Tesla TSLA kicked off the Q3 reporting cycle for the Magnificent 7 companies in style, with significant gains on the margins front raising hopes that competitive pressures may have started to ease. Tesla’s issues have always been unique, not providing any read-through to the five Mag 7 peers that are coming out with Q3 results ...
The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a ...
In the second quarter of fiscal 2025, GSI Technology, Inc. GSIT incurred a net loss per share of 21 cents, wider than the loss of 16 cents per share in the prior-year quarter. Revenues for the quarter were $4.6 million, a decrease from $5.7 million in the second quarter of fiscal 2024. The company attributed ...
Sherwin-Williams stock price plunge is an opportunity for investors; the company sustains growth with its diversified business. Analysts are raising their price targets to align with robust technical targets, suggesting a 20% to 40% upside is possible. The capital return is safe, including share-count-reducing repurchases and the dividend. The Sherwin-Williams (NYSE:) sparked a knee-jerk reaction ...
There’s a public face to Amazon (NASDAQ: AMZN), which is very important. But when you dig into the story just a little bit, you see that Amazon’s public face is only a facade. The real business is about selling technology services. Here’s a look at the one important fact you can’t overlook if you buy, ...
Generous dividend yields can be dangerous. Double-digit dividend yields often show a company is in deep trouble, where a stalwart series of boosted payouts couldn’t drive stock prices higher. At the same time, cash-machine businesses can power their payouts from excessive cash flows, resulting in a strong yield that can last for many years. Fortunately, ...
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Semiconductor ETF (Symbol: SOXX) where we have detected an approximate $271.2 million dollar inflow — that’s a 1.9% increase week over week in outstanding units (from 63,100,000 to 64,300,000). Among the largest underlying components ...
Advanced Micro Devices AMD is set to release its third-quarter 2024 results on Oct. 29. AMD expects third-quarter 2024 revenues to be $6.7 billion (+/-$300 million). At the midpoint of the revenue range, this represents year-over-year growth of approximately 16% and sequential growth of approximately 15%. The Zacks Consensus Estimate for revenues is pegged at ...
LOS ANGELES, Oct. 23, 2024 /PRNewswire/ — The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Allarity Therapeutics, Inc. (“Allarity” or “the Company”) ALLR for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange ...
The most oversold stocks in the industrials sector presents an opportunity to buy into undervalued companies. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices go down. When compared to a stock’s price action, it can give traders a better ...
