In the Games industry, Midway, Ubisoft, THQ, Activision, SCi, EA, Take Two, MS, and Sony are all down. Ubisoft has good numbers from last year but they are delaying the release of some games this year. Assasin’s Creed must have done better than expected.
Surprisingly, Yahoo and Amazon are both up a little bit. Yahoo went down on 12/31 to $23.20, now its at $24.01. Even Google and Baidu are down today.
Semiconductor is down … almost every company I track is down; Intel, AMD, TI, Cadence, Altera, Xilinx, Mentor Graphics…etc. Also all networking companies are down; Cisco, Juniper, Nortel, Foundary, and others. Same for Apple, Sun, HP, and even IBM. Not a pretty first trading day!
More rumors about Intel acquiring Nvidia are surfacing. Nvidia is down to $33.04 although it has been picked as company of the year by Forbes.
