Applied Materials, Inc. (AMAT) stock prices updated...
 

Applied Materials, Inc. stock price

Applied Materials, Inc. latest news:


  • 09/18/2017 06:45:41

    Applied Materials' stock rallies after RBC raises rating, price target

    Shares of Applied Materials Inc. rallied 1.4% in premarket trade Monday, after the chip equipment company was upgraded at RBC Capital, which was upbeat about the company's wafer front end (WFE) business. Analyst Amit Daryanani raised the rating to outperform from sector perform and boosted the price target to $55 from $48. Daryanani said that with about 34% of revenue coming from display and services, Applied Materials is better positioned to deal with WFE cyclicality compared with its peers. "While we understand cyclical concerns, we think current WFE levels are sustainable for a longer time frame" given a material shift in capital intensity, which should allow the company to guide fiscal 2020 earnings per share to above $4.00 at the analyst day scheduled for Sept. 27. The stock has run up 9.4% over the past three months through Friday, while the PHLX Semiconductor Index has climbed 7.4% and the S&P 500 has gained 2.8%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/05/2017 14:39:34

    BRIEF-Applied Materials Inc ‍enters into extension for $1.5 bln credit agreement

    Applied Materials Inc(AMAT). * Applied Materials Inc(AMAT) - ‍Entered into an extension agreement for U.S. $1.5 billion credit agreement dated as of September 3, 2015​ - SEC filing. * Applied Materials Inc (AMAT) - ‍Extension agreement extended termination date of lenders' commitments under credit agreement to September 3, 2021​ Source text: Further company coverage:

  • 09/05/2017 11:06:13

    Chip maker stocks drop sharply, drag on broader tech sector

    Semiconductor makers weighed heavily on the tech sector Monday, which in turn helped drag down the broader stock market, with those losses accelerating around mid-session. The PHLX Semiconductor Index fell 2.1% to 1,096, as shares of Qualcomm Inc. fell 3.9% and shares of Nvidia Corp. dropped 3.5%. Advanced Micro Devices Inc. shares declined 3.6%, Micron Technology Inc. shares shed 2.7%, Applied Materials Inc. fell 2.5%, Analog Devices Inc. shares fell 2.7%, Xilinx Inc. shares declined 2.6%, Broadcom Ltd. shares slid 2.1%, and Texas Instruments Inc. shares fell 1.5%. Shares of Intel Corp. , however, were only down 0.4%. As the S&P 500 index fell 1.2%, tech was the index's second worst performing sector, down 1.6%. The tech-heavy Nasdaq Composite Index fell 1.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/18/2017 07:31:59

    U.S. stocks open mostly lower; major indexes set to extend weekly losses

    U.S. stocks opened slightly lower on Friday, extending the previous session's decline and putting major indexes on track for weekly losses. The Dow Jones Industrial Average slid 22 points, or 0.1%, to 21,732. The S&P 500 lost 0.6 point to 2,429. The Nasdaq Composite Index was up 1.2 point to 6,222. All three indexes are on track for a negative week, with the Dow down 0.6%, the S&P off 0.5%, and the Nasdaq having lost 0.6%. This is the second straight weekly decline for the S&P and the Dow, and the fourth straight down week for the Nasdaq. Recent losses have been fueled by geopolitical uncertainty, including tensions between the U.S. and North Korea last week, and a terrorist attack in Barcelona on Thursday. Among the most actively traded stocks, Ross Stones rallied 11% a day after it reported results that beat expectations, while Applied Materials gained 3.6% a day after its own results.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/17/2017 16:04:00

    Applied Materials beats profit estimates, shares rise

    (Reuters) - Applied Materials Inc , the world's largest supplier of tools used to make semiconductors, reported a better-than-expected quarterly profit helped by strong growth in its semiconductor and display businesses.

  • 08/17/2017 14:25:02

    Why This Is the Best Quarter Applied Materials Has Ever Had


  • 08/17/2017 14:14:08

    Applied Materials stock jumps on third-quarter earnings and sales beat

    Applied Materials Inc. shares rose in the extended session Thursday after the company's third-quarter earnings beat Wall Street expectations. Applied Materials shares jumped 2.2% to $43.12 after hours. The equipment manufacturer's net income rose to $925 million, or 85 cents a share, compared to $505 million, or 46 cents a share, in the year-ago period. Adjusted earnings were 86 cents a share. Revenue increased 33% to $3.74 billion from $2.82 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of 84 cents a share on revenue of $3.69 billion. Executives issued fourth-quarter sales guidance of $3.85 billion to $4 billion, and adjusted earnings of 86 cents to 94 cents per share. Analysts model third-quarter adjusted earnings of 82 cents a share on sales of $3.7 billion. Applied Materials stock has gained 33.6% year-to-date, while the S&P 500 index has gained 8.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/17/2017 14:07:23

    Applied Materials quarterly profit jumps 83.2 pct

    Aug 17 (Reuters) - Applied Materials Inc, the world's largest supplier of tools used to make semiconductors, reported an 83.2 percent rise in quarterly profit, helped by strength in its display and semiconductor businesses.

  • 07/27/2017 12:06:03

    Semiconductor stocks tumble, weighing on the tech sector

    Shares of semiconductor stocks plunged on heavy volume on Thursday, weighing on the technology sector, which in turn pressured the broader market lower. The iShares PHLX Semiconductor ETF fell 2.1%, a drop that was more than twice as severe as the 0.8% decline in the Technology Select Sector SPDR ETF . Among the biggest decliners in the group, Advanced Micro Devices Inc. fell 5% on the day while Nvidia Corp. was off 4%. Applied Materials Inc. sank 3.6%. Teradyne Inc. was the biggest loser of the group, dropping 9.9% on the day on volume of more than 6.5 million shares, more than twice its 30-day average. Bucking the trend was Intel Corp , one of the bellwethers of the sector, which was flat on the day. The Dow component is scheduled to report its quarterly results after the market closes. Semiconductors have been strong performers throughout the year, having gained more than 20% thus far in 2017, eclipsing the 18.3% rise of the overall tech sector.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/24/2017 05:10:34

    Applied Materials announces new CFO

    Applied Materials, Inc. [s:AMAT] on Monday announced Dan Durn would replace Bob Halliday as chief financial officer in August. Durn is currently CFO of NXP Semiconductors N.V. [s:NXPi] Halliday will take on a role in business development, and plans to retire in 2018. Applied is "working in the sweet spot of the industry," Durn said in a statement. The stock has gained 45% in the year to date, while the S&P 500 [s:SP50] is up 10.5%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/07/2017 11:58:51

    Tech stocks rally, on pace for its best daily climb in 2 weeks

    A popular way to bet on the beleaguered technology sector on Friday was on track to post its best one-day gain in about two weeks. The tech-focused Technology Select Sector SPDR ETF was trading at near its highest, up 1.4%, which would mark its best daily rally since June 19 when the ETF climbed 1.48%, according to FactSet data. Gains in the exchange-traded fund were led by solid advances in shares of Applied Materials Inc. , Seagate Technology Plc. and Qorvo Inc. , all up at least 3%. The resurgence in tech names, which have seen fitful trade over the past few weeks as questions about lofty valuations plague the sector, was in part helping the tech-laden Nasdaq Composite Index to power higher, up 1.1% on the day. Friday's advance also comes after an upbeat employment report that showed the U.S. added 222,000 jobs in June, representing the second-best job haul this year. Healthy employment combined with muted levels of inflation are being read as underpinning a continued rise for risk assets, including stocks, with an expectation that the Federal Reserve will lift interest rates, increasing borrowing costs for companies, but at a more subdued pace. The S&P 500 index was up 0.7% at 2,426, while the Dow Jones Industrial Average was climbing 0.5% at 21,416. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/07/2017 11:31:20

    Technology surge puts sector on pace for its best daily climb in 2 weeks

    A popular way to bet on the beleaguered technology sector on Friday was on track to post its best one-day gain in about two weeks. The tech-focused Technology Select Sector SPDR ETF was trading at near its highest, up 1.4%, which would mark its best daily rally since June 19 when the ETF climbed 1.48%, according to FactSet data. Gains in the exchange-traded fund were led by solid advances in shares of Applied Materials Inc. , Seagate Technology Plc. and Qorvo Inc. , all up at least 3%. The resurgence in tech names, which have seen fitful trade over the past few weeks as questions about lofty valuations plague the sector, was in part helping the tech-laden Nasdaq Composite Index to power higher, up 1.1% on the day. Friday's advance also comes after an upbeat employment report that showed the U.S. added 222,000 jobs in June, representing the second-best job haul this year. Healthy employment combined with muted levels of inflation are being read as underpinning a continued rise for risk assets, including stocks, with an expectation that the Federal Reserve will lift interest rates, increasing borrowing costs for companies, but at a more subdued pace. The S&P 500 index was up 0.7% at 2,426, while the Dow Jones Industrial Average was climbing 0.5% at 21,416. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 07/07/2017 09:37:26

    AMD's stock surges to lead S&P 500 gainers in active trade

    Shares of Advanced Micro Devices Inc. surged 3.9% in active midday trade Friday, enough to pace the S&P 500's gainers, amid a broad rally in semiconductor stock. Volume topped 49 million shares within two hours after the open, which is already more than half the full-day average, and enough to make the stock the most actively traded on major U.S. exchanges. The PHLX Semiconductor Index hiked up 1.6%, as the stocks of three other chip companies were among the top S&P 500's gainers: Lam Research Corp.'s ran up 3.1%, Applied Materials Inc.'s climbed 3.0% and Nvidia Corp.'s rallied 2.1%. Morgan Stanley analyst Joseph Moore raised his stock price target for Applied Materials to $52 from $47, and for Lam Research to $168 from $135. Moore said he believes capital spending in chips and display is continuing to improve, and that memory strength is driving an "unprecedented" memory cash flow. AMD's stock has now rallied 19% year to date, while the SOX has rallied 16% and the S&P 500 has gained 8.2%.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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