ASML

The S&P 500 Index ($SPX) (SPY) on Friday closed up +0.84%, the Dow Jones Industrial Average ($DOWI) (DIA) closed up +0.02%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +2.35%. June E-mini S&P futures (ESM26) rose +0.79%, and June E-mini Nasdaq futures (NQM26) rose +2.37%. Stock indexes settled higher on Friday, with the S&P 500 and Nasdaq 100 posting new record highs. Chipmaker and AI-infrastructure stocks led the overall market higher on Friday, offsetting concerns about the Iran war. Stronger-than-expected corporate earnings are pushing stocks higher. Weakness in software stocks on Friday weighed on the Dow Jones Industrial Average. As CPUs Steal the Show, AMD Stock Just Got a New Street-High Price Target How Intel Stock Could Be the Biggest Winner from AMD’s Explosive Earnings Win Cathie Wood Dumps More AMD Shares Despite Its Massive 108% Rally. Here's Why. Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Stock indexes also found support today on signs of resiliency in the US labor market after April nonfarm payrolls rose more than expected and March nonfarm payrolls were revised upward. Stocks rallied on Friday despite a larger-than-expected decline in US consumer sentiment to a record low. US Apr nonfarm payrolls rose by +115,000, stronger than expectations of +65,000, and Mar nonfarm payrolls were revised upward to +185,000 from the previously reported +178,000. The Apr unemployment rate was unchanged at 4.3%, right on expectations. US Apr average hourly earnings rose +0.2% m/m and +3.6% y/y, weaker than expectations of +0.3% m/m and +3.8% y/y. The University of Michigan’s US May consumer sentiment index fell -1.6 to a record low of 48.2 (data from 1978), weaker than expectations of 49.5. The University of Michigan US May 1-year inflation expectations rate unexpectedly eased to +4.5% from +4.7% in Apr, weaker than expectations of an increase to 4.8%. The May 5-10 year inflation expectations rate unexpectedly eased to +3.4%, weaker than expectations of no change at +3.5%. In the latest developments in the Middle East, Iran's semi-official Tasnim news agency said Iran seized an oil tanker on Friday in the Strait of Hormuz for "attempting to disrupt oil exports and the interests of the Iranian nation." Also, US forces targeted missile and drone launch sites and other milita...

(Bloomberg) -- A strong earnings season is hiding tougher times ahead for European stocks as the effects of the Iran war make it harder for companies to meet lofty profit expectations in the quarters to come. Most Read from Bloomberg US Has Opened a Passage Through Hormuz, Central Command Says DOJ Plans Intervention in Trump Supreme Court Carroll Appeal US Says Offensive Phase of Iran War Over as Ship Hit in Strait Sony to Pay Almost $4 Billion for Bieber, Neil Young Catalog China Asks Banks to Pause New Loans to US-Sanctioned Refiner Surprisingly good corporate results have helped European stocks stage a rapid recovery from their conflict lows, supported by a conviction among investors that Middle East de-escalation is on the way. First-quarter earnings growth is running at 5.6% year-on-year for the MSCI Europe Index, exceeding market expectations of 2.6%, according to a Bloomberg Intelligence tracker. The bar is about to be raised. “Our concerns lie more for the second, third and fourth quarters of the year,” said Roland Kaloyan, head of European equity strategy at Societe Generale SA in Paris. “Expectations are much higher, while there is a risk that the negative impact of the war, on supply chains, energy or raw material costs will likely be felt further down the road.” Projections for profit increases in Europe are high and keep getting upgraded. The consensus is for a jump of 11% in 2026, and 10.2% in 2027. That also implies that the bulk of the growth this year needs to happen in the next three quarters, a view that looks optimistic should the economy take a hit from elevated oil prices. The rebound in European equities in recent weeks has also been extremely narrow, with a handful of stocks responsible for most of the advance and the earnings revisions. The energy sector has led the way, with a few other star performers in semiconductors, infrastructure and among artificial intelligence beneficiaries such as ASML Holding NV, Nokia Oyj and ABB Ltd. “Overall, it’s a good quarter with a nice earnings momentum year-to-date,” Kaloyan said. “But if you take out energy stocks, miners and semiconductors, earnings revisions are rather negative.” European earnings estimates are on the rise, but much of that is down to massive boosts in the energy sector. Profit expectations for this group have been upgraded by over 50% since the start of the war, according to...

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. KLA (NasdaqGS:KLAC) is highlighted as a key supplier as AI driven semiconductor demand strains global equipment capacity. The company, alongside peers such as ASML and Lam Research, is reported to be running at or near full capacity as chipmakers scale advanced AI manufacturing. Industry wide bottlenecks in critical inspection and process control tools raise questions about how quickly new AI focused fabs can be equipped. KLA sits at the center of this buildout, supplying inspection and metrology tools that are essential for producing cutting edge chips used in AI workloads. The stock last closed at $1,732.90, with a 1 year return of 157% and a 5 year return that is more than 5x, which underscores how closely investors are linking NasdaqGS:KLAC to the AI infrastructure theme. Recent moves, including a 14.2% gain over the past 30 days and a 36.0% return year to date, reflect that connection. For investors, KLA's role as a gatekeeper for advanced manufacturing capacity is central to the broader AI story, and it also brings attention to supply constraints that could affect equipment lead times and project schedules. The current situation raises practical questions about how chipmakers prioritize tool allocations, how long capacity remains tight, and what that might mean for companies tied to AI demand along the semiconductor supply chain. Stay updated on the most important news stories for KLA by adding it to your watchlist or portfolio. Alternatively, explore our Community to discover new perspectives on KLA. See which insiders are buying and buying and selling KLA following this latest news. KLA’s latest quarter and buyback activity give you a clearer read on how investors and management are reacting to AI driven demand and tight equipment supply. Revenue of US$3,415.08m and net income of US$1,200.99m for the March 2026 quarter, together with guidance that points to Q4 revenue around US$3.575b at the midpoint, show that KLA is converting the current AI capacity buildout into higher sales and earnings. At the same time, the company repurchased 439,596 shares for US$625.5m in the March quarter and has now bought back 19,298,833 shares, or 13.73% of its stock, under the June 2022 program. For investors, that combination of reported earnings, forward guidan...

By Twesha Dikshit and Avinash P May 5 (Reuters) - European shares recovered modestly on Tuesday after slumping in the previous session as a rally in technology stocks and a slate of upbeat corporate ‌earnings provided support, though signs of an escalation in U.S.-Iran tensions tempered gains. The pan-European STOXX ‌600 closed up at 0.7% at 609.72 points, after posting its biggest drop in a month on Monday. Major regional bourses mirrored gains, except for the UK's FTSE 100, which was down 1.4% as London-listed lender HSBC dropped 6.2% after reporting an unexpected $400-million loss linked to a fraud case in Britain that resulted in first-quarter profit coming in below estimates. The technology sector advanced 2.4%, leading gains among the major STOXX sectors, with chip stocks including ASML and ASMI among the ‌top boosts, tracking a semiconductor rally on ⁠Wall Street. Anheuser-Busch InBev advanced 9.3% after the Belgian brewer posted quarterly sales and profits well above forecast, while UniCredit added 5.9% after the Italian lender posted its highest ⁠quarterly profit on record and raised its full-year forecast. UniCredit also launched a takeover offer for Commerzbank despite strong German opposition. The eurozone bank sector rose 1.9%. "Corporate earnings have been relatively supportive ... if companies are still making money then that's going to keep the mood buoyant," said Fiona Cincotta, senior market analyst at City Index. Meanwhile, the United Arab ‌Emirates said it was under attack from Iranian missiles and drones, even as Washington said a shaky ceasefire was intact despite an exchange of fire the previous day as U.S. forces attempted to force open the Strait of Hormuz. "As long as the Middle East uncertainties continue and energy prices remain high, European stocks that are more cyclical by nature are more endangered than their U.S. peers," said Ipek Ozkardeskaya, senior market analyst at ‌Swissquote Bank. With oil prices holding comfortably above the $110 a barrel mark as the Strait remains choked, high oil prices are weighing on heavily energy-dependent Europe, stoking inflation fears and fuelling expectations of more than two rate hikes by the European Central Bank this ‌year. European equities have had a slow recovery, compared to Wall Street, with the STOXX 600 still down more than 3% from its pre-war February levels, while the S&P 500 has...

Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of the 8 Best AI Stocks to Buy According to Billionaire Ken Griffin. On April 16, 2026, CNBC reported that Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) and ASML reported solid earnings but saw shares dip, suggesting high market expectations. TSMC’s first-quarter profit jumped by 58%, above expectations and marking a fourth straight record quarter. CEO C.C. Wei cited “extremely robust” AI-driven demand. High-performance computing generated 61% of sales, up from 55% in the previous quarter, with gross margins reaching 66%. Shares fell nearly 3% on Thursday. On the other hand, ASML posted solid results and an improved forecast, but shares declined by as much as 6.5% before closing down about 2.5% lower, weighed down by China sales fears and lofty expectations. CEO Christophe Fouquet said that the potential output of EUVs in 2027 could reach 80 units depending on demand. Jordan Klein of Mizuho told CNBC that investors had already priced in excellent performance, bringing in a “fast-money rotation.” Smartphone revenue fell 11% quarter over quarter due to a memory scarcity. Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) manufactures and sells integrated circuits and wafer-based semiconductor devices. Its chips are used in personal computers and peripherals, information applications, wired and wireless communications systems, automobiles, and industrial equipment, as well as consumer devices such as cellphones, digital televisions, gaming consoles, and digital cameras. While we acknowledge the potential of TSM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 33 Stocks That Should Double in 3 Years and Cathie Wood 2026 Portfolio: 10 Best Stocks to Buy. Disclosure: None. Follow Insider Monkey on Google News.

Lam Research Corporation LRCX is likely to beat earnings estimates when it releases third-quarter fiscal 2026 results on April 22. The company expects revenues of $5.7 billion (+/- $300 million) for the quarter. The Zacks Consensus Estimate is pegged at $5.76 billion, indicating 21.9% growth from the figure reported in the year-ago quarter. Lam Research expects earnings of $1.35 (+/- 10 cents) per share for the third quarter. The consensus mark for third-quarter earnings has been revised upward by a penny to $1.36 per share over the past seven days, implying a 30.8% year-over-year increase. Image Source: Zacks Investment Research Lam Research has an impressive earnings surprise history. In the last reported quarter, it delivered an earnings surprise of 8.55%. The company’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 6.88%. Lam Research Corporation price-eps-surprise | Lam Research Corporation Quote Our proven model predicts an earnings beat for Lam Research this earnings season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat, which is exactly the case here. Earnings ESP of LRCX: Earnings ESP, which represents the difference between the Most Accurate Estimate ($1.38) and the Zacks Consensus Estimate ($1.36), is +1.58%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Lam Research’s Zacks Rank: LRCX presently carries a Zacks Rank #3. You can see the complete list of today’s Zacks #1 Rank stocks here. Lam Research has been riding on the wave of a strong rebound in the semiconductor industry, driven by the surging demand for memory and advanced AI applications. The rise in spending on artificial intelligence (AI) and machine learning, particularly with the growing influence of Generative AI, is likely to have provided a significant boost to the company's performance in the fiscal third quarter. The increasing need for advanced AI-centric chips has become a key growth catalyst. Heightened dynamic random access memory (DRAM) spending, especially in response to demand for high-bandwidth memory, is likely to have played in Lam Research's favor. The company's momentum in 3D DRAM and advanced packaging technologies is also expected to have added to its stro...

ASML Holding ASML posted first-quarter 2026 earnings of €7.15 per share, up 19.2% year over year. Converted to USD, ASML’s first-quarter 2026 earnings came at $8.37 per share, which beat the Zacks Consensus Estimates by 8.4%. ASML beat earnings estimates in two of the trailing four quarters, while missing twice, with the average negative surprise being 4.5%. Total net sales were €8.77 billion, which increased 13.2% from the year-ago quarter and came within the company’s prior outlook range. Converted to USD, ASML’s first-quarter 2026 revenues were $10.3 billion, which beat the Zacks Consensus Estimates by 0.5%. ASML’s Net system sales totaled €6.3 billion, supported by more than €4.1 billion from EUV systems, which included sales of two High-NA systems, and more than €2.1 billion from non-EUV systems. Demand was broadly balanced across customer categories. Management said net system sales were almost evenly split between Logic at 49% and Memory at 51%, highlighting the breadth of lithography demand across advanced nodes. In unit terms, ASML sold 79 lithography systems in the period, consisting of 67 new systems and 12 used systems, providing another indicator of steady shipment activity during the quarter. ASML Holding N.V. price-consensus-eps-surprise-chart | ASML Holding N.V. Quote Installed Base Management sales came in at €2.5 billion, slightly above guidance, underscoring steady service and upgrade activity tied to a growing installed base. Management pointed to a strengthening semiconductor growth outlook, supported by ongoing AI-related infrastructure investments. ASML said demand for chips is outpacing supply, pushing customers to accelerate capacity expansion plans for 2026 and beyond. On the earnings call, leadership highlighted that both Memory and Logic customers are increasing capital spending and moving faster on expansion, supported by long-term agreements with their own customers. Within Memory, management noted that many customers are effectively sold out for the remainder of the year and expect supply tightness to persist beyond 2026, even as they add significant capacity. Gross margin came in at 53%, and management attributed the outperformance versus the midpoint of guidance primarily to high-margin content within the installed base business. Operating discipline also remained evident as spending tracked expectations. Operating margin was...

The broad market exchange-traded fund SPDR S&P 500 ETF Trust (SPY) was up 0.1% and the actively trad

Three global leaders, Taiwan Semiconductor, ASML and ADRs of TIM near buy points ahead of earnings report in Monday's stock market.

The Nasdaq and S&P 500 fell Thursday as semiconductor stocks sold off following Nvidia's (NVDA) quar

US equity indexes fell in midday trading on Thursday as a sell-off in semiconductor firms hit techno