Ambarella Stock Discussion

$Ambarella (AMBA.US)$ soared more than 25% after hours Tuesday after the semiconductor maker beat analyst estimates for its fiscal Q3 revenues and non-GAAP earnings.
AMBA rose 27.2% to $87.01 shortly before 4:30 p.m. ET after reporting $0.11 in a non-GAAP earnings per share for the three months ended Oct. 31. That's better than the $0.04 that analysts had reportedly expected.
Revenues came in at $82.7 million, beating analyst...

$Ambarella (AMBA.US)$
This thing is taking off.

$Ambarella (AMBA.US)$ Ambarella, Inc. Announces Second Quarter Fiscal Year 2025 Financial Results
August 27, 2024 —Santa Clara, Calif. – Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced financial results for its second quarter of fiscal year 2025 ended July 31, 2024.
 
 • Revenue for the second quarter of fiscal 2025 was $63.7 million, up 3% from $62.1 million in the same period in fiscal 2024. For the six months ended July 31, 2024, revenue w...

Stocks traded volatilely Friday as Wall Street marked May's final market day, but the main indexes ended the session higher as investors moved their focus off of tech and into other sectors.
The S&P 500 fell nearly 1% earlier the session due to a tech-sector selloff, but then rebounded -- ultimately allowing the index to end May with its best monthly gain since February.
The $S&P 500 Index (.SPX.US)$ rose 0....

Morning Movers
Gapping up
$Gap Inc (GPS.US)$ stock surged 23% as the clothing retailer increased its full-year sales outlook, signaling that its turnaround efforts may be gaining traction.
$Zscaler (ZS.US)$ stock climbed 15% following the cloud security company's report of robust quarterly earnings and an upward revision of its guidance.
$Ambarella (AMBA.US)$ stock soared 20% after the chip designer posted a smaller-than-expected ...

Morning Movers
Gapping up
$Tesla (TSLA.US)$ stock rose 0.3% after Chief Executive Elon Musk said the electric vehicle manufacturer had completed production design on a long-planned update to its Roadster electric sportscar, adding that it was likely to ship starting next year.
$TJX Companies (TJX.US)$ stock rose 1.4% after the retailer topped market expectations for fourth-quarter sales on Wednesday as shoppers flocked to its T...