12:00 PM New York – Intel lifted revenues forecast in the third-quarter of about $15.6 billion. Oracle first-quarter net jumped 5% to $1.8 billion and revenues increased 2% to $8.60 billion.
Tollbooth Index slumped 64.28 or 0.6% to 10,917.64.
), the computer processor maker lifted revenues forecast for the third-quarter to about $15.6 billion, plus or minus $300 million, compared to the previous range of $14.9 billion, plus or minus $500 million.
Intel estimated gross margin range at 62 percent, plus or minus a couple of points, and spending is expected to be approximately $5.2 billion, $100 million higher than the prior expectation.
The chip maker is scheduled to release its third-quarter result on October 18.
), the enterprise information technology provider reported total revenues in the first-quarter ending in August increased 2% from a year ago to $8.60 billion.
Net income in the quarter jumped 5% to $1.83 billion or 43 cents per diluted share compared to the $1.75 million or 40 cents per share from the same quarter last year.