Text size A GE Aviation Test Operations facility. Luke Sharrett/Bloomberg General Electric stock is higher Tuesday. The market is up, as well, and upbeat company-specific Wall Street commentary is als...
Tag: Corporate/Industrial News
Intel Pays Up for Foundry Expertise
For anyone doubting Intel Corp.’s ambitions to make chips for others, the company’s acquisition of Tower Semiconductor should lay their doubts to rest. The deal reported by The Wall Street Journal lat...
QuantumScape Stock Is Down After Reporting Earnings. It’s Hard to Say Why.
Text size A QuantumScape lab. Courtesy QuantumScape Stock in electric vehicle battery technology provider QuantumScape is dropping after the company reported fourth quarter results Wednesday evening. ...
Shopify Stock Sinks Because the Company Sees a Sales Slowdown
Text size Dreamstime Shopify stock tumbled on Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds in...
Generac Stock Rises Because It Expects ‘Exceptional Revenue Growth’ in 2022
Text size Dreamstime Shares of Generac Holdings were surging Wednesday after the generator maker’s 2022 outlook energized investors. “The company is initiating guidance for 2022 that anticipates anoth...
Shopify Stock Sinks as It Sees Revenue Slowdown in First Half of 2022
Text size Dreamstime Shopify stock was dropping Wednesday after the e-commerce software company reported fourth-quarter earnings that narrowly beat expectations, but cautioned about revenue headwinds ...
Nvidia’s Earnings Are Today. What to Expect.
Text size The graphic chip giant has become the top semiconductor maker in the U.S., eclipsing Intel. Justin Sullivan/Getty Images Graphics chip giant Nvidia is expected to post strong financial resul...
Retirees, pay attention – inflation is on the rise
Americans are spending more money because of high inflation — this can be a big problem for older individuals living on a fixed budget. Inflation is at a 40-year-high, at around 7.5% in January, acco...
‘We live 5 minutes from our in-laws who have a larger home’: Is it a good idea to swap houses? Will I end up with a surprise tax bill?
I am a California resident. My husband and I own a 1,800-square-foot home that we bought in 2019 for $1.5 million. We have between 40% and 50% equity in the property due to a large down payment. We li...
ViacomCBS Is Changing Its Name. Subscribership Grew, but at a Cost.
Text size ViacomCBS is changing its name to Paramount Global. Dreamstime ViacomCBS reported a very solid quarter of streaming-subscriber gains on Tuesday, but that growth didn’t come cheaply. The comp...
What a Monster, Constellation Merger Might Mean and Why Coca-Cola Could Be Key
Text size Monster Beverage display, Indianapolis, IN, November, 2020. Jonathan Weiss/Dreamstime.com Monster Beverage stock climbed early Tuesday as investors weighed up a possible merger between the e...
Nvidia’s Earnings Could Be a Big Win. What to Expect.
Text size Solid performance is expected in the chip maker’s gaming and data center businesses when it reports earnings Wednesday. Justin Sullivan/Getty Images Nvidia could be a big winner this e...
Virgin Galactic Stock Surges. Reservations for Space Will Open Wednesday.
Text size Reservations for Virgin’s space tourist flights will open Wednesday. Courtesy Virgin Galactic Space tourism pioneer Virgin Galactic is getting closer to commercial operations. The comp...
Warren Buffett’s firm took big stake in Activision Blizzard ahead of Microsoft deal
OMAHA, Neb. — Warren Buffett’s company placed a rare bet on a technology company late last year and it has already paid off in a big way. Berkshire Hathaway BRK.B, -1.52% revealed in documents filed w...
Ray Dalio’s Bridgewater boosts its bets on China
The world’s biggest hedge fund boosted its bet on Chinese companies in the fourth quarter. The latest 13-F filing from Bridgewater Associates shows the firm boosted the number of shares it’s held in A...
Intel Agrees to Buy Tower Semiconductor in $5.4 Billion Deal
Text size Justin Sullivan/Getty Images Intel Corp . agreed to buy Israeli company Tower Semiconductor for $5.4 billion as it looks to expand its manufacturing capacity and technology portfolio amid ri...
Intel reaches $5.4 billion deal to buy Tower Semiconductor
Intel Corp. on Tuesday struck a $5.4 billion deal to buy Tower Semiconductor, as it seeks to bolster its manufacturing capabilities. Intel INTC, -0.10% said it’s paying $53 per share in cash for Tower...
Opinion: These 5 tech stocks — including small caps you probably don’t know — can lead the sector’s comeback
Amid all the big swings in the S&P 500 and other benchmarks, it’s natural for many investors to be worried. But as the adage attributed to Warren Buffett goes, sometimes it pays the most to be gre...
Charlie Munger Expects Index Funds to Change the World—and Not in a Good Way
Charlie Munger doesn’t think Larry Fink should be running the world. Mr. Munger, the billionaire vice chairman of Berkshire Hathaway Inc. and Warren Buffett’s business partner, said the rise of index ...