Stocks with the largest movements before the market opens: Apple, Chevron, KLA, Sandisk, and others.
Market Movements: Notable Pre-Market Changes Here’s a look at some of the companies making significant pre-market moves this morning. Apple — Shares dropped by 0.6%, despite a strong report for the first quarter. The newly launched iPhone 17 model performed particularly well. Apple reported earnings of $2.84 per share, surpassing the anticipated $2.67. Revenues hit […]
Reasons for the Decline in KLA Stock Today
Applied Materials has issued a warning regarding potential errors in future sales and revenue forecasts. China is scaling back its orders for semiconductor manufacturing equipment. This is particularly concerning as KLA relies heavily on sales to China. The unfavorable news for Applied Materials likely spells trouble for KLA as well. KLA (NASDAQ: KLAC) is a […]