-
Amazon Analyst Says Company's 'Dominant Competitive Position' In E-Commerce, AWS 'Provides A Lot To Be Bullish About'
Thursday, September 5, 2024 - 11:51am | 637Amazon.com Inc (NASDAQ:AMZN) has strong positions in both e-commerce and cloud, according to an analyst who projects more runway in both segments, with artificial intelligence helping to power the AWS cloud business line. The Amazon Analyst: Cantor Fitzgerald analyst Deepak Mathivanan initiated...
-
Broadcom Q3 Earnings Preview: Can 'Sustained AI Order Momentum' Help Company With History Of Beating Estimates?
Wednesday, September 4, 2024 - 2:57pm | 938Analysts and investors will likely be looking for commentary on artificial intelligence revenue when semiconductor company Broadcom Inc (NASDAQ:AVGO) reports third-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect Broadcom to report third-quarter revenue of...
-
Gitlab Reports Beat And Raise Quarter, Analysts Expect AI To Be 'Significant Contributor' By Fiscal 2026
Wednesday, September 4, 2024 - 1:11pm | 914Shares of Gitlab Inc (NASDAQ:GTLB) spiked in early trading on Wednesday, after the company reported upbeat second-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald analyst Yi Fu Lee reiterated an Overweight...
-
Zscaler Delivers Upbeat Q4 Guidance: 7 Analysts Cut Forecasts On 'Incremental Risk'
Wednesday, September 4, 2024 - 12:12pm | 1648Shares of Zscaler Inc (NASDAQ:ZS) tanked in early trading on Wednesday, even after the company reported upbeat fiscal fourth-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Gabriela Borges maintained a...
-
Marvell Technology Posts First Beat-And-Raise In 5 Quarters: Analysts Focus On 'Solid AI Story'
Friday, August 30, 2024 - 11:36am | 883Marvell Technology Inc (NASDAQ:MRVL) shares climbed in early trading on Friday, after the company reported upbeat second-quarter sales. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs On Marvell Technology Analyst Toshiya Hari...
-
CrowdStrike Analysts See Execution At High Level After Microsoft Outage: Why 'Doomsday Scenario' Didn't Happen
Thursday, August 29, 2024 - 12:06pm | 872Analysts are impressed with the financial results and company commentary from CrowdStrike Holdings Inc (NASDAQ:CRWD) beating revenue and earnings per share estimates in the second quarter. The impact from the update that caused the Microsoft outage is viewed as less severe than analysts originally...
-
Nvidia Stock, Semiconductor Sector Split Between AI Winners And Losers: Analyst Says 'Stick With AI First And Foremost'
Monday, August 26, 2024 - 2:53pm | 881With NVIDIA Corporation (NASDAQ:NVDA) earnings in focus this week, analysts highlight key trends including the rise of artificial intelligence, strong demand from China, and geopolitical restrictions as crucial drivers for the semiconductor industry. Nvidia Earnings: Analysts expect Nvidia to...
-
Palo Alto Networks Delivers 'Solid Finish' To Year, 10 Analysts Raise Forecasts
Tuesday, August 20, 2024 - 12:24pm | 1613Palo Alto Networks reported strong earnings and revenue, and analysts are optimistic about its platformization strategy and growth potential. Shares of Palo Alto Networks Inc (NASDAQ:PANW) were climbing in early trading on Tuesday. The company reported its results amid an exciting earnings season....
-
Donald Trump Names Howard Lutnick To Lead Transition Team: Here's What It Means For Crypto
Friday, August 16, 2024 - 2:34pm | 719Republican nominee Donald Trump has reportedly tapped Howard Lutnick, CEO of Cantor Fitzgerald, to play a pivotal role in his transition team should he reclaim the presidency. What Happened: Quoting sources, Bloomberg reported that Lutnick will co-chair the team alongside Linda McMahon, former U.S...
-
SoundHound AI Posts Q2 Beat, But Analysts Focus On Amelia Acquisition
Friday, August 9, 2024 - 12:10pm | 631SoundHound AI Inc (NASDAQ:SOUN) shares tanked in early trading on Friday, despite the company reporting upbeat second-quarter results. The results came amid an exciting earnings season. Here are some key analyst takeaways. Cantor Fitzgerald On SoundHound AI Analyst Brett Knoblauch upgraded the...
-
Rivian Stock 'Powering Through Some Speed Bumps': Analysts Highlight Volkswagen JV, Amazon Partnership, R2 Launch After Q2 Earnings
Wednesday, August 7, 2024 - 11:47am | 912Electric vehicle company Rivian Automotive (NASDAQ:RIVN) draws mixed reactions from analysts over its partnerships and focus on profitability after reporting second-quarter financial results. The Rivian Analysts: Needham analyst Chris Pierce reiterated a Buy rating and lowered the price target...
-
Lucid Group Analysts Break Down Q2 Earnings, $1.5B Saudi Financing For EV Stock: 'We See This Capital Raise As Significant'
Tuesday, August 6, 2024 - 12:29pm | 788Electric vehicle Lucid Group (NASDAQ:LCID) gets praise from analysts for its updated financing, vehicle launch timeline and superior technology after reporting second-quarter financial results. The Lucid Analysts: Needham analyst Chris Pierce reiterated a Hold rating and has no price target on the...
-
Qualcomm Exceeds Expectations In Q3: 5 Analysts Debate Impact Of Huawei Export Restrictions
Thursday, August 1, 2024 - 12:09pm | 836Qualcomm reported its revenues and earnings higher than estimates on strong Auto and IoT segments. Guidance shows Huawei impact. Shares of Qualcomm Inc (NASDAQ:QCOM) were falling on Thursday, despite the company reporting upbeat fiscal third-quarter results. The results came amid an exciting...
-
AMD's Q2 Earnings: 9 Analysts Remain Positive On Long-Term Prospects, AI Optimism Tempered By Cost Concerns
Wednesday, July 31, 2024 - 2:26pm | 1071Advanced Micro Devices, Inc. (NASDAQ:AMD) saw its shares surge in its stock price following its second-quarter earnings report, which exceeded expectations. The semiconductor giant reported earnings of $0.69 per share, surpassing the consensus estimate of $0.68, and sales of $5.835 billion, also...
-
AMD Q2 Earnings Preview: Microsoft Impact, Data Center Guidance On Watch, Analyst Warns Of 'Substantial Downside Risk'
Monday, July 29, 2024 - 1:20pm | 769Shares of semiconductor company Advanced Micro Devices Inc (NASDAQ:AMD) have underperformed other chip peers and the broader market in 2024. Could the trend be reversed when the company reports second-quarter financial results Tuesday after the market close? Earnings Estimates: Analysts expect AMD...