Tech Stock News
Friday, August 12, 2022
Garmin Ltd. (NASDAQ:GRMN) has been an interesting story of what we might call “improbable relative success”. Recall that this company used to be basically just a thing attached to the windshield. Turning to the company’s Q3 report, the company reported Q3 (Sep) earnings of $1.00 per share, excluding non-recurring items, […]
KLA-Tencor Corp (NASDAQ:KLAC) is the latest piece of evidence to help us sort out the continuing murder mystery known as the semiconductor cycle circa Q3 2018. KLAC was another INTC or XLNX, a good guy, a straight ace, for the bulls. The company turned in a solid result for its […]
Fitbit Inc (NYSE:FIT) falls into a class of stock that we, as a rule, don’t really like. Let’s say it another way: that bar is way, way, way higher for stocks like FIT or GPRO, which are really fighting a losing battle as a growth stock with no moat producing […]
NXP Semiconductors NV (NASDAQ:NXPI) stepped up to the plate to offer another perspective on the continuing dilemma for the market about where we are in the process of the chip cycle. The company reported financial results for the third quarter 2018 ended September 30, 2018, and results were far more […]
IBM Common Stock (NYSE:IBM) was naturally the star of the financial media on Monday. In case you missed it, the company gobbled up Red Hat (RHT), the North Carolina based cloud computing play, for $190 per share in cash, representing a total enterprise value of approximately $34 bln — a […]
Tesla Inc (NASDAQ:TSLA) has once again become one of the most interesting bullish stories on the street. The stock has been on a rip-roaring tear following the company’s surprising jump in bottom-line performance during Q3. In many ways, it was a major haymaker punch landed by Elon Musk to the […]
Microsoft Corporation (NASDAQ:MSFT) reported Q3 numbers on Wednesday, assuming a part of the category we might call “The Good” in “The Good, the Bad, and the Ugly” for this earnings season. That judgment is about both the technical action (holding the $100/share level and 200-day simple moving average off the […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) shares are getting whacked today, along with most everything even mildly connected with the semiconductor space. As we previously posted, the catalyst here is gloomy Q4 management commentary and forecasts from MKSI, TXN, and STM. They really set the sentiment tone in front of AMD, […]
Paypal Holdings Inc (NASDAQ:PYPL) announced its Q3 earnings late last week. We ran a preview of the report, and concluded that “investors will be focused on revenue growth over 20% and TPV growth of 25%+, as well as an improvement in the monetization of Venmo from the current 17% level.” […]
Activision Blizzard, Inc. (NASDAQ:ATVI) has been one of the most dramatic success stories in the tech sector over the past few years, with shares consistently rising sharply nearly every year of the present market cycle. But recent action has soured along with many other large-cap names, as shares have pulled […]