Apple Set To Cut 2021 iPhone Production By 10 Million Units, Forced By Chip Shortage: Report
Apple Inc (NASDAQ: AAPL) would reportedly cut production of its iPhone 13 smartphones for 2021 by 10 million units due to the ongoing chip shortage.
GlobalFoundries Files For US IPO
GlobalFoundries Inc (NASDAQ:GFS) filed for its U.S. initial public offering aiming for a Nasdaq listing. Mubadala, a United Arab Emirates state…
4 Stocks Insiders Are Selling
When insiders sell shares, it indicates their concern in the company’s prospects or that they view the stock as being overpriced. Either way, this signals an opportunity to go short on the stock. Insider sales should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a selling decision.
BofA Downgrades Synopsys, Cirrus Logic, Cree, Names Top Q4 Semi Picks
Bank of America remains bullish on semiconductor stocks heading into the fourth quarter, but the firm issued three semi stock downgrades Friday and said stock selection is critical at the moment.
The Semiconductor Analyst:
Analyst Vivek Arya issued the following ratings and price target changes:
Facebook Gets In On Chipmaking Fever
Facebook Inc (NASDAQ: FB) has jumped the chipmaking bandwagon joining the likes of Alphabet Inc (NASDAQ:
Analyst Ratings For Broadcom
Over the past 3 months, 8 analysts have published their opinion on Broadcom (NASDAQ:AVGO) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.
4 Broadcom Analysts Dive Deep Into Chipmaker’s 2 Key Growth Areas, Valuation And Near-Term Catalysts
Broadcom Inc. (NASDAQ: AVGO) shares are higher Friday after the chipmaker reported strong fiscal-year 2021 third-quarter results.
Summit Insights Group Downgrades Broadcom to Hold
Summit Insights Group analyst Kinngai Chan downgrades Broadcom (NASDAQ:AVGO) from Buy to Hold.