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Yahoo Finance’s Alexis Christoforous and Santosh Rao of Manhattan Venture Partners talk about earnings for some top tech companies.
UPS, Dunkin’ Brands, BP and Tesla are the companies to watch.
Yahoo Finance's Seana Smith on the NYSE halting trading of Amazon and Alphabet, Twitter shares declining after earnings, what to expect from Facebook's earnings and more.
U.S. stocks jump, with major indexes up 1% as strong results from a number of bellwether stocks, including technology behemoth Facebook, lifted equities in a broad advance.
Shares of Advanced Micro Devices (AMD) keep adding to gains today after its Q1 results yesterday afternoon beat and the company's outlook positively crushed expectations. Chief Executive Officer Lisa Su was kind enough to take some time to talk with me this morning at the New York Stock Exchange while winging through the East Coast for various meetings. People often talk about semiconductors and electronics in terms of "cycles,” be it the chip cycle itself, the successive generations of Intel (INTC) chips, or the Windows software releases.
Shares of Advanced Micro Devices Inc. ( AMD) are skyrocketing Thursday after the semiconductor manufacturer beat the Street's estimates for the first-quarter earnings period after market close on Wednesday. Analysts applauded better-than-expected Q1 earnings results from AMD, boosted by continued demand from cryptocurrency miners and its new products such as its Ryzen chips.
Ford’s move to drop sedans from its North American lineup sharpens the company’s focus on U.S. drivers’ current preference for SUVs, crossovers, and pickup trucks, and keeps an eye on the future, when ...
With less competition in passenger sedans, Japanese carmakers like Toyota and Honda might try to raise prices and squeeze a bit more profit out of their traditional cars. But they'll continue to feel pressure from small crossovers and SUVs.
The Italian-American auto maker said it was on track to meet its growth targets for the year, including a pledge to pay off its rapid declining net industrial debt load. Fiat Chrysler’s first-quarter net profit came to €1.02 billion ($1.24 billion), even as revenue fell 2% to €27 billion. The company said its adjusted operating profit, which excludes one-time items, grew 5% to €1.6 billion, which brokerage Evercore ISI said was below a consensus forecast of €1.8 billion among financial analysts.
Shares of Advanced Micro Devices soared as much as 15 percent in morning trading Thursday after the company reported blockbuster quarterly earnings and gave a better-than-expected outlook for the second quarter.
Shares of Santa Clara semiconductor bellwether Advanced Micro Devices jumped in after-hours trading last night on news of a firm earnings beat with net revenue of 1.65 billion, net income of $81 million and diluted EPS of $0.08. AMD attributes market share gains, versus its primary competitor Intel, with respect to its new successful line of Ryzen and EPYC processor products in various applications from the desktop, to laptops and the data center. "The first quarter was an outstanding start to 2018 with 40 percent year-over-year revenue growth," proclaimed Dr. Lisa Su, AMD president and CEO.
As Intel is boosting its profile in autonomous driving it picks up a key exec from electric car maker Tesla.
Like much of the tech sector, Intel Corp. is banking its future on strong growth in cloud computing, as the chip maker seeks to make up for lagging sales in its core legacy business amid stronger competition. Intel (INTC) is scheduled to report its first-quarter earnings after the closing bell Thursday. Results are expected to focus on growth in server and memory chips, businesses that are focused on supplying data centers powering the cloud, while masking continued declines in personal computer sales that cost Intel its title as the world’s largest chip maker in 2017.
Goodbye, Ford sedans: Detroit auto maker says that by 2020 almost 90% of the its portfolio in North America will be trucks, utilities and commercial vehicles.