Nvidia NVDA shares fell more than 2% on Wednesday as hotter-than-expected US inflation data triggered a broader market sell-off, adding to pressure on semiconductor stocks that have struggled throughout the…
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Memory stocks, including Micron Technology MU, SK Hynix and SanDisk, traded lower on Wednesday as hotter-than-expected US inflation and persisting concerns about Chinese semiconductor manufacturer CXMT pressured the sector. Micron…
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Intel and Advanced Micro Devices shares fell on Wednesday as semiconductor stocks extended their losing streak, with concerns about elevated valuations, rising financing costs and Chinese competition weighing on the…
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Netflix (NFLX) is laying off about 6% of its global workforce, or roughly 1,000 of its employees, adding another uncomfortable headline to its ongoing struggle with slowing growth. These job…
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Shares of Dell Technologies (DELL), Hewlett Packard Enterprise (HPE) and NetApp (NTAP) fell in trading on Wednesday after Barclays downgraded all three stocks, citing elevated valuations and a lack of…
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Influential investor Jim Cramer is sticking with Goldman Sachs (GS) and Wells Fargo (WFC) after their Q3 earnings prompted contrasting reactions on Wall Street. In the most recent Investing Club…
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Memory chip stocks, including Micron Technology, Samsung Electronics and SK Hynix, have been battered several times this year by reports of technological advances at China’s ChangXin Memory Technologies (CXMT). Investors…
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US stocks opened lower on Wednesday as September inflation data came in slightly hotter than expected, pushing Treasury yields higher and adding pressure to equity valuations. Investors also assessed quarterly…
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Kinder Morgan stock has rebounded this month, moving from a low of $29.48 on October 1 to the current $33.43. It has jumped to its highest level since May 20th,…
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Morgan Stanley (MS) shares are inching lower in premarket trading on October 14 despite posting market-beating Q3 earnings, highlighting the gap between delivering strong results and convincing investors that momentum…