Intel Corp
Op-ed: U.S. Democrats press Congress to pass China tech competition bill to create jobs and shore up supply chain
Sen. Sherrod Brown, D-Ohio, and Rep. Ro Khanna, D-Calif., both sponsored legislation that promises to invest billions of dollars in technology, strengthen the U.S. supply chain and make America’s tech sector competitive with China. They both sit on the conference committee charged with combining different versions of the bill, which separately passed the U.S. House […]
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Goldman’s ways to play deglobalization, onshoring trend fueled by pandemic and Ukraine war
Goldman Sachs strategists say companies that are reducing their global exposure or benefit from onshoring are outperforming so far this year. Source
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Reversing globalization could cause pain and profit for companies
Russia’s invasion of Ukraine has fast forwarded a shift away from globalization, and that will create challenges and opportunities for businesses and investors. Source
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Stocks making the biggest moves midday: JetBlue, Eli Lilly, Occidental Petroleum and more
A JetBlue passenger jet (Embraer 190) taxis at LaGuardia Airport in New York, New York. Robert Alexander | Archive Photos | Getty Images Check out the companies making headlines in midday trading Wednesday. JetBlue — Shares of JetBlue fell another 7.6% on Wednesday, as investors weighed the airline’s $3.6 billion cash takeover offer to take […]
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Stocks making the biggest moves premarket: Twitter, Spirit Airlines, Tilray and more
Check out the companies making headlines before the bell: Twitter (TWTR) – Twitter fell 1.5% in premarket trading, potentially breaking a three-day win streak that has seen it gain nearly 32%. Elon Musk – now Twitter’s largest shareholder – changed the type of SEC filing regarding his share purchase to show it was not “passive.” […]
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AMD falls 8% after Barclays downgrades stock, warns about PC, gaming markets
The road ahead for AMD may be a rocky one as some of the company’s key markets could see slowdowns, according to Barclays. Source
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Goldman says retail investors are buying this market dip. Here are their favorite stocks
The market may be in a sell-off, but retail investors are using the opportunity to buy the dip and boost their portfolios, Goldman Sachs says. Source
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‘MANGO:’ Bank of America thinks these chip stocks can do well despite investor concerns
Bank of America thinks these chip stocks can rally, even as investors grow increasingly concerned with rising inflation and ongoing supply chain bottlenecks. Source
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Chip industry under threat with neon production set to fall off a cliff following Russia’s invasion of Ukraine
An image of a semiconductor wafer. I-Hwa Cheng | Bloomberg | Getty Images Russia’s war in Ukraine could see the production of neon, a critical gas in advanced semiconductor manufacturing, fall to worryingly low levels at a time when the world is already grappling with a chip shortage. Neon is required for the lasers that […]
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Nvidia, Intel lead rally in chip stocks as optimism on economy boosts riskier assets
Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Semiconductor stocks rose on Thursday as investors regained their […]
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