The outlook for the semiconductor sector is moving from bad to worse, and investors appear to be moving their money into the software sector as a result. Pessimism about the future of the chip sector ...
Tag: consumer goods
Intel wins latest race in chip uses for the cloud, says KeyBanc Capital Markets
Chip giant Intel Corp. is leading growth in cloud technology, according to new research from KeyBanc Capital Markets. Intel Corp. INTC, +3.21% is the winner in KeyBanc’s latest monthly data tracking s...
These dividend stocks yield at least 5% and have plenty of room to raise payouts
This year’s stock price declines make for an increasing number of stocks with high dividend yields of at least 5%. Below is a screen that highlights 29 that appear to be able to raise their payouts co...
Revlon Has Declared Bankruptcy. More Defaults Could Be on the Way.
Text size Cosmetics company Revlon has filed for Chapter 11 bankruptcy. There could be more defaults on the way for U.S. companies. Dreamstime With fears that a recession is looming, there could be mo...
Oracle Stock Looks Like a Buy Even in a Recession
Text size Oracle expects its cloud business to grow at least 30% in its next fiscal year. David Paul Morris/Bloomberg Amid a devilish brew of rising rates, high inflation, and recession fears, the tec...
Unity Stock Initiated at Sell. It Once Was a ‘Pandemic Darling.’
Text size Hickey initiated coverage of Unity at a Sell rating with a $27 price target. David Paul Morris/Bloomberg Shares of Unity Software were falling in premarket Thursday after an analyst at Bench...
Netflix Stock Cut to Sell. Why This Analyst Says He Made a Mistake.
Text size Netflix shares have plunged by more than 70% so far in 2022 Getty Images A once infatuated Wall Street has definitely cooled on the godfather of streaming, Netflix , with a longtime bear adm...
Opinion: As tech melts down, a truth remains: Semiconductors are eating the world
Everyone’s favorite trade in the stock market, technology, has gone the way of the dodo. Oil and value stocks are all the rage. But one part of technology — semiconductors — is vital not only to the t...
Mexico Takes Aim at Private Companies, Threatening Decades of Economic Growth
MONTERREY, Mexico—For the past 20 years, a 1,100-megawatt power plant owned by Spain’s Iberdrola SA outside Mexico’s industrial capital has kept the lights on for scores of companies such as brewing g...
Under Armour Stock Has Tanked. Director David Gibbs Scooped Up Shares.
Text size Under Armour stock plunged in early May after the company reported a first-quarter loss. Brandon Bell/Getty Images/Getty Images Under Armour stock has tumbled in 2022, but director David W. ...
Cosmetics Maker Revlon Nears Chapter 11 Filing
Revlon Inc. is preparing to file for chapter 11 protection as soon as next week after struggling for years with too much debt, stiff competition in the cosmetics business and more recent inflation and...
‘I’m being taken advantage of by my own husband’: I pay all the bills and gave the down payment for our home, and all he does is buy stuff and contribute to his 401(k)
I’m being taken advantage of by my own husband. I have been married for almost 10 years. When my husband and I were first married, he convinced me to stop working after the first year or so, which I r...
Novavax’s New Covid-19 Vaccine Might Be Late to the Party
It’s one thing to arrive fashionably late to a party, it’s another thing to waltz in when the last guests are stumbling out the door. For Novavax , which on Tuesday cleared a key step toward U.S. Food...
Altria Stock Gets Downgraded by Morgan Stanley. Gas Prices Are Partly to Blame.
Text size Analyst Pamela Kaufman lowered her price target to $50 from $54. Illustration by Joel Arbaje Altria Group stock fell Wednesday after Morgan Stanley warned of increasing headwinds to the ciga...
Intel Bear Case Coming ‘Even Earlier’ Than Expected. Analyst Remains Neutral.
Text size Intel Dreamstime Shares of Intel were falling Wednesday as Citi said its bear-case scenario was “taking shape even earlier” than expected. Analyst Christopher Danely reiterated a Neutral rat...
Altria Shakes Off a Sell Rating and Gets an Upgrade
Text size Rising macroeconomic uncertainty contributed to a downgrade of Altria’s stock in early June. Fabrice Coffrini/AFP via Getty Images Altria Group stock was rising Friday after the tobacc...