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Fly News Breaks for January 24, 2017
AAPL, QCOM, INTC, CEVA
Jan 24, 2017 | 11:21 EDT
Benchmark analyst Gary Mobley said that Intel (INTC) could be the beneficiary of Qualcomm's (QCOM) legal fight with Apple (AAPL) as the company improves its thin modem product roadmap to include more robust downlink speeds as well as support for CDMA compatibility. Intel's thin modems utilize CEVA's (CEVA) DSP, while Qualcomm's thin modems do not, noted Mobley, who said CEVA's royalties may indirectly benefit if Intel gains share and Qualcomm loses share at Apple. Mobley has a Buy rating and $40 price target on CEVA shares.
News For CEVA;INTC;QCOM;AAPL From the Last 2 Days
AAPL
Apr 26, 2024 | 05:59 EDT
Apple (AAPL) supplier TSMC (TSM) has unveiled its A16 chip manufacturing technology featuring nanosheet transistors with "backside power rails" meant for producing its ultra-advanced 1.6nm chips by 2026, Nikkei Asia's Cheng Ting-Fang reports. TSMC says the introduction of the technology can "greatly improve logic density and performance." Reference Link
INTC
Apr 26, 2024 | 05:51 EDT
INTC
Apr 26, 2024 | 05:50 EDT
INTC
Apr 26, 2024 | 05:49 EDT
Citi lowered the firm's price target on Intel to $35 from $40 and keeps a Neutral rating on the shares. Intel reported decent results but guided below consensus as strength from the PC end market was throttled by an issue in wafer assembly, the analyst tells investors in a research note. Citi's checks indicate Intel is on track to draw even with TSMC in manufacturing sometime next year, which is a positive. However, the company is guiding for well above seasonal growth in the second half of 2024, adds the firm.
INTC
Apr 26, 2024 | 05:48 EDT
INTC
Apr 26, 2024 | 05:47 EDT
INTC
Apr 26, 2024 | 05:14 EDT
INTC
Apr 25, 2024 | 17:21 EDT
Check out this evening's top movers from around Wall Street, compiled by The Fly. HIGHER AFTER EARNINGSSnap (SNAP) up... To see the rest of the story go to thefly.com. See Story Here
INTC
Apr 25, 2024 | 16:03 EDT
INTC
Apr 25, 2024 | 16:02 EDT
AAPL
Apr 25, 2024 | 13:52 EDT
Alphabet (GOOGL), the parent company of Google, is scheduled to report first quarter 2024 results after the market close on Thursday, April 25, with a conference call scheduled for 4:30 pm Eastern Time. What to watch... To see the rest of the story go to thefly.com. See Story Here
INTC
Apr 25, 2024 | 13:09 EDT
INTC
Apr 25, 2024 | 13:04 EDT
Pre-earnings options volume in Intel is normal with calls leading puts 2:1. Implied volatility suggests the market is anticipating a move near 5.6%, or $1.96, after results are released. Median move over the past eight quarters is 7.8%.
AAPL
Apr 25, 2024 | 12:09 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
INTC
Apr 25, 2024 | 11:44 EDT
Intel (INTC) is scheduled to report results of its fiscal first quarter after the market close on April 25, with a conference call scheduled for 5:00 pm ET. What to watch... To see the rest of the story go to thefly.com. See Story Here
AAPL
Apr 25, 2024 | 06:06 EDT
AAPL
Apr 25, 2024 | 05:39 EDT
QCOM
Apr 24, 2024 | 09:41 EDT
AAPL
Apr 24, 2024 | 06:15 EDT
Apple saw sales of its iPhones fall 19.1% in the first three months of the year, CNBC's Ryan Browne reports, citing data from Counterpoint Research. Meanwhile, Huawei saw a 69.7% surge in smartphone sales in the country during the same period, Counterpoint said. Reference Link
