Intel set for big drop in quarterly revenue as chipmaker struggles to bounce back [Yahoo! Finance Canada]
Synovus Financial Corp. (SNV)
Last synovus financial corp. earnings: 4/24 06:30 am
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Source: Yahoo! Finance Canada
With Wall Street expecting Intel to report an 8% decline in revenue to $13.02 billion, according to data from LSEG compiled as of Oct. 26, investors want Gelsinger to provide clarity on his plans to get the company's latest manufacturing technology up and running. A disastrous quarterly report in August had raised some doubts over Gelsinger's strategy to revive the struggling chipmaker. Rosenblatt Securities analyst Hans Mosesmann said Intel investors have two big questions: "Can it be fixed?" and "Who is it going to be fixed by?" Gelsinger, who took the CEO role in 2021, has cut jobs, suspended dividends and also landed a new chipmaking deal with existing customer Amazon.com - one of the company's first major deals for production on its latest 18A tech. But that has failed to soothe investors, with the stock down more than 50% this year. Intel's market value has also dipped below $100 billion. While some investors are seeking updates on Intel's progress in setting up advan
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News
- Trump appointees and crypto, Nvidia earnings preview: Catalysts [Yahoo! Finance]Yahoo! Finance
- Trump appointees and crypto, Nvidia earnings preview: Catalysts [Yahoo! Finance Canada]Yahoo! Finance Canada
- Synovus to present at Goldman Sachs 2024 US Financial Services ConferenceBusiness Wire
- Synovus names new chief credit officer [Yahoo! Finance]Yahoo! Finance
- Synovus names new chief credit officerBusiness Wire
SNV
Earnings
- 10/16/24 - Beat
SNV
Sec Filings
- 11/14/24 - Form 13F-HR
- 11/13/24 - Form 4
- 11/13/24 - Form 4
- SNV's page on the SEC website