Broadcom Inc. (NASDAQ: AVGO) reported its second quarter financial results and topped analysts’ earnings estimates. However, the chipmaker reported weaker-than-expected revenue and lowered its guidance, causing shares to tumble...
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May 17, 2019 Weekly Wrap up LIVE from the floor of the NYSE
On Monday markets tumbled as fallout from the U.S.-China trade situation intensified. China retaliated by raising tariffs on $60 billion worth of U.S. imports starting on June 1st. American...
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Nvidia Reports Stronger-Than-Expected Quarterly Results
NVIDIA Corporation (NASDAQ: NVDA) reported its first quarter financial results after the market close on Thursday. Despite declining revenues, Nvidia surpassed analysts’ estimates, sending shares 6% higher during extended...
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Intel Downgraded by Wells Fargo on Lower Demand
Wells Fargo & Co. (NYSE: WFC) lowered its rating of Intel (NASDAQ: INTC) shares to market perform from outperform on Friday. The firm said that Intel is facing weakening...
Samsung Electronics Co., Ltd. released its first quarter earnings guidance and warned that profits likely fell by 60% year-over-year due to weakness in demand for memory chips and displays....
Micron Technology, Inc. (NASDAQ: MU) shares rose by 8.6% on Thursday morning after the chipmaker reported its second quarter financial results after market close on Wednesday. For the second...
Nvidia Corporation (NASDAQ: NVDA) announced on Monday that it has agreed to acquire Mellanox for USD 6.9 Billion to further advance its high performance computing. Mellanox shares gained 8.4%...
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February 15, 2019 Weekly Wrap up LIVE from the floor of the NYSE
On Monday, markets didn’t move much as traders watched Congress arguing over a bill to continue funding the government, as well as concern over the lack of a trade...
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Nvidia Reports Fourth Quarter Financial Results
Nvidia Corporation (NASDAQ: NVDA) reported its fourth quarter financial results after market close on Thursday. The chipmaker surpassed estimates in both revenue and earnings, causing shares to surge as...
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February 1, 2019 Weekly Wrap up LIVE from the floor of the NYSE
On Monday disappointing quarterly results from Caterpillar as well as Nvidia, fueled fears of a global slowdown, particularly with China. The Dow Industrials fell 208 points and the Nasdaq...
