GlobalFoundries (GFS) Is Seeing Slow Demand in a Semiconductor Bull Market
Chip manufacturer GlobalFoundries (GFS) is seeing sluggish demand. Meanwhile, semiconductors are in a Bull Market. What gives?
Chip manufacturer GlobalFoundries (GFS) is seeing sluggish demand. Meanwhile, semiconductors are in a Bull Market. What gives?
Costco (COST) had a one-time charge against profits last quarter because management discontinued its charter shipping activities.
Zscaler’s (ZS) billing growth increased an impressive 40% last quarter, causing the stock to jump. We still see good upside ahead.
Lululemon (LULU) is seeing strong profit growth as sales continue to rise briskly, while logistics costs simmer down, helping margins.
Stocks were rather flat the day before Independence day. Our chart of the day is of cybersecurity company Palo Alto Networks (PANW).
AI companies are choosing MongoDB (MDB) developer data platform for their applications. More apps mean move volume for MDB.
Snowflake (SNOW) lowered its revenue outlook as its platform experienced weakened consumption trends due to tight budgets.
Adobe’s (ADBE) new Artificial Intelligence app Firefly is a huge success already. But the company’s future relies on acquiring Figma.
Broadcom Inc (AVGO) enjoyed a near-vertical rally to its all-time highs after it anounced an agreement with Apple to produce 5G chips.
Dollar General (DG) is having some tough times as consumers don’t have much money to spend on things other than necessities.
Chipotle (CMG) profits soared 84% last quarter as almost 40% of revenue came from digital sales, which improved profit margins.
Starbucks (SBUX) is growing great again as new products such as Oleato helped North American sales climb 17% last quarter.