Text size Zynga headquarters in San Francisco. Justin Sullivan/Getty Images Zynga stock soared Monday after Take-Two Interactive announced it would acquire the mobile game developer in a cash-and-stoc...
Tag: Disruptions
Intel names new CFO and lead PC executive, stock gains in late trading
Intel Corp. shares rallied in the extended session Monday after the chip maker poached Micron Technology Inc.’s chief financial officer and named a new executive to lead its core personal-computer gro...
Stock Market Today: The Dow Drops 500 Points, Tech Stocks Keep Sinking
Text size Markets see the Federal Reserve first hiking interest rates in March. Karen Bleier/AFP/Getty Images Stocks continued to slide Monday, with technology stocks getting hit the hardest as bond y...
Costco’s December Sales Were Stellar. What It Means for Investors.
Text size Consumers shop in a Costco store Joe Raedle/Getty Images Shares of Costco Wholesale were flat on Thursday, even after the company said its December sales rose 16.2%, a hopeful sign for inves...
These tech stocks have fallen 20% to 51% from their 52-week highs. Should you consider buying now?
Technology stocks have been retreating as the Federal Reserve’s change in policy has set up expectations for a significant rise in interest rates. Some investors will panic at a time like this and sel...
Roblox stock drops after pulling down China app for retooling
Roblox Corp. shares dropped Friday following a report that the social-gaming company’s app in China will be unavailable for an undetermined period after being shut down in December. Roblox RBLX, -5.41...
Bed Bath & Beyond Had Big Earnings Miss. The Stock Is Jumping.
Text size Comparable-store sales at Bed Bath & Beyond fell by 7%. Justin Sullivan/Getty Images Shares of Bed Bath & Beyond is up about 13% even after the company’s financial results fell short...
Interest-Rate Worries Batter Stock Market
Major U.S. stock indexes fell Wednesday as investors worried that the Federal Reserve might respond more aggressively to rising inflation than previously anticipated. Markets had largely continued 20...
Intel stock rallies after upgrade says chip maker ‘is starting to execute on a coherent strategy’
Intel Corp. shares rallied Wednesday after the chip maker received an analyst upgrade on the belief that the chip maker is starting to execute on its turnaround. Intel INTC, +3.12% shares gained as mu...
Ford Sales Impress. The Company Handled the Chip Shortage Admirably.
Text size Courtesy Ford Ford Motor’s December and fourth-quarter sales impressed. Especially given the supply-chain woes faced by the entire industry. Investors have rewarded the company for managing ...
AT&T Stock Rises After Posting 1.3 Million Subscriber Adds
Text size AT&T stock fell more than 14% last year. Timothy A. Clary/AFP/Getty Images Shares of AT&T rose on Wednesday after the telecommunications and media giant said it added a net 1.3 milli...
Ford Stock Beat Tesla Last Year. Here’s What It Will Do Next.
Text size Ford stock is on a tear. After rocketing in 2021, and big start to 2022, here’s what could happen next. Paul Ellis/AFP via Getty Images One automotive stock is on fire as investors get...
Taiwan Semiconductor Stock Surges on First Trading Day of 2022
Text size Taiwan Semiconductor ADRs saw their biggest percentage gain on Monday since mid-2020. SAM YEH/AFP/Getty Images The first trading day of 2022 was a breakout one for . American depositary shar...
Airlines Warn of Crippling Flight Disruptions if New 5G Rollout Isn’t Delayed
Text size Justin Sullivan/Getty Images After AT&T and Verizon Communications refused requests from the U.S. government to delay the Jan. 5 launch of new 5G services, the Airlines for America trade...
Peloton Stock Fell 76% in 2021
Text size A Peloton stationary bike at one of the company’s showrooms. Adam Glanzman/Bloomberg Peloton Interactive shares had already lost roughly 75% of their value this year, when analysts at ...
Discovery Stock Soars After an Analyst Upgrade. Why the Stock Could Double.
Text size Dreamstime Discovery Communications shares are roaring higher on Friday, after an analyst upgraded the stock and issued a price target 75% above Thursday’s closing price in a 30-page report....