1.71k followers • 18 symbols -0.70% Watchlist by Motif Investing
Increased adoption of connectivity and applications within cars could be beneficial to the companies that supply the underlying technology and components.
In this daily bar chart of TXN, below, we can see that prices were in a sideways market from January to early May and another tighter range from June till now. Trading volume has slowly diminished from January and the daily On-Balance-Volume (OBV) line has been neutral/flat the whole time. The Moving Average Convergence Divergence (MACD) oscillator has been hugging the zero line recently - not a surprise with a trading range market.
Pete Rodriguez, who was named CEO of Silicon Catalyst earlier this summer, talks about why it's so hard to do a semiconductor startup, how his program helps and whether Washington's new focus on Chinese chip deals has complicated things.
Microchip Technology's MCHP fiscal first-quarter earnings report and second-quarter forecast were noisy and eventful, as the company incorporated its recent sizable acquisition of Microsemi, noted strategic steps to improve this newly acquired business, and cited a handful of headwinds with various near-term implications for short-term revenue for the combined company and, perhaps, many other broad-based chipmakers. For a company that is often considered a canary in the coal mine for semis, however, tariffs may loom as a growing concern for the industry in the months ahead. Perhaps more important, the company continues to see long-term synergy and cross-selling opportunities from Microsemi, which has made its prior fiscal 2021 adjusted earnings per share target of $8 appear “conservative,” consistent with our long-term thesis that Microchip and its exemplary management team will extract greater profitability from Microsemi.
As wearables implement features that provide users more information on their health data, the devices are approaching the line for what they can do without FDA approval.
President Trump said Friday he would double the level of tariffs applied to Turkish steel and aluminum imports, a move that extended the Turkish lira's decline. Consumer prices in the U.S. rose 0.2% in July, matching economists' estimates, while core CPI -- which strips out gas and food prices -- also rose 0.2%. Stocks on Wall Street closed sharply lower on Friday, Aug. 10, amid concerns over the ongoing slide of the Turkish lira and fears the country's economic and political crisis could spread to Europe and elsewhere.
Earnings news sent Trade Desk and Universal Display to strong early gains Friday, while weakness in chip stocks threatened to snap the Nasdaq's eight-day rally.
Investing.com - Financial stocks were mostly lower midday, as investors fretted about the plunge in the Turkish lira and its impact on the global banking system.
Investing.com - Texas Instruments (NASDAQ:TXN) fell by 3.09% to trade at $110.81 by 10:05 (14:05 GMT) on Friday on the NASDAQ exchange, down 3.09% on the day. The volume of Texas Instruments shares traded since the start of the session was $1.07M. Texas Instruments has traded in a range of $110.80 to $112.31 on the day. The stock has traded at $116.61 at its highest and $110.00 at its lowest during the past seven days.
Traders of technology stocks have been focused squarely on one chunk of the sector recently: the semiconductors, and the pain that the group has endured over the past two days. The Philadelphia Semiconductor Index fell as much as 2.7 percent Friday, its biggest drop since June 25, with 29 of 30 members trading lower. Microchip Technology Inc. paced declines after inventory woes and a muddled forecast.
Texas Instruments (TXN) is seeing solid earnings estimate revision activity and is a great company from a Zacks Industry Rank perspective.
Not necessarily, given that valuations for the group are mostly reasonable and most of the issues that Microchip says are affecting its near-term sales are either company-specific problems or well-known short-term issues. After the bell on Thursday, Microchip reported June quarter (fiscal first quarter) non-GAAP revenue of $1.22 billion and EPS of $1.61. Revenue rose 25% annually with the help of Microchip's recent acquisition of fellow chipmaker Microsemi (it closed in late May), and was slightly above a $1.21 billion consensus.
Microchip Tech (MCHP) delivered earnings and revenue surprises of 8.05% and 0.37%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?
The Chandler, Arizona-based company said it had net income of 14 cents per share. Earnings, adjusted for one-time gains and costs, came to $1.61 per share. The results topped Wall Street expectations. ...
Investors betting on Tesla’s stock stumbling took a beating this week when shares in the company rallied after CEO Elon Musk tweeted that he was considering taking the company private.
Amphenol Corporation (NYSE: APH ), a designer, manufacturer and marketer of electrical and fiber optic connectors, boasts a better growth profile compared to its peers with more defensive attributes, according ...
The US government is considering imposing tariffs on an additional $200 billion worth of Chinese imports in an escalating trade conflict between the world’s two leading economies. China is also planning retaliatory tariffs on $60 billion worth of goods imported from the United States. It turns out that Fitbit (FIT) could be among the casualties if the United States makes good on its threat to target an additional $200 billion worth of Chinese imports.
Yahoo Finance’s Seana Smith on the stocks making headlines in midday trading Thursday.