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US Tech Embargo Has Pushed Beijing for Self-Sufficiency, Drives Local Chip Equipment Firms to Double Profits
Monday, July 17, 2023 - 8:06am | 440Chinese chip equipment makers Advanced Micro-Fabrication Equipment Inc, and Naura Technology Group Co, expect a doubling in profits after the U.S. tech embargo forced manufacturers to seek domestic alternatives. Advanced Micro-Fab said net income for the first half likely grew 110...
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Netflix To Rally More Than 11%? Here Are 10 Other Analyst Forecasts For Thursday
Thursday, July 13, 2023 - 7:59am | 547Mizuho boosted the price target for Gulfport Energy Corporation (NYSE: GPOR) from $115 to $125. Mizuho analyst Nitin Kumar maintained a Buy rating. Gulfport Energy shares rose 0.2% to $105.75 in pre-market trading. B of A Securities boosted Uber Technologies, Inc. (NYSE: UBER) price target...
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Why Lucid Group Shares Are Trading Lower By 11%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Wednesday, July 12, 2023 - 12:53pm | 1503Gainers Healthcare Triangle, Inc. (NASDAQ: HCTI) shares climbed 171.2% to $8.84 as the company launched initiative to prevent ransomware attacks in the $35 billion healthcare data market. Ault Alliance, Inc. (NYSE: AULT) gained 73.3% to $5.72 after the company said it anticipates $200 million in...
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Why LivePerson Shares Are Rocketing Today
Wednesday, July 12, 2023 - 10:44am | 314LivePerson Inc (NASDAQ: LPSN) shares are trading higher by over 30% after it announced the departure of the Chief Executive Officer, Robert LoCascio, effective December 31, 2023. The company is currently searching for a new CEO. LoCascio will also resign from the board, and...
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Why 1847 Holdings Shares Are Trading Lower By Around 31%? Here Are Other Stocks Moving In Wednesday's Mid-Day Session
Wednesday, July 5, 2023 - 1:28pm | 1518Gainers Allarity Therapeutics, Inc. (NASDAQ: ALLR) shares surged 87% to $11.78 after the company said the initial data from Phase 2 trial of Ixempra shows potential for improved clinical benefit in DRP-selected metastatic breast cancer patients. iMedia Brands, Inc. (NASDAQ: IMBI) shares climbed 85...
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Microchip Expands Its Presence In India With $300M Multi-Year Investment
Monday, July 3, 2023 - 11:35am | 184Microchip Technology Inc. (NASDAQ: MCHP) announced a multi-year investment of $300 million to expand its operations in India. "Microchip is making a significant strategic commitment to growing our operations in India, whose meteoric growth has established it as one of the top...
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The Best-Performing REITs Of The First Half Of 2023
Friday, June 30, 2023 - 10:08am | 1281As the first half of 2023 comes to an end, it’s been a clearly challenging time for stocks, and real estate investment trusts (REITs) in particular, with Federal Reserve rate hikes and hints of recession to come. More than half of all REITs have had negative total returns so far. But some...
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Littelfuse Acquires 200mm Wafer Fab In Germany For €93M
Wednesday, June 28, 2023 - 9:51am | 267Littelfuse, Inc. (NASDAQ: LFUS) has agreed to acquire a 200mm wafer fab in Dortmund, Germany, from Elmos Semiconductor SE for ~ €93 million. The acquisition price will be paid in parts, with €37 million paid following regulatory approvals and €56 million paid at...
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Why Walgreens Shares Are Trading Lower By Over 9%? Here Are Other Stocks Moving In Tuesday's Mid-Day Session
Tuesday, June 27, 2023 - 1:56pm | 1772Gainers Tivic Health Systems, Inc. (NASDAQ: TIVC) shares jumped 105% to $0.2050 after the company signed a distribution agreement with Cardinal Health. Black Diamond Therapeutics, Inc. (NASDAQ: BDTX) surged 76.3% to $3.2450 after the company announced initial dose escalation data demonstrated anti...
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Why American Equity Are Trading Higher By Around 9%; Here Are 20 Stocks Moving Premarket
Tuesday, June 27, 2023 - 8:19am | 895Gainers Surgalign Holdings, Inc. (NASDAQ: SRGA) shares surged 49.8% to $0.3401 in pre-market trading after dropping around 19% on Monday. Surgalign Holdings recently entered into an asset purchase agreement to sell its U.S. hardware and biomaterials assets and the equity interests in non-Debtor...
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Why CarMax Shares Are Trading Lower By 10%? Here Are Other Stocks Moving In Friday's Mid-Day Session
Friday, June 23, 2023 - 12:20pm | 1424Gainers Kidpik Corp. (NASDAQ: PIK) shares jumped 122% to $1.29. Kidpik teamed up with Disney to celebrate the release of Disney+ original movie 'World's Best'. Conformis, Inc. (NASDAQ: CFMS) shares rose 91.3% to $0.2969 after the company agreed to be acquired by restor3d, a leading...
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Why Virgin Galactic Are Trading Lower By Around 18%; Here Are 20 Stocks Moving Premarket
Friday, June 23, 2023 - 8:14am | 819Gainers Castellum, Inc. (NYSE: CTM) shares surged 176.6% to $1.25 in pre-market trading after dropping around 6% on Thursday. OncoSec Medical Incorporated (NASDAQ: ONCS) shares gained 99.9% to $0.4201 in pre-market trading after gaining around 8% on Thursday. Conformis, Inc. (NASDAQ: CFMS) shares...
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From Logitech To VF Corp: Analyst Highlights Potential Of New CEO Bracken Darrell In Consumer Retail Landscape
Wednesday, June 21, 2023 - 1:44pm | 367Telsey Advisory Group analyst Dana Telsey reiterated an Outperform rating on the shares of VF Corp (NYSE: VFC) with a price target of $27. Yesterday before the market open, VFC announced the appointment of consumer product industry veteran Bracken Darrell as its new President...
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Jack Ma's Ant Group Explores ChatGPT-Style Services, Cisco Launches Power-Efficient AI Chips, YouTube Preps For Shopping Channel Debut In South Korea: Today's Top Stories
Wednesday, June 21, 2023 - 10:01am | 1788Bloomberg Jack Ma's Ant Group Explores ChatGPT-Style Services. Challenges Baidu with Investment in AI Alibaba Group Holding Limited's (NYSE: BABA) fintech affiliate Ant Group Co is developing large-language model technology to power ChatGPT-style services. The Jack Ma-backed affiliate...
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Mastercard's Green Initiative: Introducing a Global Strategy for Payment Card Recycling
Wednesday, June 21, 2023 - 9:06am | 275Mastercard Inc (NYSE: MA) announced the establishment of a global framework for card recycling, including collection, transportation, and recycling. The company is asking its global network of partners to help put this in place, beginning in the United Kingdom with HSBC Holdings...