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What happened: Taiwan Semiconductor Manufacturing (TSM) stock moved 4% lower in premarket trading on Thursday. What's behind the move: The world's largest semiconductor manufacturer posted record seοΏ½...
What happened: PayPal stock (PYPL) jumped 14% on Wednesday. What's behind the move: Payments company Stripe and private equity firm Advent International have reportedly made an offer to acquire PayPοΏ½...
Gasoline is expected to climb to the $4-per-gallon mark again as surging oil prices and shrinking refining capacity hit supply. Prices at the pump hovered at $3.87 per gallon on Monday, roughly $0.0οΏ½...
SK Hynix (000660.KS)Β said it will aim to raise roughly $28 billion in a US IPO, seeking to tap into global investors' appetite for AI winners. The South Korea-based memory chip manufacturer said tha...
The stock market's performance last quarter has set Wall Street expectations for further gains in the second half of the year. "I think there's just more to be excited about than there is to be nervοΏ½...
Just as investors grew jittery over lofty valuations, Micron (MU) delivered the blockbuster outlook needed to keep the AI rally alive. But while chipmakers celebrate soaring hardware prices, the resοΏ½...
What happened:Β Memory and storage stocks rallied on Thursday. Shares of Sandisk (SNDK) and Western Digital (WDC) gained 21% and 4%, respectively, while chipmaker Qualcomm (QCOM) and machine manufactu...
What happened: International courier service FedEx (FDX) stock sank 5% in post-market trading on Tuesday. What's behind the move: FedEx fiscal fourth quarter adjusted earnings came in at $6.31 per sοΏ½...
What happened: GameStop (GME) stock pared losses to drop 2% on Tuesday. Whats behind the move: Online marketplace eBay (EBAY) rejected the video game retailers unsolicited $56 billion bid. In a lettοΏ½...
GameStop (GME) has offered $56 billion in cash and stock to buy (EBAY). But an interview with CEO Ryan Cohen on the math surrounding the deal raised more questions than answers. GameStop is roughly οΏ½...
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