Morsa Images/DigitalVision via Getty Images CoreWeave’s ( CRWV ) share price dropped by more than 20% since my ‘Strong buy’ recommendation , and the major part of this drop is explained by the market’s reaction to the company’s Q3 earnings. It was a 16% one day crash explained by a weaker-than-expected revenue guidance for FY2025 as the management reduced their forecast due to delays at some of th...
Morsa Images/DigitalVision via Getty Images CoreWeave’s ( CRWV ) share price dropped by more than 20% since my ‘Strong buy’ recommendation , and the major part of this drop is explained by the market’s reaction to the company’s Q3 earnings. It was a 16% one day crash explained by a weaker-than-expected revenue guidance for FY2025 as the management reduced their forecast due to delays at some of the company’s data center projects. However, the reduced guidance was not that dramatic, approximately a $200 million decrease which doesn’t look material for a company with a $55 billion AI infrastructure deals backlog. Therefore, I think that the market overreacted, and it created new buying opportunities for CRWV bulls. Moreover, the company’s recent financial performance demonstrates strong unit economics despite aggressive investments in growth, which is vital for investors over the long haul. Moreover, a recent announcement of major expansion of CRWV’s partnership with Nvidia is a large validation victory for CoreWeave. Besides this recent development, the company’s validation loop looks very impressive with new large deals inked with major AI players like Meta and OpenAI. Until the company achieves bottom line profitability inflection, its valuation will always be a controversial topic. However, the company’s forecasted aggressive P/S ratio contraction appears to be an extremely bullish setup. Therefore, I am adding more CRWV shares and reiterate 'Strong buy' recommendation. Fundamental analysis The latest important information that we have on the company is the announcement of a large partnership expansion between CoreWeave and Nvidia, which includes not only additional $2 billion in investment but also collaboration to help accelerate the buildout of more than 5GW of AI factories by the end of this decade. First and foremost, having Nvidia in your corner ready to invest billions and its reputation in your projects is a huge validation victory for a young business. An...
Kana Design Image /iStock via Getty Images The dollar ( DXY ) is broadly firmer today, but it is mostly consolidating. The Japanese yen is a notable exception. The greenback reached JPY156.85, its best level since January 23 and does not look as if it has peaked. Sunday’s election is around the corner, and polls show Prime Minister Takaichi leading the LDP to a strong showing, where it may recaptu...
Kana Design Image /iStock via Getty Images The dollar ( DXY ) is broadly firmer today, but it is mostly consolidating. The Japanese yen is a notable exception. The greenback reached JPY156.85, its best level since January 23 and does not look as if it has peaked. Sunday’s election is around the corner, and polls show Prime Minister Takaichi leading the LDP to a strong showing, where it may recapture an outright majority. Earlier today, she warned that the Bank of Japan cannot be counted on to cap the rise in yields, as the cost may be to weaken the yen to an undesired extent. Meanwhile, the partial closure of the US government has ended, but the disruption of the economic data will still delay the January employment data that was due Friday. That may give the ADP private sector jobs estimate greater heft today. After the recent meltdown, gold and silver have found better footing and extended yesterday’s gain. Prices G10 • After holding Monday’s low (~$1.1770), the euro reached a marginal session high in North America yesterday near $1.1830. The euro rose to almost $1.1840 today to rise above the previous session’s high for the first time in six consecutive sessions. Soft final PMI data and an unexpected decline in core CPI seemed to cap the single currency ahead of $1.1850, where options for nearly 1.8 bln euros expire today. Initial support is in the $1.1780-1.1800 area. A break of $1.1760 could signal the next leg lower. • The dollar reached a seven-session high against the yen in North America yesterday, slightly north of JPY156. Follow-through buying today lifted the greenback to JPY156.80 today, through the technical retracement objective JPY156.50 and the 20-day moving average (~JPY156.60) for the first time since January 23. The next area of chart resistance may be in the JPY157.40-50 area. • Sterling traded inside Monday’s range (~$1.3625-1.3715) yesterday. It edged up to almost $1.3735 today, which corresponds to the halfway mark of the decline from the Jan...
United Nations Warns That It's Going Broke Without US Financial Support Officials at the United Nations are pleading for relief this week after admitting that the premier globalist organization is going broke because of US cuts and changes to their budgeting rules which require them to pay back some "unspent funds". Unpaid dues from member states are also building. As the Trump administration slas...
United Nations Warns That It's Going Broke Without US Financial Support Officials at the United Nations are pleading for relief this week after admitting that the premier globalist organization is going broke because of US cuts and changes to their budgeting rules which require them to pay back some "unspent funds". Unpaid dues from member states are also building. As the Trump administration slashes support over criticism that the U.N. has failed to promote U.S. interests, the United Nations is warning it could face a cash crisis by July. U.N. Secretary-General António Guterres warns that outstanding dues reached a record $1.568 billion at the end of 2025 and that collections covered only 76.7% of assessed contributions, leaving the organization dangerously exposed. Unless collections "drastically improve," the secretary-general warned, the U.N. will not be able to fully implement its 2026 budget and could face a liquidity crisis by mid-year. In 2024, US taxpayers funded around 25% of the United Nations core budget and peacekeeping operations, along with 40% of all humanitarian assistance. As with the revelations surrounding institutions like USAID and NATO, when we look at the raw financial data for the UN we find that Americans have been paying for the rest of the world for quite some time and without US cash the house of cards quickly starts to fall apart. Furthermore, taxpayer dollars have been flowing into organizations and countries that are explicitly hostile to US values and constitutional freedoms. In January 2026, the United States formally withdrew from the World Health Organization and began exiting dozens of international bodies, including multiple U.N. entities, citing misalignment with American priorities. The funding squeeze has already forced the United Nations to tighten spending across several agencies. Reports show that U.N. bodies, including the World Food Programme and refugee agencies, are preparing layoffs and program reductions as overall c...
While AMD CEO Lisa Su stated during 3rd quarter (Q3) 2025 earnings call that its deal with OpenAI – a mirroring of the web of deals that Nvidia had made into the AI ecosystem – could generate more than $100 billion in revenue for the company, this doesn’t seem quite as evident at least for now.Trend Analysis In the final quarter of FY 2025, AMD largely maintains revenue trends estimated via the Q3...
While AMD CEO Lisa Su stated during 3rd quarter (Q3) 2025 earnings call that its deal with OpenAI – a mirroring of the web of deals that Nvidia had made into the AI ecosystem – could generate more than $100 billion in revenue for the company, this doesn’t seem quite as evident at least for now.Trend Analysis In the final quarter of FY 2025, AMD largely maintains revenue trends estimated via the Q3 2025 results while delivering some pretty solid gains in diluted earnings per share (EPS). Source: Company Information; Leverage Shares analysis The “top line” (i.e. revenue) results were achieved largely by the acceleration of sales to datacentres in Q4 2025. In Q3 2025, this segment was supposed to deliver a relatively modest 18% growth. By the end of FY 2025, this segment went on to deliver nearly twice the estimate – at 32% – for the entire year. Around 1% of FY 2025’s revenue (and about 7% of Q4 2025’s “Data Center” segment revenue) was as a result of the Trump administration permitting the export of hitherto-restricted AMD Instinct MI308 GPUs to China in July 2025. AMD thus benefited from an approximate $360 million release of inventory and related charges to recognize revenue of approximately $390 million. The release of inventory charges plus the modest improvement in operating income growth in the “Client and Gaming” segment, which went from a trend of 138% growth as of Q3 2025 to 141% for FY 2025, can be considered to have supported the outperformance in diluted EPS growth trend over the past quarter. On the other hand, “embedded” revenue showed a slight acceleration in loss of growth from 2% in Q2 2025 trends to 3% by the end of FY 2025. While the “Data Center” segment did push its revenue growth trend up from the estimated 19% in Q3 2025 to a respectable 32%, the most resilient driver of both top and bottom line has been the “Client and Gaming” segment, i.e. its historical mainstay from before the AI Boom. In segment-wise revenue share trends, a substantial upt...
This article first appeared on GuruFocus. Renewed volatility linked to artificial-intelligence disruption has prompted a sharp shift in investor positioning, following a roughly $285 billion global selloff in AI-sensitive stocks. US equity futures stabilized after the move, with S&P 500 futures up 0.1% and Nasdaq 100 (NASDAQ:QQQ) contracts little changed ahead of Alphabet (NASDAQ:GOOG) earnings. T...
This article first appeared on GuruFocus. Renewed volatility linked to artificial-intelligence disruption has prompted a sharp shift in investor positioning, following a roughly $285 billion global selloff in AI-sensitive stocks. US equity futures stabilized after the move, with S&P 500 futures up 0.1% and Nasdaq 100 (NASDAQ:QQQ) contracts little changed ahead of Alphabet (NASDAQ:GOOG) earnings. The pullback appeared to accelerate a rotation toward smaller, more economically leveraged shares, as investors reassessed exposure to large-cap technology amid fresh concerns tied to automation. In Europe, equity markets were broadly steady, but leadership diverged sharply. Energy shares outperformed as rising crude prices supported the sector, while technology lagged, weighed down by software names including RELX (NYSE:RELX) and SAP (NYSE:SAP). Novo Nordisk (NYSE:NVO) fell 18% after issuing a weaker sales outlook, adding to pressure on the regional healthcare complex. Elsewhere, gold reclaimed the $5,000-an-ounce level, while the dollar and US Treasuries were little changed, suggesting investors may be rotating within risk assets rather than exiting markets altogether. The latest bout of selling was triggered by the launch of a new automation tool from Anthropic, with losses spilling beyond technology into financial services and asset managers. Mohit Kumar of Jefferies International said the firm has been allocating away from US tech, arguing that small caps could outperform in coming quarters as regulatory and macro conditions potentially support a broader rally. In commodities, oil extended gains for a second day after the US downed an Iranian drone in the Arabian Sea, lifting Brent to around $68 a barrel, while bitcoin hovered near $76,000 and the yen weakened amid expectations of an election victory for Japan's Liberal Democratic Party under Prime Minister Sanae Takaichi.
Anne Czichos Chipotle Mexican Grill ( CMG ) traded lower in the premarket session on Wednesday as investors sized up the fourth-quarter earnings disappointment. CEO Scott Boatwright pointed to a "dynamic consumer backdrop" after the company reported a comparable sales decline for Q4 and guided for flat comparable restaurant sales for the full year. TD Cowen analyst Andrew Charles said the firm is ...
Anne Czichos Chipotle Mexican Grill ( CMG ) traded lower in the premarket session on Wednesday as investors sized up the fourth-quarter earnings disappointment. CEO Scott Boatwright pointed to a "dynamic consumer backdrop" after the company reported a comparable sales decline for Q4 and guided for flat comparable restaurant sales for the full year. TD Cowen analyst Andrew Charles said the firm is incrementally encouraged on Chipotle ( CMG ) as it believes management "took their medicine" with a truly conservative stance to 2026 same-store sales guidance that was lacking in 2025's negative sales revisions that didn't provide enough room to beat. "This was reinforced with improving monthly trends through 4Q and in Jan., even including the impact of Fern," he highlighted. RBC Capital Markets analyst Logan Reich said the firm is buyers on any share price weakness due to the Chipotle ( CMG ) guidance seen as being conservative, thus allowing for upward estimate revisions. The restaurant company's same-store sales are expected to accelerate through the year, which Reich said makes the risk-reward profile skew positively. Morgan Stanley analyst Brian Harbour and his team's view is that Chipotle's ( CMG ) value proposition is intact and brand perception is good, so evolution at the margin to rewards, menu, and marketing is seen as being effective. "If that happens and shows in sales this year, we think the stock ends up in a better spot as '27+ comes into view," he advised. Evercore ISI analyst David Palmer also found reasons to be positive on Chipotle ( CMG ). He outlined reasons to be confident in improving transaction growth through 2026, including the recent underlying performance improvement, the launch of Chicken Al Pastor next week, incremental consumer stimulus after tax season, the rollout of the high-efficiency equipment package to 2,000 stores by year-end, and potential athlete tie-ins in the Winter Olympics and the World Cup. Shares of Chipotle ( CMG ) were down...
Johnson Controls International Plc sees its adjusted earnings per share rising at the fastest pace in a decade after strong quarterly order growth. The HVAC company raised its adjusted EPS outlook for the year to about $4.70 from about $4.55, according to a statement Wednesday. That’s better than Wall Street’s average estimate of $4.62. Orders in its first quarter grew 39% organically, more than d...
Johnson Controls International Plc sees its adjusted earnings per share rising at the fastest pace in a decade after strong quarterly order growth. The HVAC company raised its adjusted EPS outlook for the year to about $4.70 from about $4.55, according to a statement Wednesday. That’s better than Wall Street’s average estimate of $4.62. Orders in its first quarter grew 39% organically, more than double the rate a year earlier. That was driven by higher demand in the Americas and strength in its systems business, which includes commercial heating, ventilating, and air conditioning equipment. “Our nearly 40% order growth highlights strong customer demand in our core end markets,” Chief Executive Officer Joakim Weidemanis said.
Analysts across Wall Street remained largely neutral on Advanced Micro Devices despite its latest earnings beat , citing brewing concerns around the chipmaker's overall profitability. In its fourth quarter, AMD reported earnings of $1.53 per share, exceeding the $1.32 analysts polled by LSEG had penciled in. The firm's $10.27 billion revenue also came in above the expected $9.67 billion. AMD also ...
Analysts across Wall Street remained largely neutral on Advanced Micro Devices despite its latest earnings beat , citing brewing concerns around the chipmaker's overall profitability. In its fourth quarter, AMD reported earnings of $1.53 per share, exceeding the $1.32 analysts polled by LSEG had penciled in. The firm's $10.27 billion revenue also came in above the expected $9.67 billion. AMD also guided for first-quarter revenue of $9.8 billion, plus or minus $300 million. Again, this was above the $9.38 billion consensus estimate. Still, shares of AMD plummeted 9% in Wednesday's premarket session as analysts expressed worries that the company does not have enough to show for its high spending, as its outsized operating expenditures, or opex, have continued to weigh down profitability. JPMorgan analyst Harlan Sur pointed out that AMD's operating expense was $200 million higher than guidance, marking several quarters of the company "overshooting expenses." "Though Mar-Qtr guidance was also better than expected, the extent to which AMD is able to generate operating leverage remains in question and likely represents an overhang on the stock until this can be satisfactorily demonstrated (most likely 2H26), especially in light of risk to gross margins with the upcoming ramp of MI450/Helios later this year," Sur wrote. "The opex ramp is starting to become a bit tiresome (we get the need for spending but execution against spending guidance has been lackluster...)," Bernstein's Stacy Rasgon added. Goldman Sachs analyst James Schneider also called out AMD's higher-than-expected opex guidance. "We expect the stock to trade down following a strong revenue quarter and guidance driven by upside in the Datacenter segment, offset by significantly higher-than-expected OpEx guidance," he wrote. However, UBS analyst Timothy Arcuri, who remains one of the most bullish on the Street, believes that investors may be blowing their concerns way out of proportion. "Sustained periods of beat...
Colliers ( CIGI ) Wednesday said that the U.S. division of its engineering segment has acquired Ramos Consulting Services, a California -based provider of program management, construction management, and engineering services for major public transit projects. The addition of Ramos CS enhances Colliers Engineering’s capabilities in one of the most active transit markets in the United States . Terms...
Colliers ( CIGI ) Wednesday said that the U.S. division of its engineering segment has acquired Ramos Consulting Services, a California -based provider of program management, construction management, and engineering services for major public transit projects. The addition of Ramos CS enhances Colliers Engineering’s capabilities in one of the most active transit markets in the United States . Terms of the transaction were not disclosed. More on Colliers International Group Inc. Colliers International Group Inc. 2025 Q3 - Results - Earnings Call Presentation Seeking Alpha’s Quant Rating on Colliers International Group Inc. Historical earnings data for Colliers International Group Inc. Dividend scorecard for Colliers International Group Inc. Financial information for Colliers International Group Inc.
(RTTNews) - Fortive Corporation (FTV) reported earnings for fourth quarter of $191.5 million The company's bottom line came in at $191.5 million, or $0.60 per share. This compares with $193.2 million, or $0.56 per share, last year. Excluding items, Fortive Corporation reported adjusted earnings of $288.9 million or $0.90 per share for the period. The company's revenue for the period rose 4.6% to $...
(RTTNews) - Fortive Corporation (FTV) reported earnings for fourth quarter of $191.5 million The company's bottom line came in at $191.5 million, or $0.60 per share. This compares with $193.2 million, or $0.56 per share, last year. Excluding items, Fortive Corporation reported adjusted earnings of $288.9 million or $0.90 per share for the period. The company's revenue for the period rose 4.6% to $1.122 billion from $1.073 billion last year. Fortive Corporation earnings at a glance (GAAP) : -Earnings: $191.5 Mln. vs. $193.2 Mln. last year. -EPS: $0.60 vs. $0.56 last year. -Revenue: $1.122 Bln vs. $1.073 Bln last year. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Check out the companies making headlines before the bell. Super Micro Computer — Shares jumped 10% as strong demand for Super Micro's AI-optimized servers helped fiscal second-quarter results top expectations and prompted the company to raise its annual revenue forecast. Super Micro earned 69 cents per share on an adjusted basis, soundly outpacing the second-quarter consensus estimate of 49 cents ...
Check out the companies making headlines before the bell. Super Micro Computer — Shares jumped 10% as strong demand for Super Micro's AI-optimized servers helped fiscal second-quarter results top expectations and prompted the company to raise its annual revenue forecast. Super Micro earned 69 cents per share on an adjusted basis, soundly outpacing the second-quarter consensus estimate of 49 cents per share, per LSEG. Revenue of $12.68 billion, topped the $10.23 billion estimate. The company anticipates fiscal 2026 revenue will be at least $40 billion, which compares with a $36.09 billion estimate. Silicon Laboratories — Shares surged 52% after The Financial Times reported Texas Instruments had agreed to purchase chip designer Silicon Laboratories for $7.5 billion amid ongoing consolidation in the semiconductor industry. Eli Lilly — The drugmaker's stock rose nearly 7% after it posted higher-than-expected results on its top and bottom lines for the fourth quarter. The company also issued full year guidance for non-GAAP earnings of between $33.50 and $35 per share excluding some items, topping analysts' consensus estimate of $33.04, per FactSet. It is also forecasting revenue of $80-$83 billion by the end of 2026 versus analysts' expectations of $77.64 billion. Uber — The stock shed 8% after the ridesharing app issued light guidance for the current quarter. Uber forecast adjusted earnings of 65 cents to 72 cents for the first quarter, compared to a consensus estimate of 79 cents via FactSet. Also in prepared remarks, the rideshare company's leadership cautioned investors that its autonomous vehicle efforts are likely to remain "a very small portion of the rideshare category for many years to come" amid ongoing technological and regulatory challenges. Uber beat the Street's expectations on its revenue and earnings for the fourth quarter. Boston Scientific — Shares fell 10% after the medical technology firm issued lackluster guidance for the full year. The company forec...
Daikin Industries,Ltd. press release ( DKILY ): Q3 GAAP EPS of ¥ 195.40. Revenue of ¥ 3.66B. More on Daikin Industries,Ltd. Daikin Industries: Great Business, Challenging Times Seeking Alpha’s Quant Rating on Daikin Industries,Ltd. Historical earnings data for Daikin Industries,Ltd. Dividend scorecard for Daikin Industries,Ltd. Financial information for Daikin Industries,Ltd.
Daikin Industries,Ltd. press release ( DKILY ): Q3 GAAP EPS of ¥ 195.40. Revenue of ¥ 3.66B. More on Daikin Industries,Ltd. Daikin Industries: Great Business, Challenging Times Seeking Alpha’s Quant Rating on Daikin Industries,Ltd. Historical earnings data for Daikin Industries,Ltd. Dividend scorecard for Daikin Industries,Ltd. Financial information for Daikin Industries,Ltd.
(RTTNews) - On a lean day of economic announcements, investors might be focusing on earnings as well as the geopolitical developments on Wednesday. The Violent riots in the U.K. as well as the Middle East crisis are getting attention globally. In the Asian trading session, the dollar held steady. Oil prices fluctuated on an unexpected inventory build, countering global oil supply concerns. Early t...
(RTTNews) - On a lean day of economic announcements, investors might be focusing on earnings as well as the geopolitical developments on Wednesday. The Violent riots in the U.K. as well as the Middle East crisis are getting attention globally. In the Asian trading session, the dollar held steady. Oil prices fluctuated on an unexpected inventory build, countering global oil supply concerns. Early trends on the U.S. Futures Index suggest that Wall Street might open positive. Asian shares finished mostly up, while European shares are trending higher. As of 8.10 am ET, the Dow futures were up 288.00 points, the S&P 500 futures were adding 56.50 points and the Nasdaq 100 futures were progressing 238.50 points. The major averages all closed on a firm note. The Dow ended up 294.39 points or 0.76 percent at 38,997.66. The S&P 500 closed up by $53.70 points or 1.04 percent at 5,240.03, while the Nasdaq settled higher by 166.77 points or 1.03 percent at 16,366.85. On the economic front, the Energy Information Administration or EIA's Petroleum Status Report for the week will be issued at 10.30 am ET. In the prior week, the crude oil inventories were down 3.4 million barrels and the gasoline inventories were down 3.7 million barrels. The 4-month Treasury bill auction will be held at 11.30 am ET. Ten-year Treasury Note Auction will be held at 1.00 pm ET. The Fed's Consumer Credit for June will be released at 3.00 pm ET. Asian stocks advanced on Wednesday. China's Shanghai Composite index finished marginally higher at 2,869. Hong Kong's Hang Seng index climbed 1.38 percent to 16,877.86. Japanese markets rose for a second day. The Nikkei average ended the session up 1.19 percent at 35,089.62. The broader Topix index settled 2.26 percent higher at 2,489.21. Australian stocks extended gains. The benchmark S&P/ASX 200 inched up 0.25 percent to 7,699.80 while the broader All Ordinaries index closed up 0.29 percent at 7,913.10. European shares are trading higher. CAC 40 of France is ga...
TLDR Amazon reports Q4 2025 earnings Thursday after market close with analysts projecting $1.97 EPS and $211.44 billion revenue Company has beaten earnings forecasts eight consecutive quarters and missed revenue estimates once in two years UBS targets $311 citing AWS doubling potential by 2028, Citizens JMP at $315 on Anthropic partnership, Evercore ISI at $335 Wall Street shows 35 Buy ratings and...
TLDR Amazon reports Q4 2025 earnings Thursday after market close with analysts projecting $1.97 EPS and $211.44 billion revenue Company has beaten earnings forecasts eight consecutive quarters and missed revenue estimates once in two years UBS targets $311 citing AWS doubling potential by 2028, Citizens JMP at $315 on Anthropic partnership, Evercore ISI at $335 Wall Street shows 35 Buy ratings and one Hold with average price target of $298.53 indicating 25% upside AWS capital spending expected to reach $344 billion through 2027 as cloud segment doubles capacity Amazon unveils its fourth-quarter fiscal 2025 results after trading ends Thursday, February 5. Analysts expect strong performance across cloud computing, advertising, and e-commerce operations. Amazon.com, Inc., AMZN Wall Street forecasts earnings per share of $1.97 for the quarter. Revenue is projected to reach $211.44 billion, representing 12.6% year-over-year growth. The company enters the report with momentum after beating earnings expectations eight straight quarters. Over the past two years, Amazon missed revenue estimates just once. The company has exceeded top-line forecasts by an average of 1.1% during this period. Analyst Price Targets Climb Higher UBS analyst Stephen Ju increased his price target from $310 to $311. The new target suggests 30.3% upside from current levels. Ju raised his AWS revenue and capital expenditure projections, pushing total capex estimates through late 2027 to $344 billion. The analyst believes AWS capacity will double by 2027. He sees shares as undervalued given AWS revenue could potentially double by 2028, adding approximately $20 billion in extra cash flow. Citizens JMP analyst Andrew Boone lifted his target from $300 to $315, implying 32% upside. Boone referenced reports showing Anthropic raised its 2026 revenue forecast to at least $17 billion. Amazon serves as Anthropic’s main computing partner. Anthropic plans to spend around $7 billion on inference and over $12 billi...
The U.S. Department of Justice filed an appeal on Tuesday in response to a ruling that did not mandate Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google to sell off its Chrome browser or terminate its profitable agreement with Apple Inc. (NASDAQ:AAPL) as the default search engine on new devices. In a post on X on late Tuesday, the DOJ Antitrust Division announced, "Today, the DOJ Antitr...
The U.S. Department of Justice filed an appeal on Tuesday in response to a ruling that did not mandate Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google to sell off its Chrome browser or terminate its profitable agreement with Apple Inc. (NASDAQ:AAPL) as the default search engine on new devices. In a post on X on late Tuesday, the DOJ Antitrust Division announced, "Today, the DOJ Antitrust Division filed notice that it will cross-appeal from the remedies decisions in its case against Google's unlawful monopolization of internet search and search advertising." DOJ Sought Chrome Sale, AdX Changes Alphabet is set to report its fourth-quarter earnings after the bell on Wednesday. Benzinga's Edge Rankings place Google in the 93rd percentile for quality and the 92nd percentile for momentum, reflecting its strong performance in both areas. Benzinga’s screener allows you to compare Google’s performance with its peers. Price Action: Over the past year, Alphabet stock surged 64.03%, as per data from Benzinga Pro. On Tuesday, the stock edged 1.22% lower to close at $340.70. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo Courtesy: Hadrian On Shutterstock
Texas Instruments has agreed a deal to buy chip designer Silicon Laboratories for $7.5bn as a wave of consolidation sweeps across the Upgrade to read this Financial Times article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Texas Instruments has agreed a deal to buy chip designer Silicon Laboratories for $7.5bn as a wave of consolidation sweeps across the Upgrade to read this Financial Times article and get so much more. A Silver or Gold subscription plan is required to access premium news articles.
Key Stats for AMD Stock Pre-market Price change for AMD stock: -9% -9% $AMD Share Price as of Feb. 3: $242 $242 52-Week High: $267 $267 $AMD Stock Price Target: $289 Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>> What Happened? Advanced Micro Devices (AMD) stock is down over 9% in pre-market after the chipmaker issued first-quarte...
Key Stats for AMD Stock Pre-market Price change for AMD stock: -9% -9% $AMD Share Price as of Feb. 3: $242 $242 52-Week High: $267 $267 $AMD Stock Price Target: $289 Now Live: Discover how much upside your favorite stocks could have using TIKR’s new Valuation Model (It’s free)>>> What Happened? Advanced Micro Devices (AMD) stock is down over 9% in pre-market after the chipmaker issued first-quarter guidance that fell short of the highest analyst expectations. The sell-off came despite AMD reporting strong fourth-quarter results that topped estimates across the board. AMD posted fourth-quarter revenue of $10.27 billion, beating consensus estimates of $9.67 billion. The company guided for first-quarter revenue of $9.8 billion, plus or minus $300 million, which was above the $9.38 billion consensus. However, some analysts had expected even stronger guidance given the ongoing AI chip spending boom. The disconnect came down to the details. AMD disclosed that it shipped approximately $390 million in MI308 chips to China in the fourth quarter, revenue not included in prior guidance. When you back out those unexpected China sales, the beat looked far less impressive. “First, expectations were pretty sky high,” said Chris Rolland, an analyst at Susquehanna, on CNBC’s “Closing Bell Overtime.” “Secondly, they announced they shipped Chinese revenue in the quarter that was unexpected. This was not in street numbers, so when you account for that, the beat was far less substantial than we would’ve thought.” AMD Q4 Earnings vs. Estimates (TIKR) For Q1, AMD expects another $100 million in China revenue from MI308 sales but does not forecast any additional China revenue beyond that, given the dynamic regulatory environment. The company is still waiting for licenses to ship its newer MI325 chips to Chinese customers. AMD stock has surged more than 100% in the past year on rising AI demand. The chipmaker, which competes directly with Nvidia in the AI accelerator market, is positioning ...