ROST Up Against Difficult Quarterly Sales Comparison & Did AMAT Evade Export Curbs To China?

Ross Stores (ROST) and Applied Materials’ (AMAT) earnings were just released. ROST’s 3Q adjusted EPS came in at $1.33 versus an estimated $1.22 and its revenue came in at $4.90B versus an estimated $4.84B. AMAT’s 4Q adjusted EPS came in at $2.12 versus an estimated $1.98 and its revenue came in at $6.27B versus an estimated $6.25B. Nicole Petallides and Kevin Green weigh in on these earnings. They talk about how ROST is up against difficult quarterly sales comparison versus 2022 in 4Q. They also go over how the U.S. is probing AMAT for potentially evading export curbs to China. Tune in to find out more about the stock market today.