Air China Ltd. (AIRYY), Amplify Energy Corp. (AMPY), and Amerant Bancorp Inc. (AMTB) have been added to the Zacks Rank #5 (Strong Sell) List due to significant downward revisions in their earnings estimates. As of today, Air China’s earnings estimate for the current year has been revised down by 78.3%, Amplify Energy’s by 48.5%, and Amerant Bancorp’s by 7.6%, all over the past 60 days.
The global semiconductor market is projected to grow from $452 billion in 2021 to $803 billion by 2028, driven by increasing demand for artificial intelligence and machine learning technologies.
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