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Tag: Computers/Consumer Electronics
TSMC Makes a $40 Billion Bet on U.S.-Made Chips. Don’t Declare Victory Yet.
This past Tuesday, Taiwan Semiconductor Manufacturing announced that it would expand its investments in Arizona to more than $40 billion—from its initial $12 billion commitment. TSMC’s first Arizona f...
GE Healthcare Plans to Reduce Debt and Costs, Pursue Tuck-In Acquisitions
General Electric Co.’s healthcare division plans to cut debt, bring down costs and pursue tuck-in acquisitions after its spinoff in early January, finance chief Helmut Zodl said Thursday at an investo...
DocuSign stock shoots higher after big earnings beat
Shares of DocuSign were flying higher in aftermarket action Thursday after the e-signature company topped expectations with its latest financial results. The company posted a fiscal third-quarter net ...
BNP Paribas studied 100 years of market crashes — here’s what it says is coming next
Oops. Stocks fell through a key support on Tuesday and it looks like some recent momentum has now petered out. The new line in the sand for the S&P 500 SPX, -1.44% seems to be 3,900. Whether Santa...
Canada’s Largest Pension Sells Apple, Tesla, NIO, XPeng, Li Auto Stock
Canada’s largest pension fund by assets under management recently made striking changes in its investments in Apple and four prominent electric-vehicle makers. Canada Pension Plan cut its stake in App...
Quantum Computing’s Promise and Hurdles
To the Editor:Quantum computing is a fascinating topic (“Quantum Computing Will Change the World. How to Play the Stocks,” Cover Story, Nov. 25). I’m not sure what the ultimate payoff will be, even if...
Apple Is Looking to Move Production Out of China, Report Says
Apple has hastened plans to move part of its production out of China, home to the world’s largest iPhone factory, according to a The Wall Street Journal report citing anonymous sources. The world’s mo...
Apple Makes Plans to Move Production Out of China
In recent weeks, Apple Inc. has accelerated plans to shift some of its production outside China, long the dominant country in the supply chain that built the world’s most valuable company, say people ...
Opinion: Salesforce better get used to Marc Benioff in charge, because he keeps chasing off his chosen successors
Salesforce Inc. has twice promoted a seasoned executive to co-CEO, and both times it was taken as a sign that the cloud-software pioneer had found an eventual successor to co-founder Marc Benioff at t...
Snowflake stock drops after sales forecast that CFO admits is ‘conservative’
Shares of Snowflake Inc. fell more than 5% in after-hours trading Wednesday, when the data-software company’s executives announced quarterly revenue that topped expectations but came up shy with their...
Okta stock jumps 15%, CEO promises profit as sales reps get on same page
Okta Inc. executives on Wednesday said they will report an adjusted profit in the fourth quarter and, in a surprise, predicted profitability for all of next fiscal year, trumping profit concerns stemm...
CrowdStrike Stock Falls Hard as Outlook Disappoints
CrowdStrike Holdings shares were tumbling in after-hours trading Tuesday after the security software company gave an outlook for the current quarter that fell short of what Wall Street had expected. F...
Twilio Stock Has Been Hammered. 3 Reasons It Could Fall Even More.
Twilio stock was falling Monday after a Jefferies analyst cited three reasons why he has lost confidence in the cloud-based software provider over the near-term. Analyst Samad Samana downgraded shares...
Hormel Foods and HP Inc. Declare Dividend Increases
Text size Hormel stock has returned about 3% this year through Friday, dividends included. Daniel Acker/Bloomberg Hormel Foods and HP declared dividend increases in a light week for such announcements...
Cloud software is suffering a cold November rain. Can Snowflake and Salesforce turn it around?
The week after Thanksgiving could determine if cloud software is still too fat or if there are some tasty leftovers for Wall Street. Autodesk Inc. ADSK, +1.82% signaled a slowdown in business spending...
More people use ‘buy now, pay later’ for holiday shopping, but experts say that’s a double-edged sword
Online purchases using the BNPL rose by 13% year-on-year in November, according to Adobe Analytics. That figure does not take into account Thanksgiving or Black Friday spending. “In an uncertain econo...
10 Dividend Aristocrat stocks expected by analysts to rise up to 54% in 2023
Stocks of companies that raise dividends consistently have outperformed during this year’s bear market. Below is a screen showing which stocks are analysts’ favorites for next year among an expanded l...