CrowdStrike Holdings Inc. shares dropped in the extended session Tuesday after the cybersecurity company said new subscriptions came in below expectations amid macro headwinds and longer customer buying cycles. Given concern Read more
Tag: Profit Warnings
KLA Corp. adds to list of beat-and-raise quarters in the chip-equipment sector
KLA Corp. rose in the extended session Wednesday after it became the third chipmaking-equipment manufacturer to post a beat-and-raise quarter this earnings season amid a quarter rife with profit warnings Read more
Generac stock rocked after profit warning due to weakness in home generator business
Shares of Generac Holdings Inc. suffered a record selloff on Wednesday after the manufacturer of home generators and solar equipment issued an earnings warning and cut its growth outlook, citing Read more
ASML rallies after chip equipment maker hikes outlook, boosting Lam stock
U.S. shares of ASML Holding NV rallied Wednesday after the Dutch chipmaking-equipment supplier’s better-than-expected results and raised outlook boosted shares of peers like Lam Research Corp., which is reporting its Read more
Philips stock slumps 8% after issuing profit warning
Shares of Philips dropped 8% to their lowest level since 2012 after the Dutch tech company issued its second profit warning this year, forewarning that supply chain problems will impact Read more
AMD warning prompts analysts to revisit whether PC chip market has bottomed yet
Wall Street appeared fairly in unison on Advanced Micro Devices Inc. Friday, agreeing the firm’s forecast sales to PC customers were worse-than-expected, prompting the question of whether the chip market has Read more
Dow drops over 500 points after September jobs report, as stocks cut weekly gains
U.S. stocks fell sharply Friday, cutting into weekly gains, after September jobs data showed an unexpected fall in the unemployment rate that’s expected to reinforce the Federal Reserve’s resolve to Read more
U.S. stock futures weaken ahead of jobs report, as AMD warning weighs on tech listings
U.S. stock futures edged lower Friday ahead of the pivotal jobs report, with investors also weighing a profit warning at a leading microchip maker. What’s happening Futures on the Dow Read more
AMD stock drops as $1 billion shortfall blamed on even weaker-than-expected PC sales
Advanced Micro Devices Inc. shares fell in the extended session Thursday after the chip maker cut its already conservative forecast because a drop in PC sales after two years of Read more
Opinion: Technology stocks are booming, and these four companies have staying power for years to come
Shares of technology companies from chip makers to FAANGs slumped for a third quarter at the end of September, as softer revenue, profit warnings and fading CEO confidence added to Read more