Jul 1, 2022
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The Dow is Taking a Dip Along With These Doosies
Shares of Altice USA, Inc. (ATUS) opened at $25.75 and are currently trading at $25.56. More than 41,446,099 shares exchanged hands compared to an average daily volume of 5,021,793 shares. At the current pps, the market capitalization stands at 21.093B. Analyst are currently predicting a target of $34.23 for Altice USA, Inc. ALTICE USA REPORTS THIRD QUARTER 2019 RESULTS Shares of Chesapeake Energy Corporation (CHK) opened at $1.2900 and last traded at $0.88. More than 296,522,895 shares exchanged hands compared to an average daily volume of 58,922,466 shares. At the current pps, the market capitalization stands at $1.527B. Chesapeake Energy Corporation Reports 2019 Third Quarter Financial And Operational Results, Maintains 2019 Guidance And Announces Plans To Reduce 2020 Capital Budget Shares of Uber Technologies, Inc. (UBER) opened at $26.06 and last traded at $27.05. More than 116,012,275 shares exchanged hands compared to an average daily volume of 11,213,376 shares. At the current pps, the market capitalization stands at $46.348B. The Klein Law Firm Reminds Investors of Class Actions on Behalf of Shareholders of MGNX, TME and UBER Shares of Advanced Micro Devices, Inc. (AMD) opened at $36.06 and last traded at $35.98. More than 44,872,598 shares exchanged hands compared to an average daily volume of 57,541,275 shares. At the current pps, the market capitalization stands at $37.394B. AMD Announces Upcoming Investment Community Events Shares of Micron Technology, Inc. (MU) opened at $48.15 and last traded at $47.65. More than 16,800,206 shares exchanged hands compared to an average daily volume of 20,945,258 shares. At the current pps, the market capitalization stands at $52.596B. Micron Technology Announces Upcoming Investor Event Read the full article
G20 truce does not guarantee long-term growth prospects for chipmakers
G20 truce does not guarantee long-term growth prospects for chipmakers
Semiconductor stocks had a roll earlier this week after President Donald Trump and Chinese counterpart Xi Jinping managed to come close to a common ground at the G20 summit in Japan. Both the leaders promised to resume the trade talks, though the tariffs were not lifted.
The US also temporarily removed the blacklisting on Chinese telecommunication equipment company Huawei. Semiconductor…
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Earnings: Micron to report Q3 results after closing bell
Earnings: Micron to report Q3 results after closing bell
After the dismal performance in the February quarter, Chipmaker Micron Technologies (MU) will be publishing third-quarter results in a short while from now. Analysts are predicting another disappointing quarter, with a 39% decline in sales to $4.77 billion and 74% fall in earnings to 83 cents per share.
While releasing the previous earnings report, the management had guided third-quarter…
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Micron Q3 earnings preview: All eyes on demand recovery
Micron Q3 earnings preview: All eyes on demand recovery
In March, Micron (NASDAQ: MU) had reported disappointing quarterly results, where revenues fell 20% and earnings plunged 40%. The declines were driven by worse-than-expected pricing trends in DRAM and NAND, seasonality as well as investor adjustments by some important customers.
The company had also announced third-quarter guidance below the street view, which sent the stock into the red…
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Tech stocks bounce back on trade hopes, favorable Fed stance
Tech stocks bounce back on trade hopes, favorable Fed stance
A few months after the tech sector was battered by the biggest selloff in recent times, most technology stocks are currently on the recovery path. Reflecting the positive momentum, the information technology index of S&P 500 closed higher for the fifth consecutive day on Wednesday after its major components bounced back from the early selling.
The quick recovery has come as a surprise to many and…
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Micron stock spikes even as semiconductor recovery gathers steam
Micron stock spikes even as semiconductor recovery gathers steam
The steady improvement in the performance of Micron (MU) shares since the beginning of the year, after staying in the bear market territory for several months, could be seen as an indication that the pricing pressure in the semiconductor industry is finally easing. Though the company was cautious while issuing its third-quarter guidance, which fell short of expectations, it hinted at getting back…
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