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Factors set the tone for Intel (INTC) fourth-quarter earnings-January 18, 2021 | Instant News


Intel (International Trade Centre Free report) Plan to release the 2020 fourth quarter results on January 21, 2021.

At the third quarter financial report conference, management expects PC-centric businesses to fall in low single digits year-on-year, while data-centric businesses are expected to decline by about 25% year-on-year in the fourth quarter.

Intel also expects that, supported by remote work and online trends, the momentum of consumer laptops will continue in the fourth quarter. In addition, increased supply may contribute to the results.

Based on preliminary results released on January 13, the company expects fourth-quarter revenue and earnings per share to exceed previous guidance provided on October 22, 2020.

It is worth mentioning that on January 13, Intel announced that it had appointed Pat Gelsinger as the company’s new CEO. The current CEO Bob Swan (Bob Swan) will step down on February 15, 2021. In addition, the chip maker intends to provide strong progress in its 7 nanometer (nm) process technology at the fourth quarter earnings conference. The latest information.

Main estimates for the fourth quarter

For the fourth quarter, Intel previously estimated non-GAAP revenue of $17.4 billion. The Zacks Consensus Revenue is estimated at $17.44 billion, a decrease of 13.7% from the same period last year.

For the fourth quarter, Intel expects non-GAAP earnings per share of $1.10. The Zacks Consensus estimates that revenue is $1.10, which has been stable for the past 30 days. The data showed a decrease of 27.6% over the same period last year.

It is worth noting that the company has exceeded expected earnings in the past four quarters, with an average of 11.9% unexpectedly.

Precautions

Due to the coronavirus crisis, the entire enterprise and government terminal markets have weak demand for data centers, leading to weak data-centric businesses that may affect Intel’s fourth-quarter performance.

However, driven by the wave of work from home triggered by the coronavirus crisis, the increasing adoption of cloud-based solutions across mobile computing and 5G-based network infrastructure may alleviate the expected decline.

In addition, the wave of work from home and online learning caused by the coronavirus may have boosted the sales of processors used in corporate laptops and data center servers. In turn, this is expected to be reflected in revenue in the fourth quarter.

It is worth noting that Encouraging trends in PC shipments In the fourth quarter, due to increased demand and supply chain improvement, it is likely to contribute to the revenue of Intel’s Customer Computing Division (CCG) division.each IDC dataPC shipments in the fourth quarter of 2020 were 91.6 million units, a year-on-year increase of 26.1%.

In addition, the strong adoption of Xeon processors integrated with Optane DC’s persistent memory solution may help report revenue for the quarter. The strong momentum of 10 nm mobile CPU heralds good development.

In addition, the latest adoption of Core vPro and Lakefield processors and the gradual adoption of Tiger Lake series products may be reflected in the upcoming quarterly revenue.

In addition, higher Wi-Fi and modem sales and strong demand for notebook computers are still a ride.It’s worth noting that Intel’s Optane DC persistent memory modules are being Oracle (ORCL Free report), SAP, Google, Microsoft (Microsoft Free report), Baidu and Alibaba.

In addition, the non-volatile memory business of chip manufacturers may be gained by improving NAND price trends and the growth of Optane bits. Similarly, the growing demand for server solid state drives (SSDs) in data centers has driven the growth of the NAND market, which may benefit the fourth quarter execution.

Nevertheless, Mobileye’s new design wins and the growing popularity of the Internet of Things and the stable automotive industry may have contributed to Intel’s fourth quarter results. Mobileye’s SuperVision Surround View Advanced Driver Assistance System (ADAS) is becoming increasingly influential in high-end electric vehicles (EV).

However, the weakness of the Intel Internet of Things Group (IOTG) terminal market (especially the retail and industrial markets) is likely to affect revenue this quarter.

In addition, the growing influence Advanced Micro Devices‘(AMD Free report) Its second-generation EPYC server processor may bring pricing pressure and limited profit growth.

In addition, the cost of accelerating production of 10-nanometer products and increasing production of 7-nanometer products is expected to put pressure on earnings in the fourth quarter.

Intel currently has a Zacks Rank 4 (for sale).

you can see The full list of today’s Zacks #1 ranking (strong buy) is here.

These stocks are ready for a pandemic

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Apple announces new “Racial Equality and Justice Initiative” project to provide support for HBCU, Detroit students and black entrepreneurs | Instant News


On Wednesday, Apple announced a series of new projects as part of its $100 million “Race Equality and Justice Initiative.”

The technology company said in a statement that this effort is designed to “help remove systemic barriers to opportunity and eliminate injustices faced by people of color.”

It includes the Propel Center, which is a global innovation and learning center for historic black universities and universities; the Apple Developer Academy to support coding and technical education for students in Detroit; and venture capital funding for black entrepreneurs.

Related: Apple removes the right-wing social media platform Parler from the App Store

Apple CEO Tim Cook said: “We are all responsible for the urgent work of building a more just and fairer world-these new projects clearly demonstrate Apple’s enduring commitment.”

Last June, after Breonna Taylor, George Floyd and others were killed, protests took place around the world, and Apple announced REJI. The plan builds on Apple’s work in promoting racial equality in the education, economic, and criminal justice systems, and is led by Lisa Jackson, Apple’s vice president of environmental, policy, and social programs.

The video in the player above is from a previous report.

Copyright ©2021 WLS-TV. all rights reserved.

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The biggest investors are piling into the ‘food of the future’ megatrend – Here’s how to tackle the boom | Instant News


(This story is for CNBC Pro subscribers only.)

Climate change, population growth and health risks are driving the transformation of the global food system, and a handful of public players are poised to benefit from a shift in the industry.

A new wave of technology is driving important changes towards indoor vertical farming, plant-based meat production and nutritional innovation. The future food solutions market is worth $ 200 billion today and will grow to $ 300 billion by 2025, estimates Bank of America. Here’s how to invest in this booming megatrend.

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Although the possibility of a callback is still high, there is no immediate sign that the rally will be reversed from here, and Nifty can try to move towards the 14500-15000 level.


Ten years of data show bull and bear horns in January. Where will the market go this year?




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Market Watch: Nifty fell below the 11,700 mark. Do you think IT and Pharma stocks will continue to maintain their strong performance in the past six months?

Market Watch: Nifty fell below the 11,700 mark. Do you think IT and Pharma stocks will continue to maintain their strong performance in the past six months?

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