.
  • effect Today, the stock market reacted very positively, with investors giving high-fives all around, we’re sure, over the news. The Dow had its best day in three months, and NASDAQ its best in nine. Yum Brands struggled, though, prolly ’cause of KFC’s recent idiocy.
 
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