Shares of Applied Materials (NASDAQ:AMAT) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved down to $133.72.
Looking at Q2, Applied Materials (NASDAQ:AMAT) earned $1.73 billion, a 35.07% increase from the preceding quarter. Applied Materials also posted a total of $5.58 billion in sales, a 8.14% increase since Q1. Applied Materials earned $1.28 billion, and sales totaled $5.16 billion in Q1.
The cover story in this weekend's Barron's offers 10 ways to cash in on the shortage of just about everything.
Other featured articles discuss why bad news for big oil is good news for investors and how to play the semiconductor shortage.
Tesla Inc (NASDAQ: TSLA) is exploring options to stay ahead of the ongoing global chip shortage, including making advanced payments and buying a fabricating plant, the Financial Times reported Wednesday.