Yahoo Finance Intel, Qualcomm Stocks Drop After U.S. Revokes Licenses to Sell Chips to China’s Huawei
The Department of Commerce informs Intel that it is revoking certain licenses for exports of consumer-related items to a customer in China.
The Department of Commerce informs Intel that it is revoking certain licenses for exports of consumer-related items to a customer in China.
Aussies are relying on their tax returns to help cope with rising expenses. But they are being warned against rushing to lodge.
The RBA is under pressure to ignore calls for interest rate hikes and lay out the case for rate cuts, economist Stephen Koukoulas says.
Maddie Walton predicts there would be a 'massive uproar' if the Reserve Bank hikes rates again.
The increase of AI investment has continued to boost optimism over Nvidia's growth as the chipmaker continues its record-setting stock rally.
Normally, when Nvidia stock goes up, so does the market. That wasn't the case this past earnings season.
We recently published top 9 mining stock picks of billionaire John Paulson. Iamgold made it to the list. In this article we take a closer look at the stock. But first, let’s see what Paulson is up to these days. Billionaire John Paulson made a strong comeback last year after suffering heavy losses from his […]
According to a note from Canaccord, MicroStrategy, the enterprise software company, has seen its stock soar by nearly 1,100% since it embarked on a bold strategy to adopt Bitcoin as its primary treasury reserve asset in August 2020.
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
(Bloomberg) -- As OPEC+ prepares to review global oil markets, trouble is brewing in the group’s biggest customer.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 KilometersConocoPhillips to Acquire Marathon Oil in $17 Billion DealChinese oil refiners are cutting processing rates as flag
Wall Street is starting the holiday-shortened week in a muted mood as the wait for the Fed's favorite inflation data begins.
Amid concerns that simmering price pressures will delay much needed interest rate cuts, price pressures intensified in April to 3.6 per cent.
We recently did an analysis of the 12 Fastest Declining Industries by 2032. In this article, we will discuss a preview of the overall industry outlook and the fastest declining industry by 2032. The Employment Outlook Through a Historical Lens According to our list, most industries are expected to experience a decline in employment fall […]
(Bloomberg) -- PricewaterhouseCoopers LLP lost a handful of Chinese clients in May alone, adding to a list of more than a dozen firms its stopped auditing in the country in the last two years. Most Read from BloombergWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarWall Street Returns to T+1 Stock Trading After a Century‘Not Gonna Be Pretty:’ Covid-Era Homebuyers Face Huge Rate JumpNew BYD Hybrid Can Drive Non-Stop for More Than 2,000 KilometersTreasuries Hit as US Sales Struggle t
China's economy is set to grow 5% this year, after a "strong" first quarter, the IMF said on Wednesday, upgrading its earlier forecast of 4.6% expansion though it expects slower growth in the years ahead.
Store brands saw the biggest growth this year in deli, pet care and produce sales as Americans deal with rising prices
Insmed Incorporated (INSM) stock is skyrocketing as high as 110% in Tuesday's trading following positive results in the pharmaceutical company's study into treating chronic lung condition bronchiectasis. Market Domination Hosts Julie Hyman and Josh Lipton monitor Insmed's soaring stock price as it hopes to develop a range of use cases for a multitude of diseases. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
Chinese automaker BYD (1211.HK) has launched hybrid vehicles with a 1,300-mile driving range for $13,800. Yahoo Finance's Alexandra Canal and Seana Smith break down the company's latest move and position in a heated EV race. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Melanie Riehl
Texas Instruments (TXN) has received a $2.5 billion investment from Elliott Investment Management. However, Elliott's investment extends beyond just financial backing. The hedge fund has also employed a "dynamic capacity management strategy" to propel the semiconductor company toward achieving positive free cash flow by 2026. Yahoo Finance's Seana Smith and Madison Mills break down the details. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
GDANSK (Reuters) -Polish video game developer CD Projekt posted a bigger than expected 44% jump in first-quarter net profit on Tuesday, driven by higher game sales. Net profit reached 100.1 million zlotys ($25.6 million) compared with analyst expectations of 76 million zlotys. Sales revenue for the period rose 30% year over year to 226.8 million zlotys, mainly due to continued strong sales of Phantom Liberty, a feature expansion of the flagship game Cyberpunk 2077.
(Bloomberg) -- Insmed Inc. shares more than doubled after the company’s experimental drug reduced episodes of worsening symptoms in a final-stage study of patients with a rare lung condition. Most Read from BloombergWall Street Moves to Fastest Settlement of Trades in a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet Up TensionsCatering to the Ultra-Rich Is