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 […]
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Western Digital Corp (NASDAQ:WDC) Tries to Forge Key Bottom on Bigger Data Center Bet
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 […]
How this Impacts the View Forward for NVIDIA Corporation (NASDAQ:NVDA)
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 […]
Why NetApp Inc. (NASDAQ:NTAP) Busted Under Support Levels on the Beat-and-Raise
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 […]
A Big Signal for Advanced Micro Devices, Inc. (NASDAQ:AMD)
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) May Be Confirming the Bottom Call
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) Drops Another Solid Q
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) Bloodies Apple Supply Chain With New Guidance
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) Shares Launch on Nice Beat and Raise
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) Could be a Big Opportunity in the Making
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 […]