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Wall Street Reacts After Micron Beats Consensus In Q1
Wednesday, December 20, 2017 - 2:06pm | 717Shares of Micron Technology, Inc. (NASDAQ: MU) is trading up Wednesday after delivering a top- and bottom-line beat in its fiscal first quarter earnings report. Micron guided its fiscal second quarter notably above Street estimates. Here's how Wall Street reacted. Citi: Micron Has The...
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Loop Capital On AMD's Q3: Lack Of Transparency Was A Concern
Wednesday, October 25, 2017 - 9:20am | 373One of the biggest issues with Advanced Micro Devices, Inc. (NASDAQ: AMD)'s third-quarter earnings report and fourth-quarter guidance was a lack of transparency, according to analysts Loop Capital Markets. AMD managed to report another beat due to a ramp of new products and strong performance...
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14% Upside Seen For Nvidia Shares On PC Gaming, Bitcoin Mining Strength
Thursday, October 5, 2017 - 11:03am | 641NVIDIA Corporation (NASDAQ: NVDA) could see a boost from a highly-hyped slate of new video games. Ahead of last fall’s “Battlefield 1,” “Gears of War 4” and “Call of Duty: Infinite Warfare” releases, computer gamers upgraded to Nvidia’s Pascal-based...
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Wall Street Analysts Ride The Micron Earnings Train
Wednesday, September 27, 2017 - 12:17pm | 466Micron Technology, Inc. (NASDAQ: MU) shares jumped 8 percent Wednesday after the company topped market expectations for fiscal fourth-quarter revenue and EPS and issued forward guidance above Wall Street’s expectations. A number of Wall Street analysts weighed in on Micron following the...
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Nvidia, Intel Among Analyst Top Picks Following Semiconductor Conference
Monday, August 21, 2017 - 10:11am | 1022Loop Capital Markets hosted its "Loop Around" Silicon Valley — Summer 2017 Semiconductor Bus Tour last Tuesday and Wednesday. Over the two-day event, investors had the opportunity to meet with executives from 12 semiconductor companies, namely: Cavium Inc (NASDAQ: CAVM) Cypress...
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Cryptocurrency Mining Drives Nvidia's Q2 Outperformance; Is This An Entry?
Friday, August 11, 2017 - 10:21am | 375NVIDIA Corporation (NASDAQ: NVDA) shares are trading down by more than 4.6 percent Friday after the company reported Q2 revenue and earnings that topped Wall Street’s expectations. The post-earnings sell-off leaves Nvidia investors once again asking themselves a question that has been in the...
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What Does Wall Street Have To Say About Intel's Earnings Report?
Friday, July 28, 2017 - 1:49pm | 676Intel Corporation (NASDAQ: INTC)'s earnings beat on Thursday was compelling enough to send the stock higher by more than 1 percent on Friday. But what are Wall Street analysts saying about the stock that is still lower by more than 2 percent since the start of 2017? UBS: Data Center Improving, PC...
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Analysts Applaud Micron's Beat-And-Raise Third Quarter
Wednesday, July 5, 2017 - 8:46am | 1022Micron Technology, Inc. (NASDAQ: MU) announced last week its fiscal third-quarter results, which showed 92-percent year-over-year revenue growth to $5.57 billion and non-GAAP earnings per share of $1.62 compared to $0.90 in the year-ago period. The results were ahead of the consensus estimates....
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Analysts Are Pumped About Broadcom's Double Beat
Friday, June 2, 2017 - 12:41pm | 407After an impressive first-quarter earnings beat, Loop Capital Markets analyst Betsy Van Hees reiterated her Buy rating and raised her price target to $285 on Broadcom Ltd (NASDAQ: AVGO). Van Hees noted three reasons why Broadcom remains one of Loop's large-cap picks for 2017 as: Broadcom...
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AMD Downgraded, Analyst Thinks Intel Deal Is 'Unlikely'
Wednesday, May 17, 2017 - 8:12am | 427Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) soared higher by 11 percent on Tuesday ahead of the company's analyst day presentation, which kicked off after the market close. By Wednesday morning, the stock gave back nearly 6 percent as the company's presentation fell short of...
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Advanced Micro Devices Plummets Following Q1 Earnings: What Are Analysts Saying?
Tuesday, May 2, 2017 - 1:39pm | 894Advanced Micro Devices, Inc. (NASDAQ: AMD)'s earnings report on Monday sent shares plunging more than 17 percent on Tuesday. Here is a summary of what some of Wall Street's top analysts are saying after the print. Barclays: Company Needs To Smash Estimates Barclays' Blayne Curtis rates...
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Expect Multiple Tailwinds To Drive Maxim Integrated's Beat And Raise Quarter
Thursday, April 13, 2017 - 9:42am | 322Maxim Integrated Products, Inc. (NASDAQ: MXIM) is scheduled to report its fiscal Q3 2017 results on April 20. Maxim reported an EPS and revenue beat in Q2. EPS came in at $0.46, versus the estimate of $0.44, while revenue came in at $551 million, versus the estimate of $542.69 million. Following...
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Mobileye Purchase Is A Critical Step In Intel's Transformation Beyond Just A PC Company
Tuesday, March 14, 2017 - 10:23am | 408Betsy Van Hees of Loop Capital says Intel Corporation (NASDAQ: INTC)’s deal to buy Mobileye NV (NYSE: MBLY) is a critical step in the transformation of the chip maker beyond being just a PC company. Intel agreed to buy Israel-based Mobileye for about $15.3 billion, as part of its move to...
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A Preview Of Micron's Q2 Results: 'Expect Positive Tailwinds To Continue'
Monday, March 6, 2017 - 10:04am | 367Micron Technology, Inc. (NASDAQ: MU) is scheduled to report its fiscal second-quarter results on March 23. The company is benefiting from tight supply/demand dynamics and increasing prices, which should drive operating leverage and allow the FQ2 print to be the high-end of the recently-raised...
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Bad News For AMD: Ryzen 7 Getting Negative Reviews
Thursday, March 2, 2017 - 12:22pm | 306Loop Capital Markets' Betsy Van Hees argued in a research report in early February that Advanced Micro Devices, Inc. (NASDAQ: AMD)'s stock is "being priced to perfection," and there is zero room for any missteps in 2017. Unfortunately for AMD's investors, the stock was trading lower by more than 2....