⚠️3 Stocks To Watch This Week: -Alphabet -Amazon -Intel 👉 $GOOGL $AMZN $INTC
) is yet another tech heavyweight set to release earnings during the upcoming week. The Santa Clara, California-based company will report its latest quarterly earnings on Thursday after the close.$0.6967 a share profit on revenue of $17.96 billion, according to analyst consensus, amid reports that demand for chips in some industries is slowing.
Intel has lagged in introducing newer and faster products and has lost some of its biggest customers, such as Apple, which has decided to manufacture its own chips. Intel shares, which closed at $39.20 on Friday, have weakened about 25% this year.The current market makes it harder than ever to make the right decisions. Think about the challenges:To handle them, you need good data, effective tools to sort through the data, and insights into what it all means.
For that, there’s InvestingPro+, with all the professional data and tools you need to make better investing decisions.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Weak Earnings Reports Aren’t Fazing Investors After Brutal Year for StocksShares of Bank of America, Tesla and Netflix rise after posting disappointing results.
Read more »
Cruise Stocks Party on False HopeIt is as if cruise lines’ parents just left town and now everyone expects a giant house party to erupt at sea. Investors might want to hold off on tapping the keg.
Read more »
Review: Forget stocks --- Jim Cramer has gone into the mezcal business (and we sampled his brand)Cramer and his wife, Lisa Detwiler, are behind Fósforo, a mezcal that speaks to the market guru's passion for the Mexican spirit
Read more »
Analysts see no lift for downbeat cannabis stocks from Chuck Schumer's billAn ambitious and long-awaited cannabis bill from Senate Majority Leader Chuck Schumer is unlikely to pass and will not likely stoke interest in U.S. cannabis stocks, analysts say.
Read more »
The 9 Chile Crisps—Yes, 9—Our Culture Editor Always Stocks in Her PantryThis Chinese condiment is heating up the culinary world. Here are the spicy chile crisps that SAVEUR editor Megan Zhang always has on hand.
Read more »
U.S. stocks close lower after 3 day winning streak, but still notch biggest weekly advance in a monthStocks finished lower on Friday, snapping a three-day rally following disappointing economic data and a weak earnings report from Snap Inc. --- while reports...
Read more »