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Stocks Mixed Ahead of Fed Chair Warsh
Barchart27d agoneutral
Stocks Mixed Ahead of Fed Chair Warsh

The S&P 500 Index ($SPX ) (SPY ) is up by +0.17% today, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up by +0.14%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.18%. E-mini S&P futures (ESU26 ) are up +0.10%, and September E-mini...

Analog Devices Q3 Earnings Call Highlights
MarketBeat36d agoneutral
Analog Devices Q3 Earnings Call Highlights

Analog Devices (NASDAQ:ADI) reported fiscal third-quarter results that exceeded its outlook, with record revenue of $4.02 billion as growth accelerated across its industrial, automotive, communications and consumer markets. CEO and Chair Vincent Roche said the company’s first $4 billion quarter was

Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand
Reuters36d agobullish
Analog Devices' quarterly forecast tops estimates on AI-fueled chip demand

Analog Devices forecast fourth-quarter revenue and profit above Wall Street estimates on ‌Wednesday, betting on continued demand for its power-management ‌chips used across data centers and industrial applications as AI ​investments ramp up. The company stands to benefit from surging investment in AI-driven computing, which has boosted demand for chips that regulate power and move vast amounts of ‌data. Its components ⁠are widely used in data centers, factory automation equipment and modern vehicles.