Saturday, July 29, 2023
Week in review: Intel, Logitech, Meta, Microsoft, Roku, Spotify, TI earnings
The following is a roundup of my stories from Investors.com.
Apple stock defies weak sales, anemic earnings to surge 50% in 2023. (July 28, 2023)
Streaming video platform Roku crushes estimates for sales, new users. (July 27, 2023)
Chipmaker Intel beats second-quarter targets, posts surprise profit. (July 27, 2023)
Lam Research earnings beat pushes semiconductor equipment stocks higher. (July 27, 2023)
Mobileye drives past second-quarter targets, raises earnings outlook. (July 27, 2023)
Contract manufacturer Flex clears June-quarter hurdles, but stumbles with outlook. (July 26, 2023)
Facebook parent Meta breaks quarterly losing streak, shares surge. (July 26, 2023)
Pharma giant GSK beats second-quarter goals on growth in vaccines, general medicines. (July 26, 2023)
Microsoft stock falls on light sales outlook, AI investments. (July 25, 2023)
Texas Instruments tops views on robust automotive chip sales. (July 25, 2023)
Spotify Technology beats subscriber target but losses mount. (July 25, 2023)
Logitech tops June-quarter targets but gives soft sales forecast. (July 25, 2023)
NXP Semiconductors beats second-quarter goals on strong auto chip sales. (July 24, 2023)
Cadence Design Systems squeaks past views, sees AI as business driver. (July 24, 2023)
Photo: Roku home screen on TV with Roku Streambar (Roku)
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