|Bid||557.00 x 1000|
|Ask||563.00 x 1400|
|Day's range||541.35 - 562.48|
|52-week range||509.55 - 895.93|
|Beta (5Y monthly)||1.05|
|PE ratio (TTM)||40.45|
|Forward dividend & yield||6.28 (1.15%)|
|Ex-dividend date||03 May 2022|
|1y target est||788.77|
Yahoo Finance’s Jared Blikre breaks down how markets opened on Monday.
ASML, a semiconductor industry and stock market giant, has to think smaller. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on computer chips used in everything from phones and laptops to cars and AI. It's now preparing to roll out a new $400 million machine for next-generation chips which it hopes will be its flagship by the late 2020s but for now remains an engineering challenge.
The stock market is having a forgettable 2022 so far thanks to multiple headwinds, such as the geopolitical instability in Europe, surging inflation, a contracting economy, and a hawkish Federal Reserve that has adopted an aggressive stance toward raising interest rates. Technology stocks have been hammered big time thanks to the factors discussed above, with the Nasdaq-100 Technology Sector index down a whopping 31% this year. The likes of Nvidia (NASDAQ: NVDA), ASML Holding (NASDAQ: ASML), and Twilio (NYSE: TWLO) are three such high-flying stocks that have crashed hard amid the sell-off.