Why Intel, AMD and Broadcom are falling on Friday?
Shares of Intel, Advanced Micro Devices AMD and Broadcom fell sharply on Friday as investors reassessed semiconductor demand following a dismal forecast from Intel. The retreat was led by Intel…
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Category: Stock
Apple stock rises as new macbook launch draws analyst support
Apple stock AAPL gained 1.66% on Thursday, outperforming broader US markets as investors assessed the company’s latest hardware announcements and analysts’ views on its growth prospects. The Nasdaq Composite fell…
Caterpillar stock sinks after earnings: here’s the case for buying
Caterpillar (CAT) shares opened notably lower on Thursday even though the industrial equipment giant reported better-than-expected earnings for its fiscal Q3. Investors wanted more confidence that Caterpillar Inc could sustain…
DoorDash to acquire Instacart in $17B deal as it expands grocery delivery business
DoorDash has agreed to acquire Instacart in a deal valued at about $17 billion, marking its biggest acquisition as the food delivery company looks to expand its presence in the…
Wendy’s stock surges on Peltz bid: is there any upside left?
Wendy’s (WEN) shareholders have a takeover premium to weigh against a difficult turnaround. Shares soared over 15% this morning after Nelson Peltz’s Trian Fund Management led a roughly $1.4 billion…
Vertiv stock soars on earnings: is the comeback finally here?
Vertiv (VRT) gave investors a reason to reconsider its battered stock on Wednesday: evidence that the AI infrastructure boom is translating into stronger business performance. Shares jumped nearly 20% on…
Robinhood stock is slipping after earnings: top reasons to buy the dip
Robinhood Markets (HOOD) stock fell to its lowest level since August after the company released earnings showing that crypto revenue continued to decline. The shares dropped to $89.20, roughly 30%…
These 3 stocks could rally after the Fed decision
The US Federal Reserve announces its next interest-rate decision on Wednesday at 2 p.m. Eastern, following its two-day policy meeting. Expectations favour a pause: 94 of 100 economists in Reuters’…
Why is AMD stock gaining 4% today?
AMD stock rose on Tuesday after the chipmaker announced a $1 billion investment in Meta’s equity offering alongside an expansion of their partnership to develop computing infrastructure for artificial intelligence…