Microchip Technology is a leading provider of integrated circuits and semiconductor solutions, specializing in high-performance microcontrollers, analog products, and digital signal controllers. The company serves a diverse array of industries, including automotive, industrial, consumer, and communications, offering a wide range of products designed to enhance the performance and efficiency of electronic systems. Microchip Technology also focuses on developing innovative design tools and software that enable engineers to create advanced applications with ease, fostering the growth of the Internet of Things (IoT) and other emerging technologies. Through its commitment to quality and customer support, Microchip Technology aims to empower its clients to succeed in a rapidly evolving technological landscape. Read More
Wall Street has experienced a broadly positive day, marked by a resilient rally that has added over $1 trillion in market value. This surge in investor confidence is primarily driven by a confluence of strong corporate earnings, sustained momentum in the technology sector, and a perceived easing of anxieties related
Tech stocks staged a full rebound from last Friday's sell-off, with the Nasdaq 100 surging to 23,600 — just shy of the 23,700 all-time high set in late July, as the week’s strong sector earnings and broad gains among the Magnificent Seven fueled the rally.
Wondering what's happening in today's session regarding gap up and gap down stocks? Explore the S&P500 index on Friday to uncover the stocks that are gapping in the S&P500 index.
Analog chipmaker Microchip Technology (NASDAQ:MCHP) reported Q2 CY2025 results topping the market’s revenue expectations, but sales fell by 13.4% year on year to $1.08 billion. The company expects next quarter’s revenue to be around $1.13 billion, close to analysts’ estimates. Its non-GAAP profit of $0.27 per share was 13.2% above analysts’ consensus estimates.
Microchip Technology reports mixed Q1 FY2026 results with revenue in line but EPS beating estimates. Shares drop 6% amid year-over-year revenue decline. Dividend announced at $0.455 per share.
U.S. equities slipped midday Thursday as corporate earnings and fresh tariff announcements from President Donald Trump drove divergent moves in heavyweight names.
A number of stocks fell in the morning session after the U.S. jobs report for July came in significantly weaker than expected while new widespread import tariffs were announced, sparking fears of a potential economic slowdown.
Large-cap stocks have the power to shape entire industries thanks to their size and widespread influence.
With such vast footprints, however, finding new areas for growth is much harder than for smaller, more agile players.
Let's have a look at what is happening on the US markets after the closing bell on Wednesday. Below you can find the top S&P500 gainers and losers in today's after hours session.
A number of stocks fell in the afternoon session after industry bellwether Texas Instruments signaled softer demand and issued a cautious outlook. Texas Instruments, a key chipmaker for various industries, sparked concern after it provided a weaker-than-expected forecast for the remainder of the year. Analysts on the company's earnings call noted a "tone shift" from executives regarding the semiconductor recovery cycle compared to previous quarters. The change in messaging from a major industry player created uncertainty about the health of the overall chip market. This cautious sentiment appeared to weigh on related stocks, as investors reassessed the sector's near-term growth prospects.
Let's delve into the developments on the US markets one hour before the close of the markets on Wednesday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
Curious about the top performers within the S&P500 index in the middle of the day on Wednesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
Before the opening bell on Wednesday, let's take a glimpse of the US markets and explore the S&P500 top gainers and losers in today's pre-market session.
