|Bid||46.46 x 4000|
|Ask||46.84 x 1100|
|Day's range||46.73 - 47.52|
|52-week range||28.79 - 52.42|
|Beta (3Y monthly)||1.61|
|PE ratio (TTM)||14.81|
|Earnings date||13 Nov 2019 - 18 Nov 2019|
|Forward dividend & yield||0.84 (1.79%)|
|1y target est||51.91|
The Zacks Analyst Blog Highlights: Estee Lauder, Becton, Dickinson, Applied Materials, Regeneron and HollyFrontier
Applied Materials (AMAT) shares have fallen more than 4% on Friday. The company announced its third-quarter results after the market closed on Thursday.
Applied Materials' (AMAT) solid momentum in U.S. and Taiwan benefits its fiscal third-quarter results. However, softness in semiconductor and display markets were major concerns.
Deere & Co., Nvidia, Applied Materials and Facebook are the companies to watch on Friday, August 16, 2019.
* FTSE trading delayed by almost 2 hours due to technical glitch * STOXX 600 +1%, Germany's DAX +0.98, FTSE 100 +0.3% * European semis rise after solid results from Nvidia * INCD slumps 11% after Q2 miss * Welcome to the home for real-time coverage of European equity markets brought to you by Reuters stocks reporters and anchored today by Josephine Mason. Reach her on Messenger to share your thoughts on market moves: email@example.com POST-HOLIDAY SHOCK! (1356 GMT) It's only going to get worse from here, BNP Paribas economists say. "Those returning from summer holidays have had a bit of a shock, with the global outlook left looking decisively gloomier by escalating U.S.–China trade tensions, the Argentinian crisis, unrest in Hong Kong and renewed Italian political jitters," they write in a note.
Readers hoping to buy Applied Materials, Inc. (NASDAQ:AMAT) for its dividend will need to make their move shortly, as...
European shares rebounded from six-months lows on Friday, ending a tumultuous week on a positive note as hopes of fiscal stimulus from Germany lifted sentiment and sparked a rally in the battered banks sector, helping them post their best day in 4-1/2 months. Germany's right-left coalition government would be prepared to ditch its balanced budget rule and take on new debt to counter a possible recession, Der Spiegel magazine reported on Friday. Germany's DAX, pressured of late by fears of a slide into recession as trade tensions between the United States and China flare up, rose 1.3%, and German bonds came off lows after the report.
Gibraltar's chief minister has indicated the detained Iranian tanker Grace 1 could set sail from the UK territory as early as today, de-escalating a row with Tehran that has assumed much wider geo-political proportions. The episode is being watched for signs that the UK is bringing its foreign policy more closely into line with that of Donald Trump's America as it leaves the European Union. It all takes place as Trump said overnight that progress is being made on a "fantastic and big" post-Brexit trade deal between the U.S. and UK, stating that he and UK PM Boris Johnson are "very much aligned".
Applied Materials (AMAT) delivered earnings and revenue surprises of 5.71% and 1.02%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?
On Friday, chipmakers Nvidia and Applied Materials will be in focus following their quarterly results that were released Thursday evening.
The company, whose results are often seen as a barometer for the semiconductor industry, said spending by memory chip customers was lower in the third quarter, compared with a year earlier. "We don't expect to see a recovery in 2019, we see it as a 2020 event ... We expect to see NAND (flash memory chips) first then followed by DRAM," Chief Executive Officer Gary Dickerson said on a post-earnings call with analysts. Betting on rising demand for memory chips used in data centers, 5G phones and AI-powered devices, Applied Materials early last month agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc .
Applied Materials' (AMAT) technology leadership position and strong product line in Display and Services are likely to aid fiscal third-quarter results.
(Bloomberg) -- Terms of Trade is a daily newsletter that untangles a world embroiled in trade wars. Sign up here. Apple Inc. shares spiked on Tuesday after the U.S. delayed a 10% tariff on certain Chinese imports, including such technology products as cell phones and laptop computers.The stock jumped as much as 5.2%, its biggest one-day percentage gain since July.The iPhone maker is highly correlated to trade issues with China, given the country is both a key part of its supply chain as well as a major source of revenue. According to data compiled by Bloomberg, nearly 20% of Apple’s 2018 revenue was derived from China, with cell phones a dominant part of its overall business. The company’s iPhone represents more than 60% of its sales.The 10% tariff had been seen as a major potential headwind. According to Wedbush analyst Daniel Ives, the tariffs would have lowered Apple’s 2020 earnings by 50 to 55 cents a share had they gone into effect. (The consensus is for earnings of $12.76 a share in 2020, per Bloomberg data.)“The overall China tariff/demand situation represents a $20-$25 overhang on Apple shares and will remain a lingering cloud over the story in the near-term,” Ives wrote in a note published Aug. 13, prior to the news about the tariff delay.Apple was not the only company to spike off the news, with the Philadelphia Semiconductor Index jumping as much as 2.6% in morning trading. Chipmakers have been among the most impacted by trade-related uncertainty; on Monday, Cowen wrote that a demand recovery for the industry was “likely capped until a trade resolution is reached.”Among specific semiconductor stocks, Texas Instruments rose 2.4%, Micron Technology spiked 6.2% and Applied Materials was up 2.5%.Best Buy Co Inc., the technology retailer, surged 8.3% following the news of the delay.To contact the reporter on this story: Ryan Vlastelica in New York at firstname.lastname@example.orgTo contact the editors responsible for this story: Catherine Larkin at email@example.com, Steven FrommFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Applied Materials is the global leader in semiconductor equipment to manufacture integrated circuits, AKA semiconductor chips.
CSX, Caterpillar, JPMorgan, Macy???s, Wal-Mart, Deere & Co., Nvidia and Applied Materials are part of Zacks Earnings Preview
After a turbulent week for stocks, the markets are facing another volatile week as the trade war and key economic data take centerstage.