Article By:
StockNews
Sunday, November 7, 2021 6:45 PM EDT
Quantum computing is widely considered the next generation of computing. The technology is gaining traction with increased investment and it has scope for immense growth. Hence, we think these stocks could be solid additions to one’s portfolio now.
Ambarella is a main market mover today. The company seems to be finally reaping the benefits of its investment in Artificial Intelligence of Things as about 90% of its revenues come from automotive and security applications of its products.
Chip-maker Ambarella is trading up 9% after reporting an earnings triple play after the close of trading last night. An earnings triple play occurs when a stock beats consensus EPS estimates, beats revenue estimates, and raises forward guidance.
These five technology companies have all had hot charts in 2019. Some have broken out to new five-year highs. But with tariffs looking to hit the technology sector hard, many pulled back in the May weakness. Is this weakness a buying opportunity?
Ambarella (AMBA) is set to release its FQ1’19 earnings after the market closes tomorrow. I expect an EPS consensus of $0.14, which is more bullish that Wall Street’s $0.09.
Ambarella, Inc. released its fourth-quarter and fiscal 2018 financial results, posting adjusted earnings of $0.45 per share and revenues of $70.58 million.
Article By:
The Fly
Friday, September 1, 2017 11:32 PM EDT
The day's economic reports, highlighted by the monthly jobs report, had little impact and as the day progressed the volume dried up and the market limped into the close ahead of the long weekend.
With tech stocks as the best performers of 2017 thus far, rising 17%, we take a look at upcoming tech earnings expectations in cybersecurity, fiberoptics, and semiconductors.