For the first quarter, the firm expects revenue of $2.485 billion—$2.510 billion, which falls short of an analyst estimate of $2.568 billion. Adjusted EPS is expected to come in at $1.17-$1.22, lower than a Street estimate of $1.36.
Analysts at BofA said that they expect LSCC to outperform the broader market during the first quarter, but tempered the company’s growth estimates to 19%, as compared to management expectations of 25%.
Cardano surged after Grayscale applied to list an ADA ETF, but regulatory uncertainty remains as the SEC previously classified the cryptocurrency as a security in lawsuits against Coinbase and Binance.
Tigress Financial’s Ivan Feinseth said Meta’s tremendous artificial intelligence opportunities focus on personalized AI-driven functionality across its platform of apps.
According to a Bloomberg report, David Solomon stated that the market is undervaluing the bank’s trading unit and urged investors to consider a longer-term view of the business.
After tumbling to a two-year low on Monday, ON Semiconductor shares bounced back slightly, though analysts warn of prolonged demand weakness and potential market share losses.
The brokerage has a neutral take on Okta appointing Eric Kelleher as its president and COO, noting that while consistency will matter for the company, investors would have welcomed an outside perspective.
Apple rolled out its AI features, which it calls Apple Intelligence, in the U.S. in December, and these features are expected to expand to more geographies by April.
Although there is a lot of talk about the impact of President Donald Trump’s tariff impositions, Powell refrained from talking about the subject in his remarks before the Senate Banking Committee.
Jefferies described Q4 as a solid finish to a strong year for Shopify, attributing the stock's decline to lofty expectations and a rich valuation rather than any fundamental weakness.
Analysts say Musk's political involvement risks alienating consumers and employees, particularly as the Trump administration exerts increasing influence.
Wedbush’s Daniel Ives said “seeds of growth” are now in place for an important second half amid the threat of elevated and sophisticated cyber threat activity.
Retail will be watching for updates on the semiconductor tech firm’s declining operating costs, new clients and funding strategy for the coming quarter.
The company highlighted that the Mako spacecraft for the Tetra-5 and Tetra-6 missions will be the first satellite in geosynchronous orbit (GEO) to be refueled and demonstrate compatibility with multiple refueling mechanisms.
DuPont benefited from the growing semiconductors market. Its electronics and industrial unit posted a 10.6% year-on-year growth in sales, compared to a 6.4% increase in the water and protection business.
Citi raised the firm's price target on Rockwell Automation to $350 from $345 while maintaining a ‘Buy’ rating on the shares. Wells Fargo raised the target to $337 from $315 while maintaining an ‘Overweight’ rating on the shares.
TSMC highlighted that the 6.4-magnitude earthquake that hit Taiwan in January cost the company about $161 million in estimated losses. However, it disclosed that none of its factories had sustained any structural damages.
Revenue rose 10% year-over-year to $4.37 billion compared to a Wall Street estimate of $4.13 billion, according to FinChat. This was driven by strong demand across all customer segments, especially for managed health services.
The London-headquartered company entered into an agreement in 2023 with Cantor Fitzgerald & Co. to sell equity worth up to $100 million through an at-the-money program.
Incoming CEO Joakim Weidemanis held several executive leadership roles over his 13-year career at Danaher Corporation and most recently served as Executive Vice President of Diagnostics and China at Danaher.
Retail investors on Stocktwits debated whether GameStop’s latest stock rally is driven by genuine crypto ambitions or mere speculation following Ryan Cohen’s recent meeting.
Post Hotard’s departure, Intel’s AI business will be headed by Karin Eibschitz Segal in the interim as the company looks for a full-time replacement. Segal has recently led Intel’s Validation Engineering department.
Revenue rose nearly 7% year-over-year (YoY) to $4.55 billion during the quarter, while net income fell to $187 million compared to $446 million in the same quarter a year ago.
The drug, a proprietary encapsulated form of rapamycin, is being developed for familial adenomatous polyposis (FAP), a condition that, if left untreated, universally leads to colorectal cancer.
The tech firm’s pivot to digital assets drew mixed reactions, as its stock continues to hover near record lows following a 99.6% decline over the past year.
Argus notes that Nvidia’s AI chips are unmatched by competitors – the Jensen Huang-led company capitalized on its first-mover advantage to become the primary provider to major AI and cloud service providers.
According to a Barron’s report, the CFO also said that the strength of the U.S. dollar is a headwind to the firm’s growth, noting that the dollar is a bit stronger now than in late December.
The prospect of new trade restrictions has heightened concerns about inflation and potential trade wars, fueling demand for gold, traditionally seen as a hedge against economic and geopolitical instability.
According to a TechCrunch report, Japanese conglomerate Marubeni will own and finance the Mobileye-equipped vehicles that will reflect on Lyft’s ride-hailing app.
Cloudflare's fourth-quarter earnings beat analyst estimates, and despite a conservative outlook for fiscal 2025, brokerages have updated their price targets higher.
Cleveland-Cliffs’ stock surge follows optimism around U.S. President Trump’s protectionist trade policies that could shield U.S. steelmakers from foreign competition.
This comes after Strategy’s fourth-quarter results – the Michael Saylor co-founded company posted a wider-than-expected loss during this period at $3.03 per share versus an estimated EPS of $0.50.
The firm expects rent inflation to increase just one basis point in January with a 0.32% month-over-month print. Hotels, medical services, and car insurance are expected to accelerate, boosting core services ex-housing, it said.
With Amazon's exclusivity period now over, Rivian said it has been trialing the commercial van with several large fleets and refining its fleet management process.
CEO Hassane El-Khoury sought to reassure investors, emphasizing that ON Semiconductor remains structurally resilient despite current market volatility.
TSEM noted that it has stopped discontinued production of chips using the legacy and lower margin Fab 1 process – it has moved to the higher margin Fab 2 process now.
Under the settlement terms, Teva will receive a license to sell a generic version of Auvelity starting March 31, 2039, if pediatric exclusivity is granted.
