NVIDIA Corp
Microsoft and Alphabet earnings are signaling one thing: A lot of bad news has been priced in
Well, that covers just about … everything. Microsoft earnings release cited a litany of issues: unfavorable foreign exchange, extended productions shutdown in China, a deteriorating PC market in June, reductions in advertising spending and scaling down Russian operations. It left out frogs, boils, locusts, lice and hail, so the press release does not quite rise to […]
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Two European satellite companies are combining in a $3.4 billion deal to rival Elon Musk’s SpaceX
OneWeb, which emerged from bankruptcy in 2020, is hoping the combination with Eutelsat will help turn its fortunes around. Jody Amiet | AFP via Getty Images U.K. satellite operator OneWeb plans to join forces with European rival Eutelsat in a deal the two companies hope will help them take on Elon Musk’s SpaceX. Eutelsat will […]
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A new way to short Tesla: AXS Investments launches new single-stock ETFs
Investors have a new way to make bullish and bearish bets on large-cap stocks. AXS Investments launched eight of 18 approved single-stock leveraged ETFs this month. The funds aim to increase exposure of short-term single-stock investments. “They’re designed for active traders, traders that are looking to make tactical trading decisions on a daily basis,” the […]
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Senate advances more than $50 billion bill to boost U.S. semiconductor production
Sefa Ozel | E+ | Getty Images The Senate voted to advance a slimmed-down version of its bill designed to boost U.S. semiconductor competition with China. The bill cleared a key procedural hurdle Tuesday evening in a 64-34 vote even as lawmakers worked to finish various sections of the legislation. The bill, which would provide about […]
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Stocks making the biggest moves midday: IBM, Boeing, Hasbro, Ford & more
IBM CEO Arvind Krishna appears at a panel session at the World Economic Forum in Davos, Switzerland, on May 24, 2022. Hollie Adams | Bloomberg | Getty Images Check out the companies making headlines in midday trading Tuesday. IBM – Shares of IBM slipped 5.25% after the tech company warned of a potential $3.5 billion […]
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These are 10 of the best-performing stocks since Jim Cramer’s ‘Mad Money’ debuted on TV
Jim Cramer Scott Mlyn | CNBC With “Mad Money” relocating to the New York Stock Exchange floor, Jim Cramer on Monday looked back at some of the best-performing stocks since his show debuted on CNBC more than 17 years ago. Here is a quick overview of the criteria used to compile the list: The stock […]
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U.S. chip industry split over CHIPS act benefits to Intel
Intel Pentium CPU photographed after Intel revealed information about major flow in the chipsets. JP Black | LightRocket | Getty Images Several U.S. semiconductor firms are deliberating whether to oppose a package of chip industry subsidies if the final language of the legislation awaiting a vote in the Senate disproportionately benefits manufacturers like Intel, sources […]
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Here are Friday’s biggest analyst calls of the day: McDonald’s, Netflix, Amazon, Nvidia, Visa & more
Here are Friday’s biggest calls on Wall Street: Edward Jones upgrades Qualcomm to buy from hold Edward Jones said it sees an “attractive” buying opportunity in Qualcomm. “We are upgrading Qualcomm to a Buy from a Hold because we believe the stock does not fully reflect our growth outlook.” Read more about this call here. […]
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Computer chips face toilet paper hoarding moment as shortage turns to glut
Micron Technology’s hard drive for data center customers is presented at a product launch event in San Francisco, October 24, 2019. Stephen Nellis | Reuters A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. All that suddenly changed over […]
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Tech stocks could have a sustained rally after Thursday’s bounce, Jim Cramer says
CNBC’s Jim Cramer said that the rally in tech stocks Thursday could spark a longer-term recovery, as the beaten-down names struggle to stay afloat in a seesawing market. “You need to recognize that tech could have more than just a temporary bounce, at least if you’re looking at companies that provide new life to the […]
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