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SMART Global Holdings, Inc. SGH is set to unveil its first-quarter fiscal 2024 results on January 9th. The company anticipates a revenue range of $250 million to $300 million for the upcoming quarter. The current Zacks Consensus Estimate is $274.99 million, suggesting a substantial 40.9% …

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To say that 2023 was a good year for semiconductor stocks is an understatement. The sector, at least as defined by the VanEck Semiconductor ETF (NASDAQ: SMH), rocketed 73.4% in 2023! So if you had shied away from this volatile yet important part of the …

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Cerence CRNC is currently leveraging an expanding clientele and robust partner base, recently teaming up with tech behemoth Microsoft MSFT. This collaboration seamlessly integrates Cerence’s automotive technology and professional services with Microsoft Azure AI Services, focusing on enhancing in-vehicle user experiences by incorporating OpenAI’s ChatGPT …

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Analysts Unite in Endorsing Amazon for 2024 Amazon.com, Inc AMZN sparks fervor as multiple analyst firms crown the e-commerce titan as a primary selection for the year. Notable Acclaim: On a single day, five diverse analyst bodies laud Amazon as their pinnacle choice for 2024, …

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Breaking News Dermata Therapeutics, Inc. DRMAW has experienced a notable surge in after-hours trading following the company’s announcement of a newly issued patent in Japan for its DMT410 program, which targets the treatment of hyperhidrosis. Key Developments The issuance of the patent, the first for …

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The Nasdaq Composite closed down more than 1% on the two first trading days of 2024 for the first time since 2005, according to Bespoke Investment Group. Many of 2023’s leaders, including the “Magnificent Seven” mega-cap tech stocks — Alphabet (Google), Amazon, Apple, Meta Platforms, …

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The Nasdaq 100 index has just closed its fifth consecutive red session, marking the worst negative streak for U.S. tech stocks in almost 14 months. The downturn began on Dec. 28, 2023 when the Nasdaq 100 hit all-time highs of 16,696 during the session but …

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With a market cap of $2.8 billion, Microsoft (NASDAQ: MSFT) stands as the world’s second most valuable company. The tech giant has a long-standing leadership position in productivity software, serving as a cornerstone for countless businesses globally. In addition, its strategic partnership with OpenAI has …

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TD SYNNEX is gearing up to release its fourth-quarter fiscal 2023 financial results on Jan 9. The company expects revenues between $14 billion and $15 billion for the quarter. Analysts anticipate a decrease in quarterly revenues to $14.54 billion, a decline of 10.5% from the …

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The year 2023 threw a series of curveballs at the global auto industry. Major automakers in the United States faced a months-long strike by the United Auto Workers Union that resulted in substantial losses and costly collective agreements. The divisive reception of autonomous vehicles and …

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