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Skyworks Solutions (NASDAQ:SWKS) Exceeds Q2 Expectations But Stock Drops
StockStory62d agobearish
Skyworks Solutions (NASDAQ:SWKS) Exceeds Q2 Expectations But Stock Drops

Wireless chips maker Skyworks Solutions (NASDAQ: SWKS) reported revenue ahead of Wall Street’s expectations in Q2 CY2026, but sales fell by 3.1% year on year to $934.8 million. Guidance for next quarter’s revenue was better than expected at $1.04 billion at the midpoint, 0.8% above analysts’ estimates. Its non-GAAP profit of $1.08 per share was 4.8% above analysts’ consensus estimates.

Qorvo (NASDAQ:QRVO) Surprises With Strong Q2 But Stock Drops
StockStory62d agobearish
Qorvo (NASDAQ:QRVO) Surprises With Strong Q2 But Stock Drops

Communications chips maker Qorvo (NASDAQ: QRVO) reported Q2 CY2026 results beating Wall Street’s revenue expectations, but sales fell by 4.2% year on year to $784.8 million. Its non-GAAP profit of $1.64 per share was 54.1% above analysts’ consensus estimates.

Microsoft Stock Runs Into Resistance With Earnings Next; Is Microsoft A Sell Now?
Investor's Business Daily62d agobearish
Microsoft Stock Runs Into Resistance With Earnings Next; Is Microsoft A Sell Now?

Microsoft stock headed higher Tuesday, building on two straight advances as investors awaited the tech heavyweight's fourth-quarter earnings report due Wednesday. Is Microsoft stock a buy or sell now? Coming into Tuesday's session, the stock had risen more than 10% from its June lows and was running into its 50-day moving average.

Micron Stock Is Leading a Brutal New Chip Slump
Barrons.com62d agobearish
Micron Stock Is Leading a Brutal New Chip Slump

Micron stock was among the sharpest fallers Tuesday after being spared the worst of the selling in the previous session. Micron stock was down 9% by midafternoon, while Sandisk Western Digital and Advanced Micro Devices were down around 15%, 8.2%, and 7.9%, respectively. The Nasdaq Composite was mostly flat despite the chaos.