Tech Stock News
Friday, February 3, 2023
NVIDIA Corporation (NASDAQ:NVDA) has had an extremely interesting last week of action. The company laid an egg late last week, with disappointing results on the top and bottom line and a disappointing outlook for next quarter. In our coverage, we said we thought an extension lower over the next few […]
Western Digital Corp (NASDAQ:WDC) recently announced it is extending the breadth and depth of its data center portfolio into the rapidly evolving in-memory computing market segment. The stock has already suffered a massive decline in 2018, falling by nearly 60%. With the fast money already well-wrung out of the memory […]
NVIDIA Corporation (NASDAQ:NVDA) shares were crushed on Friday following disappointing results on the top and bottom line and providing a disappointing outlook for next quarter. It was a clean sweep failure in this case and there’s no point in trying to put a positive spin on it. However – and […]
NetApp Inc. (NASDAQ:NTAP) reported second quarter EPS, beating market expectations at $1.06 on revenues of $1.52 bln, which also beat, coming in above the midpoint of the company’s guidance. However, like a number of other cloud and data plays, the company missed the spiritual target on next-Q guidance, underwhelming hopes […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) had a much better day on Wednesday than it might at first appear. First off, the broad market got walloped, with the S&P 500 dropping 2.4% from morning highs to afternoon lows, while AMD shares rallied 6% during the same period of the day. It […]
SVMK Inc (NASDAQ:SVMK) is a stock we have covered several times lately, suggesting that we may find an important bottom under construction following the end of the quiet period for sell-side firms that had an active role in underwriting the IPO, which came to the close on October 22. In […]
Wix.Com Ltd (NASDAQ:WIX) reported upside Q3 results and provided in-line guidance. The company, based in Israel, offers a web development software platform enabling small business owners, free-lancers, and entrepreneurs to develop online outposts for their businesses. WIX offers some free products (available for registered users) with the hope that satisfied […]
Lumentum Holdings Inc (NASDAQ:LITE) lowered second quarter guidance significantly this morning. That’s perhaps the most well-known fact right now in the stock market when it comes to “top news this week”. In short, it didn’t fly under the radar. More specifically, the reason this news from this relatively small Milpitas […]
Dropbox Inc (NASDAQ:DBX) just hit the wires with its Q3 (Sep) earnings of $0.11 per share, excluding non-recurring items, $0.05 better than the S&P Capital IQ Consensus of $0.06; revenues rose 25.7% year/year to $360.3 mln vs the $352.74 mln S&P Capital IQ Consensus. Non-GAAP operating margin was 12.8% vs […]
Roku Inc (NASDAQ:ROKU) might be the most interesting stock in the tech sector today. Shares of the streaming content platform player are getting shredded following Q3 numbers yesterday afternoon. You’d think it was a bad report. However, the company put up some pretty solid numbers, including strong growth in third […]