President Biden suspended federal oil and fuel permitting in an govt order. Only three of the 11 S&P sectors ended up, all of which characteristic megacap shares. Note that Bloomberg initially reported that Intel supplied FY21 steering, and then rapidly despatched out a corection. Intel had forecast PC-centric income decline within the low single digits on the year. But CCG posted $10.9B in sales, up 9% Y/Y and topping the $9.6B consensus. Revenue totaled $20B, down 1% Y/Y but above the $17.4B guidance from October. Q4 pretax pre-provision web revenue of $162.9M vs. $145.7M in Q3 and up 15.5% from a year earlier.
For 2021, the firm expects income to develop 6% Y/Y for a new document excessive. Earlier today, New Street Research raised semi gear stock ASML to a new Street-excessive price target.
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Payable March 23; for shareholders of document March 5; ex-div March 4. It’s …