These stocks rose as much as 12% after inflation calmed down

These stocks rose as much as 12% after inflation calmed down

Amid the euphoria that followed what appeared to be the first sign of slowing inflation, stocks saw a broad rebound on August 10, with dozens of big stocks gaining 5% or more. Those names included many of the tech names that investors loved during the early stages of the coronavirus pandemic, along with cruise lines, … Read more

These stocks rose as much as 12% after inflation calmed down

Amid the euphoria that followed what appeared to be the first sign of slowing inflation, stocks saw a broad rebound on August 10, with dozens of big stocks gaining 5% or more. Those names included many of the tech names that investors loved during the early stages of the coronavirus pandemic, along with cruise lines, … Read more

Opinion: Here’s a big concern with chip makers who score billions in cash from Uncle Sam

On the day Congress finally approved a long-awaited funding package for US homegrown chip production, Intel Corp. It cut $4 billion from its spending plans while detailing disappointing earnings who – which One analyst called it “the worst we’ve seen in our careers.” Tuesday, when President Biden signed this into law With Micron Technology MU, … Read more

Why are gas prices dropping? National average is below $4 a gallon for the first time since March: GasBuddy

Filling a gas pump can be a painful pocket-sized experience, but the damage appears to be wearing off by the day, with the US national average price dropping below $4 a gallon on Tuesday for the first time since March, according to a tracking service. The average price fell to $3.99 on Tuesday, according to … Read more

Micron stock falls as company issues revenue warning amid ‘challenging’ memory chip conditions

Shares of Micron Technology Inc fell more than 5% in morning trading on Tuesday after the memory chip producer said it expected to be affected by “challenging” market conditions. Prior to the investor presentation, Micron MU, -3.74% Executives disclosed in a filing that they expect revenue for the company’s fiscal fourth quarter, which ends in … Read more

What Caused Nvidia Deficiency? Game enthusiasts or cryptocurrency mining?

font size Nvidia has been hit hard by waning pandemic-era demand for gaming graphics cards. Justin Sullivan / Getty Images nvidia warned that The shortage in the gaming sector Revenues will hinder second-quarter results. Analysts are left wondering how much more to blame for lower demand from players, compared to crypto miners. The company said … Read more

10 stocks that should shine in a 2023 recession: Citi

As the threat of recession approaches, City The group has produced a screen of 30 stocks to help investors find opportunities during the second half of 2022. Stocks have rebounded in recent weeks with major indexes rising in double digits from their June lows. The Standard & Poor’s 500 It’s up about 10% since the … Read more

Bank of America, Disney, and Uber all look like bargains

2022 has been sold in the stock market A bullish turn lately, with major indexes rising in double digits from their June lows. Whether it’s just a rally in a bear market or the beginning of a permanent shift in performance, it won’t be clear until it’s too late. Either way, the dips created a … Read more

Nvidia stock collapses after the company said revenue fell way shy of expectations

Nvidia Corp shares fell more than 5% in morning trading Monday after the semiconductor company revealed that it expects to fall short of revenue forecasts for the fourth quarter, largely due to weak gaming. The company expects fiscal second-quarter revenue to come in at $6.7 billion, up from $6.5 billion a year earlier, while analysts … Read more

General Electric builds the electricity grid of the future. This is what we found on tour.

font size GE wants to be a player in the electricity grid of the future. This will benefit Vernova’s upcoming business. Brandon Bell / Getty Images Niskayona, N. j-in General Electric ‘s A sprawling research center here, you’ll find the two Nobel prizes I won GE Scholars, Thomas Edison’s Office, and Current Research That Can … Read more