Tech Trader Daily Headline News Reader

Shares of sensor maker InvenSense (INVN) today declined 15 cents, or 0.8%, to close at $14.56, despite a bullish note from Maxim Group‘s Ashok Kumar , who reiterated a Buy rating on the stock, and raised his price target to $17 from $15, writing that the…

Shares of Nokia (NOK) are up 10 cents, or 2.6%, at $3.95, after The Wall Street Journal‘s Sharon Terlep, Dennis Berman, and Shira Ovide this afternoon reported the company held talks with Microsoft (MSFT) in London this month about its devices…

Shares of Red Hat (RHT) are up 8 cents at $46.30, after the software maker this afternoon reported fiscal Q1 revenue and profit per share that topped analysts’ estimates. Revenue in the three months ended in May rose 15.4%, year over year, to $363.3…

Shares of contract electronics manufacturer Jabil Circuit (JBL) are down 32 cents, or 1.6%, at $19.50, after the company this afternoon reported fiscal Q3 revenue and profit per share that topped analysts’ estimates, but offered a lower-than-expected…

Shares of memory chip maker Micron Technology (MU) are down 19 cents, or 1.4%, at $13.78 up 7 cents at $14.04, after the company this afternoon reported fiscal Q3 revenue and profit per share that topped analysts’ estimates. Revenue in the three months…

Shares of fiber optic component supplier Finisar (FNSR) are up $1.33, or over 9%, at $15.85, after the company this afternoon reported fiscal Q4 revenue and profit per share that topped analysts’ estimates, and forecast this quarter’s results higher as…

Following Nvidia‘s (NVDA)  announcement last night it plans to license the “Kepler” graphics processing unit, or GPU, core that powers its video cards to other chip makers for a fee, as use of high-quality graphics spreads to numerous types of…

The Street today continues to respond to chip maker Advanced Micro Devices‘s (AMD) unveiling yesterday of its roadmap this year and next for its server microprocessors, with an emphasis on low-power chips for so-called micro-servers that perform Web-based…

As I mentioned earlier, the Street today is responding to chip maker Nvidia‘s (NVDA)  announcement last night it plans to license the “Kepler” graphics processing unit, or GPU, core that powers its video cards to other chip makers for a fee, as use…

Shares of BlackBerry (BBRY) are down 70 cents, or 4.7%, at $14.14, after a couple of bears on the stock weighed in today, claiming weakening sales of recently introduced BlackBerry handsets based on the BB10 operating system, in contrast to a few positive…

Shares of Sprint-Nextel (S) are down 18 cents, or 2.5%, at $7.14, after Dish Network (DISH) last night said it would end its $25.5 billion campaign to merge with the carrier as the deadline arrived for what Sprint requested would be a “best and final…

Shares of Google (GOOG) are up $3.78, or half a percent, at $904.40, after CLSA Asia-Pacific Markets‘s James Lee reiterated a Buy rating on the shares and raised his price target to $1,100 from $1,000, writing that a recent conference call with search…

Research firm IHS iSuppli this morning informs us that the DRAM memory chip market is finding propsperity by conducting the second year in a row of deliberate reduction in output, helping to firm up prices, and also helping to offset the slump in personal…

Shares of Nvidia (NVDA) are up 46 cents, or 3%, at $14.86, after the company last night said it plans to license the “Kepler” graphics processing unit, or GPU, core that powers its video cards to other chip makers for a fee, as use of high-quality…

Here are some things going on this morning in your world of tech: Shares of Adobe Systems (ADBE) are up $2.71, or almost 6%, at $46.07, after the company last night narrowly exceeded fiscal Q2 expectations, and forecast this quarter’s revenue and profit…

Shares of satellite television operator Dish Network (DISH) are up 5 cents at $39.14 after the company this evening said it would drop its bid to merge with Sprint-Nextel (S) after the latter had made the process impracticable, it said. “While DISH continues…

In a corporate blog post, graphics and mobile chip designers Nvidia (NVDA) this evening announced the company will be licensing the “Kepler” graphics processing unit, or GPU, “core” behind its various products for speeding up computer graphics,…

Dell‘s (DELL) board of directors this afternoon replied to Carl Icahn‘s proposal, announced today, to pay $14 per share if shareholders will tender upward of 1.1 billion of the company’s 1.67 billion shares outstanding, calling the proposal not something…

Shares of Adobe Systems (ADBE) are up $2.18, almost 5%, at $45.54, in late trading, after the company reported fiscal Q2 revenue and profit per share that slightly exceeded estimates. Revenue in the three months ended in May fell roughly 10%, year over year,…

Shares of Advanced Micro Devices (AMD) are up 4 cents, or 1%, at $$4.09, after the company this morning formally unveiled its processor roadmap for servers, discussing three parts coming in 2014 for mainstream servers and also the emerging category of…