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Senate advances more than  billion bill to boost U.S. semiconductor production
Technology

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
Business

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
Business

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
Technology

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
Technology

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
Technology

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
World

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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Wall Street believes these beaten-down global stocks are set for a rebound
World

Wall Street believes these beaten-down global stocks are set for a rebound

Few would have anticipated the steep losses in stock markets this year, after such a solid 2021. But the first half of 2022 has turned out to be something of a nightmare for many investors The MSCI World had its worst start to the year on record, while the S & P 500 ended the […]

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Stocks making the biggest moves midday: Micron, Kohl’s, Meta Platforms and more
Business

Stocks making the biggest moves midday: Micron, Kohl’s, Meta Platforms and more

Check out the companies making headlines in midday trading. Micron Technology – Shares of the chipmaker fell about 6% after the company issued disappointing fiscal fourth-quarter guidance and said weakening consumer demand will hurt smartphone sales. The warning pulled down other chip stocks, which were among the top decliners in the S&P 500. Western Digital and On […]

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Recruiters say the tech job market is still red-hot, despite isolated layoffs and cautious words from execs
Technology

Recruiters say the tech job market is still red-hot, despite isolated layoffs and cautious words from execs

A ‘We’re Hiring!’ sign is displayed at a Starbucks Mario Tama | Getty Images News | Getty Images Last week, senior product manager for Coinbase David Hong wrote on LinkedIn that he was up at 4am to prepare for a meeting when his company MacBook abruptly shut down. He later found out he was part […]

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