Andrew Kessel

4 days ago | investopedia.com | Andrew Kessel

Key Takeaways Cisco Systems ( CSCO) is slated to report fiscal third-quarter results after the market closes Wednesday, with earnings and revenue expected to tick up somewhat from a year earlier. Analysts on average expect Cisco to report quarterly revenue of $14.06 billion, up more than 10% year-over-year, and adjusted net income of $3.66 billion, or 92 cents per share, up from $3.55 billion, or 88 cents per share, in the year-ago quarter.

6 days ago | investopedia.com | Andrew Kessel

Key Takeaways Microchip Technology ( MCHP) shares surged Friday after the struggling chipmaker issued a better-than-expected forecast, and several analysts raised their price targets for the stock. Shares were up over 10% in recent trading near $55, though even with Friday's gains, the stock has lost about 40% of its value over the past 12 months.

6 days ago | investopedia.com | Andrew Kessel

Coinbase ( COIN) reported first-quarter earnings that missed analysts' expectations, and shares dropped in extended trading on the heels of a Bitcoin-driven rally Thursday. The cryptocurrency exchange reported revenue of $2.03 billion, up 24% year-over-year but below below the analyst consensus from Visible Alpha. Adjusted net income of $526.63 million, or $1.94 per share, fell from $679.2 million, or $2.53 per share, a year earlier, well short of estimates.

6 days ago | investopedia.com | Andrew Kessel

Key Takeaways AppLovin's ( APP) stock rocketed higher Thursday after strong quarterly results drew price target hikes from several analysts bullish on the company's advertising business. The stock was up over 13% near $344 in recent trading and has more than quadrupled in value over the past 12 months. Jefferies analysts said "the fastest growth still lies ahead" for AppLovin, whose software helps monetize gaming apps with targeted ads.

6 days ago | finance.yahoo.com | Andrew Kessel

Bloomberg / Getty Images The price of bitcoin jumped above $100,000 for the first time since early February, lifting crypto-connected stocks. Coinbase shares rose, as did those of major bitcoin buyer Strategy and crypto miners Mara and Riot. Bitcoin surged as President Donald Trump announced a trade agreement with the U.K. and said that many more deals could be on the way, while expressing optimism about talks with China that are scheduled for this weekend.