With the Dow up more than 100 points in early trading, Bay Area companies are also seeing their stock prices trending up this morning.
In fact, only three companies, Advanced Micro Devices, Inc. (AMD), Yahoo! Inc. (YHOO), and The Gap Inc. (GPS), of the 50 the Examiner follows have seen drops this morning in their stock price. Advanced Micro Devices leads the way, down more than 1.5 percent per share.
On the positive side of things, Nvidia Corp. (NVDA), a Santa Clara-based graphics processor company, is up more than 6 percent in early trading. SunPower Corp. (SPWR) and Maxim Integrated Products Inc. (MXIM) are both up more than 4 percent.
Companies trading at the highest volume are Cisco Systems, Inc. (CSCO) and Intel Corp. (INTC), with more than 18 million and 17 million shares trading hands respectively. Advanced Micro Devices is third on that list with nearly 10 millions shares traded.
Overall, the Dow Jones Industrial Average Index is trending up this morning, with the market up more than 100 points and nearing 13,400 points.
In other stock news, Yahoo and Google Inc. (GOOG) are fighting with mobile communications companies over advertising on cell phones, according to Bloomberg News. The Securities and Exchange Commission filed civil charges against former Maxim executives, according to the San Jose Mercury News.