Chipmaker Texas Instruments late Wednesday beat Wall Street's targets for the second quarter. But its sales guidance was below views.
Semiconductor equipment supplier Entegris on Tuesday easily beat Wall Street's targets for the second quarter and pointed higher for the current period.
As the global chip shortage deepens, many companies have been facing debilitating supply constraints. These, in turn, have been weighing on plans for expansion and fulfilling consumer demand. However, some semiconductor firms are cashing in on the vigorous demand. One of these, Texas Instruments Incorporated (TXN), reported its Q2 earnings to the tune of above consensus beats on revenue, EPS, and raised outlook. (See Texas Instruments stock charts on TipRanks) Elaborating on the situation is Mar
Shares of Corning Inc. are up 0.6% in premarket trading Tuesday after the maker of optical technologies posted better-than-expected revenue and earnings for its second quarter. The company posted GAAP net income of $449 million, down from $599 million a year earlier. The company posted a GAAP loss per share of 42 cents and core earnings per share of 53 cents, with the difference between GAAP and core EPS reflecting a one-time accounting treatment stemming from a preferred-share transaction with
Yahoo Finance's Emily McCormick joined Yahoo Finance Live to break down the key takeaways from PayPal's recent earnings report.
Yahoo Finance's Dan Howley breaks down Qualcomm's Q3 earnings report.
Growth stocks are moving, and the popular ETF money manager is making moves. Let's dive into her shopping list to see some of the stocks she bought on Tuesday.
Shares of BlackBerry (NYSE: BB) are soaring almost 10% higher in morning trading Wednesday while those of AMC Entertainment Holdings (NYSE: AMC) and GameStop (NYSE: GME) were falling 5% and 7%, respectively. GameStop is being upgraded to the S&P 400 index beginning Aug. 4, replacing Weingarten Realty Investors, which is being acquired by Kimco Realty.
Chipmaker AMD reports earnings for the Q2 driving by strong revenue growth year over year.
(Bloomberg) -- Ford Motor Co. overcame a critical parts shortage and managed to post a surprise profit in the second quarter, thanks to surging prices on models that have become harder to find on dealer lots.The automaker on Wednesday also raised its full-year forecast for adjusted earnings to a range of $9 billion to $10 billion before interest and taxes. That’s an increase of about $3.5 billion from its previous projection and at least triple what it made last year. The Dearborn, Michigan-base
What happened Shares of Moderna (NASDAQ: MRNA) rose on Wednesday after fellow drugmaker Pfizer (NYSE: PFE) reported strong sales of its COVID-19 vaccine and raised its full-year revenue forecast. As of 3:30 p.
Aspiring electric-vehicle battery maker QuantumScape (NYSE: QS) doesn't have a product yet and is still years -- rather than months -- away from potential commercialization. QuantumScape believes it has a ceramic material that can be used as a solid-state separator in a battery cell to help overcome slow charging times, and improve performance and safety versus current lithium-ion batteries. Earlier this year, QuantumScape announced it had successfully built its first multilayer battery cell with four layers -- a milestone showing the technology is feasible.
After a three-day slide, Chinese tech stocks were recovering today. Tutoring stocks like New Oriental Education and Tal Education Group started rebounding after nearly all of their value was wiped out in the sessions on Friday and Monday, and today much of the Chinese tech sector followed suit as news of the crackdown faded. Investors seemed to be eager to capitalize on the sell-off, anticipating that prices would only temporarily be depressed.
Shares of Advanced Micro Devices (NASDAQ: AMD) are rising today, up by 6.4% as of 12:12 p.m. EDT, after the semiconductor company reported Q2 2021 earnings that beat analyst predictions with a stick. When calculated according to generally accepted accounting principles (GAAP), of course, AMD's numbers weren't quite as good as those pro forma numbers suggest -- but they were good enough. Gross profit margin jumped 4 full percentage points to 48%, and operating profit margin more than doubled to 22%.
PayPal stock tumbled after the digital payment firm reported results that topped estimates but revenue growth missed targets.
In this article, we discuss the 15 best strong buy stocks to invest in. If you want to skip our detailed analysis of these stocks, go directly to the 5 Best Strong Buy Stocks to Invest In. Uncertainty has been clouding over the stock market in the United States as investors exercise caution in the […]
Myles Udland, Brian Sozzi, and Julie Hyman breakdown more earnings which include: Spotify quarterly revenue beating despite missing user target, Boeing stock seeing a surge after reporting its first profit in 2 years, and Pfizer raising guidance as COVID vaccine is expected to generate more revenue.
Semiconductor equipment vendor Lam Research late Wednesday topped analyst estimates for the June quarter and guided higher.
Shares of semiconductor manufacturer Nvidia (NASDAQ: NVDA) closed higher on Wednesday, responding in sympathy to a powerful earnings release from rival Advanced Micro Devices (NASDAQ: AMD) the previous evening. On Tuesday, AMD wowed Wall Street with a report of $0.63 per share in pro forma profit -- earnings under generally accepted accounting principles (GAAP) were $0.58 per share -- and sales of $3.85 billion. Further encouraging semiconductors investors was the fact that AMD guided for even higher sales in the third quarter ($4.1 billion, "plus or minus $100 million"), and a repeat of the second quarter's robust 48% gross profit margin to boot.
What happened Wednesday is shaping up to be a profitable day for cannabis investors. Here's how some of the most popular pot stocks were performing as of 12:30 p.m. EDT today: Sundial Growers (NASDAQ: SNDL), up 10% OrganiGram Holdings (NASDAQ: OGI), up 9% Aurora Cannabis (NASDAQ: ACB), up 8% Canopy Growth (NASDAQ: CGC), up 7% Hexo (NYSE: HEXO), up 7% So what The gains were sparked by a blockbuster earnings report from industry heavyweight Tilray (NASDAQ: TLRY).
In this article, we will be looking at the 10 best dividend aristocrats with over 4% yield. If you want to skip our detailed analysis of dividend investing, you can go directly to the 5 Best Dividend Aristocrats with Over 4% Yield. According to data from a book called Active Value Investing: Making Money in […]