BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Arm Holdings PLC ARM.OQ +8.0% ON Semiconductor Corp ON.OQ +7.2% KLA Corp KLAC.OQ +6.5% Marvell Technology Inc MRVL.OQ +6.4% Microchip Technology Inc MCHP.OQ +6.1% Bottom Performers Percent Change Monster Beverage Corp MNST.OQ -10.9% Warner Bros Discovery Inc WBD.OQ -8.8% American Electric Power Company Inc AEP.OQ -0.7% Exelon Corp EXC.OQ -0.3% Fortinet Inc FTNT.OQ -0.2% The Nasdaq

BUZZ-U.S. STOCKS ON THE MOVE-Intel, Guardant, Ventas 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 Nasdaq Composite was on track to fall into a correction in a Wall Street battering after Friday's weak jobs numbers deepened worries of a slowdown in the U.S.

BUZZ-U.S. STOCKS ON THE MOVE-Morgan Stanley, Intel, Guardant 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 Nasdaq Composite was set to plunge into a correction on Friday, falling more than 10% from its July peak after weak employment numbers aggravated worries of a slowdown in the U.S.

BUZZ-Microchip slides after downbeat current-quarter forecast ** Microchip Technology's MCHP.O shares down 6.7% premarket to $78.75, lowest since Nov, after chipmaker's forecast disappoints ** Co late Thurs said expects fiscal Q2 rev of $1.12-$1.18, below Wall Street expectations of $1.31 bln, per LSEG ** Current-qtr adj EPS of 40-46 cents also misses estimate of 59 cents ** Q1 rev was in line with consensus while earnings beat by a penny ** At least 10 brokerages cut their PTs reacting to repor

U.S. RESEARCH ROUNDUP-Apple, Centerpoint Energy, Cummins Aug 2 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies including Apple, Centerpoint Energy and Cummins, on Friday. HIGHLIGHTS * Apple Inc AAPL.O : Wedbush raises target price to $285 from $275 * Centerpoint Energy CNP.N : JP Morgan cuts to neutral from overweight * Cummins CMI.N : Jefferies raises target price to $365 from $345 * Motorola MSI.N : JP Morgan raises target pr

Microchip Tech expects weak revenue as customers try to clear excess inventory Aug 1 (Reuters) - Chipmaker Microchip Technology MCHP.O forecast second-quarter net sales below Wall Street estimates on Thursday, anticipating weak demand from customers yet to clear excess inventory stockpiled during the pandemic. Shares of the Chandler, Arizona-based company fell more than 5% in extended trading.

BRIEF-Microchip Technology Q1 EPS USD 0.24 Aug 01 (Reuters) - Microchip Technology Q1 sales USD 1,241 million vs. IBES estimate USD 1,242 million. Q1 net income USD 129.3 million

MORNING BID AMERICAS-Fed nods to cut, chips rebound, BoE up next A look at the day ahead in U.S. and global markets from Mike Dolan The Federal Reserve left Wall Street with little doubt about a first U.S. interest rate cut in seven weeks' time, but multiple cross-currents from the earnings season , Japan and China, and domestic politics all make for a noisy start to August.

What to Watch in the Day Ahead - Thursday, August 1 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 Apple is expected to report a rise in third-quarter revenue, helped by higher iPad sales from new launches and strength in its services business.

Microchip Technology Inc expected to post earnings of 52 cents a share - Earnings Preview Microchip Technology Inc MCHP.OQ MCHP.O is expected to show a fall in quarterly revenue when it reports results on August 1 for the period ending June 30 2024 The Chandler Arizona-based company is expected to report a 45.7% decrease in revenue to $1.242 billion from $2.29 billion a year ago, according to the mean estimate from 19 analysts, based on LSEG data.The company's guidance on May 6 2024, for the p

UPDATE 1-NXP slides as weak forecast stokes demand worries among auto chipmakers Updates shares, adds details from earnings call throughout By Zaheer Kachwala July 23 (Reuters) - Shares of NXP Semiconductors NXPI.O fell 9% on Tuesday and dragged other automotive semiconductor companies lower, as its disappointing quarterly revenue forecast sparked concerns of a delay in demand recovery.

NXP Semiconductors shares slide as auto weakness dents forecast July 23 (Reuters) - Shares of NXP Semiconductors NXPI.O fell around 9% in premarket trading on Tuesday, dragging other automobile-chip makers as its disappointing quarterly revenue forecast sparked concerns of a delay in demand recovery. The Dutch firm on Monday forecast third-quarter revenue of $3.15 billion to $3.35 billion, compared with analysts' average estimate of $3.36 billion, and recorded its worst quarterly revenue decline

BUZZ-US chipmakers rise after last week's slump Updates ** Philadelphia semiconductor index .SOX rises 2 .3% on Monday after an 8.8% slide last week ** Heavyweight Nvidia NVDA.O up 3%, biggest boost to Nasdaq .IXIC and S&P 500 .SPX after a report co is working on a version of its new flagship AI chips for the China market ** Leading gains on the Na

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Illumina Inc ILMN.OQ +5.3% Walgreens Boots Alliance Inc WBA.OQ +4.5% Microchip Technology Inc MCHP.OQ +4.0% Micron Technology Inc MU.OQ +3.9% ON Semiconductor Corp ON.OQ +3.7% Bottom Performers Percent Change CrowdStrike Holdings Inc CRWD.OQ -3.1% Intuit Inc INTU.OQ -3.0% DoorDash Inc DASH.OQ -3.0% Atlassian Corp TEAM.OQ -2.6% MongoDB Inc MDB.OQ -1.5% The Nasdaq 100 .NDX gained 20

BUZZ - Nasdaq top and bottom performing stocks at about 03:45 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Gilead Sciences Inc GILD.OQ +8.3% Advanced Micro Devices Inc AMD.OQ +5.2% Sirius XM Holdings Inc SIRI.OQ +3.6% Cognizant Technology Solutions Corp CTSH.OQ +3.5% Workday Inc WDAY.OQ +3.1% Bottom Performers Percent Change Qualcomm Inc QCOM.OQ -5.1% Micron Technology Inc MU.OQ -5.1% Microchip Technology Inc MCHP.OQ -4.5% ON Semiconductor Corp ON.OQ -4.2% Broadcom Inc AVGO.OQ -3.3% Th

BUZZ - Nasdaq top and bottom performing stocks at about 12:01 p.m. EDT Nasdaq 100 .NDX Top Performers Percent Change Gilead Sciences Inc GILD.OQ +8.0% Advanced Micro Devices Inc AMD.OQ +6.2% Cognizant Technology Solutions Corp CTSH.OQ +3.8% Workday Inc WDAY.OQ +2.9% Charter Communications Inc CHTR.OQ +2.1% Bottom Performers Percent Change Qualcomm Inc QCOM.OQ -4.3% Micron Technology Inc MU.OQ -3.4% Microchip Technology Inc MCHP.OQ -3.2% ON Semiconductor Corp ON.OQ -3.0% Copart Inc CPRT.OQ -2.3%

BRIEF-Microchip Technology Announces Pricing Of Offering Of $1.1 Billion Of Convertible Senior Notes May 29 (Reuters) - Microchip Technology Inc MCHP.O : MICROCHIP TECHNOLOGY ANNOUNCES PRICING OF OFFERING OF $1.1 BILLION OF CONVERTIBLE SENIOR NOTES ANNOUNCED PRICING OF $1.1 BILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2030 NOT

BUZZ-Microchip Tech drops on planned $1.1 bln convertible debt offering ** Microchip Technology's MCHP.O shares down 2.4% at $96.50 post-market as co seeks capital raise to reduce debt ** Chipmaker announces private offering of $1.1 bln convertible bonds due 2030 ** Co plans to use net offering proceeds to repay existing debt including notes outstanding under its commercial paper program ** Earlier this month, MCHP forecast current-qtr rev and EPS below Street estimates as customers continue to

US STOCKS-Wall St set to rebound at open after retreating on inflation jitters For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Dow, S&P 500 set for weekly losses Boeing, megacap shares recover after Thursday's dour session Workday falls after cutting revenue forecast Ross Stores rises after Q1 results beat Futures up: Dow 0.20%, S&P 0.35%, Nasdaq 0.38% Updated at 8:40 a.m.

BUZZ-Microchip Technology up after Mizuho upgrades to 'buy' ** Shares of chipmaker Microchip Technology MCHP.O up 1.8% at $99.9 after Mizuho upgrades to "buy" from "neutral" ** Brokerage also raises PT to $115 from $85 on improving fundamentals through second half of this year, MCHP "positioned well to 2025" ** Mizhuho says after 3 years of underpe