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Today is Friday, November 14, 2025.
The Early Bird Index today is 79.46.
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Applied Materials Sales Drop 📉
Despite posting good financial earnings results on Thursday, Applied Materials $AMAT ( ▼ 3.25% ) fell 4.54% in after-hours trading.
Financials: Applied Materials reported earnings of $2.17 per share in the past quarter, which were better than expected.
Quote: “Based on our conversations with our customers and partners, we are preparing Applied’s operations and service organizations to be ready to support higher demand beginning in the second half of calendar 2026.” - CFO Brice Hill.
Powering the Story: The problem was that revenue was $6.8 billion, which is 3% lower than the same period last year. In fact, the earnings were down 6%. The operating margin also decreased.
Early Bird’s Nest Egg Gains: Applied Materials' recent revenue decline is primarily due to two factors: softness in the Chinese market driven by government policy and export restrictions, and uneven demand from leading-edge semiconductor customers whose spending is cyclical.
Is this a long-term problem? Most see the recent decline as temporary and cyclical rather than a lasting structural issue.
The company expects demand for advanced chipmaking equipment to strengthen in 2026 and beyond as supply chains normalize and new fabs ramp up.
Final Thoughts: These results were a disappointment for Applied Materials. The stock had been up 36% this year.
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Notables
Notable Earnings Today: Scholar Rock (Nasdaq: SRRK), Spire (NYSE: SR), Gauzy (Nasdaq: GAUZ), LM Funding America (Nasdaq: LMFA), P3 Health Partners (Nasdaq: PIII), Twist Bioscience (Nasdaq: TWST).
Notable IPOs Today: Regentis Biomaterials Ltd. (NYSE American: RGNT)..
Notable Equity Crowdfunding Campaigns Ending Today: N/A.
Notable Economic Events Today: Producer Price Index (8:30 a.m. ET), Retail Sales (8:30 a.m. ET), Business Inventories (10:00 a.m. ET).
Netflix Eyes Warner Bros. Discovery
The saga regarding the future of Warner Bros. Discovery $WBD ( ▼ 0.23% ) took another turn on Thursday, with a new report causing the stock to jump 3.52% in after-hours trading.
Details: The Wall Street Journal reported that Netflix $NFLX ( ▼ 0.28% ), Comcast $CMCSA ( ▲ 0.29% ), and Paramount Skydance $PSKY ( ▼ 1.29% ) are preparing bids for Warner Bros. Discovery. The report also said that there’s a November 20 deadline to submit nonbinding first-round bids.
Furthermore, Netflix and Comcast are reportedly more interested in buying the company’s movie and television studios rather than its cable network holdings. Paramount Skydance wants to buy the entire company.
Final Thoughts: Warner Bros. Discovery is up over 100% this year thanks to all of the previous bids Paramount Skydance has made.
Ethereum’s Rough Thursday
It was a bad Thursday for Ethereum $ETH.X ( ▼ 9.83% ). The price of the second-most popular cryptocurrency declined by about 6%.
Final Thoughts: Ethereum has now given up all of its gains since the middle of July.
Trends to Watch
Anything Could Happen: Fed Doubts Grow Over December Rate Cut With Kashkari on Fence (Bloomberg)
The Strike Ends: Boeing defense workers approve new contract, ending more than 3-month strike (CNBC)
Large Layoff: Verizon to cut up to 20,000 jobs in one of the largest tech layoffs ever (San Francisco Chronicle)
Crypto IPO: Bitcoin, Ethereum ETF Operator Grayscale Files to Go Public in US (Decrypt)
Solana Decline: Solana Slides 5% to $145 as Technical Breakdown Overshadows ETF Momentum (CoinDesk)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations, and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.
