ASML's fourth-quarter net bookings have surged by an impressive 169% from the previous quarter, significantly surpassing analysts' expectations. The chipmaking giant reported net bookings of 7.09 billion euros, far exceeding the 3.99 billion euros anticipated by analysts polled by Visible Alpha. This remarkable performance underscores the strong demand for ASML's cutting-edge chipmaking tools.
In the tech sector, F5 Networks also made headlines with its fiscal second-quarter outlook that outpaced Wall Street's projections. The company's shares soared nearly 14% in response. F5 expects revenue between $705 million and $725 million, surpassing the FactSet forecast of $702.7 million.
T-Mobile US has issued an optimistic full-year guidance, resulting in a 6% rise in its share price. The telecommunications company reported earnings of $2.57 per share on revenue of $7.68 billion, outperforming analysts' estimates of $2.29 per share on $7.86 billion in revenue.
However, not all companies experienced positive movements. LendingClub faced a challenging outlook, leading to an 18% decline in its stock value. Meanwhile, Qorvo's strong fiscal third-quarter earnings and revenue performance were clouded by comments made during the earnings call.
In the pharmaceutical sector, Moderna appears to have "limited visibility" regarding future revenue from its respiratory illness vaccines, casting uncertainty over its financial projections.
Nextracker emerged as a standout performer, reporting $679.4 million in revenue for the quarter, surpassing the FactSet consensus forecast of $646 million. The company's shares surged more than 24% following the announcement of stronger-than-expected earnings guidance.
The semiconductor industry saw positive effects from ASML's results, with Lam Research gaining 3% and both Applied Materials and KLA Corp. rising more than 2%.
In a notable development in artificial intelligence, Alibaba Group released an enhanced version of its AI model, Qwen, claiming it surpasses DeepSeek. Alibaba highlighted on social media site X:
"We have been building Qwen2.5-Max, a large MoE LLM pretrained on massive data and post-trained with curated SFT and RLHF recipes. It achieves competitive performance against the top-tier models, and outcompetes DeepSeek."
Leave a Reply