Advertisement
Canada markets closed
  • S&P/TSX

    21,947.41
    +124.21 (+0.57%)
     
  • S&P 500

    5,127.79
    +63.59 (+1.26%)
     
  • DOW

    38,675.68
    +449.98 (+1.18%)
     
  • CAD/USD

    0.7310
    -0.0004 (-0.05%)
     
  • CRUDE OIL

    77.99
    -0.12 (-0.15%)
     
  • Bitcoin CAD

    87,276.36
    -141.50 (-0.16%)
     
  • CMC Crypto 200

    1,312.63
    +35.65 (+2.79%)
     
  • GOLD FUTURES

    2,310.10
    +1.50 (+0.06%)
     
  • RUSSELL 2000

    2,035.72
    +19.61 (+0.97%)
     
  • 10-Yr Bond

    4.5000
    -0.0710 (-1.55%)
     
  • NASDAQ

    16,156.33
    +315.33 (+1.99%)
     
  • VOLATILITY

    13.49
    -1.19 (-8.11%)
     
  • FTSE

    8,213.49
    +41.34 (+0.51%)
     
  • NIKKEI 225

    38,236.07
    -38.03 (-0.10%)
     
  • CAD/EUR

    0.6787
    -0.0030 (-0.44%)
     

Texas Instruments stock pops on Q2 revenue outlook

Texas Instruments (TXN) posted first quarter results that topped Wall Street estimates, but it's the company's second quarter revenue outlook that has shares jumping Wednesday morning. The semiconductor company is forecasting revenue of $3.65 billion to $3.95 billion in the second quarter, which is better than the estimate of $3.78 billion.

Yahoo Finance's Brad Smith and Seana Smith recap Texas Instruments results in the video above.

For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.

This post was written by Stephanie Mikulich.