43.80 +0.03 (0.07%)
After hours: 4:25PM EDT
|Bid||43.64 x 1300|
|Ask||43.65 x 1800|
|Day's Range||42.62 - 44.81|
|52 Week Range||42.62 - 62.40|
|PE Ratio (TTM)||14.70|
|Forward Dividend & Yield||0.80 (1.59%)|
|1y Target Est||N/A|
NEW YORK (Reuters) - U.S. stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in trade disputes ...
MARKET PULSE U.S. stock benchmarks Friday booked a second straight win, capping a volatile week in August that has been marked by jitters about contagion emanating from Turkey, and a resumption of negotiations between China and the U.
U.S. stocks closed higher on Friday, with the S&P 500 and the Dow Jones Industrial Average extending gains and the Nasdaq turning positive on reports of progress in trade disputes between the United States ...
China names and chip stocks drove early losses Friday as Tasla, Nvidia and Applied Materials pressured the tech sector, and Deere fell hard on an earnings miss.
The tech-heavy Nasdaq bore the brunt of early selling Friday. Top stock Nvidia fell about 4% after its Q2 earnings results.
Stock futures: Nvidia and Applied Materials topped views, but gave weak guidance. That's a bad sign for the chip sector and the market rally. Nordstrom jumped on strong profit and guidance.
Chip stocks weighed on the tech-heavy Nasdaq composite as well as sector funds Friday, as Applied Materials and Nvidia dropped in post-earnings action.
The Dow Jones industrial average led a light yet broad rally in stocks today. Chip stocks weighed on the leading index of growth companies. Pfizer is gaining more traction.
Investing.com - Shares of Tesla fell sharply midday on co-founder Elon Musk’s woes and its meeting with regulators next week. And weakness in semiconductor guidance led to a selloff in technology stocks.
Semiconductor sector-related exchange traded funds broke below their long-term trends and led the declines in the technology segment as chipmaker Nvidia (NasdaqGS: NVDA) and chip equipment maker Applied ...
Applied Materials says that it is expecting earnings per share for the full year of 2018 to range from $4.41 to $4.49. This is bad news fro AMAT stock as Wall Street is looking for earnings per share of $4.58 for the year. This is another blow to AMAT stock as analysts are estimating revenue of $17.64 billion for the period.
Applied Materials, Inc. (NASDAQ: AMAT ) shares were tumbling Friday following a disappointing earnings report. Here's what several Wall Street analysts had to say. Foundry Woes Memory and foundry uncertainty ...
NVIDIA (NVDA) and Applied Materials (AMAT) published their latest earnings results on August 16. Weaker guidances from these two companies, which have been beating analysts’ estimates for over two years, have added to investors’ fears that the semiconductor growth cycle may be slowing. AMAT is the world’s largest supplier of semiconductor manufacturing equipment.
The semis are having a give-up like we haven't seen in ages. With the so-called twilight of Nvidia and the astounding weakness in customer demand for Applied Materials may be the final (paper) straws in the big rollover.
Investing.com - U.S. futures pointed to a lower open on Friday as investors were spooked by a renewed decline in the Turkish lira spurred by the U.S. threat of more sanctions.
Applied Materials (AMAT) is expected to witness a slump in demand in the short term due to weakness in the memory market and the US-China trade war. Lower revenues would also impact the company’s operating cash flow, although the company is improving its profit margins. High capital spending reduced AMAT’s FCF (free cash flow) to $490.0 million in the fiscal second quarter.
Applied Materials (AMAT) delivers strong fiscal third-quarter results on the back of demand for chips used in electronic items, differentiated products, new technologies and innovation strategy.
Deere reported adjusted fiscal third quarter profit of $2.59 per share , compared to the consensus estimate of $2.78. Revenue did beat forecasts, but Deere said it continues to face cost pressures for raw materials and freight. Tesla TSLA — CEO Elon Musk's going-private proposal could be funded in part by Musk's rocket company SpaceX, according to The New York Times.
Applied Materials (AMAT) and Lam Research (LRCX) stocks have declined due to the onset of the US-China trade war. Their moving averages showed that the stock prices have recovered slightly. However, investors’ sentiment is still skewed towards the sell side.
Growth picked up in Display in 2017 with the growing adoption of OLED (organic light-emitting diode) displays by smartphones and TV manufacturers and the introduction of Gen 10.5 substrates for TV manufacturing. AMAT’s Display division supplies products such as chemical and physical vapor deposition and array tests that help display manufacturers like Samsung (SSNLF) Display overcome technical challenges in OLED manufacturing. In the fiscal second quarter, the Display division’s revenues rose 53.0% YoY (year-over-year) and 32.0% sequentially to $600.0 million, driven by strong demand in the mobile and TV markets.
Stock futures are ticking lower as investors digest disappointing results and financial forecasts from a handful of high-profile names. Deere & Co. shares are little changed pre-market after mixed quarterly numbers, but Applied Materials Inc. and Nvidia Corp. are sinking following lackluster guidance, which could crush the tech sector today. Markets in China and Europe slid amid lingering geopolitical uncertainty after Donald Trump pushed Beijing for a better trade deal.
Japan's Nikkei rose on Friday on hopes that talks between China and the United States next week would ease trade tensions, but chip-related stocks fell after Applied Materials disappointed investors with ...
Investing.com - Applied Materials (NASDAQ:AMAT) reported third quarter earnings that beat analyst's expectations on Thursday and reported revenue that topped forecasts.