Chip giant AMD (AMD) reported its first quarter earnings on Tuesday beating analysts’ expectations on the top and bottom lines, but lighter-than-anticipated guidance for the current quarter sent the stock lower. AMD’s announcement follows rival Intel’s own disappointing report last week in which it posted a lower than anticipated revenue outlook for its current quarter. […]
Analysts Are Boosting Price Targets On These Oil and gas Stocks. Is It Time To Lock In The Dividend At Current Prices? Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. The energy sector has been a standout performer in recent years, with many oil and gas […]
Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor during a keynote address at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019. Steve Marcus | Reuters AMD reported first-quarter earnings and sales on Tuesday that were slightly ahead of Wall Street expectations, and provided an in-line forecast for […]
Sopa Images | Lightrocket | Getty Images Shares of Pinterest popped 18% in extended trading Tuesday after the company reported first-quarter results that beat analysts’ estimates and showed its fastest revenue growth since 2021. Here’s how the company did, compared to LSEG analyst expectations: Earnings per share: 20 cents adjusted vs. 13 cents expected Revenue: […]
(Adds shares, background, details in paragraph 2-7) April 30 (Reuters) – Super Micro Computer forecast fourth-quarter revenue above estimates on Tuesday as it expects continued demand for its servers used in artificial intelligence applications. Super Micro’s in-house liquid cooling solutions for servers have helped it get products to the market quicker than its competitors, who […]
Home prices in February rose at the fastest clip since November 2022, according to national home price data released Tuesday. Prices nationwide rose 6.4% over the same month last year, the S&P CoreLogic Case-Shiller Home Price Index showed. “Following last year’s decline, U.S. home prices are at or near all-time highs,” Brian Luke, head of […]
Shares of Canadian cannabis companies Tilray Brands (NASDAQ: TLRY), Canopy Growth Company (NASDAQ: CGC), Cronos Group (NASDAQ: CRON), and SNDL (NASDAQ: SNDL) exploded higher on Tuesday, rallying 41.7%, 67.5%, 15.7%, and 24.4%, respectively, as of 3:18 PM EDT. It wasn’t hard to figure out why cannabis stocks had across-the-board rallies today: The U.S. Drug Enforcement […]
Amazon (AMZN) reported first quarter earnings that topped Wall Street estimates on the top and bottom lines, sending shares of the retail giant up as much as 5% in after hours trading. Powered by a strong showing from its cloud computing segment, Amazon continued a wave of Big Tech results that have mostly wowed Wall […]
By Akash Sriram and Stephen Nellis (Reuters) -Artificial intelligence server maker Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by a shortage of some crucial components and questions over the profitability of a new line of servers. Shares of Super Micro, which have more than tripled in value so far this year, […]
By Akash Sriram and Stephen Nellis (Reuters) -Artificial intelligence server maker Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by a shortage of some crucial components and questions over the profitability of a new line of servers. Shares of Super Micro, which have more than tripled in value so far this year, […]
(Reuters) -Artificial intelligence server maker Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by a shortage of some crucial components and questions over the profitability of a new line of servers. Shares of Super Micro, which have more than tripled in value so far this year, were down 10% in pre-trading on […]
An Amazon contract worker stacks packages onto a luggage cart outside an apartment building in New York, US, on Tuesday, April 16, 2024. Angus Mordant | Bloomberg | Getty Images Amazon reported 24% growth in its advertising unit on Tuesday, the latest sign that the digital ad market is continuing its rebound. Ad revenue climbed […]
