The Latest Breaking News from Applied Materials

A whale with a lot of money to spend has taken a noticeably bearish stance on Applied Materials. Looking at options history for Applied Materials (NASDAQ:AMAT) we detected 37 strange trades.

Someone with a lot of money to spend has taken a bullish stance on Applied Materials (NASDAQ:AMAT). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Applied Materials (NASDAQ:AMAT) has outperformed the market over the past 5 years by 8.36% on an annualized basis producing an average annual return of 18.27%. Currently, Applied Materials has a market capitalization of $84.32 billion.

Applied Materials's (NASDAQ:AMAT) short percent of float has fallen 4.17% since its last report. The company recently reported that it has 11.95 million shares sold short, which is 1.38% of all regular shares that are available for trading.

Applied Materials, Inc. (NASDAQ: AMAT) shares, among several other companies in the broader technology and semiconductor sectors, are trading lower by 7.16% to $90.44 Thursday afternoon amid overall market weakness.

Applied Materials, Inc. (NASDAQ: AMAT) shares are trading lower by 3.89% to $103.06. Shares of technology and software companies are trading lower amid an overall market selloff following worse-than-expected US May inflation data.

Applied Materials (NASDAQ:AMAT) has outperformed the market over the past 15 years by 5.6% on an annualized basis producing an average annual return of 12.42%. Currently, Applied Materials has a market capitalization of $97.83 billion.

A whale with a lot of money to spend has taken a noticeably bearish stance on Applied Materials. Looking at options history for Applied Materials (NASDAQ:AMAT) we detected 10 strange trades.

Applied Materials's (NASDAQ:AMAT) short percent of float has risen 56.04% since its last report. The company recently reported that it has 12.48 million shares sold short, which is 1.42% of all regular shares that are available for trading.

Citi hosted meetings at NVIDIA Corp (NASDAQ:NVDA), Applied Materials, Inc (NASDAQ:AMAT), and Marvell Technology, Inc (NASDAQ:MRVL) as part of the Annual Silicon Valley Tech Bus Tour.  Marvell confirmed a lack of slowdown in cloud data center demand and a disproportionate amount of growth or 50%+ coming from new product cycles.  Applied Materials looked to benefit from…

Applied Materials (NASDAQ:AMAT) has outperformed the market over the past 20 years by 1.49% on an annualized basis producing an average annual return of 8.19%. Currently, Applied Materials has a market capitalization of $94.59 billion.