Texas Instruments announced fourth-quarter earnings above expectations, but highlighted challenges with declining revenues year-over-year.
The major indexes added to strong weekly gains. Tesla and AI chipmakers such as Nvidia and Arm are testing key levels.
Deutsche Bank (ETR:DBKGn) reiterated a Hold rating on Texas Instruments (NASDAQ:TXN) with a steady price target of $200.00, as the stock trades near $197.51. According to InvestingPro data, the company appears overvalued at current levels,
Boeing (NYSE: BA) fell 3% after it issued preliminary fourth quarter results that trailed estimates. Results were impacted by the International Association of Machinists and Aerospace Workers (IAM) work stoppage and agreement, as well as charges in the defense segment.
UP Fintech Holding Limited (NASDAQ:TIGR – Get Free Report) shares were up 8.3% on Friday . The company traded as high as $6.65 and last traded at $6.76. Approximately 1,518,371 shares changed hands during trading,
Jane Street Group LLC lowered its stake in shares of AlTi Global, Inc. (NASDAQ:ALTI – Free Report) by 53.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC.
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that ... making it possible for semiconductors to go into electronics everywhere. Learn more at TI.com.
AXT, Inc. (NASDAQ:AXTI – Get Free Report) has been given a consensus rating of “Buy” by the five brokerages that are covering the stock, Ratings reports. Five investment analysts have rated the stock with a buy rating.
The major indexes added to strong weekly gains. Tesla and AI chipmakers such as Nvidia and Arm are testing key levels.
Analog chip manufacturer Texas Instruments (NASDAQ:TXN) reported Q4 CY2024 results , but sales fell by 1.7% year on year to $4.01 billion. Guidance for next quarter’s revenue was better than expected at $3.
Texas Instruments (NASDAQ:TXN) is set to announce Q4 results on Thursday, and investors will be looking forward to hearing management’s commentary on analog offerings for AI companies and inventory levels of the company.