Trefis Top 5 – May 2 Insights (MGM, AMD, NTAP, AKAM, DTV)
Today at Trefis, we wrote about Advanced Micro Devices’ (NYSE:AMD) outlook given strong reported numbers for its notebook focused Brazos platform, and we initiated on MGM Resorts International (NYSE:MGM). We highlighted that NetApp’s (NASDAQ:NTAP) Engenio acquisition will provide it with a market share boost, and we discuss Akamai’s (NASDAQ:AKAM) earnings miss and guidance that led its shares to slump last week. Finally, we take a peek at what DirecTV’s (NASDAQ:DTV) earnings could have in store later this week.
Encouraging Outlook for AMD in Notebooks
An interesting note from Advanced Micro Devices’ (NYSE:AMD) first quarter earnings release was the success of the company’s Brazos platform. Management noted that its Brazos processors are seeing very encouraging customer adoption. AMD competes with Intel (NASDAQ:INTC) and Nvidia (NASDAQ:NVDA) in microprocessor and graphics business.
- A Strong Vegas Business And Recovery In Macau Will Drive MGM’s Q2 Results
- What’s Happening With MGM Resorts Stock?
- Up 16% Over The Past Month, What’s Next For MGM Stock?
- With A Strong Vegas Business And A Possible Recovery In Macau, What’s Next For MGM Stock?
- What’s Next For MGM Resorts After A Strong Q2?
- What’s Happening With MGM Resorts Stock?
NetApp’s Engenio Acquisition Should Lift Market Share
NetApp (NASDAQ:NTAP) acquired LSI Corp’s Engenio external storage system business for $480 million in March. NetApp, which is the third largest vendor of external data storage systems in the world after EMC (NYSE:EMC) and IBM (NYSE:IBM), said the acquisition will help it win business in the rapidly growing bandwidth intensive video and high-performance computing markets.
Akamai Falls on Outlook, Revising Estimates
Akamai (NASDAQ:AKAM) recently released its Q1 earnings and based on its outlook for the year, we have updated our price estimate to $35 .07, which is now slightly above the market price. Below we discuss more as to what is happening. Akamai competes against other content deliver network players like Limelight Networks (NASDAQ:LLNW), Akamai competes with other players like InterNAP Network Services (NASDAQ:INAP) and Level 3 (NASDAQ:LVLT).
Coverage Launch on MGM Resorts International – $12.88 Trefis Price Estimate
MGM Resorts International (NYSE:MGM) owns and operates casino resorts that feature hotel, dining, and entertainment amenities in addition to gaming. The company’s main competitors include other large gaming companies like Wynn Resorts (NASDAQ:WYNN), Las Vegas Sands (NYSE:LVS), Boyd Gaming (NYSE:BYD) and Harrah’s.
DirecTV’s Earnings Around The Corner – What To Look For
DirecTV (NASDAQ:DTV) is scheduled to report its Q1 2011 earnings on May 5th. Here we take a look at key trends affecting DirecTV ahead of the earnings release – U.S. subscriber additions and growth in Latin America. DirecTV is the largest satellite pay TV provider in the U.S., ahead of its closest competitor Dish Network (NASDAQ:DISH). Its other competitors include cable service providers like Comcast (NASDAQ:CMCSA) and Time Warner Cable (NYSE:TWC) and telecoms like AT&T (NYSE:T) and Verizon (NYSE:VZ).