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Jim Cramer Suggests End Of Market Sell-Off, Points To Big Tech Recovery: 'Stop Waiting For A Correction'
CNBC's Jim Cramer has indicated that the recent market sell-off, particularly in the Big Tech sector, may have come to an end.What Happened: Cramer, the host of "Mad Money," suggested that the market
Earnings Call Summary | Microchip Technology(MCHP.US) Q4 2024 Earnings Conference
The following is a summary of the Microchip Technology Incorporated. (MCHP) Q4 2024 Earnings Call Transcript:Financial Performance:Microchip Technology reported Q4 net sales of $1.326 billion, a decre
The “appetite” of the US stock market is too big. Will Nvidia's performance make it difficult to support the stock price?
There is currently only one missing piece in the tech giant's performance segment: Nvidia.
Microchip Technology's Q4 earnings per share fell by more than 65%, and the impact of excess inventory continues
GLONGHUI, May 7 | Microchip Technology (Microchip Technology) announced its results for the fourth quarter of the 2024 fiscal year ending March 31. Net sales were US$1.33 billion, down more than 40% year on year, slightly lower than market expectations of US$1.34 billion; earnings per share under non-GAAP were $0.57, in line with market expectations, down more than 65% from US$1.64 in the same period last year. The board raised the quarterly dividend from $0.45 to $0.452 per share. In terms of guidance, the company expects net sales for the first fiscal quarter to be $1.22 billion to $12 billion
Tech giants are piling up to stir up AI! Nvidia earns a lot of attention without a financial report
Although Nvidia has yet to announce its results, there are already legends about it everywhere.
Futu Morning Post | The Federal Reserve's “Big Three” Release Pigeons: Interest Rates Will Eventually Be Cut; Tesla Reported to Begin a New Round of Layoffs
Federal Reserve Barkin: The current interest rate level has been able to reduce inflation to 2%; news: Apple is developing artificial intelligence chips for servers; Lucid's loss per share in the first fiscal quarter was higher than expected.
Autonomous driving company Wayve raises $1 billion, led by SoftBank and Nvidia
GLONGHUI, May 7 | According to the British Financial Times, British driverless startup Wayve Technologies Ltd., received an investment of 1 billion US dollars in the latest round of financing, led by Japan's SoftBank Group. Nvidia participated in this round; existing investor Microsoft contributed further. Wayve contacted a number of car manufacturers (including driverless car operating fleets) to discuss the installation of its technology on relevant vehicles.
Top 20 Turnovers | Nvidia rose nearly 4%, with a turnover exceeding US$34 billion
On Monday, Nvidia, the number 1 in terms of US stock turnover, closed 3.77% higher, with a transaction of US$34.089 billion; Tesla, which ranked No. 2, closed 1.97% higher, with a transaction of US$15.55 billion; and Apple, which ranked number 3, closed down 0.91% and traded US$14.203 billion.
US stocks close | Tech stocks support US stocks! The NASDAQ rose more than 1%, S&P recorded the biggest three-day increase in nearly half a year, and Nvidia rose nearly 4%
US bond yields broke away from a three-week low, and two-year yields rose for the first time in four days. The US dollar index stopped falling three times in a row and broke out of its low level for more than three weeks.
Insider Sale: Director Wendy Murdock Sells Shares of Iron Mountain Inc (IRM)
Microchip Technology Expects Weak Quarterly Results on Excess Inventory Impact
IBM CEO Arvind Krishna: Why the Economy Has Slowed, and How AI Is Benefiting
Markets Up to Start the Week: PLTR, MCHP Meet Earnings
Is AMD Stock a Buy?
Iron Mountain(IRM.US) Director Sells US$113.03K in Common Stock
$Iron Mountain(IRM.US)$ Director Murdock Wendy J. sold 1,500 shares of common stock on May 3, 2024 at an average price of $75.351 for a total value of $113.03K.Source: Announcement What is statement o
Iron Mountain(IRM.US) Officer Sells US$155.6K in Common Stock
$Iron Mountain(IRM.US)$ Officer MARSON DEBORAH sold 2,000 shares of common stock on May 3, 2024 at an average price of $77.8 for a total value of $155.6K.Source: Announcement What is statement of chan
[US stock market closes] The S&P 500 recorded the best three-day gain in 2024, with Nvidia leading the way in technology stocks
On Monday (May 6), the US stock market experienced its best three-day increase since November last year, driven by speculation that the Federal Reserve would be able to cut interest rates this year. Furthermore, the steady earnings season continued to drive market optimism. The S&P 500 broke through the 50-day EMA, which is viewed by chart analysts as a key position to maintain positive momentum.
Lucid Loses Longtime Apple and Intel Exec Who Steered Software Division
Microchip Technology Slides as Q4 Revenue Misses Mark, Tough Macro Persists
Microchip Technology Fiscal Q4 Earnings, Sales Decline; Q1 Outlook Set
Microchip Technology (MCHP) reported fiscal Q4 non-GAAP earnings late Monday of $0.57 per diluted share, down from $1.64 a year earlier. Analysts polled by Capital IQ expected $0.57. Net sales for the