Xilinx to be bought by AMD
AMD and Xilinx shares rose after Chinese regulators gave preliminary approval to the purchase deal announced more than a year ago.
Advanced Micro Devices (AMD) and Xilinx (XLNX) shareholders received positi...
Schedule for the week
Stocks were very volatile last week and market analysts are predicting a further "transitional period".
The S&P 500, Dow Jones ended last week up 0.77%, 1.34% and the Nasdaq Composite was virtually unchanged, market volati...
Class A shares for the week
Shares in ACV Auctions Inc. (ACVA) is class A closed this week 22.6% lower than at the end of last week. The stock is now down 34.6% YTD, down 60.6% over the past 12 months and down 60.6% over the past five years.
Howeve...
The clothing and footwear manufacturer has reported
VF Corp. (VFC) today reported solid financial results for the third quarter of financial year 2022. However, despite the challenging economic ...
US stock indices on Friday
The Dow Jones Industrial Average fell more than 178 points, or 0.5 per cent, while the S&P 500 and Nasdaq Composite fell 0.6 per cent and 0.3 per cent respectively.
Caterpillar shares fell after it noted that obstacle...
Company report
Colgate-Palmolive released its fourth-quarter results on Friday, which beat analysts' estimates. However, the earnings figure fell short of forecasts.
The company reported earnings per share of $0.7...
Quarterly report
According to Apple's report, which was released on Thursday 01/27/22, Apple's revenue for the past quarter was up 11% year-on-year to almost $124 billion, setting a new record.
For the three-month reporting period ending December 2...
All about the Intel report
Intel (INTC) shares fell despite the chipmaker's 2021 earnings report beating market analysts' forecasts. Intel announced the launch of sales of a new server chip in the current quarter as well as plans to invest in new pl...
Report from the electric car maker
Tesla (TSLA) has expectedly beaten market analysts' forecasts for both profits and revenues thanks to record sales of electric vehicles. However, Tesla's supply chain problems will prevent it from introducing new m...
Fine for Intel
Intel Corporation (NASDAQ:INTC) has challenged a $1.2bn fine handed down by the European Commission in 2009 in a case to force rival AMD (NASDAQ:AMD) out of the processor market. This was reported by Bloo...
US stock futures
Stocks have fluctuated this week amid heightened focus on the Fed meeting and whether the US central bank will clarify how quickly it plans to tighten credit and potentially slow the economy. Some on Wall Street fear that the Fed co...
Microsoft report
Microsoft Corporation's revenues reached $51.7 billion for the quarter ended December 31, 2021, up 20 percent from the same period the year before. The data released by the company's press office on Tuesday showe...
Truck manufacturer's report
PACCAR released its fourth-quarter results on Tuesday, which beat analysts' estimates. The earnings figure exceeded forecasts.
PACCAR, which is owned by Zacks Automotive Domestic Industry, reported re...
Nvidia and ARM
Nvidia Corporation (NASDAQ:NVDA) is preparing to back out of buying UK chip developer Arm from SoftBank Group (T:9984) amid problems with regulatory approval of the deal, Bloomberg writes citing sources.
According...
Stock indices on Tuesday
US stock indices will open lower, which could be another volatile session for investors after Monday's strong swings. Nasdaq Composite futures are down 2%, while S&P 500 and Dow Jones futures are down about 0.7%.
On Tue...
Stocks and Futures
Futures tracking the Nasdaq 100 index fell on Friday after a weak forecast from streaming giant Netflix sent its shares and rival securities tumbling, while major Wall Street index...
Revamped characters
US company Mars will update the look of the characters used in its M&M's chocolate advertisements, making them more modern and inclusive. A statement to this effect has b...
Luminar on the stock exchange
Shares in US lidar maker Luminar Technologies jumped 16% to $15.63 a share in early trading on the back of its partnership with Mercedes-Benz. NASDAQ trading data showed this.
According to a press releas...
Company report
Union Pacific (UP) today reported fourth-quarter results that beat analysts' estimates. The earnings figure exceeded forecasts.
The company reported earnings per share of $2.66 and revenues of $5.73B. However, analysts had projected ...
Top banks
JPMorgan Chase (JPM), Goldman Sachs (GS), Bank of America (BAC) and Citigroup (C) are on the list of banks that made the most money from IPOs, initial public offerings, in 2021. Market analysts say that will change in 2022.
The latest fin...
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