Bank of America thinks these chip stocks can rally, even as investors grow increasingly concerned with rising inflation and ongoing supply chain bottlenecks.
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‘MANGO:’ Bank of America thinks these chip stocks can do well despite investor concerns
Technology
Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Alphabet CEO Sundar Pichai speaks at a Google I/O event in Mountain View, Calif., Tuesday, May 20, 2025. Jeff Chiu | AP Perplexity AI’s bid on Tuesday to buy Google’s Chrome browser for $34.5 billion represents a dramatic moment for the internet search giant, a week before it celebrates the 20th anniversary of its IPO. […]
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Technology
Cisco reports narrow earnings beat, issues inline forecast for the year
Cisco CEO Chuck Robbins speaks at the Business Roundtable CEO Workforce Forum in Washington on June 17, 2025. Al Drago | Bloomberg | Getty Images CIsco reported results on Wednesday that narrowly exceeded analysts’ expectations and issued quarterly guidance that was also better than expected. The stock slipped in extended trading. Here’s how the company […]
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Technology
CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration
CoreWeave‘s stock dropped 14% after the renter of artificial intelligence data centers reported a bigger-than-expected loss. In its second quarterly financial results as a public company, CoreWeave reported an adjusted loss of 27 cents per share, compared to a 21-cent loss per share expected by analysts polled by LSEG. CoreWeave’s results came as the lock-up […]
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