Skyworks Solutions (SWKS), Microchip Technology (MCHP), On Semiconductor (ON) and Cypress Semiconductor (CY) all pushed higher after releasing their quarterly results. Some beat estimates and others merely came in line, but they all gained on hopes that the worst of the industry’s slowdown has passed.
An ETF is an open-ended investment fund that is traded on the ASX – just like any share. ETFs aim to closely track the performance of a given index or asset class, so ETF investors can gain exposure to a range of investment strategies, geographic regions and asset classes, often at lower costs than a traditional fund manager. ETFs and can be bought as simply as buying a share on the ASX during the trading day. ETFs are also eligible to be bought inside Self-Managed Super Funds.
Starbucks Earnings Analysis: Our projections and insights on a new Chinese competitor, looking to take over.
Starbucks reported $6,633 million revenue and $1,016 million operating income in 1Q19. Starbucks has expanded to 3,684 stores in China (163 net new stores opened
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