What's Going On With Texas Instruments (TXN) Stock?
Portfolio Pulse from Henry Khederian
Texas Instruments (TXN) shares are down 2.9% ahead of its second-quarter earnings report, expected to show EPS of $1.17 on $3.82 billion in revenue. The decline is also influenced by NXP Semiconductors' (NXPI) mixed results and soft guidance, which may indicate broader issues in the semiconductor sector.
July 23, 2024 | 4:43 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
NXP Semiconductors' mixed results and soft guidance are contributing to a decline in Texas Instruments' stock, reflecting broader concerns in the semiconductor sector.
NXP Semiconductors' performance is seen as indicative of broader issues in the semiconductor sector, which is negatively impacting Texas Instruments' stock.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 50
NEGATIVE IMPACT
Texas Instruments shares are down 2.9% ahead of its Q2 earnings report, influenced by NXP Semiconductors' mixed results. Investors are watching for EPS of $1.17 on $3.82 billion in revenue.
The decline in TXN shares is directly tied to investor concerns ahead of the Q2 earnings report and the broader semiconductor sector's performance, as indicated by NXP Semiconductors' mixed results.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100