Applied Materials Sees Strong China Sales, Advanced Technology Driving Analyst Optimism
AMAT shares volatile after better-than-expected Q2 results. Analysts raise price targets, expect company to gain market share in chip equipment.
What Drove Hut 8 Earnings Beat? 4 Analysts Provide Their Q1 Takeaways
Hut 8 Corp reported financial results Wednesday after merging with U.S. Bitcoin Corporation (USBTC) in November 2023.
How Cisco Systems Performed Ex-Spunk, 8 Analysts Weigh In On Q3 Earnings: Here’s Where ‘Upside Primarily Came From’
Cisco Systems shares declined after earnings were released, with one analyst noting hwo upside primarily came from services, not product.
Cannabis-Focused Software Co. Springbig Sees Slight Q1 Revenue Decline But Improves Net Loss, Keeps Full Year Financial Guidance
Paul Sykes, CFO, remarked on achieving a positive adjusted EBITDA for the first time at $0.2 million, compared to a loss of $1.3M last year
Will Home Depot Continue To Weather Macro Challenges? ‘Continued Softness In Discretionary Projects,’ But ‘Compelling Recovery Opportunity’ Say Analysts
Home Depot shares up despite disappointing sales. Analysts expect comp performance to improve in back half of year. Gross margins expand.
Alibaba Analysts Look For Signs Of Q4 Rebound: ‘Cloud Business Could Double-Digit Growth In 2025’
Alibaba reported 7% year-on-year revenue growth — a "solid" beat. Analysts acknowledge "margin uncertainties in the coming quarters."
Tencent Music Entertainment Q1 Subs Hit Record High, 2 Analysts Raise Forecasts
Tencent reported "strong" results, "with Core music revenue growth beating by 5 points on record-high subscriber net adds and advertising outperformance."
Cisco Systems Q3 Preview: Analysts Anticipate ‘Stabilizing Core Business Trends’
Cisco (NASDAQ: CSCO) launches Hypershield for increased security of data centers and clouds. Analysts predict a beat in third-quarter results.
Stocks Surge On Healthy Earnings Season, Rising Jobless Claims: This Week In The Markets
Week in markets: quiet week, Q1 earnings positive, S&P 500 and Dow Jones up, utilities sector stands out, job market and inflation concerns, interest rate cuts expected. Buffett reduces Apple stake, Apple unveils new iPads, Tesla cuts jobs in China, Pfizer settles lawsuits.
Stocks Pause On Dismal Consumer Confidence; Yields, Dollar Rise As Inflation Expectations Kick Higher, Bitcoin Sinks: What’s Driving Markets Friday?
A worse-than-expected University of Michigan’s May consumer report halted stock gains on Friday, sparking worries about a potential decline in consumer health amid perceived rising price pressures.