Thursday, February 15th, 2024Forget Tuesday’s selloff — we’re back, baby! Markets brushed off the dirt from the post-CPI wariness among market participants the other day, and have now swung back into positive territory in the past week of trading. The S&P 500 even closed at a brand new all-time high — 5029 — as it gained +0.58% on the session. The Nasdaq treaded lightest, up only +0.30%, while the blue-chip Dow grew +348 points, +0.91% and the Russell 2000 won the day for the second consecutive time, +2.1%. ...

For the quarter ended January 2024, Applied Materials (AMAT) reported revenue of $6.71 billion, down 0.5% over the same period last year. EPS came in at $2.13, compared to $2.03 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $6.47 billion, representing a surprise of +3.62%. The company delivered an EPS surprise of +12.11%, with the consensus EPS estimate being $1.90.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- a ...

Applied Materials (AMAT) came out with quarterly earnings of $2.13 per share, beating the Zacks Consensus Estimate of $1.90 per share. This compares to earnings of $2.03 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.11%. A quarter ago, it was expected that this maker of chipmaking equipment would post earnings of $1.98 per share when it actually produced earnings of $2.12, delivering a surprise of 7.07%.Over the last four ...

Applied Materials Inc. delivered upbeat results and guidance Thursday afternoon, and its stock was surging in the extended session. The chip-equipment company logged fiscal-first quarter net income of $2.02 billion, or $2.41 a share, compared with $1.72 billion, or $2.02 a share, in the year-prior quarter. On an adjusted basis, Applied Materials... Master your money. Subscribe to MarketWatch. Get this article and all of MarketWatch. Access from any device. Anywhere. Anytime. Subscribe Now Alre ...

First Quarter Fiscal 2024 Earnings Presentation February 15, 2024 Applied Materials External Forward-Looking Statements This presentation contains forward-looking statements, including those regarding anticipated growth and trends in our businesses and markets, industry outlooks and demand drivers, technology transitions, our business and financial performance and market share positions, our capital allocation and cash deployment strategies, our investment and growth strategies, our development of new produ ...

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

Aside from this past Tuesday’s very important Consumer Price Index (CPI) report, this Thursday morning contains the biggest market data of the week. It’s sheer volume on both economic prints and Q4 earnings reports. We’ll do the best to assess them all in what little time and space we have here, but the pre-market futures are taking away overall positive vibes: the Dow is +116 points at this hour, the S&P 500 is +13 and the Nasdaq is +53 points ahead of the opening bell.Weekly Initial Jobless Claims keep on ...

Thursday, February 15th, 2024Aside from this past Tuesday’s very important Consumer Price Index (CPI) report, this Thursday morning contains the biggest market data of the week. It’s sheer volume on both economic prints and Q4 earnings reports. We’ll do the best to assess them all in what little time and space we have here, but the pre-market futures are taking away overall positive vibes: the Dow is +116 points at this hour, the S&P 500 is +13 and the Nasdaq is +53 points ahead of the opening bell.Weekly I ...

The global semiconductor market will reach $613 billion in 2024, according to Statista. This makes it a great time for investors to consider the best semiconductor stocks to buy. A number of factors will drive growth, including the increasing demand for electronics, the rise of artificial intelligence (AI), and the expansion of Internet of Things (IoT). Furthermore, the semiconductor industry is crucial in meeting the demands of electric vehicles (EVs) and energy storage systems. Both industries are expecte ...

Applied Materials, Inc. (AMAT) is set to report first-quarter fiscal 2024 results on Feb 15.For the fiscal first quarter, the company expects net sales of $6.47 billion (+/-$400 million). The Zacks Consensus Estimate for revenues is pegged at $6.47 billion, suggesting a decline of 3.95% from the year-ago quarter’s actual.Applied Materials projects non-GAAP earnings per share of $1.72-$2.08. The Zacks Consensus Estimate for earnings is pegged at $1.90, indicating a fall of 6.4% from the year-ago quarter’s re ...