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Piper Jaffray: Raises its price target for Best Buy (BBY.N) to $76 from $75.On November 26th, local time, Organization of American States (OAS) Secretary General Ramdin stated at an online press conference on the evening of the 25th that the US military deployment in the Caribbean Sea has triggered a military crisis in the region, and the OAS demands that the military actions of the US and Venezuela be "moderate." Ramdin said he hopes both the US and Venezuela will adopt a moderate attitude and ensure that the issue is resolved through negotiations and a diplomatic solution. Ramdin expressed support for combating organized crime, but stressed that actions must comply with international law. Ramdin also stated that international experts have questioned the legitimacy of US strikes in international waters or other countries.November 26th, Futures News: Economies.com analysts latest view: Spot gold rose during the previous trading day, mainly benefiting from the positive signals released by the Relative Strength Index (RSI) after it escaped overbought territory, opening up room for continued upward movement in the short term. Meanwhile, the positive support provided by gold prices continuing to trade above the 50-day EMA further solidifies the current strong upward momentum.November 26th, Futures.com analysts latest view: WTI crude oil futures have risen in recent trading, benefiting from the solid support at the key support level of $57.35, which was the target set in our previous analysis. This support level provided upward momentum, driving WTI crude oil futures to record intraday gains. At the same time, the Relative Strength Index (RSI) showed positive signals, and the previous overbought conditions have been released, allowing prices to regain some upward momentum.November 26th, Futures News: Economies.com analysts latest view: Brent crude oil futures prices rebounded somewhat in the previous trading session, attempting to recover some of the previous losses. This rebound occurred after prices touched the previously suggested support level of 61.45. However, as prices remain below the 50-day EMA, bearish pressure persists, further solidifying the dominance and stability of the short-term bearish trend, especially given that prices are moving along the secondary trendline.

KLA Corporation Reports Fourth Quarter Outperformance and Provides Outlook

Haiden Holmes

Jul 29, 2022 11:17

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Tencor Corporation (NASDAQ:KLAC) achieved better-than-expected fourth-quarter profits per share of $5.81 above the $5.50 consensus projection. Compared to the average forecast of $2.43 billion in revenue, the actual amount generated was $2.49 billion.


The firm predicts Q1/23 EPS in the range of $5.70-$6.80, against the average expectation of $5.81, and revenues in the range of $2.475-$2.725 billion, vs the consensus estimate of $2.52 billion.


KLA's June quarter results and September quarter outlook once again display persistent outperformance, emphasizing the significance of KLA's products and services in enabling digital transformation in how we live and work, according to Rick Wallace, the company's president and CEO.