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Alphabet's AI Integration Winning Over 5 Analysts: Q2 Results Spark Optimism Despite Market Challenges
Wednesday, July 26, 2023 - 11:17am | 694Shares of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) spiked in early trading on Wednesday, even as the company is facing increasing threats from ChatGPT and plans by competing tech giants to create open maps. Alphabet also reported its second-quarter report, with revenue and operating...
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Broadcom Earnings Beat: Unanimous Price Target Hike By 4 Analysts
Friday, June 2, 2023 - 1:01pm | 471Broadcom Inc (NASDAQ:AVGO), a global leader in semiconductor and infrastructure software solutions, issued second-quarter earnings which beat Street expectations. Here's what investors need to know about the earnings, and what analysts think about the stock. By The Numbers: Broadcom issued earnings...
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AI Revenue To Bolster Ambarella's Growth By 60% In 2024, 3 Analysts On Q1 Print
Wednesday, May 31, 2023 - 1:18pm | 383Shares of Ambarella Inc (NASDAQ: AMBA) tanked in early trading on Wednesday, despite the company reporting upbeat earnings for its fiscal first quarter. Investors grew concerned on the company’s weak second-quarter forecast. The report came amid an exciting earnings season. Here are some key...
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Marvell Technology AI Sales To Double: 5 Analysts Take A Look At Q1 Print
Friday, May 26, 2023 - 12:22pm | 676Shares of Marvell Technology Inc (NASDAQ: MRVL) climbed in early trading on Friday, after the company reported upbeat quarterly results. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Morgan Stanley On Marvell Technology Analyst...
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PayPal Faces Unbranded Margin Pressure: 5 Analysts On Q1 Print
Tuesday, May 9, 2023 - 12:03pm | 654Shares of PayPal Holdings Inc (NASDAQ: PYPL) tanked in early trading on Tuesday, despite the company reporting upbeat quarterly results. Here are some key analyst takeaways from the earnings release. Susquehanna On PayPal Holdings: Analyst James Friedman reiterated a Neutral rating while reducing...
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Western Digital's June Quarter Could Be A Bottom, 3 Analysts On FQ4 Outlook
Tuesday, May 9, 2023 - 11:50am | 453Shares of Western Digital Corp (NASDAQ: WDC) were trading lower on Tuesday, following the company’s weak fourth-quarter guidance. Here are some key analyst takeaways from the earnings release. Susquehanna On Western Digital Analyst Mehdi Hosseini reiterated a Neutral rating and price...
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Skyworks Solutions Faces Multi-Quarter Headwinds: 5 Analysts Give Mixed Reviews
Tuesday, May 9, 2023 - 10:45am | 594Shares of Skyworks Solutions Inc (NASDAQ: SWKS) tanked in early trading on Tuesday, after the company reported downbeat quarterly results and issued a weak guidance. Here are some key analyst takeaways from the earnings release. BMO Capital Markets analyst Ambrish Srivastava downgraded the rating...
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Cash App Leads The Way On Block's Earnings Beat: What Do 4 Analysts Think About The Stock?
Friday, May 5, 2023 - 1:15pm | 610Block Inc (NYSE: SQ) reported better-than-expected first-quarter earnings on Thursday after market close. Here’s what investors need to know about the company and what the analysts think about the stock. By The Numbers: Block reported year-over-year revenue growth of 26% to $4...
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DraftKings Q1 Beat Driven By High Customer Retention, Market Share Gains; Analysts Optimistic On Growth
Friday, May 5, 2023 - 11:04am | 770Sports betting company DraftKings Inc (NASDAQ: DKNG) reported first-quarter financial results after market close Thursday. The company also raised its full-year revenue and EBITDA guidance. Here's what analysts are saying after the report and guidance increase. The DraftKings Analysts: Bank of...
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AMD Shares Stumble After Q1 Reveal: A Rollercoaster Of Analyst Perspectives Emerges
Wednesday, May 3, 2023 - 12:11pm | 759Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) continued to tank in early trading on Wednesday, despite the company reporting upbeat quarterly results. Here are some key analyst takeaways from the earnings call. Susquehanna On Advanced Micro Devices Analyst Christopher Rolland reiterated a...
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Wolfspeed Shares Tank On Heels Of Tesla SiC Cut Down, Analysts Focus On 200mm Delay
Thursday, April 27, 2023 - 10:56am | 462Shares of semiconductor maker Wolfspeed Inc (NYSE: WOLF) tanked in early trading on Thursday, adding to losses made on news of Tesla Inc’s (NASDAQ: TSLA) silicon-carbide (SiC) cut down. Here are some key analyst takeaways from the company’s fiscal third-quarter earnings call....
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6 Micron Technology Analysts Bullish On Q2 Earnings, But 1 Remains Bearish Over 'Demand Weakness'
Wednesday, March 29, 2023 - 11:49am | 759Shares of Micron Technology Inc (NASDAQ: MU) rose in premarket trading on Wednesday, even though the company reported disappointing earnings for the fiscal second quarter. Morgan Stanley On Micron Technology Analyst Joseph Moore maintained an Underweight rating and price target of $46. “The...
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Carnival Is Riding The Wave — Analyst Turns Bullish Despite 2023 Headwinds
Wednesday, March 29, 2023 - 10:30am | 294Shares of Carnival Corp (NYSE: CCL) spiked on Tuesday, after the company reported better-than-expected quarterly results. Although forex and fuel are likely to be a headwind for fiscal 2023 performance, volumes and pricing are tracking strongly above the 2019 levels, according to Susquehanna. The...
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Susquehanna Calls The Bottom On Semiconductor Stocks, Upgrades 3 Key Players
Thursday, March 16, 2023 - 11:36am | 432Susquehanna upgraded three major semiconductor stocks in a Thursday analyst note to investors, signaling a bottom for the semiconductor downcycle in the handset, PC, and consumer end markets. Analyst Christopher Rolland upgraded: Intel Corporation (NASDAQ: INTC) from a Negative to a Neutral rating...
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6 Marvell Technology Analysts On FQ4 Results: 'Near-Term Weakness, Long-Term Opportunity'
Friday, March 3, 2023 - 11:41am | 678Shares of Marvell Technology Inc (NASDAQ: MRVL) plunged in early trading on Friday, after the company reported its fourth-quarter results. KeyBanc Capital analyst John Vinh maintained an Overweight, while reducing the price target from $65 to $60. Needham analyst Quinn Bolton maintained a Buy...