Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $202.9 million dollar outflow -- that's a 2.6% decrease week over week (from 3
It might not be a case of going from zero to hero, but the tech sector is rebounding smartly in 2023 following its drubbing last year. As investors shifted to more defensive positions, the sector tumbled hard, and many previous highfliers were in the dumps.
The stock market had a rough year in 2022, but the technology sector bore the brunt of the pessimism, with the Nasdaq-100 index falling by 33%. Some areas, however, fared worse than others.
While the news media are understandably captivated by the most visible applications of artificial intelligence, including OpenAI’s ChatGPT bot, investors aren’t forgetting about the implications for chipmakers, including Nvidia Corporation (NASDAQ: NVDA).
Shares of Nvidia advan
Today's video focuses on Nvidia (NASDAQ: NVDA) and how investors can use Advanced Micro Devices' (NASDAQ: AMD) and Intel's (NASDAQ: INTC) recent earnings to try to gauge Nvidia's upcoming results. One reported a fantastic quarter, while the other did the complete opposite. Check
AMD (NASDAQ: AMD) posted its fourth-quarter report on Jan. 31. The chipmaker's revenue rose 16% year over year to $5.6 billion, which beat analysts' estimates by $80 million. Its adjusted earnings per share fell 25% to $0.69, but still cleared the consensus forecast by two cents.
What happened
Shares of Advanced Micro Devices (NASDAQ: AMD) made gains last month after the chipmaker benefited from a rise in tech stocks, a weak report from rival Intel, and anticipation for its own fourth-quarter earnings report, which came out after market hours on Jan. 31.
At Holdings Channel, we have reviewed the latest batch of the 25 most recent 13F filings for the 12/31/2022 reporting period, and noticed that Advanced Micro Devices Inc (Symbol: AMD) was held by 10 of these funds. When hedge fund managers appear to be thinking alike, we find it
In this video, I will talk about Nvidia (NASDAQ: NVDA) and what investors should expect after Intel's and AMD's earnings reports. Now that Nvidia has soared 90% since its 52-week lows, the expectations are sky-high.
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>
What happened
Shares of Advanced Micro Devices (NASDAQ: AMD) jumped on Wednesday after the chipmaker's financial results helped assuage investors' fears of a worsening tech downturn. As of 3:15 p.m. ET, AMD's stock price was up more than 12%.
Advanced Micro Devices is a multinational semiconductor business based in Santa Clara, California that produces computer processors and graphics chips. AMD reported earnings Tuesday January 31 after the market closed.
The best performing sector as of midday Wednesday is the Technology & Communications sector, higher by 0.4%. Within that group, Advanced Micro Devices Inc (Symbol: AMD) and Monolithic Power Systems Inc (Symbol: MPWR) are two of the day's stand-outs, showing a gain of 10.2%
U.S. stock indexes fell on Wednesday ahead of the Federal Reserve's decision on interest rates later in the day, while an upbeat outlook from Advanced Micro Devices lifted chipmakers.
Allegro Microsystems (NASDAQ: ALGM) share prices are advancing at a brisk pace on the news the company’s business is better than expected. The company, a semiconductor/integrated circuit manufacturer, provides sensor IC and app-specific analog ICs to the auto OEM and industrial
Advanced Micro Devices AMD reported fourth-quarter 2022 non-GAAP earnings of 69 cents per share, beating the Zacks Consensus Estimate by 4.55% but declining 25% year over year.Revenues of $5.60 billion beat the Zacks Consensus Estimate by 1.58% and increased 16% year over