Western Digital Corp
Activist Elliott takes $2.5 billion stake in Texas Instruments, urges company to improve free cash flow
A Texas Instruments sign in Dallas, June 14, 2023. Katie Tarasov Elliott, the $65 billion hedge fund best known for its shareholder activism, has made a $2.5 billion investment in Texas Instruments and is urging the company to improve its free cash flow by adapting a less rigid plan for capital expenditures. In a 13-page […]
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Buyers are hoping Huge Tech earnings subsequent week could revive a flagging bull market
The Major Tech earnings subsequent 7 days could revive a flagging marketplace, or at minimum give buyers direction into in which stocks are likely from here. Subsequent week will spotlight the bulk of the Superb Seven names, which had a solid start out to the yr, but have been in a slump as of late. […]
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Stocks earning the largest moves premarket: Krispy Kreme, Cinemark, Western Electronic and much more
Test out the firms making headlines before the bell. Shockwave Health-related — The health care device stock rose 1.6% immediately after Johnson & Johnson announced it would obtain the business for $12.5 billion. The transaction would strengthen J & J’s portfolio of cardiovascular sickness therapy units. Krispy Kreme — Shares of the doughnut chain surged […]
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Shares earning the most significant moves midday: Micron Know-how, Cameco, MicroStrategy, Common Health and fitness Services and extra
Check out the firms producing headlines in midday trading. Micron Technological know-how — Shares jumped far more than 6% just after Lender of The us lifted its value concentrate on on the chipmaker. The Wall Street business expects desire for large-bandwidth memory technological know-how will increase to much more than $20 billion by 2027. Cameco […]
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Stocks producing the largest moves midday: Intel, Visa, Spirit Airways and more
Check out the corporations making headlines in midday trading. Capital One particular Monetary — Shares rose 4%, achieving a new 52-week significant. On Thursday, Funds One posted fourth-quarter earnings of $9.51 billion, while analysts polled by LSEG called for $9.46 billion. Spirit Airlines — Shares of the funds airline tumbled approximately 12% right after JetBlue […]
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Morgan Stanley names its top stock picks — and its ‘least favored’ — in a corner of the chip market
A “recovery narrative” has been actively playing out in a corner of the semiconductor current market this yr, according to Morgan Stanley. Which is the memory sector, which involves DRAM, or dynamic random access memory — a sort of semiconductor memory necessary for info-processing — and NAND, a different style of memory that stays feasible […]
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Stocks creating the most significant moves soon after several hours: Yum China, Western Digital, ZoomInfo and extra
In this article SBAC YUM WDC ANET LSCC RMBS MPWR Adhere to your favourite sharesGenerate Free of charge ACCOUNT Pedestrians wander previous Yum! Brand names Shanghai, China Bloomberg | Getty Check out out the businesses earning headlines in prolonged trading. Yum China — The restaurant franchiser’s shares fell 3.4% next its blended second-quarter final results. […]
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These U.S. shares have the most to shed — and gain — from China
Indications have emerged that the Chinese economic recovery is getting rid of momentum coming out of the pandemic, and if the damaging pattern proceeds, these U.S. businesses with high income exposure to the area could get damage. Goldman Sachs analyzed enterprise 10-K filings to ascertain the geographic profits exposure of each inventory in the S & […]
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Stocks making the biggest moves midday: Shake Shack, Charles Schwab, Activision Blizzard and more
People queuing outside Shake Shack in London. Latest Covid-19 lockdown slams UK business owners. SOPA Images | LightRocket | Getty Images Check out the companies making headlines in midday trading. Shake Shack — The fast food chain’s stock jumped more than 6% after the Wall Street Journal reported that activist investor Engaged Capital is planning […]
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Stocks making the biggest moves midday: Palantir, Novavax, Under Armour and more
A person poses in front of a banner featuring the logo of Palantir Technologies (PLTR) at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters Check out the companies making headlines in midday trading. Palantir – […]
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