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Investors worried about a deepening recession cherry-picked stocks Monday, sending technology shares higher and financials and blue chips lower.
"These contacts and channels were later used for sending technology out of Pakistan by certain individuals," a military official said, "including Dr. A. Q . Khan.
Some have even called for scrapping the H-1B visa program altogether, a move seen as part of a reaction against the increasing trend of sending technology and back-office jobs abroad.
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[C10.] Chip Stocks Fall; Market Is Mixed An analyst downgrade of the semiconductor sector sent technology shares lower, but the overall stock market ended mixed.
Word that a second top executive is leaving Oracle in less than a month and that analysts had lowered ratings on companies like Juniper Networks sent technology stocks lower from the opening bell.
Unlike last week, when Dell sent technology shares plunging by meeting expectations but forecasting slower-than-projected growth for next year, Hewlett-Packard's news was harder for investors to parse.
Intel's warning that first-quarter profits would be lower than forecast sent technology stocks in Europe to close down an average 4.0%, according to the Dow Jones Euro Stoxx index.
"Nobody's sending missile technology or weapons down to Cuba," he says.
By sending cheap technology into developing nations, you would offer kids a ticket out of ignorance and poverty.
The UK government is also piloting both SMS and "cell broadcast" technology to send emergency alerts to phones in areas at risk of flooding or industrial accidents. .
But the whole market fell, sending the technology-sensitive Nasdaq Composite Index down 1.67% to 2713.
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