Amid a volatile trading session, four Apple (AAPL) chip suppliers are standing out: Skyworks Solutions (SWKS), NXP Semiconductors (NXPI), Qorvo (QRVO) and Avago Technologies (AVGO). Skyworks Solutions was rising in big volume in early afternoon Monday, reversing off a seven-month low. Shares had been finding support at the 200-day line but broke below that level as the market began to sell off last week. Shares are currently trading 26% below
Hampered by slowing iPhone sales, Apple (AAPL) chipmaker Avago Technologies (AVGO) is expected late Wednesday to report its second decelerating-revenue-growth quarter in two years. In the past three consecutive quarters, the Singapore-based chipmaker posted triple-digit percentage increases in revenue. Wall Street doesn’t see Avago making it a four-peat. The consensus of 21 analysts polled by Thomson Reuters models earnings per share of $2.14,
It’s clear that Apple (AAPL) iPhones and Tesla (TSLA) luxury electric cars command star power overseas. But Hollywood has long been one of America’s most influential exports, and Netflix (NFLX) has become a dominant portal for the product. The world’s infatuation with U.S. film and other Western content plays well for streaming king Netflix. “This is an American brand with American content,” FBR Capital’s Barton Crockett told