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Biden's Semiconductor Push: Microchip Lands $162M Incentives To Reinforce US Supply Chain Providing Over 700 Jobs
Thursday, January 4, 2024 - 11:09am | 581Microchip Technology Incorporated (NASDAQ: MCHP) will receive incentives worth $162 million from the U.S. Commerce Department to support the onshoring of the company's semiconductor supply chain. "With this proposed investment, President Biden is...
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Deutsche Bank Sees Attractive Entry Point In Lattice Semiconductor, Initiates With Buy And $70 Target
Thursday, November 30, 2023 - 1:14pm | 348Deutsche Bank initiated coverage on the shares of Lattice Semiconductor Corp (NASDAQ: LSCC) with a Buy rating and announced a price target of $70. Founded in 1983 and publicly traded since 1989, LSCC specializes in the design of field programmable gate arrays (FPGAs). ...
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Lattice Semiconductor To Generate Multi-Year Double-Digit Revenue Growth, Says Analyst
Tuesday, October 24, 2023 - 12:25pm | 302Needham analyst N. Quinn Bolton initiates coverage on Lattice Semiconductor Corp (NASDAQ: LSCC) with a Buy rating and a price target of $90. The analyst forecasts a 12.2% CAGR over the coming three years for revenue from the company's Nexus platform, launched in 2019. Also, the...
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SLB, Splunk And 2 Other Stocks Insiders Are Selling
Tuesday, September 26, 2023 - 7:09am | 654The Nasdaq 100 closed higher by around 0.5% on Monday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider...
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Lattice Semiconductor, Navitas Semiconductor And 2 Other Stocks Insiders Are Selling
Monday, September 11, 2023 - 7:15am | 633The Nasdaq 100 closed slightly higher on Friday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company’s prospects or that they view the stock as being overpriced. Insider sales...
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Why ResMed Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Friday, August 4, 2023 - 11:55am | 2224Gainers Missfresh Limited (NASDAQ: MF) jumped 168% to $1.38 after the company announced entry of share purchase agreements for financing and business acquisition. United States Cellular Corporation (NYSE: USM) shares jumped 68.4% to $29.50 following quarterly results. TDS and US Cellular have each...
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Why Microchip Technology Shares Are Diving Today
Friday, August 4, 2023 - 4:33am | 557Microchip Technology Inc (NASDAQ: MCHP) shares are trading lower by around 6% after the company reported Q1 FY24 results yesterday. The company reported adjusted EPS of $1.64, in line with the consensus. Sales of $2.29 billion, up 16.6% Y/Y, also came in line with the consensus....
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Lattice To Gain From Solid Exposure In Long-Term Growth Markets Amid Lower Macro Volatilities: Analyst
Tuesday, August 1, 2023 - 1:28pm | 464Benchmark analyst David Williams reiterated a Buy rating on Lattice Semiconductor Corporation (NASDAQ: LSCC), raising the price target to $105 from $95. The company recently reported second-quarter results, where quarterly revenue grew 18% Y/Y. 2Q results were better than...
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After Earnings Results, Markets Love Prologis Stock
Thursday, July 20, 2023 - 8:32am | 845As earnings season kicks off, a different set of stocks goes under the scrutinizing spotlight of financial markets' judgment. In today's market, there are clear signs of favoritism and preference as investors begin to identify what money "likes" in the economy. The bank...
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Microchip Expands Its Presence In India With $300M Multi-Year Investment
Monday, July 3, 2023 - 10:35am | 184Microchip Technology Inc. (NASDAQ: MCHP) announced a multi-year investment of $300 million to expand its operations in India. "Microchip is making a significant strategic commitment to growing our operations in India, whose meteoric growth has established it as one of the top...
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The Best-Performing REITs Of The First Half Of 2023
Friday, June 30, 2023 - 9:08am | 1281As the first half of 2023 comes to an end, it’s been a clearly challenging time for stocks, and real estate investment trusts (REITs) in particular, with Federal Reserve rate hikes and hints of recession to come. More than half of all REITs have had negative total returns so far. But some...
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What U-Haul Earnings Are Showing, Heading Up?
Thursday, June 1, 2023 - 4:04pm | 891The world of work and real estate is changing as consumers and investors know it, with remote or mostly remote work making up to 34% of the total American workforce and rent inflation reaching rates as high as 6.9% for the year 2022. As more workers fulfill their duties on a...
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Royal Caribbean Cruises And 2 Other Stocks Insiders Are Selling
Thursday, May 25, 2023 - 7:32am | 517The S&P 500 closed lower on Wednesday. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the...
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These Analysts Cut Price Targets On Microchip Technology Following Q4 Results
Friday, May 5, 2023 - 7:53am | 203Microchip Technology Incorporated (NASDAQ: MCHP) reported better-than-expected earnings for its fourth quarter. Microchip Technology posted quarterly earnings of $1.64 per share, beating market expectations of $1.62 per share. The company’s quarterly sales came in at $2.23 billion, versus...
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Lyft, Atlassian, Microchip Technology And Other Big Stocks Moving Lower In Friday's Pre-Market Session
Friday, May 5, 2023 - 6:06am | 360U.S. stock futures traded higher this morning. Here are some big stocks recording losses in today’s pre-market trading session. Trupanion, Inc. (NASDAQ: TRUP) shares dipped 45.9% to $19.45 in pre-market trading after the company reported mixed Q1 results and said veterinary inflation...