The semiconductor space has been enveloped by an epic spat of M&A for the better part of the last two years, equaling nearly $200 billion in deals. Much of this urge to merge has been …
Continue readingALTR
Event: Nvidia (NVDA) report their Q3 results tonight after the close. The options market is implying about a 8% one day move tomorrow, which is shy of the average over the last 4 quarters of about …
Continue readingThe biggest news in tech this week was merely rumor, that Qualcomm (QCOM) is in talks to pay $30 billion for NXP Semiconductor (NXPI), a company which just last year spent $12 billion to buy Freescale …
Continue readingHere are a few apparently directional options trades that caught my eye in today’s trading: XLK: There appeared to be an opening bullish bet in the S&P Technology Select etf when the etf was trading $47.70, …
Continue readingIntel (INTC) reported Q1 results and forward guidance last night after the close. While the Q1 results hit the previously lowered estimates, Q2 sales were guided to $13 to $14 billion, below the consensus of …
Continue readingQualcomm, both the company and its stock have had a bad year (QCOM). The company has been hit with threats from both China and European regulators regarding their selling practices in those regions, while they …
Continue readingU.S. tech companies are in a full on merger mania. It feels like every day there is a new semiconductor company that has put themselves up for sale, or in talks to merge (just this …
Continue readingBack in late April I initiated a bearish position (read here) in Intel (INTC) shortly after their weak Q1 results and Q2 guidance, along with similar from Texas Instruments (TXN) and Qualcomm (QCOM), here was …
Continue readingShortly after NXPI’s takeover offer for Freescale I took a look at Ambarella (AMBA), the chip supplier to GoPro (GPRO) (read here), and concluded: The stock is not cheap, and its future for the time being is …
Continue readingThere are specific themes that seem to dominate the various stages of a bull or bear market. For the better part of 2013 and 2014 capital return in lieu of top line growth was the theme. …
Continue reading