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Wedbush Analyst Says 'Bit Surprised' After Intel's First-Quarter Guidance Falls Short By Over $1B
Thursday, January 25, 2024 - 10:07pm | 694Intel Corporation‘s (NASDAQ:INTC) first-quarter guidance for 2024 has failed to meet revenue expectations by more than $1 billion, catching analysts off guard. What Happened: Matt Bryson, Senior Vice President at Wedbush Securities, in conversation with Yahoo Finance Live on Friday, analyzed...
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Micron Technology Guidance Reflects Strong Pricing Rebound: 10 Analysts Deep Dive Into Q1 Earnings
Thursday, December 21, 2023 - 1:18pm | 1146Micron Technology Inc (NASDAQ: MU) shares climbed in early trading on Thursday, after the company reported better-than-expected revenues for its fiscal first quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Goldman Sachs On...
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Amazon Spends Up To $4B On AI Startup Anthropic, Analysts Explore Deal Prospects
Tuesday, September 26, 2023 - 11:14am | 564Amazon.com, Inc. (NASDAQ: AMZN) announced a strategic investment of as much as $4 billion in artificial intelligence (AI) startup Anthropic. The deal underscores how the tech behemoth seeks to unlock the potential of AI across its business. As part of the deal, Anthropic has agreed to use AWS as...
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Nvidia Impresses Analysts With 'Back-To-Back Miraculous Quarters': Are Estimates Too Modest?
Thursday, August 24, 2023 - 11:30am | 1024Semiconductor and technology company NVIDIA Corporation (NASDAQ: NVDA) reported second quarter financial results after market close Wednesday that beat analysts’ estimates. Analysts reacted to the quarter beat and updated guidance from the company. The NVDA Analysts: Goldman Sachs analyst...
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Is Western Digital Marking A Bottom? Analysts Takeaways On FQ4 Print, Outlook
Tuesday, August 1, 2023 - 11:49am | 472Shares of Western Digital Corp (NASDAQ: WDC) were trading lower on Tuesday, even though the company reported upbeat earnings for its fiscal fourth quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways from the earnings release. Wedbush On Western...
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5 Advanced Micro Devices Analyst Takeaways On AI Event: Is Chipmaker 'Somewhat Late' Vs. Rival Nvidia?
Wednesday, June 14, 2023 - 12:05pm | 657Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) rose in early trading on Wednesday after the company held on Tuesday its key Data Center and AI Technologies event. Mizuho Securities On Advanced Micro Devices Analyst Vijay Rakesh reaffirmed a Buy rating while raising the price target from...
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NVIDIA Analysts Praise Company Hitting The 'Mother of All Cycles': 'To $1 Trillion And Beyond For The AI Leader'
Thursday, May 25, 2023 - 12:12pm | 1110Technology giant NVIDIA Corporation (NASDAQ: NVDA) reported first quarter results that came in ahead of Street consensus estimates. Analysts are raising price targets after the company's blowout quarter and updated guidance. The NVDA Analysts: Needham analyst Rajvindra Gill has a Buy rating and...
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Western Digital's June Quarter Could Be A Bottom, 3 Analysts On FQ4 Outlook
Tuesday, May 9, 2023 - 11:50am | 453Shares of Western Digital Corp (NASDAQ: WDC) were trading lower on Tuesday, following the company’s weak fourth-quarter guidance. Here are some key analyst takeaways from the earnings release. Susquehanna On Western Digital Analyst Mehdi Hosseini reiterated a Neutral rating and price...
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AMD Shares Stumble After Q1 Reveal: A Rollercoaster Of Analyst Perspectives Emerges
Wednesday, May 3, 2023 - 12:11pm | 759Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) continued to tank in early trading on Wednesday, despite the company reporting upbeat quarterly results. Here are some key analyst takeaways from the earnings call. Susquehanna On Advanced Micro Devices Analyst Christopher Rolland reiterated a...
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Intel Analysts Dive Into Solid Results, Mixed Guidance
Friday, April 28, 2023 - 11:26am | 664Shares of Intel Corporation (NASDAQ: INTC) spiked in early trading on Friday, even after the company reported the biggest quarterly loss in its history. Here are some key analyst takeaways from the earnings call. Wedbush On Intel Analyst Matt Bryson upgraded the rating from Underperform to Neutral...
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4 Reasons Why This Micron Analyst Is Turning Bullish On The Chipmaker
Monday, February 14, 2022 - 12:30pm | 448Shares of memory chipmaker Micron Technology, Inc. (NASDAQ: MU) received a bullish recommendation from Wedbush on Monday. The Micron Analyst: Matt Bryson upgraded Micron shares from Neutral to Outperform and increased the price target from $100 to $120. The Micron Takeaways: Wedbush's...
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Wedbush's Bryson Talks Semiconductor Trends With PreMarket Prep: AMD Earnings, Metaverse, 5G And More
Wednesday, February 2, 2022 - 4:41pm | 687A solid fourth-quarter beat and raised guidance from Advanced Micro Devices, Inc. (NYSE: AMD) after the close on Tuesday is a sign of things to come in the semiconductor sector. According to Wedbush’s equity hardware analyst Matt Bryson, longer-term growth in the sector will be...
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8 Intel Analysts On Q4 Report: Why Some See Difficult Years Ahead For Chipmaker
Friday, January 22, 2021 - 3:58pm | 1266Intel Corporation (NASDAQ: INTC) shares were trading lower in the wake of the chip giant's better-than-expected fourth-quarter results, which were reportedly issued a few minutes early Thursday after Intel's website was hacked. The Intel Analysts: BofA Securities...
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Apple's 'China Growth Renaissance' Unlikely To Be Hurt By Coronavirus, Analyst Says
Monday, February 3, 2020 - 3:58pm | 490The Wuhan coronavirus outbreak is likely to have a profound impact on the global economy given China's significance to overall global growth. Tech giant Apple Inc. (NASDAQ: AAPL) announced it will shut of all its stores and corporate offices across mainland China until Feb. 9 due to the...
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AMD Analysts Discuss Server, Data Center Strength And Conservative Guidance
Wednesday, January 29, 2020 - 12:01pm | 907Shares of Advanced Micro Devices, Inc. (NASDAQ: AMD) are retreating in reaction to the chipmakers' fourth-quarter results. AMD reported fourth-quarterly earnings of 32 cents per share on Tuesday, which beat the analyst consensus estimate of 31 cents. The company reported quarterly sales of $2....