Applied Materials is a leading provider of equipment, services, and software for the semiconductor and display manufacturing industries. The company specializes in a range of technologies that enable the fabrication of advanced materials and components, crucial for powering devices such as smartphones, tablets, and computers. Through its innovative solutions, Applied Materials helps manufacturers improve their production processes, enhance the performance of their products, and drive advancements in electronics, renewable energy, and other high-tech sectors. The company's commitment to research and development positions it at the forefront of the ever-evolving landscape of materials engineering and chip manufacturing. Read More
The Switzerland-based international advocacy non-governmental organization and think tank also cleared its founder, Klaus Schwab, and his wife, Hilde Schwab, of any wrongdoing.
Major tech-heavy indices edged lower from record highs by midday Friday in New York, as investors adopted a cautious stance ahead of the Trump-Putin meeting and after data showed a dip in consumer confidence alongside mounting inflation concerns.
UnitedHealth shares traded nearly 14% higher in Friday’s midday trade after Warren Buffett’s Berkshire Hathaway revealed in its latest 13F filing that it held five million shares of the firm at the end of the second quarter.
Shares of semiconductor quality control company Nova (NASDAQ:NVMI) fell 4.7% in the morning session after a broad-based sell-off in the semiconductor sector as industry bellwether Applied Materials (AMAT) released a weaker-than-expected forecast.
Shares of semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT)
fell 11.7% in the morning session after the company issued disappointing financial guidance for the upcoming third quarter, which overshadowed its better-than-expected second-quarter results. The semiconductor equipment supplier reported second-quarter revenue of $7.30 billion and adjusted earnings per share (EPS) of $2.48, beating analysts' estimates.
Curious about the top performers within the S&P500 index in the middle of the day on Friday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Applied Materials' August pullback is an attractive entry point for long-term investors interested in cash flow, share buybacks, dividends, and return growth.
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Friday. Stay informed about the latest market trends.
Semiconductor machinery manufacturer Applied Materials (NASDAQ:AMAT) beat Wall Street’s revenue expectations in Q2 CY2025, with sales up 7.7% year on year to $7.30 billion. On the other hand, next quarter’s revenue guidance of $6.7 billion was less impressive, coming in 8.2% below analysts’ estimates. Its non-GAAP profit of $2.48 per share was 5.1% above analysts’ consensus estimates.
