Why Is GlobalFoundries Stock Sliding On Tuesday?
GlobalFoundries clocked a fourth-quarter fiscal year 2023 revenue decline of 12% year-on-year to $1.854 billion.
Nasdaq, S&P 500 Set For Weaker Open As Traders Keep Eyes Peeled On Inflation Data: Analyst Flags Key CPI Report Item To Watch
Despite the Fed rhetoric about the inflation fight being still on, the central bank will likely cut rates this year, an analyst said.
Earnings Scheduled For February 13, 2024
Companies Reporting Before The Bell
• LCI Indus (NYSE:LCII) is likely to report quarterly earnings at $0.18 per share on revenue of $838.27 million.
‘Data As The New Oil’: Semiconductors ‘Catching Up’ With GDP In 2024, Says Analyst
The 2024 outlook for semiconductors and equipment industry shows a dip in revenues, but a strong recovery is expected.
Nvidia and AMD Rule The Charts – Here Are Other Semiconductor Plays That Analysts Root For
Analysts discuss top semiconductor plays. Citi analyst positive on PC, wireless, server markets. Micron top pick. NVDA, AVGO, AMD, INTC also favored.
Nvidia Will Lead 2024 Double-Digit Semiconductor Stock Rally, Analysts Say
Cantor Fitzgerald's report highlights top picks for 2024 in the semiconductor industry, with expected upside ranging from 21% to 36%.
The Analyst Landscape: 5 Takes On GLOBALFOUNDRIES
Analysts’ ratings for GLOBALFOUNDRIES (NASDAQ:GFS) over the last quarter vary from bullish to bearish, as provided by 5…
Infineon And GlobalFoundries Extend Long-Term Agreement With Focus On Automotive Microcontrollers
Infineon Technologies AG (OTCQX:IFNNY) and GlobalFoundries (NASDAQ:GFS) (GF) today announced a new multi-year agreement on the supply of Infineon's AURIX™ TC3x 40 nanometer automotive microcontrollers as well as
Nasdaq 100 Marks Fifth Consecutive Negative Session In Worst Tech Stock Downturn In Nearly 14 Months
Nasdaq 100 index has just closed its fifth consecutive red session, marking the worst negative streak in almost 14 months, with a total drop of 4.1%.
Looking Into GLOBALFOUNDRIES’s Recent Short Interest
GLOBALFOUNDRIES’s (NYSE:GFS) short percent of float has fallen 9.25% since its last report. The company recently reported that…