between $24.5 billion and $25.5 billion, higher than analysts forecast of $23.26 billion. An analyst at Summit Insights Group told Reuters $25 billion is not a very strong outlook with its semiconductor business expected to grow at about 4% year-over-year to about $18 billion.
Related Tags
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves after hours: Adobe, Oracle, Costco and moreStocks making the biggest moves after hours: Adobe, Oracle, Costco & more Adobe is a leviathan. I expect it to rise even if we hit a recession
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Oracle, Adobe, Broadcom, Costco, Tapestry & moreThese are the stocks posting the largest moves before the bell, including Oracle, Adobe, Broadcom, Costco, Tapestry, and more. STOCKS MIGHT CLIMB ALL TIME NEW HIGHS AGAIN BUT TRUMP HAVE TO STAY POSITIVE IN THE TRADE WAR WITH CHINA UNTIL THE ELECTIONS
Source: CNBC - 🏆 12. / 72 Read more »
Asian stocks jump as an initial US-China trade deal moves closer toward realityAn update on a likely US-China trade deal: Asian stocks popped on news that negotiators have reached in principle an initial 'phase one' agreement, which could delay another round of US tariffs. 'Agreed in principle'. What does that mean in the real world?
Source: CNN - 🏆 4. / 95 Read more »
Stocks making the biggest moves after hours: Lululemon, GE and Fiat ChryslerStocks making the biggest moves after hours: Lululemon, GE & Fiat Chrysler
Source: CNBC - 🏆 12. / 72 Read more »
Stocks rise after Fed signals no rate hikes in 2020Stocks closed slightly higher after the Federal Reserve said it does not expect to change interest rates for the foreseeable future. “Probably won’t” = They will Crash most def inbound next year. Raising rates on this debt load would be suicide to the system. Sounds like a perfect distaster for them to capitalize on. the overall market would be significantly healthier if they had never cut rates...at least the S&P is now at 19x forward earnings ok ok
Source: CNBC - 🏆 12. / 72 Read more »
European stocks seen higher on US-China deal hopes; Conservatives win UK electionEuropean stocks were seen higher Friday morning after news that the U.S. and China have reached a phase one trade deal in principle, while the U.K.'s ruling Conservative Party has won a commanding majority in the general election. Thanks Trump 💪🏽🇺🇸 it is funny that if trade deal done,china will relocate purchase from EURO TO USA Deal Hopes? WTF? We have “the deal.” Remember?
Source: CNBC - 🏆 12. / 72 Read more »