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Qorvo

News

Reuters - 4 days ago

Apple supplier IQE to launch strategic review as it warns of flat revenue this year

UPDATE 2-Apple supplier IQE to launch strategic review as it warns of flat revenue this year Co to further optimise operations and right-size business Expects 2024 revenue to be flat year-on-year Shares fall 15.5% to an over 15-year low Adds shares, IQE comment, background and peer comparison Nov 18 (Reuters) - British semiconductor wafer maker IQE IQE.L said on Monday it would start a strategic review of its assets and consider a full sale of its Taiwan operations, as it warned that group reven
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Reuters - 1 week ago

Skyworks Solutions forecasts quarterly results below estimates on weak auto demand

Skyworks Solutions forecasts quarterly results below estimates on weak auto demand Nov 12 (Reuters) - Apple supplier Skyworks Solutions SWKS.O forecast firs t-qu arter revenue and profit below Wall Street estimates on Tuesday, indicating weak demand from automotive and industrial clients. Shares of the California-based company fell 3.1% in extended trading.
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Reuters - 1 week ago

Qorvo Appoints Alan S. Lowe To Its Board Of Directors

BRIEF-Qorvo Appoints Alan S. Lowe To Its Board Of Directors Nov 12 (Reuters) - Qorvo Inc QRVO.O : QORVO® APPOINTS ALAN S. LOWE TO ITS BOARD OF DIRECTORS Source text: ID:nGNXh0H5Z Further company coverage: QRVO.O
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Reuters - 3 weeks ago

U.S. stocks weekly: Spooked

RPT-BUZZ-U.S. stocks weekly: Spooked Repeats from Friday with no changes to text. Updates chart ** S&P 500 .SPX falls second straight week, loses 1.4% as earnings season dominates the headlines .N ** Dow .DJI edges down for a second week in a row, while Nasdaq Composite .IXIC ends seven-week run of gains ** Indeed, S&P 500 index is struggling to rekindle its spirit ** Benchmark U.S.
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Reuters - 3 weeks ago

U.S. stocks weekly: Spooked

BUZZ-U.S. stocks weekly: Spooked ** S&P 500 .SPX falls second straight week, loses 1.4% as earnings season dominates the headlines .N ** Dow .DJI edges down for a second week in a row, while Nasdaq Composite .IXIC ends seven-week run of gains ** Indeed, S&P 500 index is struggling to rekindle its spirit ** Benchmark U.S. 10-year Treasury yield US10YT=RR climbing into the Cloud , and on track to rise for an eighth straight week ** Nearly every sector startled: Technology most timid, while just Co
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Reuters - 3 weeks ago

Wall street ends lower ahead of megacap earnings

US STOCKS-Wall street ends lower ahead of megacap earnings Microsoft and Meta beat quarterly revenue estimates AMD falls, weighing on chip stocks Alphabet jumps on earnings beat Indexes down: Dow 0.22%, S&P 0.33%, Nasdaq 0.56% Updates as of 4:30 p.m. ET (1030 GMT By Abigail Summerville Oct 30 (Reuters) - U.S. stock indexes closed lower on Wednesday as chip stocks tumbled and investors awaited a host of corporate earnings.
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Reuters - 3 weeks ago

Nasdaq, S&P end lower ahead of megacap earnings

US STOCKS-Nasdaq, S&P end lower ahead of megacap earnings Alphabet jumps on earnings beat Eli Lilly misses weight-loss, diabetes drug estimates AMD falls, weighing on chip stocks Updates as of 4 p.m. ET (1000 GMT By Abigail Summerville Oct 30 (Reuters) - The Nasdaq and S&P 500 closed lower on Wednesday as chip stocks tumbled and investors await a host of corporate earnings.
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Reuters - 3 weeks ago

Wall St struggles for direction ahead of mega cap earnings

US STOCKS-Wall St struggles for direction ahead of mega cap earnings Alphabet jumps to over three-month high Eli Lilly misses weight-loss, diabetes drug estimates AMD falls, weighing on chip stocks Indexes: Dow up 0.19%, S&P 500 unchanged, Nasdaq down 0.09% Updates at 2:20 p.m. ET (1820 GMT By Abigail Summerville Oct 30 (Reuters) - U.S. stock indexes were mixed on Wednesday, with the Dow gaining and the tech-heavy Nasdaq falling, as investors assessed a host of corporate earnings.
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Reuters - 3 weeks ago

U.S. STOCKS Zimmer Biomet, Shake Shack, Microsoft

BUZZ-U.S. STOCKS ON THE MOVE-Zimmer Biomet, Shake Shack, Microsoft 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 U.S. stock indexes advanced on Wednesday, with the tech-heavy Nasdaq rising to a record high, as investors assessed corporate earnings as well as crucial data showing the economy maintained a steady pace of growth in the third quarter.
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Reuters - 3 weeks ago

U.S. STOCKS XPO, Blueprint Medicines, AbbVie

BUZZ-U.S. STOCKS ON THE MOVE-XPO, Blueprint Medicines, AbbVie 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 U.S. stock indexes were muted on Wednesday as investors assessed mixed corporate results as well as crucial data showing the economy maintained a steady pace of growth in the third quarter.
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Reuters - 3 weeks ago

Wall St gains as Alphabet lifts Nasdaq to fresh record high

US STOCKS-Wall St gains as Alphabet lifts Nasdaq to fresh record high For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Alphabet jumps to over three-month high Eli Lilly misses weight-loss, diabetes drug estimates AMD falls, weighing on chip stocks ADP jobs data posts beat, Q3 GDP advance numbers miss estimates Indexes up: Dow 0.51%, S&P 500 0.29%, Nasdaq 0.24% Updated at 12:01 p.m.
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Reuters - 3 weeks ago

S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Garmin Ltd GRMN.N +23.1% Smurfit WestRock PLC SW.N +10.1% FMC Corp FMC.N +9.7% Dayforce Inc DAY.N +8.7% Dell Technologies Inc DELL.N +7.6% Bottom Performers Percent Change Super Micro Computer Inc SMCI.OQ -31.8% Qorvo Inc QRVO.OQ -26.9
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Reuters - 3 weeks ago

US chip stocks down after AMD, QRVO dour forecasts

BUZZ-US chip stocks down after AMD, QRVO dour forecasts Updates ** U.S.-listed chip stocks fall after Advanced Micro Devices AMD.O and chipmaker Qorvo QRVO.O dour forecasts ** AMD on Tuesday forecast Q4 rev. just shy of estimates and raised its AI chip sales forecast to $5 bln for 2025 - not enough to impress i nvestors looking for a bigger windfal
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Reuters - 3 weeks ago

U.S. STOCKS Visa, Reddit, Bank of America

BUZZ-U.S. STOCKS ON THE MOVE-Visa, Reddit, Bank of America 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 U.S. stock index futures rose on Wednesday, as Alphabet's strong quarterly results buoyed sentiment around technology megacaps, while investors also awaited crucial data to gauge the strength of the economy and the labor market.
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Reuters - 3 weeks ago

Soitec, Besi shares dragged by peers Melexis, Qorvo morose updates

REFILE-BUZZ-Soitec, Besi shares dragged by peers Melexis, Qorvo morose updates Deletes extraneous words in 7th bullet ** European tech firms incl chipmakers drop, with analysts noting negative read-across from updates by Belgium's Melexis MLXS.BR and US's Qorvo QRVO.O and AMD AMD.O ** Pan-European STOXX tech index .SX8P falls 1.7%, leading sectoral losses on the wider STOXX 600 .STOXX index, which is down 0.86% ** Besi BESI.AS falls 3.2%, most among Amsterdam blue chips .AEX , while Soitec SOIT.
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Reuters - 3 weeks ago

STOXX 600 hits one-month low as bleak earnings weigh, tech stocks slump

UPDATE 2-STOXX 600 hits one-month low as bleak earnings weigh, tech stocks slump For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window Europe's blue chips dragged by Melexis, Qorvo, AMD's downbeat updates Hazy capital outlook weighs on UBS shares ASMI jumps as guidance hike, Q3 beat suggest no slowdown Euro zone economy grows quicker than expected, but outlook remains weak Updates with closing levels By Ankika Biswas and Pranav Kashyap Oct 30
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Reuters - 3 weeks ago

U.S. Agilon Health, Alphabet, Crocs

U.S. RESEARCH ROUNDUP-Agilon Health, Alphabet, Crocs Oct 30 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Agilon Health, Alphabet and Crocs, on Wednesday. HIGHLIGHTS * Agilon Health Inc AGL.N : Citigroup cuts to sell from neutral * Alphabet Inc GOOGL.O : Seaport Research Partners raises to buy from neutral * Crocs Inc CROX.O : Raymond James cuts to market perform from outperform * Leggett & Platt Inc LEG.N : Piper
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Reuters - 3 weeks ago

Qorvo Inc reports results for the quarter ended in September 30 - Earnings Summary

Qorvo Inc reports results for the quarter ended in September 30 - Earnings Summary Qorvo Inc QRVO.OQ reported quarterly adjusted earnings of $1.88​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of $2.39. The mean expectation of twenty one analysts for the quarter was for earnings of $1.85 per share.
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Reuters - 3 weeks ago

Qorvo forecasts third-quarter results below estimates; shares down

Qorvo forecasts third-quarter results below estimates; shares down Oct 29 (Reuters) - Chipmaker Qorvo QRVO.O on Tuesday forecast third-quarter revenue and profit below Wall Street estimates, pressured by stiff competition and a consumer shift towards entry-tier smartphones, sending the company's shares down 14% in extended trading. The demand for budget-friendly Android 5G smartphones is on the rise from mid-tier mobile models.
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Reuters - 3 weeks ago

Qorvo Q2 0.18

BRIEF-Qorvo Q2 EPS USD -0.18 Oct 29 (Reuters) - Qorvo Q2 adjusted gross margin 47%. Q2 gross margin 42.6% Q2 operating income USD 9.7 million Q2 revenue USD 1,047 million vs. IBES estimate USD 1,028 million outlook Q3 revenue USD 900 million
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