Text size Goldman Sachs’ cuts to earnings forecasts for chip manufacturers were both broad and deep. Dreamstime Chip stocks are gaining ground on Friday following better-than-expected financial ...
Tag: Consumer electronics
Opinion: The SPACsplosion is about to become a liquidation frenzy — and that may be for the best
As the SPAC boom was beginning to rage two years ago, this column asked why in the world any company would want to be acquired by a former chief executive best known for executing one of the worst acq...
Unity to Buy IronSource for $4.4 Billion. IronSource Stock Surges, Unity Slumps.
Text size Wall Street seems to think the merger is a good deal for IronSource stock, which surged. Angela WeissAFP/Getty Images Unity Software will take over IronSource in an all-stock $4.4 billion me...
Tesla Is Doing to Car Makers What Apple Did to Nokia. Will History Repeat?
Text size Volkswagen’s software delays underscore why Tesla will be so hard to catch, according to one analyst. Sean Gallup/Getty Images Tesla is disrupting the car business, a little like how A...
Demand for Smartphones Is Slowing. These 3 Stocks Could Be Hurt, Analysts Say.
Text size Qorvo is more at risk from the slowdown in the economy than other makers of wireless chips because it focuses more on the lower end of the market, according to Cowen. Dreamstime Wall Street ...
Micron’s Woes Are Trouble for Nvidia and These 5 Other Stocks
Text size A technician inspects a semiconductor wafer. Kobi Wolf/Bloomberg News last week that Micron Technology expects weak Chinese demand for semiconductors to hit its quarterly results means a ran...
Banks Get Burned by Risky Debt, Imperiling Buyout Activity
By Laura Cooper July 3, 2022 9:03 am ET Listen to article (2 minutes) Investment banks are facing big losses on leveraged buyouts they agreed to finance before markets soured, further chilling the out...
Altria’s Dividend Yield Signals Doubts About the Payout. Why It’s Safe.
The FDA’s bid to ban Juul products—like these at a shop in El Segundo, Calif., on a recent day—has weighed on Altria stock. Analysts think Altria, which has a big stake in Juul, will be able to ...
Apple Stock Is Under Pressure. Why Its Earnings Could Trigger a Rebound.
Text size Apple stock has fallen 23% so far this year. Getty Images Investors are feeling a little jittery about Apple stock, and for logical reasons. The company’s June quarter earnings report is les...
Micron’s Weak Outlook Crushes Chip Stocks. There’s More Trouble Coming for Tech.
Text size Dreamstime Almost every analyst on Wall Street knew that the memory chip company Micron Technology was likely to provide quarterly guidance below previous Street estimates. And that’s exactl...
There may be another shoe to drop after Micron’s big outlook miss
Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter reven...
Micron Issues Muted Sales Forecast On Demand Weakness
Memory-chip maker Micron Technology issued a subdued revenue outlook, spooking investors even as it reported a strong rise in earnings for its latest quarter. “Recently, the industry demand environmen...
Palo Alto Networks Shares Are Too Cheap, Morgan Stanley Says
Text size Palo Alto Networks is within one to two quarters of reaching profitability under generally accepted accounting principles. Dreamstime Palo Alto Networks shares have held up a little better t...
Xerox CEO Visentin Has Died. What It Means for the Company.
Text size John Visentin. Courtesy Xerox Xerox Holdings shares are in the spotlight as investors respond to news that CEO and Vice Chairman John Visentin has died unexpectedly at age 59, a development ...
Ceragon stock surges on acquisition offer from Aviat
Ceragon Networks Ltd. CRNT, -5.43% shares surged in the extended session Monday after Aviat Networks Inc. AVNW, -2.08% offered to acquire the wireless telecom equipment company and shake up its board....
Intel wins latest race in chip uses for the cloud, says KeyBanc Capital Markets
Chip giant Intel Corp. is leading growth in cloud technology, according to new research from KeyBanc Capital Markets. Intel Corp. INTC, +3.21% is the winner in KeyBanc’s latest monthly data tracking s...
Shopify Stock Has Tumbled. It’s Still No Bargain, Analyst Warns.
Text size Shopify headquarters in Ottawa, Canada. Dreamstime With Shopify stock down nearly 80% so far this year, some investors might be tempted to bottom fish one of the leading providers of softwar...