NVIDIA Corporation (NASDAQ:NVDA) posted its quarterly earnings results on Wednesday. The company reported $0.32 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.18 by $0.14, Analyst Ratings Net reports. The company had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the company posted $0.26 earnings per share. NVIDIA Corp.’s revenue was up 3.3% compared to the same quarter last year. NVIDIA Corporation (NASDAQ:NVDA) stock opened at $16.30 in last trading session, and closed at $16.83, trading in the range of $16.30 – $16.95. The stock showed a negative weekly performance of 6.35%.
Applied Materials, Inc. (NASDAQ:AMAT) the biggest maker of equipment used to make semiconductors, reported a 39 percent jump in first-quarter revenue as higher demand from manufacturers of flash memory chips helped to offset weak sales to makers of logic chips. Applied Materials, which also provides equipment to make flat panel displays and solar cells, said it expected adjusted earnings of 25-29 cents per share in the current quarter. Applied Materials, Inc. (NASDAQ:AMAT) shares closed at $17.91 on last trade day, by gaining 0.73%. Stock 52 week range is $12.65 – $18.18. Company’s market capitalization is $21.58 billion.
AT&T Inc. (NYSE:T)’s new store design focused on the customer’s mobile lifestyle is now a reality in North Texas. The new store at 5100 Belt Line Road in Addison transforms the entire shopping experience. The new store concept is the result of more than two years of exploration and research all centered on one design goal — to create a more interactive and inviting store environment. AT&T Inc. (NYSE:T) stock decreased -0.03% and finished the last session at $32.94. The EPS of the stock remained 3.40. Company’s market capitalization is $172.14 billion.
UBS AG started coverage on shares of Sprint Corp. (NYSE:S) in a research note issued on Monday, Analyst Ratings.Net reports. The firm set a “reduce” rating and a $9.00 price target on the stock. UBS AG’s price objective points to a potential upside of 13.92% from the company’s current price. The analysts noted that the move was a valuation call. Sprint Corporation (NYSE:S) stock opened at $8.12 in last trading session and closed at $8.07. The 52 week range of the stock is $5.15 – $11.47 and the day range was $7.98 – $8.18.