- Broadcom Inc.’s AVGO shares gained 9.4% after it reported third-quarter fiscal 2025 revenues of $15.95 billion, beating the Zacks Consensus Estimate of $15.83 billion.
- Shares of Guidewire Software, Inc. GWRE jumped 20.2% after the company reported fourth-quarter fiscal 2025 earnings of 84 cents per share, which surpassed the Zacks Consensus Estimate of 62 cents.
- Samsara Inc.’s IOT shares soared 17.4% after reporting second-quarter fiscal 2025 revenues of $391.5 million, which beat the Zacks Consensus Estimate of $372.3 million.
- Shares of Exxon Mobil Corporation XOM lost 2.8% on energy emerging as one of the worst-hit sectors in the session.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
See This Stock Now for Free >>Exxon Mobil Corporation (XOM) : Free Stock Analysis Report
Broadcom Inc. (AVGO) : Free Stock Analysis Report
Guidewire Software, Inc. (GWRE) : Free Stock Analysis Report
Samsara Inc. (IOT) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
