Apple took the lead. In May, US stocks announced repurchases of more than 200 billion US dollars, a record high for the same period
Apple's record buyback program has boosted repurchase activity across US stocks. According to Birinyi Associates data, US listed companies announced a $2010 billion share repurchase plan in May, up more than 41% year over year, setting a record high for that month in history, and the fifth highest since records began. At the beginning of May, Apple officially announced a stock repurchase plan of 110 billion US dollars during the first quarter earnings call, accounting for more than half of the total US stock repurchase plan. Analysts believe that large-scale stock repurchase plans may help support underperforming US stocks since the end of March. Stock repurchases
'This Is What We Really Needed': NYSE Trader Reacts To Inflation Data And Its Impact On Stock Market
April's PCE report, the Federal Reserve's preferred measure of inflation, came in in-line with expectations as prices appeared to remain steady. While the SPDR S&P 500 Index Trust (NYSE:SPY) popped in
Why SentinelOne Shares Are Trading Lower By 16%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Shares of SentinelOne, Inc. (NYSE:S) shares fell sharply during Friday's session after the company posted mixed first-quarter results.SentinelOne reported quarterly losses of 23 cents per share, which
Why Ambarella Shares Are Up 20% Friday
Ambarella, Inc. (NASDAQ:AMBA) stock is trading higher after the company reported strong first quarter earnings and issued upbeat guidance.What Happened: Ambarella reported financial earnings for the f
Market Clubhouse Morning Memo - May 31st, 2024 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META And TSLA)
Good Morning Traders! In today's Market Clubhouse Morning Memo, we will discuss SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META, and TSLA. Our proprietary formula, exclusive to Market Clubhouse, dictates thes
Ambarella Posts Upbeat Results, Joins Gap, PagerDuty, Elastic And Other Big Stocks Moving Higher On Friday
U.S. stocks were mixed, with the Nasdaq Composite falling around 1% on Friday.Shares of Ambarella, Inc. (NASDAQ:AMBA) rose sharply during Friday's session following strong first-quarter earnings and u
Biggest Stock Movers Today: GPS, PD, VEEV, DELL, MDB, and More
Salesforce Still Confident About Becoming An AI Era Winner Despite Disappointing Quarter
On Wednesday, Salesforce Inc (NYSE:CRM) posted its first quarterly revenue miss since 2006, along with providing a softer-than-expected guidance. Despite the miss, many analysts are optimistic that th
PayPal Rated Buy in New Coverage at New Street, Citing Pivot to Value
Dow futures rise positive response to PCE deflator Dell falls drastically after hours = US stocks
In addition to Dow futures rebounding in the US stock index futures market, S&P 500 and NASDAQ 100 are also rebounding. The US stock market has shown a positive response in response to the April PCE deflator that was announced earlier.
Apple, JPMorgan, Corning And More On CNBC's 'Final Trades'
On CNBC's "Halftime Report Final Trades," Stephanie Link of Hightower said Apple Inc. (NASDAQ:AAPL) is still down 5% from its highs.Cupertino, California-based Apple plans to overhaul the Siri virtual
Apple Set To Announce New AI Features At WWDC, But You Might Need At Least This iPhone To Use Them, Says Report
Apple Inc. (NASDAQ:AAPL) is set to unveil its AI strategy with Siri in focus, but users might need the latest top-tier iPhone 15 models to access all these features.What Happened: Apple is expected to
Today's Morning Movers and Top Ratings: DELL, MRVL, COST, ZS and More
Dell Technologies stock tumbled 15% due to a disappointing earnings forecast for the current quarter and concerns that increased server investments for AI workloads could impact annual margins.
12 Information Technology Stocks Moving In Friday's Pre-Market Session
GainersAmbarella (NASDAQ:AMBA) shares moved upwards by 19.2% to $57.6 during Friday's pre-market session. The market value of their outstanding shares is at $2.3 billion. As per the press release, Q1
Ambarella Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 05/31/2024 58.87% Needham $90 → $90 Reiterates Buy → Buy 05/29/2024 50.04% Rosenblatt $85 → $85 Maintains
Baidu Launches Its Latest Progress Across Its Mobile Ecosystem Including Baidu Search, The Ernie Bot App, The Baidu App, Baidu Wenku, Among Others At Wanxiang Conference 2024
Baidu presented its latest advances across a range of its mobile products, including Baidu Search, Baidu Wenku, and the Baidu App, all seamlessly integrated with ERNIE agents.The revamped Baidu Wenku
Earnings Call Summary | Ambarella(AMBA.US) Q1 2025 Earnings Conference
The following is a summary of the Ambarella, Inc. (AMBA) Q1 2025 Earnings Call Transcript:Financial Performance:Ambarella reported Q1 fiscal year 2025 revenue of $54.5 million, up 6% sequentially, and
Another trigger for Nvidia's stock price drop? UBS says a single customer accounts for nearly 20% of the company's revenue!
In addition to media reports that the US is restricting the sale of AI chips to the Middle East, it seems that UBS has also “made up for it.”
AI PCs Set to Take Off in One Year? Here's What You Need to Know
Industry leaders continue to voice their optimism for AI PCs, and Wistron president Jeff Lin saying that AI PCs will gradually take off.
Google's Ex-CEO Eric Schmidt, Amazon, Salesforce Propel France's Ambition To Be Global AI Leader
France is making strides in its bid to become a global leader in artificial intelligence (AI), backed by major U.S. tech companies.What Happened: France is positioning itself as the next AI superpower