Shares drop early as Mobileye (MBLY) cuts revenue forecast
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Mobileye (MBLY) cuts full-year revenue forecast; Shares slump
April 27, 2023 7:21 AM EDTMobileye (NASDAQ: MBLY) shares are trading more than 16% lower in pre-market Thursday after the autonomous driving company slashed its full-year revenue forecast.
For Q1, MBLY reported EPS of $0.14 on revenue of $458 million, which compares to the analyst estimate of $0.12 on sales of... More
Mobileye shares sink as China EV demand ebbs
April 27, 2023 6:46 AM EDT(Reuters) -Shares of Mobileye Global Inc fell by more than 30% on Thursday after the maker of autonomous driving technology lowered its forecast for annual revenue owing to a slowdown in demand for electric vehicles from China.
Mobileye, which counts auto parts suppliers Aptiv Plc and Magna International among its customers, reduced its forecast for the annual shipment of its driver-assist system... More
Mobileye (MBLY) Tops Q1 EPS by 2c; misses on guidance
April 27, 2023 6:39 AM EDTMobileye (NASDAQ: MBLY) reported Q1 EPS of $0.14, $0.02 better than the analyst estimate of $0.12. Revenue for the quarter came in at $458 million versus the consensus estimate of $459.26 million.
GUIDANCE:
Mobileye sees FY2023 revenue of $2.065-2.114 billion, versus the consensus of $2.25... More
Intel (INTC) April weekly 29 straddle into quarter results
April 27, 2023 2:57 AM EDTIntel (NASDAQ: INTC) April weekly 29 straddle is priced for a move of 7% into the expected release of quarter results today after the bell.
... MoreIntel (INTC) April weekly option implied volatility into quarter results
April 26, 2023 11:06 AM EDTIntel (NASDAQ: INTC) April weekly call option implied volatility is at 108, May is at 45; compared to its 52-week range of 27 to 59 into the expected release of quarter results after the bell on April 27.
... MoreIntel (INTC) April weekly 29 straddle into quarter results
April 26, 2023 5:21 AM EDTIntel (NASDAQ: INTC) April weekly 29 straddle is priced for a move of 6% into the expected release of quarter results after the bell on April 27.
... MoreRosenblatt Reiterates Sell Rating on Intel (INTC)
April 26, 2023 4:59 AM EDTRosenblatt analyst Hans Mosesmann reiterated a Sell rating and $17.00 price target on Intel (NASDAQ: INTC).
"The setup after 1Q23 ~$11 billion sales guide (down ~21% q/q, down ~40% y/y) is for an in-line print on the basic notion that the kitchen sink was thrown at... More
Qualcomm (QCOM) PT Lowered to $135 at Susquehanna
April 25, 2023 6:46 AM EDTSusquehanna analyst Christopher Rolland lowered the price target on Qualcomm (NASDAQ: QCOM) to $135.00 (from $140.00) while maintaining a Positive rating.... More
European stocks lower; UBS weakens after profit slump
April 25, 2023 4:35 AM EDT
Investing.com - European stock markets drifted lower Tuesday, with losses in the banking sector weighing ahead of the start of big tech earnings season on Wall Street.
At 04:05 ET (08:05 GMT), the DAX index in Germany traded 0.2% lower, the CAC 40 in France dropped 0.7%, and the FTSE 100 in the U.K. fell 0.4%.
The first quarter earnings season is in full swing, with the banking sector to the fore in Europe.
