Tech Archives - Page 132 of 1385

2 minute read

Super Micro Shares Dip On Mixed Q3 Results: EPS Beat, Sales Miss

April 30, 4:50 PM

Super Micro Computer reported quarterly earnings of $6.65 per share which beat the analyst consensus estimate of $5.78 by 15.05% and represents a 307.98% increase over earnings of $1.63 per share from the same period last year. Quarterly sales clocked in at $3.85 billion which missed the analyst consensus estimate of $3.952 billion by 2.58% and is a 200.08% increase year-over-year.

SMCI

2 minute read

April Showers On Wall Street: Miners, Utilities Emerge As Bright Spots In Gloomy Market

By Piero Cingari

April 30, 4:38 PM

Performance in April 2024: Utilities lead, real estate lags. S&P 500, Nasdaq 100, Dow Jones Industrial Average, small-cap and large-cap indices all decline.

AAUKF

2 minute read

AMD Investors Pull Back After Modest Q1 Beat, CEO Touts AI Chip Ramp-Up

By Shanthi Rexaline

April 30, 4:34 PM

AMD kept the ball rolling on tech earnings, with its first-quarter report among the closely watched due to the company's exposure to AI.

AMD

2 minute read

China Stock Ideas For Tech Resurgence: Tesla, Apple Make Strategic Moves; Goldman Sachs Projects 40% Upside Potential

By Surbhi Jain

April 30, 4:13 PM

"There's only two companies able to thread the needle in terms of China-US. It's Cook in Cupertino, and Musk and Tesla," said Wedbush's Dan Ives.

AAPL

3 minute read

ON Semiconductor Set for Growth: Analysts Cite SiC and Auto Market Stability As Catalysts

By Anusuya Lahiri

April 30, 3:31 PM

Benchmark analyst David Williams maintained ON Semiconductor Inc (NASDAQ:ON) with a Buy and lowered the price target from $88 to $80.

GFS

2 minute read

Apple’s Glass Supplier Corning Outperforms in Tough Market, Eyes $3B Sales Boost in Three Years

By Anusuya Lahiri

April 30, 1:45 PM

Corning Inc reported Q1 2024 core sales decline of 3% YoY to $3.26B, beating consensus of $3.12B. Core EPS of $0.38 also beat consensus of $0.35.

AAPL

2 minute read

Stocks Dive On Fears Of Hawkish Fed; Treasury Yields Rise, Bitcoin Tumbles To $60,000: What’s Driving Markets Tuesday?

By Piero Cingari

April 30, 1:35 PM

Investor apprehension grips Wall Street with major indices showing midday losses on Tuesday in New York trading, ahead of the Federal Reserve’s potentially hawkish pivot in Wednesday’s meeting.

ACGL

2 minute read

Qualcomm Stock Chart Indicates Strong Bullish Trend, Analysts See Potential 15% Upside Ahead Of Q2 Earnings

By Surbhi Jain

April 30, 12:45 PM

Qualcomm Inc (NASDAQ:QCOM) reports Q2 earnings on Wed. Expect EPS $2.32 & rev. $9.3B. Stock up 45% this yr, 16.32% YTD. Analysts rate as Buy w/ $140.31 PT & potential 15.05% upside.

QCOM