ON Semiconductor stock pops on Q2 earnings beat

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 43 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

ON Semiconductor News

Brad Smith,Brian Sozzi

Shares of ON Semiconductor (ON) are soaring in early trading on Monday. The chip company reported second quarter earnings that topped analyst estimates and...

) are soaring in early trading on Monday. The chip company reported second quarter earnings that topped analyst estimates and its Q3 guidance is about in line with what Wall Street was expecting.We're keeping an eye on on semi this morning as you're taking a look at shares moving higher by about 11% on the rise following its earnings release here.And this was when I was tracking coming into the start of trading one of the larger companies reporting before the bell this morning.

I need to go back and list that earnings call, but it's hard to see what the market is locking in here.Operating margins were also down, and then earnings per share was also down. As of right now and something else I don't like just leaving, uh, viewers on this from a from a fundamental perspective, sales down sequentially, or quarter over quarter in each of the company's business segments.

A man, aged 45, was arrested on suspicion of attempted murder on Saturday, then re-arrested on suspicion of murder after Ms Rose died.Heatwave expected before thunderstorms hit the UK PARIS — Athletes at the Olympics are showering Noah Lyles with the first big taste of celebrity he's been working so hard to make his own.Caitlin Clark on Team USA: “I don’t think winning gold is going to be too much of a challenge for them”

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:

 /  🏆 47. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stock market today: With US markets closed, Asian shares slip and European shares gainBANGKOK (AP) — Asian shares were mostly lower on Friday after solid gains in Europe overnight, while U.S. markets were closed for the July 4th holiday.
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Chip makers take big hit, Trump Trade signs: Market TrendsBig Tech, specifically the semiconductor industry, was dealt a big blow in trading as chip giants like Nvidia (NVDA), Taiwan Semiconductor Manufacturing...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »