Chipmaking equipment maker ASML Holding on Wednesday reported fourth-quarter earnings that beat expectations and its best-ever quarterly orders, but it kept a cautious outlook for 2024 as it faces new restrictions on exports to China.
Advanced Micro Devices stock (NASDAQ: AMD) is expected to publish its Q4 FY’23 results toward the end of January, reporting on a quarter that is likely to see the company’s CPU business pickup as the PC market shows signs of turning the corner. We expect the com
Apple (NASDAQ:AAPL) is expected to publish its Q1 FY’24 results in early February, reporting on a quarter that is likely to see Apple’s key computing products continue to exhibit sluggish demand. We expect earnings to stand at $2.10 per share, about in line with conse
Tuesday was a good day to be a shareholder in any one of a number of electric vehicle (EV) stocks. Many rose higher on the day thanks to news of a potential monster rival's apparent delay in entering the market. High-end American EV maker Lucid Group (NASDAQ: LCID) enjoyed a more
South Korean flatscreen maker LG Display posted on Wednesday its first profit in seven quarters on increased shipments of smartphone screens and TV panels during the year-end holiday season.
The NASDAQ 100 After Hours Indicator is up 20.83 to 17,425.04. The total After hours volume is currently 90,394,050 shares traded.The following are the most active stocks for the after hours session: iShares MSCI ACWI ETF (ACWI) is -0.2358 at $101.80, with 3,768,704 shares trade
Tech stocks were rising late Tuesday afternoon with the Technology Select Sector SPDR Fund (XLK) adding 0.4% and the SPDR S&P Semiconductor ETF (XSD) up 1%.
ASML Holding N.V. ASML is slated to report fourth-quarter 2023 results on Jan 24.For the fourth quarter, ASML expects revenues between €6.7 billion and €7.1 billion. The Zacks Consensus Estimate for the same is pegged at $7.34 bil
"Magnificent Seven" is a term coined by Bank of America analyst Michael Hartnett to describe the seven largest tech-focused stocks in the S&P 500. They are Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Amazon (NASDAQ: AMZN), Meta Platfor
The benchmark S&P 500 and the Nasdaq were flat on Tuesday as a mixed bag of earnings from industry bellwethers threatened to douse a recent rally, while the Dow treaded water on the back of losses in 3M.
STMicroelectronics STM is scheduled to report fourth-quarter 2023 results on Jan 25.For the fourth quarter, the company expects net revenues of $4.30 billion at the mid-point. The Zacks Consensus Estimate for revenues is pegged at
STMicroelectronics STM is scheduled to report fourth-quarter 2023 results on Jan 25.For the fourth quarter, the company expects net revenues of $4.30 billion at the mid-point. The Zacks Consensus Estimate for revenues is pegged at
The technology sector had a strong fourth-quarter 2023, driven by an improving global macro-economic environment, eased inflation and strong adoption of AI and machine learning.The technology sector is expected to have benefited f
Western Digital WDC is scheduled to report second-quarter fiscal 2024 results on Jan 25.For the to-be-reported quarter, management projects non-GAAP loss per share to be between $1.05 and $1.35. The Zacks Consensus Estimate is peg
Apple on Tuesday asked a London tribunal to throw out a mass lawsuit valued at around $1 billion brought on behalf of more than 1,500 app developers over its App Store fees.
After experiencing a remarkable December, the Dow continued its upward momentum and closed above the coveted 38,000 mark for the first time on Jan 22. The 30-stock blue-chip index took only 25 trading sessions to jump 1,000 points
For Immediate ReleaseChicago, IL – January 23, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the fi
An avalanche of S&P 500 earnings reports will be arriving over the next two weeks. Market participants will be watching to see what companies are living up to and beating earnings per share (EPS) forecasts. It’s likely some of the usual suspects will drive S&P 500 EPS gains. And that’s not only for the fourth [...]
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