Shares of semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT)
fell 11.7% in the morning session after the company issued disappointing financial guidance for the upcoming third quarter, which overshadowed its better-than-expected second-quarter results. The semiconductor equipment supplier reported second-quarter revenue of $7.30 billion and adjusted earnings per share (EPS) of $2.48, beating analysts' estimates.
Intel shares surged after-hours following reports of a potential Trump administration investment to revive its Ohio chip factory, as analysts weigh both the strategic boost and risks amid executive challenges and competitive pressures.
In a dynamic day for the financial markets, a select group of companies defied broader trends, experiencing significant surges in their stock prices and emerging as today's top gainers. NXP Semiconductors (NASDAQ: NXPI), Brinker International (NYSE: EAT), Gildan Activewear (NYSE: GIL), Sea Limited (NYSE: SE), On Holding AG (NYSE: ONON)
Qualcomm’s second quarter performance aligned with Wall Street’s revenue expectations but was met with a notable negative market reaction. Management attributed growth to strong execution in its automotive and Internet of Things segments, with each posting over 20% year-on-year gains. The handset business benefited from premium-tier launches and expanded collaborations, though management acknowledged a slightly weaker product mix compared to expectations. CEO Cristiano Amon emphasized the momentum in AI-powered devices, citing increased adoption of Snapdragon platforms in both smartphones and PCs. Despite these operational achievements, investor concerns were evident in the market’s response, reflecting a cautious outlook amid shifting end-market dynamics.
Wireless chipmaker Qualcomm (NASDAQ:QCOM) met Wall Street’s revenue expectations in Q2 CY2025, with sales up 10.3% year on year to $10.37 billion. The company expects next quarter’s revenue to be around $10.7 billion, coming in 0.8% above analysts’ estimates. Its non-GAAP profit of $2.77 per share was 2.1% above analysts’ consensus estimates.
The White House has announced a 90-day extension of its trade truce with China, a move that has temporarily defused escalating tensions and delayed the imposition of hefty tariffs. This widely anticipated decision has been met with a sigh of relief across global financial markets, easing widespread concerns about a
A number of stocks jumped in the afternoon session after the semiconductor sector rallied in intraday trading as a favorable inflation report bolstered investor hopes for a potential Federal Reserve interest rate cut. The latest Consumer Price Index (CPI) data showed a slowdown in inflation, fueling a broad market rally that pushed the S&P 500 and Nasdaq to new all-time highs. For the capital-intensive semiconductor industry, the prospect of lower interest rates is particularly welcome, as it can reduce borrowing costs for expansion and research and development. The positive macroeconomic sentiment provided a significant tailwind for the entire sector, as investors anticipate that a more accommodative monetary policy from the central bank will stimulate economic growth and demand for technology.
President Donald Trump's recent executive order, extending the 90-day pause on higher tariffs on Chinese imports, has sent a wave of relief across global financial markets. This crucial decision, pushing the tariff deadline to mid-November, is being widely interpreted as a significant de-escalation of trade war concerns, contributing positively to
The U.S. stock market is experiencing a significant surge, with major indices like the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite nearing or reaching all-time highs. This robust rally is primarily fueled by a potent combination of better-than-expected inflation data, which has rekindled optimism for potential
Peter Lynch’s strategy highlights QUALCOMM (QCOM) as a strong growth-at-a-fair-price stock with low PEG, high ROE, and solid financials—ideal for long-term investors.
Semiconductors are the picks and shovels of modern technology. Compute-intensive AI workloads are also priming them for the next wave of secular growth,
a trend that has supported the industry over the past six months as its 6.3% return has closely followed the S&P 500.
Stocks were higher for the week as investors overlooked tariff uncertainty, but the bulls may get tested by next week's data on inflation and retail sales
Warren Buffett's $66 billion stake in Apple just got a boost from their $100 billion U.S. investment. He's laughing at hedge funds and winning geopolitics.
