Applied Materials Inc (NASDAQ: AMAT) shares are rising in Thursday's after-hours session after the company reported better-than-expected financial results and
Applied Materials (NASDAQ:AMAT) reported quarterly earnings of $2.03 per share which beat the analyst consensus estimate of $1.93 by 5.18 percent. This is a 7.41 percent increase over earnings of $1.89 per share from the
The resilient market faces another test on Thursday, as traders get to digest another set of economic data and a few Fed speeches. The index futures pointed to a cautious start on Thursday.
Cues From Wednesday’s Trading:
Applied Materials, Inc. (NASDAQ: AMAT) is scheduled to release its first quarter of fiscal 2023 financial results after the closing bell on Feb. 16, 2023.
Companies Reporting Before The Bell
• RELX (NYSE:RELX) is estimated to report earnings for its Fiscal Year 2022.
• Coca-Cola Europacific (NASDAQ:CCEP) is expected to report earnings for its Fiscal Year 2022.
The CNN Money Fear and Greed index showed slight improvement in the overall sentiment among US investors.
The Nasdaq recorded gains for three sessions in a row as investors digested the recent retail sales data. US retail sales rose 3% month-over-month in January, recording the biggest growth since March 2021 and above market expectations for a 1.8% increase.