Not even the news that Goldman Sachs - one of the biggest and most successful investment banks in the world - is being accused by the SEC of misleading investors over the sale of a CDO around the time the credit-crunch kicked in, was enough to halt the tech-sector momentum.
The big winners last week were CPU-makers Intel and AMD, both of which posted quarterly earnings that exceeded expectations. AMD's percentage year-on-year growth wasn't as great as Intel's, and it's shares fell after a downbeat forecast in its announcement, but it still held on to most of the gains that came from Intel's announcement and the general good health of the PC sector.
Dell's shares also had a good week. They experienced a jump at around the time it announced a new partnership with Telefonica.
A combination of the Goldman news and not quite matching the optimism already built into its share price saw Google lose over 7.5 percent of its value on Friday, while ARM struggled to recover its share price following a downgrade from Citigroup.
Company | Listing | Share price 29/3/10 | Share price 5/4/10 | Share price 12/4/10 | Share price 19/4/10 | 7-day change | Market cap (bn) |
---|---|---|---|---|---|---|---|
AMD | AMD | 9.02 | 9.47 | 9.30 | 9.81 | 5.5% | 6.60 |
Apple | AAPL | 230.90 | 237.66 | 241.79 | 247.40 | 2.3% | 224.34 |
ARM | ARMH | 10.57 | 11.15 | 11.27 | 11.05 | -2.0% | 4.83 |
Avnet | AVT | 28.37 | 31.61 | 31.07 | 31.85 | 2.5% | 4.83 |
Cisco | CSCO | 26.47 | 26.09 | 26.60 | 26.98 | 1.4% | 154.48 |
Dell | DELL | 14.99 | 15.25 | 15.83 | 16.76 | 5.9% | 32.81 |
GOOG | 562.69 | 571.60 | 566.22 | 550.31 | -2.8% | 174.99 | |
HP | HPQ | 53.42 | 53.73 | 53.87 | 53.75 | -0.2% | 126.05 |
IBM | IBM | 129.26 | 129.49 | 128.76 | 130.63 | 1.5% | 169.69 |
Ingram Micro | IM | 17.66 | 18.11 | 18.00 | 18.36 | 2.0% | 3.02 |
Intel | INTC | 22.24 | 22.58 | 22.55 | 23.92 | 6.1% | 132.43 |
Microsoft | MSFT | 29.66 | 29.18 | 30.34 | 30.67 | 1.1% | 268.99 |
Nokia | NOK | 15.46 | 15.59 | 15.01 | 14.94 | -0.5% | 55.95 |
Nvidia | NVDA | 17.34 | 17.47 | 16.99 | 17.06 | 0.4% | 9.66 |
Oracle | ORCL | 25.69 | 25.56 | 26.13 | 25.95 | -0.7% | 130.25 |
Qualcomm | QCOM | 41.83 | 42.48 | 42.17 | 42.74 | 1.4% | 71.83 |
Tech Data | TECD | 41.93 | 42.90 | 42.94 | 43.75 | 1.9% | 2.25 |
Dow | .DJI | 10850.36 | 10960.32 | 10997.35 | 11018.66 | 0.2% | N/A |
FTSE 100 | .FTSE | 5732.62 | 5744.89 | 5770.98 | 5743.96 | -0.5% | N/A |
NASDAQ | .IXIC | 2395.13 | 2424.67 | 2454.05 | 2481.26 | 1.1% | N/A |