(USD) | Apr 2024 | Q/Q |
---|---|---|
Revenue | 6.6B | -1% |
Gross Profit | 3.2B | -2% |
Cost Of Revenue | 3.5B | -0% |
Operating Income | 1.9B | -3% |
Operating Expenses | 1.2B | +0% |
Net Income | 1.7B | -15% |
R&D | 785MM | +4% |
G&A | 247MM | -11% |
Marketing | 209MM | +1% |
Amortization | 11MM | - |
Interest Expense | 59MM | - |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Chip stocks continue their sector-wide slide, following a tech sell-off triggered by disappointing reports from some Magnificent 7 companies. Moor Insights & Strategy founder, CEO, and chief analyst Patrick Moorhead joins Morning Brief to discuss the semiconductor industry's current state. Moorhead observes that due to the chip sector's strong momentum over the past year, "any hiccup, any rumor of something" can trigger a stock decline. He suggests this downturn presents an opportunity for inve...
Here are three technology stocks that should definitely be on your buy list.
In the closing of the recent trading day, Applied Materials (AMAT) stood at $219.65, denoting a -1.71% change from the preceding trading day.
Applied Materials (AMAT) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
We recently published a list of Analyst Says These 10 AI Stocks Have More Upside Potential. Since Applied Materials, Inc. (NASDAQ:AMAT) ranks 9th on the list, it deserves a deeper look. King Lip, BakerAvenue Wealth Management’s chief strategist, recently talked to CNBC about the latest decline in tech stocks and market rotation. Lip said that he’s […]
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Here is how Applied Materials (AMAT) and Alpha and Omega Semiconductor (AOSL) have performed compared to their sector so far this year.
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Makers of chip manufacturing equipment have been having a party this year—with China footing much of the bill. The mood is brighter than it was at last year’s gathering, when the industry was beset by worries of a rapid slowdown in chip demand from key markets such as PCs, smartphones and memory. In a report Tuesday, Srini Pajjuri of Raymond James projected spending on wafer fab equipment, or WFE, will rise 2% this year and about 10% next year.
According to the average brokerage recommendation (ABR), one should invest in Applied Materials (AMAT). It is debatable whether this highly sought-after metric is effective because Wall Street analysts' recommendations tend to be overly optimistic. Would it be worth investing in the stock?