What a difference a year makes. Now, a slow release of air from a balloon would be a welcome relief from the sonic boom of tech stocks tanking and earnings Read more
Tag: Applied Materials Inc.
Applied Materials could lose more than $1 billion in sales from China ban over six months
Applied Materials Inc. disclosed Wednesday that a widened ban on sales of certain tech to China will likely cost the chip-equipment manufacturer up to $1.1 billion in sales over six Read more
Here are the companies and sectors that are most vulnerable to the strong dollar this earnings season
Since roughly 40% of S&P 500 companies’ sales are generated abroad, equity strategists expect the strong U.S. dollar will weigh heavily on corporate earnings as the third-quarter corporate reporting season Read more
There may be another shoe to drop after Micron’s big outlook miss
Micron Technology Inc. delivered an outlook that fell far short of the consensus view, prompting questions about how the memory market will fare in a downturn. The company expects August-quarter Read more