Tech Stock News
Saturday, March 18, 2023
3D Systems Corporation (NYSE:DDD) just announced its financial results for the third quarter ended September 30, 2018. According to the company’s official press release, for the third quarter of 2018, the company reported 8 percent revenue growth to $164.5 million compared to $152.9 million in the third quarter of the […]
Trivago NV – ADR (NASDAQ:TRVG) is a stock we covered recently, noting that the stock’s underperformance relative to its seeming growth potential might be simply a function of a string of missed numbers during earnings season. It’s a quaint theory, but one that seems to be increasingly plausible, as the […]
Advanced Micro Devices, Inc. (NASDAQ:AMD) shares have been one of the most obvious victims of perceived weakness in the chip cycle, with guidance from the company reinforcing the sense established by MKSI and TXN the prior day. The stock dropped in response to the company’s Q4 view to challenge an […]
First Solar, Inc. (NASDAQ:FSLR) dropped its Q3 results last week. And the stock was dropped in response to the data. One wonders whether or not there was a kitchen sink in the rubble given the dramatic weakness we have seen here. In raw terms, EPS came in at $0.54, was […]
Snap Inc (NYSE:SNAP) continues to be a whipping post of the tech sector. The company just reported its Q3 numbers, and the results were poor, with shares reacting to the downside once again. Part of the problem is that the stock was massively overpriced when it went live on the […]
The chip space is having an extremely rough week. Earlier today, we posted a piece on Advanced Micro Devices, Inc. (NASDAQ:AMD), noting that TXN had massively lowered the bar for guidance perception, giving AMD (and INTC and XLNX) an edge in terms of positively surprising the market. However, AMD hadn’t […]
Tesla Inc (NASDAQ:TSLA) has been under fire in recent months, in part because of the antics of the company’s leader, Elon Musk, and in part because of some very vocal and outspoken critics and shorts actively betting against the company – including Jim Chanos and David Einhorn, among others, and […]
Juniper Networks, Inc. (NYSE:JNPR) just hit the wires on Tuesday afternoon with Q3 earnings, beating the number by 10 cents, but posting only in-line revs. Guidance was a little more concerning. Looking ahead, the company forecasted in-line EPS, but undershot on revs. So, there’s a theme here that reminds us […]
Cloudera Inc (NYSE:CLDR) shares continue to fall following the company’s merger with its supposed rival, Hortonworks (HDP). The two companies represent the most recent incarnation of the Silicon Valley ideal as far as a combination of hot buzzwords and complicated execution. They also represent thematic investment vehicles designed to capitalize […]
Square Inc (NYSE:SQ) shares have been in a very sharp pullback over the past couple of weeks, dropping nearly 40% at one point in that time. The company is barreling toward Q3 earnings after ramping its new Cash app into place to much fanfare. Now, the company is putting the […]