skyworks solutions apple
(To watch Bedell’s track record, click here) The analyst consensus tells a very similar story. Bill Gates’ Trust Sold Alibaba, Uber, and Apple Stock. Skyworks is at the forefront of this sea change. Skyworks merely works. In "Who Rules the Cloud? Revenue increased by double-digit percentages, not just sequentially from the previous quarter during a typically busy late summer and early autumn period, but also year over year as the company starts to lap effects from the U.S.-China trade war. CEO Keith Phillips said in a press release that the North Carolina investment positions the company to be a part of "North America's clean energy storage and EV revolution." Let Skyworks come to you. See more from BenzingaClick here for options trades from BenzingaKubient Is Using Advanced Cloud Technology To Innovate Digital Advertising by Eliminating FraudTexas Hit By Freezing Cold, Enacts Rolling Blackouts© 2021 Benzinga.com. Don’t let fear get in the way of a fresh start. Albemarle also announced it was experimenting with a process to streamline lithium production from brine resources, a project sponsored by the U.S. Department of Energy. “Everyone just thinks the stock market is going to go, go, go,” he added. Why Everyone Is Investing in 5G All WRONG, America’s #1 Stock Picker Reveals His Next 1,000% Winner, Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company, Radical New Battery Could Dismantle Oil Markets. U.S. election results may or may not change Skyworks' relationship with Huawei, but either way, the company has clawed its way back to expansion mode. As a result, market pullbacks have been shallow. And at this very moment, Fisker stock has huge upside potential. (Bloomberg) -- Lucid Motors Inc. is nearing a deal to go public through a merger with a blank-check company started by investment banker Michael Klein that could be announced early next week, according to people familiar with the matter.The combined entity will be valued at as much as $15 billion, the people said, asking not to be identified because the matter is private.The special purpose acquisition company has been in talks to raise between $1 billion and $1.5 billion in funding from institutional investors to support the transaction, the people added. It’s important to note that this is unfounded speculation. More From Hypergrowth Investing FuboTV Stock Is Heading to $200. Click here to see how he does it. EPS came in at $10.02 per share, a 12% sequential gain and a 20% year-over-year gain. Skyworks Solutions, Inc. is an American semiconductor company headquartered in Irvine, California, United States. (Bloomberg) -- The American love affair with stocks is deepening as everyone from frenetic day-traders to staid institutions dive further into the market.Equity funds are drawing fresh money at an unprecedented pace and hedge funds are boosting their stock exposure to a record. Earlier this week, Apple’s 5G modem supplier Qualcomm published a strong set of Q4 results, driven in part by 5G chips used in the new iPhone, while Skyworks - a … The company powers other connectivity applications like 5G network infrastructure, cars, and touchless digital payments. It should be no surprise, then, that Fisker has attracted a top-tier design team that has created one of the most sleek-looking EVs yet – the Ocean SUV. In fiscal years 2015 the total percentage of revenue derived from Foxconn was 44%. Musk, who earlier in the week remarked that he found the prospect of holding bitcoin adventurous for an S&P 500 company, said in a tweet: "Money is just data that allows us to avoid the inconvenience of barter ..." Bitcoin, the world's most popular cryptocurrency, hit a fresh high in Asian trading on Saturday, extending a two-month rally a day after the digital currency's market capitalization exceeded $1 trillion. In short, Linde embodies Dalio’s ‘diversify’ dictum. In 2020 Apple has achieved lift-off, rising 82% to more than $2.2 trillion. No, we’re not revising downward our Gold forecast high for this year of 2401. Stock Advisor launched in February of 2002. Here's How to Judge Them" explains that business development companies such as Owl Rock Capital Corp (NYSE: ORCC) are reporting earnings, and income investors should consider paying attention to the status of their loan portfolios for some attractive yield. See more from BenzingaClick here for options trades from BenzingaThe Past Week's Notable Insider Buys: More Biotech IPOs, Bumble, Fiserv And MoreBenzinga's Bulls And Bears Of The Week: Disney, QuantumScape, Tesla, Walmart And More© 2021 Benzinga.com. Burry is betting here that COVID-19 restrictions will keep people working from home. It is very important to do your own analysis before making any investment. And finally, Dalio tells investors, “Do the opposite of what your instincts are.” Or put another way, don’t follow the herd, as such thinking frequently leads to suboptimal results. If he’s right, this move could really pay off. Smartphone sales dropped in the spring and summer months during peak economic lockdown, but as the year wore on and 5G mobile coverage from network providers increased, phone manufacturers were in a hot hurry to include the new chips for the upcoming holiday shopping season. All rights reserved. It’s most often compared with Qorvo (NASDAQ:QRVO) although Broadcom (NASDAQ:AVGO) and Qualcomm (NASDAQ:QCOM) are big, too. Skyworks Solutions (SWKS) – Skyworks spiked 13% in premarket trading, following a sizeable earnings beat. That talented team has created a cost-effective way to manufacture high-performance solid batteries. (Bloomberg) -- When the Texas power grid was on the brink of collapse and its operator plunged thousands into darkness, it didn’t make an exception for the oil and gas field.Power was, unsurprisingly, diverted to hospitals and nursing homes. Shop now! Pulling the trigger on ABBV in the fourth quarter, Dalio’s firm purchased 25,294 shares. Another example: In late 2019, Jonas said that the Space Economy was on the verge of hypergrowth and Virgin Galactic was a strong buy. On Tuesday, Feb. 16, the SEC released filings from many high-profile investors such as Warren Buffett, Cathie Wood and Michael Burry. Stocks in electric battery technology have been heating up as automakers, airlines and equipment manufacturers continue to form partnerships with tech companies. But there’s another speculation no one is making. The post Is Skyworks Solutions Stock Still an Apple Proxy as Tim Cook Eyes Own Chips appeared first on InvestorPlace. But it’s no longer the case that when Apple runs a marathon, Skyworks gets a t-shirt. Skyworks Solutions Inc's Skyworks 78221-17 low-band PAMiD (power amplifier module with integrated duplexers) on the Apple iPhone 11 Pro Max, highlighted by a … The company's … Photo by Norbert Nagel via Wikimedia. That wasn’t the case over days of forced power outages as nearly every source of fuel faltered in the unprecedented cold that slammed Texas.Even with its explorers focusing on crude, the state is the country’s biggest gas producer, and the fuel makes up just over half of the sources of its power generation mix.A crucial part of the natural gas system was knocked out by the power outages: compressor stations that help keep gas flowing through pipelines.As Ercot started asking utilities to prompt big customers to reduce consumption Sunday evening, those stations went down and the pressure across multiple gas pipelines started to drop, ultimately tripping some utilities off line because of lack of fuel.That, in turn, led some areas of the Eagle Ford shale and the Permian to simply turn off gas production completely.The situation got much worse in the early hours of Monday as demand continued to climb. "Tech Valuations Are Getting Scary. Find out why the Texas-based company could be a beneficiary of U.S. infrastructure spending and why Barron's sees the share price rising as much as 80%. Get the latest Skyworks Solutions Inc (SWKS) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. The Answer Is Hazy," Eric J. Savitz points out that the data showing who dominates the U.S. public cloud market are obfuscated by definitions that can make comparisons among providers such as Amazon.com, Inc. (NASDAQ: AMZN) and Microsoft Corporation (NASDAQ: MSFT) almost impossible. The Motley Fool owns shares of and recommends Apple and Skyworks Solutions. The company has kept the dividend reliable for the past 12 years. The full-year top line was up 11% from 2019. The company is one of the dominant index funds in the US financial scene, and saw $16.2 billion revenue last year, with a net income of $4.9 billion. In addition to 5G wireless launches, Skyworks is seeing growth in chips for the new Wi-Fi 6 standard. In 2020 Apple has achieved lift-off, rising 82% to more than $2.2 trillion. First, diversify. Shares are priced at $250.88, and their $295.73 average price target suggests they have ~18% growth ahead. See what that means for Medtronic PLC (NYSE: MDT), Moderna Inc (NASDAQ: MRNA) and a number of others. Apple is a better stock. That would put the value of his apparent GameStop holdings at more than $4 million. Hydrogen fuel cell company Plug Power Inc (NASDAQ: PLUG), based in Latham, New York, sells alternatives to traditional batteries. Nicholas has been a writer for the Motley Fool since 2015, covering companies primarily in the consumer goods and technology sectors. Avi Salzman's "Texas Looks to Rebuild. Private-equity giant Blackstone Group Inc (NYSE: BX) is pushing hard into life sciences at a critical time, according to "Blackstone Makes a Big Bet on Life Sciences" by Liz Moyer. There’s this guy on Wall Street… Source: Shutterstock His name is Adam Jonas. The chip maker’s executives didn’t mention Apple ‘s […] There may be some who believe that could include the kind of RF chips Skyworks produces. Shares sell for $710.11, and the average price target of $832.17 gives the stock a 17% upside potential. Golden Nuggets The Model X – its closest rival today – goes for over $80,000. FuelCell Energy Inc (NASDAQ: FCEL) has longtime partner Exxon Mobil Corporation (NYSE: XOM) behind it and in 2019 the collaboration expanded in a deal worth more than $60 million for large-scale carbon capture. Anyone who follows tech stocks knows that when Apple (NASDAQ:AAPL) sneezes, Skyworks Solutions (NASDAQ:SWKS) stock catches cold. The company has attracted a top-tier engineering team that is full of Stanford and UC Berkeley talent. Skyworks kept making chips. “Between ABBV’s ex-Humira portfolio’s growth trajectory and a broad portfolio of catalysts across early-, mid-, and late-stage assets, it is hard to find a biopharma company that is better positioned, even with their looming LOE. Prices are already the highest since the pre-pandemic days — and they're likely to spike. There is no indication Apple is interested in buying Skyworks. Besides suppling chemicals for electric vehicle batteries, Livent also produces butyllithium and lithium metal for the pharmaceutical, aerospace and agrochemical industries. Is that a problem? When billionaire financier Ray Dalio makes a move, Wall Street pays attention. (See LIN stock analysis on TipRanks) BlackRock (BLK) Next up is the world’s largest asset manager. We believe LIN is poised to continue to surprise investors and outperform the broader group even in a cyclical market. AbbVie expects that these drugs will ‘fill the gap’ in profits when the Humira patents expire in 2023, with up to $15 billion in sales by 2025. Check Out Men Who Want to Chat and Date - Join DateMyAge.com. Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer. In the most recent declaration, made this month for a payment to go out in May, AbbVie raised the dividend 10% to $1.30 per common share. “You need that euphoric moment for the bull market to top.”That danger has yet to register with investors. One is that Apple is moving to produce its own semiconductors. In "Bank Stocks Are Getting Hot. QuantumScape is doing that. CitiGroup’s stock hasn’t moved much throughout the last six months, but Burry is betting it will with these $33 million in call options. Porges gives ABBV an Outperform (i.e. Buy These 3 High-Quality Stocks Instead, Skyworks Crushes Q1 Estimates With a Boost From Apple; New Dividend Declared, Why Skyworks Solutions Stock Just Jumped 11%, Copyright, Trademark and Patent Information. This bodes well for makers of lithium-ion batteries and hydrogen fuel cells. InvestorPlace - Stock Market News, Stock Advice & Trading Tips. The other is that Apple has become overvalued. At current valuation, this is worth $2.66 million. Gill previously showed he owned 50,000 shares, the Wall Street Journal reported, suggesting he has doubled down on his bet. Press Release Skyworks to Present at Goldman Sachs 2021 Technology and Internet Conference Its products use hydrogen-rich fuels to generate power and also try to improve on the functions of traditional batteries. Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Money piles into what obviously works, sometimes ignoring what merely works. Semiconductor makers Qorvo and Skyworks Solutions are weighing bids for Broadcom's RF chip business amid its disclosure of a $15 billion Apple components deal. He has been posting about GameStop for a year and also making videos on YouTube where he appears under the name "Roaring Kitty." Its sales are still close to their 2016 level, with profits a little lower. It opened for trade Sept. 3 at about $153 per share. Leveraging our technology leadership, broad systems expertise and operational scale, we are creating the solutions that will launch the true potential of 5G. Even the most successful investors fall flat. By uncovering early investments in hypergrowth industries, Luke Lango puts you on the ground-floor of world-changing megatrends. Find out what Barron's thinks that could mean for everything from Facebook, Inc. (NASDAQ: FB) to 3M Co (NYSE: MMM). Benzinga does not provide investment advice. He is also the founder and president of Concinnus Financial, a Registered Investment Advisor based in Spokane, WA. 1 stock picker, according to TipRanks. Piedmont signed a five-year agreement to supply Tesla with one-third of its planned 160,000-tonnes-per-year spodumene concentrate, a type of lithium ore, from its deposits in North Carolina. The value of this new addition? Skyworks Solutions Inc , which supplies radio chips to Apple Inc's iPhones, cut its quarterly results forecasts on Wednesday, saying the … Ercot simply didn’t have the power, and millions of homes fell into darkness.Ercot executives have said the utilities ultimately determine which circuits to turn off during a rotating outage. The annual capital gain is under 10%. Cost of these hearing aids might surprise you, Lithium And Hydrogen Trades: 5 Battery-Related Stocks To Watch, Bad money moves: Warren Buffett, Jim Cramer and Suze Orman on their biggest investing regrets, 2 Electric Vehicle Stocks Endorsed by Wall Street’s ‘Mad Scientist’, Bubble Warnings Go Unheeded as Everyone Is a Buyer in Stocks, WallStreetBets Trader Keith Gill Appears To Have Bought 50,000 More Shares Of GameStop, Your next stimulus check is expected to take a big step closer this week, Sending Money to India Is Now Fast & Simple. For the record, I couldn’t agree more. Skyworks is powering connectivity in other areas besides mobile phones, including 5G infrastructure equipment itself, connectivity in cars, and business and industrial equipment in need of a network connection. Although Livent shares have rocketed over 300% from March 2020 lows, shares dropped Friday after Livent reported less than stellar earnings. Further, the solid FCF position provides them plenty of dry powder for M&A, de-caps, etc. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Shares in Plug Power hit a high of $75.49 in January, a 134% increase since the start of the year but have recently retraced by almost 30%. Summing up his success, Dalio has three pieces of advice for investors. Benzinga does not provide investment advice. Buy) rating, and sets a $140 price target that indicates room for a 33% one-year upside. Skyworks calls these end markets outside of smartphones its "growth markets," and said that in total, they now make up 30% of revenue and are growing by double-digit percentages. Since the announcement, shares of Piedmont have soared more than 430%. Fisker (FSR) and QuantumScape (QS). In fact, according to a survey by the National Association of Active Investment Managers, the most-bearish group that typically has a net-short position was 80% long in stocks earlier this month before turning neutral.Add corporate America to the growing army of buyers. Here are the best Robinhood stocks to buy now. There is much more than just 5G under the hood, though. The new COVID aid faces a vote in the U.S. House. His latest book is Technology’s Big Bang: Yesterday, Today and Tomorrow with Moore’s Law, essays on technology available at the Amazon Kindle store. North Carolina-based Albemarle Corp (NYSE: ALB) is another one to watch. At the same time, he said solid-state battery maker QuantumScape’s game-changing technology positions it well for blockbuster partnerships with U.S.-based EV players — like Ford and Apple — as they look to secure a domestic supply of battery technology. The company announced on Tuesday that it had entered into an agreement with Acciona S.A., a sustainable infrastructure company in Spain. It’s a phenomenon that highlights just how interconnected -- and interdependent -- Texas’s energy network is.In the Permian, most drillers target more valuable crude, with gas typically considered an unwanted byproduct. The billionaire’s fund snapped up 20,149 shares during the fourth quarter, worth $5.05 million at current prices. Several energy companies say that, while frozen infrastructure and equipment malfunctions caused gas volumes to plummet, a lack of power also had a profound impact on supply. He’s one of the analysts I respect most on Wall Street. Burry bought more than $330,000 in call options on the investment firm. In contrast to Apple, you buy Skyworks stock for yield. Leerink analyst Geoffrey Porges covers ABBV, and is impressed with the way that the company is preparing in advance for the loss of US exclusivity on its best-selling product. Both metrics handily beat management's guidance just a few months prior for revenue and adjusted earnings to be at most $850 million and $1.51, respectively. In our view, management's 11-13% guide for 2021 remains conservative driven by its on coming projects, continued pricing, efficiency gains, and solid buybacks with its strong balance sheet and cash flows. He appeared at a Congressional hearing regarding Reddit's influence on the market on Thursday, along with the CEOs of Robinhood, Citadel and Melvin Capital. Buy It Before It Goes Parabolic The Best Stocks to Buy in the Market Today, According to Jeff Bezos 7 Explosive Cryptocurrencies to Buy After the Bitcoin Halvening 15 EV Stocks to Buy as GM Goes All-Electric The post 2 Electric Vehicle Stocks Endorsed by Wall Street’s ‘Mad Scientist’ appeared first on InvestorPlace. Enjoy 12 months of Disney+ on us & stream from 23 Feb. Plus, switch to StarHub for up to extra 300 OFF handset! That doesn't leave much room for error, and Wall Street doesn't seem to be concerned. Here Are 6 Stocks That Could Benefit" suggests that companies that provide energy infrastructure and oil-and-gas producers that were spared storm damage in Texas offer opportunities. Not wanting to miss out on a compelling opportunity, Dalio's fund pulled the trigger on 19,917 shares, giving it a new position in BLK. Intel is a 2021 winner, after a rough ride last year. The S&P 500 has staged seven discernible retreats since October, including one in late January, none going further than 4% before a rally took hold.“There have been several times over the past month when it looked as if the rug had been pulled out from the market and the ‘drop’ had begun, but each time buyers have stepped in,” Saut Strategy’s Andrew Adams wrote in a note. Fisker was founded by Henrik Fisker, a legend of unparalleled reputation in the luxury auto market who was the design brain behind the Aston Martin DB9, the Aston Martin Vantage, the BMW Z8, and the BMW X5. A world of new and unimagined applications. Finally, we talked about Skyworks Solutions Inc. (Nasdaq: SWKS). ABBV is prepared for 2023, and has growth drivers to drive better than industry average top- and bottom-line growth in the period before (2021-2022) and after (2024-2028) 2023,” Porges opined. Apple’s ramp-up to supply the new communications technology in all its products should benefit the Irvine, California company, the thinking goes. One analyst said the ETF could reach $1 billion in assets under management by the end of next week. As Apple continues its moves into controlling its own silicon, it might buy Skyworks. Assessing Linde for BMO, analyst John McNulty expresses his confidence in Linde’s current performance. For investors, AbbVie has a long-standing commitment to returning profits to shareholders. Barron's Latest Picks And Pans: Bank Stocks, BDCs, Blackstone, Fluor, Oracle And More, Lucid Motors Is Said to Near Deal to Go Public via Klein’s SPAC. The grid operator didn’t have information on power being cut to gas compressor stations, a spokeswoman said in an email.At its peak, nearly 40% of U.S. oil output was shuttered due to the extreme cold and associated blackouts. Keeping a wide range of stocks in the portfolio, from multiple sectors, is the surest way to invest well. The 5G Revolution Could Send These 3 … The Virgin Galactic stock price at the time? See also: Benzinga's Bulls And Bears Of The Week: Disney, QuantumScape, Tesla, Walmart And More A Goldman Sachs strategist lays out the case for stocks to shine, which includes an accelerating vaccination program and a $1.9 trillion stimulus bill. What does that mean for the likes of Eaton Corporation PLC (NYSE: ETN), Hess Corp. (NYSE: HES) and even General Electric Company (NYSE: GE). Shares of Skyworks were trading down 0.8% at $129.75 on Thursday morning, and its 52-week range is $67.90 to $138.22. Companies -- a reliable ally of the last bull market -- were forced to retreat and preserve cash during the 2020 pandemic, but are splurging on their own shares again. The company has an 8-year history of keeping a reliable – and growing – dividend. Why Stocks Can Still Shine." He said buy Fisker stock and QuantumScape stock. Ercot, as the grid manager is known, was staving off utter catastrophe, its chief executive later said.But leaving shale fields like the Permian Basin dark had an unintended consequence. The news was enough to send Skyworks Solutions (NASDAQ:SWKS) and some other Apple-reliant companies lower as well. We expect organic base fee growth to exceed organic AuM growth coming into 2021 driven by a flow mix skewed toward higher fee-rate products for now.” To this end, Bedell rates BLK a Buy and his $837 price target suggests the stock has ~18% upside ahead of it. Dalio, who got his start working on the floor of the New York Stock Exchange trading commodity futures, founded the world’s largest hedge fund, Bridgewater Associates, in 1975. Skyworks doesn't directly sell its products to Apple, but sells them to Foxconn, which is a major supplier of Apple. In the first quarter of this year, BlackRock declared its regular quarterly dividend, and raised the payment by 13% to $4.13 per common share. Returns as of 02/21/2021. Tesla, Microsoft and Bitcoin are in focus. Shares of Skyworks pushed 5.1% higher. Including Friday’s newcomers, 146 SPACs that have filed since Jan. 1 are waiting for IPOs to add $40 billion to that total, the data show.Dell, Singer, Facebook Co-Founder Latest to Join SPAC BandwagonLucid targets the luxury end of the market and its chief executive officer, Peter Rawlinson, was previously Tesla’s chief engineer on the Model S sedan. The content is intended to be used for informational purposes only. Looking to Dalio for investing inspiration, we used TipRanks’ database to find out if three stocks the billionaire recently added to the fund represent compelling plays. But if you bought in 2015 you are getting a respectable 2.2% yield on that $78 investment, from the $2 per share annual dividend. Also in this week's Barron's: What investors want to see in Warren Buffett's letter to shareholders The latest Barron's annual ranking of the best fund families What it means for interest rates that the doves are in charge again How much equity investors care about rising rates A review of a century of infrastructure projects and costs Why this bull market shows no sign of ending soon What Carl Icahn plans for an Ohio-based electric utility Whether investors should worry about bitcoin mining in China An international fund that stays a step ahead of Wall Street analysts The next smart-beta category What to expect as food prices continue to rise Three retirement savings tricks At the time of this writing, the author had no position in the mentioned equities. Skyworks stock (ticker: SWKS) surged 8.9% in Friday trading. Unemployed for 6 months? Shares of both electric-vehicle makers soared both in 2020 and so far this year. $5 – It’s up about 170,000% since then. In line with his bullish comments, McNulty rates LIN as a Buy, and his $320 price target implies an upside of ~28% for the coming year. Some specific design wins called out from the last quarter included Facebook's new Oculus Quest 2 VR headset, next-gen WiFi 6 routers from Netgear, and new touchless point-of-sale systems at Square. Linde’s industry leadership and essential products helped the company bounce back from the corona crisis. The company is the maker of Humira, an anti-inflammatory used in the treatment of a wide range of chronic illnesses including rheumatoid arthritis, Crohn’s disease, and psoriasis. BlackRock’s recent Q4 report shows its strength, as far as numbers can. Shares of Skyworks Solutions were soaring in late trading ... but it is an obvious conclusion that the company got a boost from the strong sales of the new Apple iPhone 12 line. There’s no apparent growth. 1, Michael Burry’s Biggest Position: CitiGroup, $33,272,000 in Call Options (Notional Value) In what might be a surprise to some investors, Burry’s biggest position in the most recent filing was Citigroup Inc (NYSE: C). About $7 – It’s up more than 750% since then. Once again, we are looking at stock that embodies some of Dalio’s advice. With lots of new 5G-enabled smartphones coming to market, I expect the company's expansion to have some legs. Big picture: Jonas is a smart guy. Semiconductor demand is a cyclical affair, and the last downcycle was exacerbated by tense U.S.-China trade relations. Author: M. Corey Goldman To me that’s a sign of an overheated market. No. He enjoys the outdoors up and down the West Coast with his wife and their Humane Society-rescued dog. 10 Blue-Chip Stocks Ideal for Any Investor. Three-quarters of the U.S. frack fleet was lost this week, leaving 41 crews working to blast water, sand and chemicals underground to release trapped oil and gas, Matt Johnson, chief executive officer at Primary Vision Inc., said Friday.Already, companies including Marathon Oil Corp. and Devon Energy Corp. have begun using restored power from local grids or generators to restart output, according to people familiar with the matter.It’s not yet clear how long it will take to restore all the lost oil and gas supply, but oil traders and executives have said they hope most of the production lost will return within days as temperatures rise and power becomes available.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P. This weekend's Barron's cover story explores one enterprise software company's transformation into a cloud giant. Its chips handle radio waves at cell towers, in user devices and in WiFi systems. The company’s revenues slipped in 1H20, but grew in the second half, reaching pre-corona levels in Q3 and exceeding those levels in Q4. Buy-the-dip is the name of the game. Price Action: GameStop stock was trading at $42.88 in the post-market trading on Friday, having lost 22.54% in a week, while Palantir Technologies (PLTR:NYSE) seems to be getting attention from the WallStreetBets traders right now.
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