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Applied Materials' revenue forecast signals weak spending outside AI chips

UPDATE 1-Applied Materials' revenue forecast signals weak spending outside AI chips Adds analyst comment in paragraph 3, details in paragraph 9 By Jaspreet Singh Nov 14 (Reuters) - Applied Materials AMAT.O forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment outside of AI-powered chips, sending its shares down nearly 5% in extended trading.
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Applied Materials forecasts quarterly revenue below estimates on weak demand

Applied Materials forecasts quarterly revenue below estimates on weak demand Nov 14 (Reuters) - Applied Materials AMAT.O forecast first-quarter revenue below Wall Street estimates on Thursday, a sign of sluggish demand for the chipmaking equipment outside of AI-powered chips, sending its shares down nearly 4% in extended trading. Despite the strong need for leading-edge equipment for AI chips, the weakness in certain markets has kept the spending slow, hitting demand for firms such as Applied Ma
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U.S. STOCKS BankUnited, Natera, Adaptimmune

BUZZ-U.S. STOCKS ON THE MOVE-BankUnited, Natera, Adaptimmune Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street's main indexes inched higher on Wednesday after in-line consumer price inflation data kept the U.S. Federal Reserve on track to deliver another interest rate cut in December.
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US lawmakers press top chip equipment makers for details on China sales

UPDATE 1-US lawmakers press top chip equipment makers for details on China sales Adds comment requests, quote, background By Alexandra Alper and David Shepardson WASHINGTON, Nov 8 (Reuters) - China hardliners in Congress are calling on the world's foremost semiconductor equipment makers - KLA KLAC.O , LAM LRCX.O , Applied Materials AMAT.O , Tokyo Electron 8035.T and ASML ASML.AS - to provide details of their sales to China.
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US lawmakers ask top chip equipment makers for details on China sales

US lawmakers ask top chip equipment makers for details on China sales WASHINGTON, Nov 8 (Reuters) - China hardliners in Congress are calling on the world's foremost semiconductor equipment makers - KLA KLAC.O , LAM LRCX.O , Applied Materials AMAT.O , Tokyo Electron 8035.T and ASML ASML.AS -- to provide details of their sales to China. Republican John Moolenaar and Democrat Raja Krishnamurthi sent letters to the companies on Thursday, according to a Friday press release, amid pushback from some e
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KLA Corp reports results for the quarter ended in September 30 - Earnings Summary

KLA Corp reports results for the quarter ended in September 30 - Earnings Summary KLA Corp KLAC.OQ reported quarterly adjusted earnings of $7.33​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of $5.74. The mean expectation of twenty analysts for the quarter was for earnings of $7.05 per share.
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KLA forecasts quarterly revenue above estimates as AI boosts demand for chipmaking tools

KLA forecasts quarterly revenue above estimates as AI boosts demand for chipmaking tools Oct 30 (Reuters) - Chipmaking equipment supplier KLA Corp KLAC.O forecast second-quarter revenue above Wall Street estimates on Wednesday, betting on growing demand for chips to support artificial intelligence workloads. Shares of the Milpitas, California-based company rose 2.1% in after-hours trading.
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KLA Q1 EPS USD 7.01

BRIEF-KLA Q1 EPS USD 7.01 Oct 30 (Reuters) - KLA Q1 revenue USD 2,842 million vs. IBES estimate USD 2,758 million. Q1 net income USD 946 million Q1 adjusted EPS USD 7.33 outlook Q2 EPS USD 7.45 outlook Q2 adjusted EPS USD 7.75 outlook Q2 revenue USD 2,950 million outlook Q2 gross margin 60%
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What to Watch in the Day Ahead - Wednesday, October 30

What to Watch in the Day Ahead - Wednesday, October 30 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT On the U.S. economic front, the Commerce Department's Bureau of Economic Analysis' advance estimate of the gross domestic product (GDP) is expected to show that the economy grew at a 3% pace i
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KLA Corp <KLAC.OQ> expected to post earnings of $7.05 a share - Earnings Preview

KLA Corp expected to post earnings of $7.05 a share - Earnings Preview KLA Corp KLAC.OQ KLAC.O is expected to show a rise in quarterly revenue when it reports results on October 30 for the period ending September 30 2024 The Milpitas California-based company is expected to report a 15.0% increase in revenue to $2.758 billion from $2.4 billion a year ago, according to the mean estimate from 19 analysts, based on LSEG data.The company's guidance on July 24 2024, for the period ended September 30,
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What to Watch in the Week Ahead and on Monday, October 28

What to Watch in the Week Ahead and on Monday, October 28 The Day Ahead is an email and PDF publication that includes the day's major stories and events, analyses and other features. To receive The Day Ahead, Eikon users can register at DAY/US . Thomson One users can register at RT/DAY/US. All times in ET/GMT ON MONDAY Ford is expected to report higher third-quarter revenue and profit, aided by sales of its commercial vehicles.
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U.S. stocks weekly: Triple sixes

RPT-BUZZ-U.S. stocks weekly: Triple sixes Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX extends winning streak to six weeks, adds 0.9%, nears 6k milestone .N ** This as all three major Wall Street benchmarks have risen six weeks in a row ** Though will this echo from the past haunt the S&P 500, just as it faces hurdles stacked up around 6k ?
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U.S. stocks weekly: Triple sixes

BUZZ-U.S. stocks weekly: Triple sixes ** S&P 500 .SPX extends winning streak to six weeks, adds 0.9%, nears 6k milestone .N ** This as all three major Wall Street benchmarks have risen six weeks in a row ** Though will this echo from the past haunt the S&P 500, just as it faces hurdles stacked up around 6k ? ** Indeed, record highs have felt good, but maybe too good ?
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U.S. STOCKS Albertsons, Foot Locker, Charles Schwab

BUZZ-U.S. STOCKS ON THE MOVE-Albertsons, Foot Locker, Charles Schwab Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq edged higher while the Dow dropped on Tuesday, with the benchmark index hovering near record highs as investors parsed a mixed set of quarterly results from companies such as UnitedHealth and Bank of America.
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Nvidia retreats from record; U.S. weighs capping firm's AI chips exports to some countries

BUZZ-Nvidia retreats from record; U.S. weighs capping firm's AI chips exports to some countries Updates, adds with ASML news, stock activity ** Nvidia's NVDA.O shares down 4.2% to $132.24 on Tues, a day after chipmaker notched record close ** Stock on Mon finished up 2.4%, and about 2% shy of its intraday all-time peak of $140.76 set on Jun 20 with investors betting on strong demand for its next-generation Blackwell AI processors ** Late Mon, Bloomberg News reported that U.S.
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Nvidia retreats from record; U.S. weighs capping firm's AI chips exports to some countries

RPT-BUZZ-Nvidia retreats from record; U.S. weighs capping firm's AI chips exports to some countries Repeats to add story link in third bullet ** Nvidia's NVDA.O shares down 4.8% to $131.53 on Tues, a day after chipmaker notched record close ** Stock on Mon finished up 2.4%, and about 2% shy of its intraday all-time peak of $140.76 set on Jun 20. with investors betting on strong demand for its next-generation Blackwell AI processors ** Late Mon, Bloomberg News reported that U.S.
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Nvidia retreats from record; U.S. weighs capping firm's AI chips exports to some countries

BUZZ-Nvidia retreats from record; U.S. weighs capping firm's AI chips exports to some countries ** Nvidia's NVDA.O shares down 4.8% to $131.53 on Tues, a day after chipmaker notched record close ** Stock on Mon finished up 2.4%, and about 2% shy of its intraday all-time peak of $140.76 set on Jun 20. with investors betting on strong demand for its next-generation Blackwell AI processors ** Late Mon, Bloomberg News reported that U.S.
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Nvidia notches record closing high as chip stocks advance

BUZZ-Nvidia notches record closing high as chip stocks advance Updates to market close, adds context ** Shares of AI darling Nvidia NVDA.O finish Mon up 2.4% at $138.07, a record high close as chip stocks outperform ** With rise on the session, NVDA just ~2% shy of its intraday all-time peak of $140.76 set on Jun 20 ** NVDA on the brink of dethroning Apple AAPL.O as the world's most valuable co as investors bet on strong demand for its next-generation Blackwell AI processors ** At Mon close, AAP
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U.S. STOCKS Bausch + Lomb, SpartanNash, Hologic

BUZZ-U.S. STOCKS ON THE MOVE-Bausch + Lomb, SpartanNash, Hologic Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Wall Street rose on Monday, with the S&P 500 and the Dow touching fresh intraday record highs, as investors geared up for a week packed with corporate earnings and crucial economic data that will likely test stretched stock market valuations.
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U.S. STOCKS Adobe, BigBear.ai, PG&E

BUZZ-U.S. STOCKS ON THE MOVE-Adobe, BigBear.ai, PG&E Oct 14 (Reuters) - The S&P 500 and Nasdaq rose on Monday, with the benchmark index touching an intraday record high as investors geared up for a week packed with corporate earnings and crucial economic data that will likely test stretched stock market valuations. .N At 11:33 a.m. ET, the Dow Jones & Company Inc .DJI up 0.3% at 42,977.41. The S&P 500 .SPX was up 0.58% at 5,848.9 and the Nasdaq Composite .IXIC was up 0.75% at 18,480.636. The top
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