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Top Tech Stocks Moving Higher After Earnings

05:36pm, Thursday, 25'th Apr 2024
Despite underwhelming guidance sending Meta Platforms' (META) stock lower following its Q1 earnings beat on Wednesday evening, several tech companies have seen their stocks pop after exceeding quarter
Lam Research's (LRCX) fiscal third-quarter results reflect the impacts of sluggish memory spending.
Lam Research Corporation (NASDAQ:LRCX ) Q3 2024 Earnings Conference Call April 24, 2024 5:00 PM ET Company Participants Ram Ganesh - Investor Relations Timothy Archer - President and Chief Executive O
Lam Research (LRCX) came out with quarterly earnings of $7.79 per share, beating the Zacks Consensus Estimate of $7.26 per share. This compares to earnings of $6.99 per share a year ago.

Lam Research Stock Slips Despite Solid Earnings

05:03pm, Wednesday, 24'th Apr 2024
The semiconductor equipment company reported revenue of $3.8 billion, up 0.9% from a year earlier.
Lam Research reported quarterly revenue above Wall Street expectations on Wednesday, as chipmakers ordered more of its equipment used to manufacture semiconductors for artificial intelligence applicat
Here we take a sneak peek into how these semiconductor stocks - LRCX, SLAB, MXL and PI - are poised ahead of their earnings releases.
Lam Research (LRCX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
In a noteworthy market shift, the semiconductor sector, led by Nvidia NVDA, has been struggling in recent months, with the broader Philadelphia Stock Exchange Semiconductor Index entering a correction
Recently, Zacks.com users have been paying close attention to Lam Research (LRCX). This makes it worthwhile to examine what the stock has in store.
That price would mean a new all-time high for the semiconductor equipment manufacturer. Almost needless to say, the prognosticator's recommendation on the shares is a buy.
Sales and earnings for semiconductor manufacturing equipment maker ASML tumbled in Q1. The South China Morning Post reveals why: China is ready to build its own semiconductor chips now.
Jamie Dimon, the CEO of JPMorgan Chase (NYSE: JPM ), made headlines not long ago when he said that artificial intelligence (AI) could be as transformative as electricity or the internet. Dimon's comme
SAP's first-quarter performance is likely to have benefited from continued momentum in cloud business. However, prevailing global macroeconomic challenges may have acted as a dampener.
Lam Research (LRCX) reachead $965.04 at the closing of the latest trading day, reflecting a +1.99% change compared to its last close.
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