Eugene David ...The One-Minute Pundit |
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Wednesday, July 15, 2009
Investors hoping Intel Corp.'s (INTC) better-than-expected quarter and bullish comments suggest the broader tech sector will see similarly strong results should reconsider: The giant chip maker is benefiting from the idiosyncracies of its inventory, rather than the broader economy.
Goldman Sachs’s record profits owe more to lack of competition than market recovery Stocks up a zillion points today, figures.
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