Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
With the major domestic automakers releasing their vehicle sales for the second quarter, Ford and General Motors were notable standouts, outperforming Tesla.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at processors and graphics chips stocks, starting with Lattice Semiconductor (NASDAQ:LSCC).
Cantor Fitzgerald analyst initiates coverage on D-Wave Quantum with Overweight rating and $20 price forecast. Company is leader in Quantum Annealing with proven business use cases.
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Wolfe models about a €1 billion loss in North America this year, versus the consensus call for a roughly €1.6 billion profit, and added that "even this may be optimistic."
Chevrolet, the company’s biggest brand, witnessed a 5.7% increase in sales in the quarter to 478,322 units, owing to a jump in sales of its Silverado and Equinox vehicles.
The company’s truck sales jumped 11% in the three months through the end of June to 342,761 units, thanks to increased demand for the F-series, Ranger, and Maverick.
Lattice Semiconductor’s first quarter results were met with negative market reaction as the company’s revenue and non-GAAP profit both came in line with Wall Street expectations but reflected a double-digit year-over-year decline. Management attributed the weaker sales environment to ongoing inventory digestion and macroeconomic uncertainty, particularly in the industrial and communications end markets. CEO Ford Tamer highlighted that while the company shipped below estimated true demand to help align with customer inventory levels, improvements were seen in bookings and certain segments such as communications, computing, and industrial, which returned to sequential growth after several quarters of stagnation.
A highly volatile stock can deliver big gains - or just as easily wipe out a portfolio if things go south.
While some investors embrace risk, mistakes can be costly for those who aren’t prepared.
Tesla is leaning on overseas upgrades as domestic headwinds mount, including a sharp stock decline, potential loss of EV tax credits, and bearish delivery forecasts from top brokerages.
