DIRS.INFO The most relevant business & tech news

☆ DASH exceeded my expectations this quarter, says Pivotal Advisors' Tiffany McGhee
▼ + stars: | 2023-02-16 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDASH exceeded my expectations this quarter, says Pivotal Advisors' Tiffany McGheeTiffany McGhee, CEO and CIO of Pivotal Advisors joins Brian Sullivan and the 'CNBC Special: Taking Stock' to discuss three stocks making big moves after hours: DoorDash, Applied Materials and DraftKings.

☆ These 10 quality stocks are cheap and set to beat the market, Bernstein says
▼ + stars: | 2023-02-13 | by ( Hakyung Kim | ) www.cnbc.com time to read: +3 min

Investors looking for protection — and possibly even outperformance — this year will benefit from being more selective about the quality stocks they buy, according to Bernstein. The problem this year, however, is that quality stocks are trading at a 12.5% premium to their historical valuation, analyst Sarah McCarthy said in a note. With this in mind, Bernstein compiled a list of quality stocks that are trading at a "reasonable price." Tech giant Microsoft came on top of Bernstein's picks of cheap quality stocks with an upside. Danaher, Adobe, Pioneer Natural Resources, Applied Materials and Elevance Health also made Bernstein's list.

☆ Investors need to embrace these stocks that we love
▼ + stars: | 2023-02-12 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

I’ve typically done this stock picking feature in early to mid February as a Stocks We Love type of story, pegging it to Valentine’s Day. The restaurant stocks in particular could do well. Inflation is obviously still a concern for big consumer brands. Consumer prices rose 6.5% over the past 12 months through December, down from a 7.1% pace in November. Up nextMonday: Earnings from TreeHouse Foods (THS), Avis Budget (CAR), FirstEnergy (FE), IAC (IAC) and PalantirTuesday: US CPI; Japan GDP; UK employment report; earnings from Coca-Cola, Asahi Group, Marriott (MAR).

☆ Key inflation data in the week ahead will offer clues to future Fed rate moves and the market's path
▼ + stars: | 2023-02-11 | by ( Zev Fima | ) www.cnbc.com time to read: +8 min

Looking forward The January consumer price index (CPI) , which calculates the average change over time in prices that shoppers pay for goods and services, is slated for Tuesday. Economists and investors will use the number to gauge the odds of a soft landing or hard landing for the economy. The producer price index (PPI) for January, which calculates the change in selling prices received by producers of goods and services, is out on Thursday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

☆ Cramer’s week ahead: There are plenty of high-quality stocks to buy
▼ + stars: | 2023-02-10 | by ( Krystal Hur | ) www.cnbc.com time to read: +4 min

All estimates for earnings, revenue and economic data for the week are courtesy of FactSet. Monday: TreeHouse FoodsQ4 2022 earnings release at 6:55 a.m. Tuesday: Coca-Cola, AirbnbCoca-ColaQ4 2022 earnings release at 6:55 a.m. AirbnbQ4 2022 earnings release at 4:05 p.m. Thursday: Constellation Energy, Applied Materials, DraftKings, DoorDashConstellation EnergyQ4 2022 earnings release at TBA time; conference call at 10 a.m.

With a majority of S & P 500 companies having posted their quarterly results, investors' focus will turn toward inflation and the consumer price index reading in the upcoming week. The three major indexes are on pace to end the week down, with the S & P 500 poised to post its worst performance since December. Sharp declines for Alphabet , which is off by more than 9% this week, dragged the tech-heavy index. January's consumer price index With the latest Powell speech in the books, investors are now looking ahead to the consumer price index for insight into the pace of inflation. "Retail sales and CPI is really driven by the consumer, and a lot of eyes are on how the consumer doing," Bruno said.

☆ Here's how to invest in the AI craze, according to ChatGPT
▼ + stars: | 2023-02-04 | by ( Carla Mozée | ) www.businessinsider.com time to read: +4 min

"There are several ways to invest in AI," ChatGPT answered. "Purchase shares of private AI companies," it also responded. ChatGPT's charm stems from its natural-language ability, so I asked it:What companies can I invest in for exposure to natural language processing? Microsoft (MSFT): Microsoft has a number of different NLP products, including Microsoft Cognitive Services and the Azure Machine Learning platform. But I asked ChatGPT anyway: Can I invest in ChatGPT?

☆ China ban would slow, not halt, Western solar push
▼ + stars: | 2023-02-03 | by ( Lisa Jucca | ) www.reuters.com time to read: +3 min

Beijing may ban the export of technology used to make solar panels, an industry which China dominates by controlling at least 75% of its global supply chain. The ban would not, however, extend to China’s solar panels themselves, protecting an export market worth $40 billion in the first 10 months of 2022, sector data shows. Losing access to Chinese solar technology, such as furnaces for melting silicon, would not be an insurmountable problem for the West. A ban would nonetheless hurt a Western push to boost domestic solar panel manufacturing. Export restrictions would include technologies used to produce large-size solar panel silicon wafers, black silicon and ultra-efficient silicon ingots, according to Chinese media reports.

☆ Dutch, Japanese curbs on chip equipment to China may not be tough enough -industry group
▼ + stars: | 2023-02-01 | by ( Karen Freifeld | ) www.reuters.com time to read: +3 min

Feb 1 (Reuters) - A chip industry group is warning that if U.S. allies do not adopt curbs on semiconductor manufacturing equipment to China that are comparable to U.S. controls, they will not be effective. However, in a lengthy comment dated Jan. 31 on the October regulations, the group expressed concern that the allies' curbs would not be nearly as restrictive as the U.S. controls. It noted that U.S. equipment companies' share of the Chinese market has eroded for the past two years, as Chinese companies anticipated the new curbs. The U.S. Department of Commerce, which issued the October rules and has been working with allies, had no immediate comment. SEMI has over 2,500 members worldwide, including leading U.S. equipment makers Lam Research and Applied Materials.

☆ U.S., India partnership targets arms and AI to compete with China
▼ + stars: | 2023-01-31 | by ( Trevor Hunnicutt | ) www.reuters.com time to read: +3 min

WASHINGTON, Jan 31 (Reuters) - The White House is launching a partnership with India on Tuesday that President Joe Biden hopes will help the countries compete against China on military equipment, semiconductors and artificial intelligence (AI). Yet the White House faces an uphill battle on each front, including U.S. restrictions on military technology transfer and visas for immigrant workers, along with India's longstanding dependence on Moscow for military hardware, issues it hopes to now address. But Washington has held its tongue, nudging the country on Russia while condoning India's more hawkish stance on China. General Electric Co (GE.N), meanwhile, is asking the U.S. government for permission to produce jet engines with India that would power aircraft operated and produced by India, according to the White House, which says a review is underway. Reporting by Trevor Hunnicutt; Editing by Chris Sanders, Josie Kao and Himani SarkarOur Standards: The Thomson Reuters Trust Principles.

☆ U.S. stops provision of licences for export to China's Huawei - FT
▼ + stars: | 2023-01-30 | by ( ) www.reuters.com time to read: +1 min

Jan 30 (Reuters) - The Biden administration has stopped providing U.S. companies with licences to export to Chinese telecom equipment firm Huawei, the Financial Times reported on Monday, citing people familiar with the matter. The U.S. commerce department had notified some companies that it would no longer grant the licences, the report said. This potentially implies a move towards total ban on the sale of American technology to Huawei. The commerce department, Huawei and chip equipment maker Applied Materials (AMAT.O) did not immediately respond to Reuters requests for comment. In 2019, the Trump administration imposed a trade ban on Huawei, citing national security concerns, which barred the company from using Alphabet Inc's (GOOGL.O) Android for its new smartphones, among other critical U.S.-origin technologies.

☆ Intel's 'historic collapse' triggers selloff in chip stocks
▼ + stars: | 2023-01-27 | by ( Aditya Soni | ) www.reuters.com time to read: +2 min

The company predicted a surprise loss for the first quarter and its revenue forecast was $3 billion below estimates as it also struggled with slowing growth in the data center business. "No words can portray or explain the historic collapse of Intel," said Rosenblatt Securities' Hans Mosesmann, who was among the 21 analysts who cut their price targets on the stock. The company has steadily been losing market share to rivals like AMD, which has used contract chipmakers such as Taiwan-based TSMC (2330.TW) to make chips that outpace its technology. "AMD's Genoa and Bergamo (data center) chips have a strong price-performance advantage compared to Intel's Sapphire Rapids processors, which should drive further AMD share gains," said Matt Wegner, analyst at YipitData. With capital expenditure estimated to be around $20 billion in 2023, analysts say the company should consider cutting its dividend.

☆ Intel's 'historic collapse' sparks selloff in chip stocks
▼ + stars: | 2023-01-27 | by ( ) www.reuters.com time to read: +2 min

"No words can portray or explain the historic collapse of Intel," said Hans Mosesmann, analyst at Rosenblatt Securities, who was among the 16 analysts who cut their price targets on the stock. "AMD's Genoa and Bergamo chips have a strong price-performance advantage compared to Intel's Sapphire Rapids processors, which should drive further AMD share gains," said Matt Wegner, analyst at YipitData. Intel's results are also expected to sharply reduce the cash flow available to the company at a time when the CEO is trying to revive the business by expanding contract manufacturing and building new factories in the United States and Europe. "It is now clear why Intel needs to cut so much cost as the company's original plans prove to be fantasy," Bernstein analysts said. Reporting by Aditya Soni, Nivedita Balu and Chavi Mehta in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

☆ Factbox: What is a chip making tool?
▼ + stars: | 2023-01-26 | by ( ) www.reuters.com time to read: +3 min

WHAT ARE CHIP-MAKING TOOLS? A single chip factory can contain 1,000 or more tools, each tuned to a different step in the process. The biggest and most sophisticated lithography machines require three Boeing 747s to carry them in sections and can cost as much as $160 million. The raft of measures, if effective, could hobble China's chip manufacturing industry by forcing American and foreign companies that use U.S. technology to cut off support for some of China's leading factories and chip designers. But to be effective, the United States needs the Netherlands and Japan to jump on board with similar restrictions.

☆ ASML CEO expects steady China sales in 2023 despite restrictions
▼ + stars: | 2023-01-25 | by ( ) www.reuters.com time to read: +2 min

SummarySummary Companies ASML sees 2023 China sales around 2022 level of 2.2 bln eurosChinese orders make up about 15% of ASML backlogChinese chipmakers are simply shifting investment -CEOAMSTERDAM, Jan 25 (Reuters) - ASML Holding NV's (ASML.AS) exports to mainland China will likely hold at last year's level in 2023 despite ongoing U.S-Dutch government talks over new restrictions on the company's sales to the country, CEO Peter Wennink said on Wednesday. The company still sends older DUV machines to China, although these are now a focus of the U.S.-Dutch talks. Such sales totalled around 2.16 billion euros ($2.35 billion), or 14% of total revenue, last year, down marginally from 2.17 billion in 2021. "They just become very practical," he said, adding that Chinese customers are investing in 20 nanometre chips and larger - those considered cutting edge before the year 2014. ($1 = 0.9175 euros)Reporting by Toby Sterling; Editing by Kirsten DonovanOur Standards: The Thomson Reuters Trust Principles.

☆ Barclays upgrades AMD, says semiconductor maker can maintain server leadership while branching out
▼ + stars: | 2023-01-23 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Advanced Micro Devices could rally as it maintains server leadership and branches out in other areas of technology, Barclays said. Analyst Blayne Curtis upgraded the semiconductor maker to overweight from equal weight. "We would like to see AMD capture more of the AI opportunity and are intrigued by its recently announced MI300 (CPU+GPU shipping in 2H23)." In addition to AMD, Curtis upgraded Qualcomm and Seagate Technology to overweight from equal weight given his improved outlook for companies with exposure to data centers, personal computers and headsets. On the other hand, he downgraded Applied Materials and KLA to underweight from equal weight and Veeco Instruments to equal weight from overweight, citing continued challenges for wafer fab equipment.

☆ Goldman says non-U.S. stocks will beat the S&P 500 this year — and gives several ways to play it
▼ + stars: | 2023-01-23 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

"We expect non-US equities to outperform the S & P 500 in 2023, and many clients agree." One way to play the trend is through companies with foreign revenue exposure, according to Goldman. The Wall Street firm said its China Sales Exposure basket, which contains Russell 1000 companies with the highest sales exposure to China, has outpaced the S & P 500 by 5 percentage points as the dollar declined. Investors should also look at S & P 500 stocks with high international sales exposure, Goldman said. Netflix is one of the stocks with high international revenue exposure.

☆ Venture capitalists’ pain could be humanity’s gain
▼ + stars: | 2022-12-22 | by ( Pete Sweeney | Thomson Reuters | Asia Economics Editor Pete Sweeney Joined Reuters Breakingviews In Hong Kong In September Previously He Served As Reuters' Chief Correspondent For China Economy | ) www.reuters.com time to read: +3 min

A record $630 billion poured into venture capital investments that year. Now, as interest rate hikes tear into alternative assets, money going into innovation is being reallocated. Global VC funding fell to $329 billion in the nine months to September 2022, per a report from CBInsights, down 27% year-on-year. The liquidity crunch exposed governance flaws, dumb ideas and solutions looking for problems: metaverses, non-fungible images of bored apes, flying cars. Designing microscopic robots to fight disease and biochemical computers to outperform silicon chips entails higher upfront costs and longer commercialisation cycles than the consumer app plays many Silicon Valley backers are accustomed to.

☆ Cramer's lightning round: Oxford Lane Capital is not a buy
▼ + stars: | 2022-12-19 | by ( Krystal Hur | ) www.cnbc.com time to read: +1 min

Loading chart...DraftKings Inc : "I feel safer in my DraftKings than I do in a crypto. Applied Industrial Technologies Inc : "It's up 20% and that might be too much for the year." Loading chart...Oxford Lane Capital Corporation: "They own these collateralized loan obligations, which is always the stuff people really worry about going into a recession, so I'm going to have to take a pass on this one." Loading chart...Star Bulk Carriers Corp : "I have not been in favor of the carriers. I'm not going to change my mind."

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Carvana, Expedia, Shopify, Roku & more
▼ + stars: | 2022-12-07 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Bank of America reiterates Warner Brothers Discovery as buy Bank of America said Warner Brothers Discovery shares are the "best value in media." Wolfe downgrades Shopify and Chewy to peer perform from outperform Wolfe downgraded Shopify and Chewy on concerns about consumer weakness in e-commerce. "We are also revising our ratings on SHOP and CHWY to Peer Perform from Outperform after the recent rally." Peer Perform previously)." JMP upgrades MongoDB to market outperform from market perform JMP upgraded the developer data platform company after its earnings report on Tuesday.

"Initially when that (Bullard commentary) came out, you saw the market sell off and then there was some discussion about was he being over-reactive?" Equities had seen strong gains last week after a softer-than-expected inflation report boosted hopes of smaller rate hikes from the Fed. Most of the 11 major S&P 500 sectors advanced, with defensive utilities (.SPLRCU) and real estate (.SPLRCR) leading gains, up about 1% each. The S&P index recorded six new 52-week highs and no new low, while the Nasdaq recorded 34 new highs and 60 new lows. Reporting by Shubham Batra, Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Shounak Dasgupta and Vinay DwivediOur Standards: The Thomson Reuters Trust Principles.

☆ BofA says the bull case for chips is 'compelling,' picks its top stocks to buy
▼ + stars: | 2022-11-18 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Chip stocks, once a hot favorite among investors, are doing poorly this year . But BofA says that despite consumer demand remaining under pressure, the "bull case for semis is also compelling." Here are some themes that chip stocks could ride on, says the bank, which also picked names to buy. BofA picked these stocks that it said have "best-in-class" 30% free cash flow margins, with 1.8% dividend yield: Analog Devices – its top pick, and Broadcom . Compelling valuations The bank says semiconductor capital equipment stocks "provide an ideal mix of compelling valuations," with about 14 to 15 times forward price-to-earnings.

☆ Stocks making the biggest moves premarket: Foot Locker, JD.com, Gap and others
▼ + stars: | 2022-11-18 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:Foot Locker (FL) – Foot Locker shares soared 14% in the premarket after beating top and bottom line estimates for its latest quarter. JD.com (JD) – The China-based e-commerce company reported better-than-expected quarterly results as Covid-related lockdowns in China prompted more consumers to shop online. JD.com shares jumped 5.2% in premarket trading. Gap (GPS) – Gap shares rallied 5.1% in premarket trading after an unexpected return to profitability and better-than-expected sales. Williams-Sonoma reported better-than-expected sales and profit for its latest quarter.

☆ What Cramer is watching Friday — Fed plays good cop, bad cop and off-price retailers shine
▼ + stars: | 2022-11-18 | by ( Jim Cramer | ) www.cnbc.com time to read: +4 min

Rival Ross Stores (ROST) gets multiple price target increases. Citi raises BJ's Wholesale (BJ) price target to $83 per share from $81 after earnings beat. Multiple price target raises on Club Bullpen name Palo Alto Networks (PANW). Barclays raises Applied Materials (AMAT) price target to $90 per share $80 but keeps neutral rating. Piper Sandler starts DraftKings (DKNG) with an overweight (buy) rating and a $21-per-share price target, which implies about 40% upside from Thursday's close.

☆ Chipmakers respond to U.S. export controls and macro conditions
▼ + stars: | 2022-11-18 | 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 EmailChipmakers respond to U.S. export controls and macro conditionsCNBC's Kristina Partsinevelos joins 'TechCheck' to discuss Applied Materials coming off highs after earnings, the concerns related to U.S. export trade restrictions in China and Intel's Sandra Rivera on the macro environment pressures on chip producers.

Search resuls for: "Applied Materials"

25 mentions found