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Tag: Consumer electronics
Nvidia, Broadcom, and Marvell Are Chip Stocks to Benefit in AI Arms Race
J.P. Morgan says there are three semiconductor companies that will thrive from the rising demand for artificial-intelligence services and software. In a note to clients on Friday, analyst Harlan Sur s...
Micron Suspends Executive Bonuses. The Stock Was Upgraded, Too.
Micron Technology has suspended bonuses for executives, and the stock earned an upgrade, though the two don’t appear to be connected. Micron (ticker: MU) said late Thursday a board committee had appro...
PayPal earnings: What to expect
The world of online checkout continues to heat up, and investors want to see how digital-payments pioneer PayPal Holdings Inc. is holding its own. After a rough year for PayPal PYPL, -1.63% highlighte...
AT&T’s stock no longer a buy despite ‘commendable’ performance, analysts say
AT&T Inc. has its act together in wireless, but that’s already well understood by Wall Street, according to LightShed Partners analysts. After refocusing its business on connectivity in the wake o...
Buy Splunk Stock, Not Datadog, as Cloud Growth Slows, One Analyst Says
As companies tighten their budgets ahead of a potential recession, enterprise software spending is likely to slow in 2023. That has consequences for many stocks in the group. KeyBanc Capital Markets a...
Dell to cut 6,650 jobs, report says
Dell Technologies will join the ranks of technology companies slashing jobs as the computer maker will shed 6,650 positions, according to a published report on Monday. Citing a company spokesman after...
Wall Street wants to know when ‘GTA VI’ is going to drop, too.
The biggest question for Take-Two Interactive Software Inc. executives would be the same for gamers and Wall Street analysts: When is the next “Grand Theft Auto” going to drop? Take-Two’s TTWO, -4.74%...
Charlie Munger would be more bullish on bitcoin if he had time to study it, Michael Saylor says
“‘Charlie and the other critics, the members of the Western elite … are continually prodded for an opinion on bitcoin, and they haven’t had the time to study it.’” — Michael Saylor, co-founder and CEO...
Apple, Amazon, Alphabet, Ford, Nordstrom, and More Stock Market Movers
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Bill.com stock drops 20% as weak revenue forecast overshadows earnings beat
Bill.com Holdings Inc. shares dropped in the extended session Thursday after the business automation software company’s revenue outlook struggled to exceed Wall Street expectations. Bill.com BILL, +8....
Amazon earnings: What to expect
Amazon.com Inc. is expected to deliver a profit for its holiday quarter, but not enough to offset its losses from earlier in 2022. Even with Amazon AMZN, +6.95% projected to report about $2 billion in...
Qualcomm Earnings Could Disappoint. Smartphone Demand Could Be Why.
Qualcomm, the maker of mobile processors and 5G wireless chipsets, may report muted earnings results after Thursday’s market close. Wall Street’s consensus estimate calls for Qualcomm (ticker: QCOM ) ...
Apple earnings may rely on an unlikely hero amid iPhone uncertainty
Apple Inc. was saved in its last earnings report by an unlikely hero, and the same dynamic may show up in the tech giant’s holiday earnings. Macs posted record revenue of $11.5 billion that was more t...
Where Are Stocks, Bonds and Crypto Headed Next? Five Investors Look Into Crystal Ball
A new trading year kicked off just weeks ago. Already it bears little resemblance to the carnage of 2022. After languishing throughout last year, growth stocks have zoomed higher. Tesla Inc. and Nvidi...
Intel’s Data Warning Hits AMD and Nvidia Stock. A Chip Sector Upheaval Is Near.
Intel ‘s disappointing results and warning of a contracting data-center market knocked the stock in some of its key rivals on Friday. Intel (ticker: INTC) shares were down 10% in premarket trading af...
AT&T Throws Off Cash as Earnings Top Expectations
AT&T ‘s fourth-quarter earnings beat Wall Street’s estimates. A key metric for the wireless company also came in higher than expected. For AT&T (ticker: T), the driver this earnings season is...
Microsoft, Texas Instruments, Tesla, Intuitive Surgical, and More Market Movers
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Opinion: Microsoft gave Wall Street hope, but then the cloud forecast turned dark
Microsoft Corp. sparked a relief rally for the cloud Tuesday, then rained on that parade after less than two hours of joy. Microsoft MSFT reported slightly disappointing holiday-quarter results, but t...
Only 13 companies have issued upbeat profit forecasts for Q1, but earnings are due from this pessimism-resistant industry
A tough fourth quarter for corporate earnings is largely in the past, and the first quarter isn’t exactly looking great either, but upcoming results this week from the one industry spared by the pande...