BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change Broadcom Inc AVGO.OQ +12.4% Super Micro Computer Inc SMCI.OQ +11.4% Arista Networks Inc ANET.N +5.9% Qorvo Inc QRVO.OQ +4.5% Hewlett Packard Enterprise Co HPE.N +4.2% Bottom Performers Percent Change Paramount Global PARA.OQ -7.3% Warn

BUZZ - S&P 500 top and bottom performing stocks at about 03:30 p.m. EDT S&P 500 .SPX Top Performers Percent Change Howmet Aerospace Inc HWM.N +14.7% Moderna Inc MRNA.OQ +13.5% CH Robinson Worldwide Inc CHRW.OQ +12.9% Paramount Global PARA.OQ +12.0% Aptiv PLC APTV.N +11.7% Bottom Performers Percent Change ETSY Inc ETSY.OQ -15.5% Qorvo Inc QRVO.OQ -1

BUZZ-U.S. STOCKS ON THE MOVE-Sarepta, Zoetis, Pioneer Natural Resources 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 advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and signaled a dovish tilt, with focus moving to a crucial job report later in the week.

BUZZ-U.S. STOCKS ON THE MOVE-Becton, Sarepta, Zoetis 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 advanced on Thursday, a day after the Federal Reserve left interest rates unchanged and allayed worries around potential rate hikes, with focus moving to a crucial job report later in the week.

BUZZ - S&P 500 top and bottom performing stocks at about 12:00 p.m. EDT S&P 500 .SPX Top Performers Percent Change Howmet Aerospace Inc HWM.N +15.7% CH Robinson Worldwide Inc CHRW.OQ +14.8% Aptiv PLC APTV.N +11.7% Monolithic Power Systems Inc MPWR.OQ +9.0% Borgwarner Inc BWA.N +8.8% Bottom Performers Percent Change Qorvo Inc QRVO.OQ -14.7% ETSY Inc

Qualcomm jumps as AI sparks rebound in Chinese smartphone market May 2 (Reuters) - Qualcomm QCOM.O shares rose 4% in premarket trading on Thursday after the smartphone-focused chipmaker signaled an AI-fueled rebound in demand, especially in China, after a two-year slump. Sales to Chinese smartphone makers jumped 40% in the first half of its fiscal year, the company said on Wednesday, as buyers there gravitate toward higher-priced devices that can accommodate AI chatbots.

Qorvo Inc reports results for the quarter ended in March - Earnings Summary Qorvo Inc QRVO.OQ reported quarterly adjusted earnings of $1.39​​ per share for the quarter ended in March, higher than the same quarter last year, when the company reported EPS of 26 cents. The mean expectation of twenty two analysts for the quarter was for earnings of $1.21 per share.

Qorvo forecasts quarterly results below estimates on weak flagship smartphone market May 1 (Reuters) - Wireless connectivity chipmaker Qorvo QRVO.O forecast first-quarter revenue and profit below Wall Street estimates on Wednesday as it expects weak demand from flagship smartphone market, sending shares down more than 11% in aftermarket trading. Slowing sales of Apple's AAPL.O most popular product, iPhone, has hit suppliers such as Qorvo, as it accounted for about 37% of the chipmaker's total re

BUZZ-Qorvo falls as quarterly revenue, profit forecasts fall below estimates ** Shares of chip company Qorvo QRVO.O fall 11.8% to $98.7 in extended trading ** Expects Q1 revenue of $850 mln, plus or minus $25 mln, vs est of $917.7 mln - LSEG ** Expects Q1 adj EPS between 60 cents and 80 cents per share vs est of $1.27 ** QRVO says Q4 revenue was $9

UPDATE 4-Qualcomm forecast beats estimates as AI drives chip sales in China Adds details from conference call, analyst comment, details on Apple, paragraphs 1-2, 5-7 and 10-13 By Stephen Nellis and Arsheeya Bajwa May 1 (Reuters) - Qualcomm QCOM.O on Wednesday forecast quarterly sales and adjusted profit above Wall Street expectations, driven by selling more and pricier chips into Android smartphones with artificial-intelligence features.

BRIEF-Qorvo Q4 EPS USD 0.03 May 01 (Reuters) - Qorvo Q4 adjusted gross margin 42.5%. Q4 gross margin 40.6% Q4 operating income USD 30 million Q4 revenue USD 941 million vs. IBES estimate USD 926.2 million

UPDATE 2-AMD, Super Micro spark chip selloff as earnings miss lofty AI expectations Updates shares throughout By Harshita Mary Varghese May 1 (Reuters) - Advanced Micro Devices and Super Micro Computer led a selloff in chip stocks on Wednesday after their earnings disappointed investors who had piled into the sector on optimism about AI. AMD AMD.O slumped nearly 10% and was on course to lose more than $21 billion in market value.

Skyworks forecasts third-quarter revenue below estimates April 30 (Reuters) - Apple supplier Skyworks Solutions SWKS.O forecast third-quarter revenue below Wall Street estimates on Tuesday on demand concerns, as clients struggle to offload excess inventory, sending its shares down 6% in extended trading. The chip company forecasts revenue of $900 million, plus or minus 2%, in the third quarter, below analysts' average estimate of $1.02 billion, according to LSEG data.

What to Watch in the Day Ahead - Wednesday, May 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 U.S. Federal Reserve's Federal Open Market Committee (FOMC) announces its decision on interest rates.

Qorvo Inc expected to post earnings of $1.21 a share - Earnings Preview Qorvo Inc QRVO.OQ QRVO.O is expected to show a rise in quarterly revenue when it reports results on May 1 for the period ending March 31 2024 The Greensboro North Carolina-based company is expected to report a 46.4% increase in revenue to $926.248 million from $632.7 million a year ago, according to the mean estimate from 21 analysts, based on LSEG data.The company's guidance on January 31 2024, for the period ended March 31

BRIEF-Qorvo Entered Into Five-Year Unsecured Senior Credit Facility Pursuant To A Credit Agreement April 26 (Reuters) - Qorvo Inc QRVO.O : QORVO INC -ON APRIL 23, ENTERED INTO FIVE-YEAR UNSECURED SENIOR CREDIT FACILITY PURSUANT TO A CREDIT AGREEMENT QORVO INC -CREDIT AGREEMENT PROVIDES FOR A $325.0 MILLION SENIOR REVOLVING LINE OF CREDIT QORVO INC