Applied Materials reported record third-quarter results and issued a fourth-quarter revenue guidance of $10.25 billion, significantly exceeding analyst expectations. The company reduced its revenue dependence on China to 26%, lowering geopolitical risk. Despite trading 27% below its June peak, the stock's valuation remains high at 43 times projected 2026 earnings. The combination of accelerating growth and a recent price correction presents a cautious buying opportunity, with attention on free cash flow quality.
Reddit (RDDT) will replace AvalonBay Communities in the S&P 500 starting August 18, boosting its shares by about 12% pre-market. Nintendo's shares rose up to 7.5% after Pokémon Pokopia sales surpassed 5 million units, supported by the exclusive relea...
Applied Materials, Inc. reported a record third quarter with 25% revenue growth, improved profit margins, and strong operational efficiency. The company's diverse solutions and key partnerships position it as a vital player in semiconductor and AI/da...
Applied Materials, a leading supplier of semiconductor manufacturing equipment, is expected to report strong Q2 earnings on August 13, 2026, driven by increased demand for AI chips. Analysts forecast earnings per share around $3.39-$3.40, up from $2....
Semiconductor equipment stocks climbed following SanDisk's 2026 Investor Day, where it projected mid-to-high teens revenue growth and strong margins through 2030, signaling sustained memory capital spending. SanDisk's contracts with major customers a...
US stock futures showed little movement as investors awaited the Producer Price Index release, which follows a cooling consumer inflation report for July. The softer inflation data has reduced expectations for a September rate hike, though Federal Re...
