Intel and AT&T report earnings on Thursday

Intel and AT&T report earnings on Thursday

2021-04-21 • Actualizada

The earnings season is hitting up! Follow Intel and AT&T on April 22, big moves are awaited!

Intel’s overview

Intel has kept its number 1 place in the semiconductor industry even amid the ongoing global chip shortage. However, the competition is hot and NVIDIA is stepping on the toes. Last week, NVIDIA announced the launch of a new data-center processor which can replace Intel's one. It’s believed that NVIDIA is on the way to dominate the chip sector. Thus, Intel is at risk to lose its value.

Let’s look at the stock from a technical perspective. It has been moving inside the ascending channel since the beginning of this year. However, yesterday it dropped out of it. If it breaks the recent low of $62.00, the way down to the key psychological mark of $60.00 will be open. On the flip side, if earnings are great, it may push the price back inside the channel and then to the high of April 15 at $65.00.

INTELDaily.png

AT&T’s overview

5G, Fiber, and HBO Max – are the three things that most impact AT&T these days. The company is expected to deliver strong year-over-year earnings due to the success of the HBO Max streaming platform. AT&T expects to attract 67 million to 70 million HBO Max subscribers by the end of 2021. Moreover, HBO Max has a higher-than-average price of $15 a month. As a result, it brings more revenue for the company, unlike its rivals.

Time to look at the chart! The stock has been moving inside the ascending channel since early February. Since it’s in a lower part of the channel, it has a higher potential to rise. If it breaks the psychological level of $30.00, the way up to the April high of $31.00 will be open. Support levels are the low of April 13 at $29.50 and the psychological mark of $29.00.

ATTDaily.png

Forecasts

Intel is expected to deliver $1.14 earnings per share and revenue of $17.78 billion on midnight from April 22 to April 23 by MetaTrader time (GMT+3).

AT&T is expected to deliver $0.7769 earnings per share and a revenue of $42.7 billion at 15:30 on April 22 MT time (GMT+3).

  • If one company’s data comes better than the forecast, the stock of this company will rise.
  • If one company’s data comes worse than the forecast, the stock of this company will drop.

Check the stock calendar! 

Don't know how to trade stocks? Here are some simple steps.

  1. First of all, be sure you’ve downloaded FBS Trader app or Metatrader 5. FBS allows you to trade stocks only through this software.
  2. Open an account in FBS Trader or the MT5 account in your personal area.
  3. Start trading!

                                                                                                  TRADE NOW

Similar

GameStop: ¿es sólo el comienzo?
GameStop: ¿es sólo el comienzo?

Parece que el drama reciente entre los usuarios de Reddit y los fondos de cobertura de Wall Street se ha enfriado desde el comienzo de esta semana

Últimas noticias

Depósito con sistemas de pago locales

Aviso de recopilación de datos

FBS mantiene un registro de tus datos para ejecutar este sitio web. Al presionar el botón "Aceptar", estás aceptando nuestra Política de Privacidad .

Callback

Un gerente le contactará pronto

Corregir número

Su solicitud ha sido aceptada

Un gerente le contactará pronto

La próxima solicitud de devolución de llamada para este número telefónico
estará disponible en

Si tienes algún problema urgente, contáctanos a través del
Chat en vivo

Error interno. Por favor, inténtelo nuevamente más tarde

¡No pierdas tu tiempo – mantente informado para ver cómo las NFP afectan al USD y gana!

Está utilizando una versión anterior de su navegador.

Actualícelo a la última versión o pruebe otro para una experiencia de trading más segura, cómoda y productiva.

Safari Chrome Firefox Opera