Monolithic Power Stock Is Soaring. Analysts Like AI Exposure, 'Superior Growth.'
Chip firm Monolithic Power’s strong earnings and guidance found a welcome reception on Wall Street.
Source: marketwatch.com
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Top News In Monolithic Power Today - Breaking & Trending Today
Monolithic Power Systems (MPWR) Stock Trades Up, Here Is Why
Shares of power management chips maker Monolithic Power Systems (NASDAQ:MPWR) jumped 17% in the morning session after the company reported fourth-quarter results and provided strong revenue guidance for the next quarter, which topped analysts' expectations. Its revenue and EPS also narrowly outperformed Wall Street's estimates during the quarter. The company also highlighted the expanded market opportunity estimated at $1 billion following the acquisition of Netherlands-based startup Axign B.V,
Source: yahoo.com
Why Monolithic Power Systems Stock Popped After Earnings
Monolithic Power Systems has a high P/E but sales are still falling. Look out below.
Source: yahoo.com
S&P 500 Tests Resistance At 5,000, ARM Rockets, Oil Rebounds: What's Driving Markets Thursday?
Major U.S. stock averages traded on a mixed note at midday in New York, with the S&P 500 grappling with the psychological resistance level of ...
Source: businessinsider.com
S&P 500 Tests Resistance At 5,000, ARM Rockets, Oil Rebounds: What's Driving Markets Thursday? - ARM Holdings (NASDAQ:ARM)
Major U.S. stock averages traded on a mixed note at midday in New York, with the S&P 500 grappling with the psychological resistance level of 5,000, while the tech-heavy Nasdaq 100 managed to reach fresh record highs.
Source: benzinga.com