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☆ Stocks making the biggest moves after hours: Microsoft, Alphabet, Snap, Teladoc and more
▼ + stars: | 2023-07-25 | by ( Alex Harring | ) www.cnbc.com time to read: +3 min

The company posted earnings of $1.44 per share on $74.6 billion of revenue. Analysts called for earnings of $1.34 per share, adjusted, and revenue of $72.82 billion, per Refinitiv. Still, the company posted earnings of $2.69 per share, compared to the $2.55 per share anticipated by analysts, per Refinitiv. Wells Fargo — Shares of the bank jumped 3% in extended trading after Wells Fargo announced a $30 billion share buyback program. Teladoc said it lost 40 cents per share in its second quarter, beating analysts' estimates for a 41 cent loss per share, per Refinitiv.

Persons: Ruth Porat, Wells, Robert Half —, Refinitiv, Teladoc Organizations: Google, Revenue, Microsoft, Texas, — Texas, FactSet . Texas, NASA, Management Locations: Mountain View , California, United States

☆ Morning Bid: Earnings, China hold spotlight ahead of big rates decisions
▼ + stars: | 2023-07-25 | by ( ) www.reuters.com time to read: +2 min

A look at the day ahead in European and global markets from Tom WestbrookEarnings and hope for a turning in China's markets are the prelude to this week's big central bank decisions. The corporate performance and outlook risk disappointing markets that are increasingly priced for a "soft-landing" slowdown in both growth and inflation. In the Asia session investors cheered pledges of support in the readout from an earlier-than-expected Politburo meeting in China -- though not too loudly. The Eurozone bank lending survey is also out on Tuesday and can give a view on the health of borrowing ahead of Fed and European Central Bank meetings, which are both expected to deliver rate hikes. The yen was steady in Asia as investors weigh whether the Bank of Japan will tweak policy on Friday.

Persons: Tom Westbrook, Robert Half, Archer, Daniel Midlands, Morgan Stanley, Dalian Wanda, Sam Holmes Organizations: Microsoft, Google, Visa, General Electric, Dow, chipmaker Texas, Unilever, Shanghai, Traders, Dalian, Fed, European Central Bank, Bank of Japan, EssilorLuxottica, Texas Instruments, Verizon, General Motors, ADM, Spotify, Thomson Locations: United States, London, Paris, Asia, China, Hong Kong

☆ What we hope to see from 9 Club stocks out with earnings in the week ahead
▼ + stars: | 2023-07-22 | by ( Zev Fima | ) www.cnbc.com time to read: +14 min

Looking to next week, earnings season will ramp up — and though we'll get some important economic data, expect the corporate releases and management commentary on the post-game calls to be firmly in the driver's seat. Here are two important things to know for the week ahead. Quarterly earnings : As important as economic releases are, it's earnings that will garner the bulk of investors' attention. For those looking to review first-quarter performance ahead of these releases, keep our first-quarter earnings report card handy. Here's the full rundown of all the important domestic data in the week ahead.

Persons: Dow, we'll, we've, Lawrence Yun, Jerome Powell's, Sartorius, Sartorius preannounced, It's, management's, We'll, Tesla, Ford's, Sherwin, Williams, Archer, Clark, Lam, Edwards Lifesciences, Hewlett, Northrop, Dr Pepper, Davidson, Jim Cramer's, Jim Cramer, Jim, Spencer Platt Organizations: Nasdaq, Economic, National Association of Realtors, Nine, GE Healthcare, Microsoft, YouTube, Linde, LIN, Honeywell, Aerospace, Technologies, Ford, Procter & Gamble, Dynex, HBT, Hope Bancorp, NXP Semiconductors, Cadence Design Systems, Whirlpool, Logitech International, Liberty Global, Verizon Communications, General Motors, General Electric, GE, Spotify, Raytheon Technologies, Daniels, Midland, Albertsons Companies, ACI, Polaris Industries, Inc, Dow Chemical, DOW, Xerox, Texas Instruments, WM, Canadian National Railway Company, Chubb Corporation, Universal Health Services, Powell, Boeing, Hilton, Union Pacific, General Dynamics, Quest Diagnostics, Otis Worldwide, Grill, Lam Research, eBay, EBAY, Mattel, Hewlett Packard, L3Harris Technologies, Gross, Royal Caribbean Cruises, Southwest Airlines, Mastercard, Myers Squibb, Northrop Grumman, Hertz, Tractor Supply Company, HCA Healthcare, Boston, Hershey, Comcast, Harley, Norfolk Southern, Intel, Mobile, United States Steel Corp, KLA Corporation, Boston Beer Company, Nation Entertainment, Texas, Procter, Gamble, Exxon Mobil, Chevron, Charter Communications, AstraZeneca, Colgate, Palmolive, Newell Brands, Sanofi, Dwight, Jim Cramer's Charitable, CNBC, New York Stock Exchange, Getty Locations: U.S, Hollywood, Cleveland, Corning, Kimberly, Bristol, Norfolk

☆ How Samsung and Texas Instruments made the Lone Star State the hub of U.S. chip manufacturing
▼ + stars: | 2023-07-20 | by ( Katie Tarasov | ) www.cnbc.com time to read: +8 min

Samsung, Texas Instruments, Infineon, GlobalWafers, NXP, X-FAB and Applied Materials have all ramped up Texas operations in recent months. Texas Instruments' fab in Sherman, a town of 45,000 people 60 miles north of Dallas, is an even bigger investment. Texas Instruments was founded in 1930 as Geophysical Service Inc., adopting its current name in 1951. CNBC interviewed Flessner at Texas Instruments' RFAB2 fab in Richardson, Texas, a suburb just north of Dallas. Water and powerTexas Instruments' $17 billion chip fab project in Sherman, Texas, on June 15, 2023.

Persons: It's, Greg Abbott, Abbott, Melissa Hebert, Infineon's, Katie Tarasov, Andrew Evers, it's, Austin that's, Jon Taylor, Taylor, David Plyler, Plyler, Jack Kilby, Kyle Flessner, Flessner, Andrew Evers Flessner, Austin fabs Organizations: Samsung, Republican Texas Gov, CNBC, Lone Star State, Texas Instruments, Infineon, Apple, Intel, Taiwan Semiconductor Manufacturing Co, Texas, Service Inc, TI, Local, Texas -, Texas Water, Taylor, Texans Locations: Austin , Texas, South Korean, Sherman , Texas, Texas, China, Taiwan, that's, Arizona, , Texas, Austin, Taylor, U.S, United States, Sherman, Dallas, Richardson , Texas, Richardson, Texoma, Texas - Oklahoma

☆ China's sagging economy looms over quarterly results around the world
▼ + stars: | 2023-07-20 | by ( Noel Randewich | ) www.reuters.com time to read: +4 min

July 20 (Reuters) - China's frail growth could weigh on companies with exposure to the world's second-largest economy, including Apple (AAPL.O), big chipmakers and luxury retailers as they report quarterly results in the next few weeks. China accounted for 36% of NXP's revenue last year and half of Texas Instruments' revenue. Analysts estimate NXP reporting a 3.2% drop in quarterly revenue, with Texas Instruments' revenue tumbling 16%, which would be its steepest drop since 2009, according to Refinitiv. The specialty glass maker blamed "anticipated recession-level demand" for weak results in its previous quarterly report last April. Coffee maker Starbucks (SBUX.O) in May reported quarterly results that beat estimates, powered by recovering demand in China.

Persons: Ross Mayfield, Baird, Cartier, Richemont, Bernstein, Tesla, Jonathan Golub, hobble, David Klink, Noel Randewich, Chavi Mehta, Caroline Valetkovitch, Mimosa Spencer, David Gaffen, Nick Zieminski Organizations: Apple, U.S, Shanghai, ABB, HK, NXP Semiconductors, Texas, Texas Instruments, . Credit Suisse Chief, Equity, Corning Inc, Samsung Electronics, Huntington Private Bank, Reuters, Thomson Locations: China, U.S, Swiss, Asia, ., China . U.S, Washington, Beijing, Oakland , California, Bangalore, New York, Paris

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow Texas became the center of U.S. chipmakingTexas is now the top state for U.S. chip manufacturing. It has the highest number of semiconductor fabrication plants, and six new projects will bring an additional $61 billion and 8,000 jobs. 65 years after the integrated circuit was invented in Texas, chip giants are now attracted by low taxes and the $1.4 billion Texas CHIPS Act passed in June. CNBC got a tour of Texas Instruments' $30 billion site being built north of Dallas and Samsung's $17 billion fab under construction near Austin.

Organizations: CNBC, Texas Instruments Locations: Texas, chipmaking Texas, U.S, Dallas, Austin

Back-to-school shopping on Amazon Prime Day is a convenient and efficient option for students and parents alike. Although Amazon Prime ends tonight at 12 p.m. PT, you can still access deals on a vast selection of school supplies, electronics, clothing, and more. $29.99 from Amazon Originally $39.99 Save 25%Deal icon An icon in the shape of a lightning bolt. Deal Amazon Basics Primary Composition Notebooks (Pack of 3) These composition notebooks have a ruled design that's ideal for practicing penmanship. $99.99 from Amazon Originally $129.99 Save 23%Back-to-school deals for teachersDeal icon An icon in the shape of a lightning bolt.

Persons: Bento, it's, bento, you've, Herschel, It's, Price Organizations: Amazon, OmieGo, Hydro, Herschel Supply, Prime, Deal Texas, TI, Amazon Deal, Deal Oxford, Supplies, HP, Fire, Price Logitech, Lightspeed, Logitech, AAA, OSHA, IRIS

Key economic data is due before the meeting, including the monthly U.S. jobs report on Friday. “The markets are in a wait-and-see for the economic data,” said Paul Nolte, senior wealth advisor and market strategist at Murphy & Sylvest Wealth Management. Materials (.SPLRCM) fell most among S&P 500 sectors, shedding 2.5%. Chip stocks fell after China said it would control exports of some metals widely used in the semiconductor industry as tensions between Beijing and Washington rise over access to high-tech microchips. The S&P 500 posted 18 new 52-week highs and one new low; the Nasdaq Composite recorded 55 new highs and 65 new lows.

Persons: ”, Paul Nolte, “, Jack Ablin, Lewis Krauskopf, Sinead Carew, Bansari Mayur Kamdar, Johann M, Marguerita Choy, Vinay Dwivedi Organizations: Fed, Dow, Nasdaq, U.S, U.S . Federal, Murphy, Sylvest Wealth Management, “, Dow Jones, Semiconductor, Intel, Texas, Twitter, Meta, Cresset, United Parcel Service, Teamsters Union, UPS, NYSE, Thomson Locations: U.S ., China, Beijing, Washington, Philadelphia, New York, Bengaluru

☆ Bets on A.I. and innovation help this tech-focused T. Rowe Price fund outperform the market
▼ + stars: | 2023-06-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Since joining investment management firm in 2000, Allen's worked his way up the corporate ladder, taking the helm as portfolio manager of the T. Rowe Price Science & Technology (PRSCX) fund in 2009. In the wake of the latest artificial intelligence boom that's driven up last year's beaten-up technology stocks, it's skyrocketed nearly 38% in 2023. Longer-term, the fund, with a 0.84% expense ratio, offers 10- and 15-year trailing returns of more than 16% and about 13%, respectively. This year, Allen has benefited from a spectacular run-up in technology stocks, fueled by a mania for all things tied to artificial intelligence. "It's really important to learn over time when things go well and especially when things don't go well," Allen said.

Persons: Ken Allen, Rowe Price, Allen's, Allen, Salesforce, it's, Morningstar, I've Organizations: Colby College, Rowe Price Science & Technology, PRSCX, Apple, Netflix, Nvidia, Devices, Microsoft, Zalando, Amazon, Meta, Accenture, Mastercard, Texas, Texas Instruments Locations: Maine, Baltimore, Salesforce, Zalando, buybacks

[1/2] U.S. Supreme Court Associate Justice Clarence Thomas poses during a group portrait at the Supreme Court in Washington, U.S., October 7, 2022. REUTERS/Evelyn HocksteinWASHINGTON, June 7 (Reuters) - Conservative U.S. Supreme Court Justice Clarence Thomas, under scrutiny following revelations that he did not disclose luxury trips paid for by a billionaire Dallas businessman, has received an extension to file his mandatory annual financial disclosure, the court said on Wednesday. Some congressional Democrats have proposed imposing new ethics standards on the Supreme Court following reporting on conduct by some of the justices, in particular Thomas. Supreme Court justices are not bound like other federal judges by a code of conduct that includes avoidance even of the "appearance of impropriety." The three conservative justices appointed by former President Donald Trump drew additional income as law professors.

Persons: Clarence Thomas, Evelyn Hockstein WASHINGTON, Samuel Alito, Thomas, Harlan Crow, Crow, Frederick Douglass, Neil Gorsuch, Ketanji Brown Jackson, Jackson, Oprah Winfrey, Sonia Sotomayor, Sotomayor, John Roberts, Donald Trump, Gorsuch, Brett Kavanaugh, George Mason University's Antonin Scalia, Amy Coney Barrett, Roberts, Andrew Chung, John Kruzel, Will Dunham Organizations: U.S, Supreme, REUTERS, Conservative U.S, Judicial Conference, Politico, Liberal, Vogue, Random, Charter Communications, Texas, University of Notre Dame Law School, Thomson Locations: Washington , U.S, Dallas, Crow, Colorado, New York, Washington

☆ Stocks making the biggest moves after hours: Enphase Energy, PacWest Bancorp, Chipotle, Microsoft and more
▼ + stars: | 2023-04-25 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Enphase Energy — The solar inverter company saw shares slide about 16% after hours after reporting a mixed quarter that included disappointing revenue results. PacWest Bancorp — Shares of the regional bank jumped 15% after PacWest said it has seen deposit inflows over the past month. PacWest also reported a net loss of $1.21 billion for the quarter, due largely to a goodwill impairment charge. Chipotle's earnings and revenue for the first quarter beat estimates by analysts surveyed by Refinitv. Microsoft — The tech giant's shares rose nearly 5% after the company reported quarterly earnings and revenue that exceeded analysts' expectations, according to Refinitiv.

April 25 (Reuters) - Texas Instruments (TXN.O) forecast second-quarter revenue and profit below Wall Street estimates on Tuesday, signaling demand weakness is spreading to most of the analog chipmaker's end-markets. The company's revenue in both the personal electronics segment and the division that caters to data center servers fell 30% in the first quarter from the fourth quarter. Industrial market revenue was flat. Still automotive was a bright spot in the first quarter, with revenue up mid-single digits, the company said. The company forecast revenue in the current quarter in the range of $4.17 billion to $4.53 billion versus estimates of $4.44 billion.

☆ Big Tech earnings, crucial inflation call — here comes the biggest week of earnings season
▼ + stars: | 2023-04-22 | by ( Zev Fima | ) www.cnbc.com time to read: +9 min

Stocks stuck to a holding pattern this week as investors brace for an incoming wave of Big Tech earnings and the Fed's favorite inflation reading. Earnings reports have generally been better than expected so far this first quarter. Humana (HUM) reports before the bell Wednesday; Meta Platforms and Pioneer Natural Resources (PXD) report after the bell Wednesday. ET: Personal Spending & Income (includes PCE Price Index) Club trades this week Just one trade: We added 150 shares of Coterra Energy (CTRA) on Wednesday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Qaem-5 precision-guided munition, documented by Conflict Armament Research in Ukraine. Shahed-131 UAV documented by Conflict Armament Research in Ukraine. Circuit boards of four different items of Russian military equipment found in Ukraine by Conflict Armament Research investigators. Electronic components documented by Conflict Armament Research investigators in Ukraine. Source: Conflict Armament Research

☆ This chip stock offers 'best-in-class' free cash flow returns and nearly 30% upside, Bank of America says
▼ + stars: | 2023-04-04 | by ( Samantha Subin | ) www.cnbc.com time to read: +1 min

Analog Devices ' "best-in-class" free cash flow returns and exposure to a myriad of growth opportunities situate the chip stock for nearly 30% upside in the months ahead, according to Bank of America. "We value ADI at the higher end of peer comps due to ADI's growth potential and free cash flow generation." According to Arya, Analog Devices offers an intriguing combination of offensive and defensive attributes. ADI YTD mountain Shares of Analog Devices in 2023 Arya added that Analog Devices' valuation is also compelling. The stock's 2023 and 2024 enterprise value-to-free cash flow multiples are "about 2x turns below SPX industrial peers," he said.

☆ Wall St Week Ahead: U.S. economic resilience could add luster to semiconductor shares
▼ + stars: | 2023-02-24 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

The Philadelphia SE Semiconductor index (.SOX) is up about 16% so far this year, dwarfing the 3% year-to-date gain for the S&P 500 (.SPX) and the Nasdaq Composite’s (.IXIC) 8.5% rise. With semiconductors a key component in countless products, some investors are betting economic strength could help the shares outperform. "If that’s the case, then I think semiconductors can do very well.”Of course, economic strength has been a double-edged sword for stocks lately. Semiconductor shares have pulled back recently along with broader markets on worries of a "no landing" economic scenario in which strong growth keeps inflation elevated and prompts the Fed to raise interest rates higher for longer. And if tighter Fed policy eventually brings on a recession in the second half of the year, as some fear, semis could suffer.

☆ Wall St Week Ahead U.S. economic resilience could add luster to semiconductor shares
▼ + stars: | 2023-02-24 | by ( Lewis Krauskopf | ) www.reuters.com time to read: +5 min

☆ These four stocks won earnings season, and analysts see more gains for them
▼ + stars: | 2023-02-23 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

This earnings season has been rocky, at best, but some companies have stood out and are expected to see strong gains going forward. Earnings growth estimates have also grown by more than 10 percentage points since then. The stock is up more than 20% this earnings season, and analysts see the stock rising about 20% over the next 12 months, FactSet data shows. Before the earnings season, they forecast a 34% profit decline. Shares of Aptiv, which develops automotive tech, are up more than 17% since the earnings season began, and analysts see nearly 20% more upside, FactSet data shows.

☆ STMicroelectronics posts fourth-quarter sales rise
▼ + stars: | 2023-01-26 | by ( Martin Coulter | ) www.reuters.com time to read: +1 min

LONDON, Jan 26 (Reuters) - European chipmaker STMicroelectronics on Thursday beat fourth-quarter sales expectations, despite challenging economic conditions, benefiting from strong customer demand. Net revenue rose to $4.42 billon from $4.32 billion the previous quarter. Analysts had on average expected sales of $4.32 billion, IBES data from Refinitiv Eikon showed. Citing strong demand and increased manufacturing capacity, Chery said the company expects full-year revenue of $16.8 billion to $17.8 billion. The company has previously targeted full-year revenue of $20 billion by 2027.

☆ Texas Instruments Has a Lot Riding on Auto Chip Pileup
▼ + stars: | 2023-01-25 | by ( Dan Gallagher | ) www.wsj.com time to read: 1 min

Texas Instruments just projected its biggest sales slowdown in three years. Wall Street almost seems disappointed it isn’t worse. The chipmaker’s fourth-quarter results late Tuesday reflected the sharp downturn in demand being felt across many of the sector’s end markets. Revenue growth went negative on a year-over-year basis for the first time since early 2020 as the company noted declining sales to its industrial market as well as segments reflecting communications equipment, personal electronics and gear used in data centers.

☆ Texas Instruments signals expanding pain for chipmakers with somber forecast
▼ + stars: | 2023-01-25 | by ( Chavi Mehta | ) www.reuters.com time to read: +2 min

Jan 24 (Reuters) - Texas Instruments (TXN.O) forecast first-quarter revenue and profit largely below Wall Street targets on Tuesday, as an economic downturn threatens to shackle demand from the chipmaker's so far resilient markets. Order cancellations rose during the fourth quarter, head of investor relations Dave Pahl told analysts in an earnings call. Total revenue fell 3% to $4.67 billion in the quarter, compared with estimates of $4.62 billion. Texas Instruments expects revenue of $4.17 billion to $4.53 billion in the first quarter, the mid-point of which is lower than estimates of $4.41 billion, according to Refinitiv data. It expects current-quarter earnings per share between $1.64 and $1.90, the mid-point of which also fell short of expectations of $1.87.

☆ Watch CNBC’s full interview with Virtus' Joe Terranova, SVB’s Shannon Saccocia and G-Squared’s Victoria Greene
▼ + stars: | 2023-01-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Virtus' Joe Terranova, SVB’s Shannon Saccocia and G-Squared’s Victoria GreeneVirtus' Joe Terranova, SVB’s Shannon Saccocia and G-Squared’s Victoria Greene, join 'Closing Bell: Overtime' to discuss Microsoft and Texas Instruments earnings reports and the broader market.

☆ Texas Instruments' forecasts miss estimates in sign of wider demand slump
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +2 min

Jan 24 (Reuters) - Chipmaker Texas Instruments (TI) (TXN.O) forecast first-quarter revenue and profit below Wall Street targets on Tuesday as a wider economic downturn threatens to shake demand even in end-markets that were resilient last year. The automotive market was the only exception to weak demand, TI Chief Executive Rich Templeton, who will step down in April, said on Tuesday. TI's revenue fell 3% to $4.67 billion, but beat analysts' average estimate of $4.62 billion, according to Refinitiv data. The company expects revenue of $4.17 billion to $4.53 billion in the first quarter, the mid-point of which is lower than estimates of $4.41 billion. It expects current-quarter earnings per share between $1.64 and $1.90, the mid-point of which also fell short of expectations.

☆ Morning Bid: It's all about the weather
▼ + stars: | 2023-01-24 | by ( ) www.reuters.com time to read: +2 min

A look at the day ahead in European and global markets from Wayne Cole. Essentially banks could borrow at an average 0.145% fixed for five years to invest in JGBs - what could go wrong? The U.S. manufacturing PMI is forecast to dip to 46.0 from 46.2, with services at 45.0 from 44.7. Ironically, the weather in the States in recent weeks has been a lot worse than in Europe, which was not how this story was supposed to pan out. ($1 = 130.2100 yen)Reporting by Wayne Cole; Editing by Jacqueline WongOur Standards: The Thomson Reuters Trust Principles.

☆ Stocks making the biggest moves after hours: Microsoft, Texas Instruments, Capital One & more
▼ + stars: | 2023-01-24 | by ( Yun Li | ) www.cnbc.com time to read: +1 min

Capital One — The financial stock dipped more than 1% in extended trading after the company posted an earnings miss. Texas Instruments — The chip stock rose under 1% in extended trading after the company reported quarterly results that came in above expectations. Texas Instruments reported earnings of $2.13 per share, beating expectations of $1.98 per share, according to FactSet. Canadian National Railway — Canadian National Railway saw its shares dip more than 4% in extended trading, even as its quarterly results beat expectations. The company reported an EPS of 2.10 in Canadian dollars, compared to FactSet's estimate of C$2.08.

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