Immutable carries out second round of layoffs in seven months, cuts 11%: SMH

People • February 22, 2023, 4:58AM EST Australian blockchain gaming firm Immutable cut 11% of its staff — the second round of layoffs since the end of July — according to the Sydney Morning Herald.  &...

NVDA Stock Joins TSM, AVGO, ASML, INTC On SMH ETF As Power Trend Lifts Semiconductor Stocks

A new Nasdaq “power trend” has sparked life into last year’s downtrodden tech sector. And as semiconductor stocks like Nvidia (NVDA), Taiwan Semiconductor (TSM), Advanced Micro Devic...

Here Are the Best Tech ETFs for 2023

For the first time in three years, it’s dead easy to pick a basket of tech stocks for the year ahead. After giant double-digit gains from 2019 through 2021, the Nasdaq Composite Index ended 2022 down ...

AMD stock rises after BMO analyst turns bullish, boosts price target by 15%

Shares of Advanced Micro Devices Inc. AMD, +0.28% hiked up 0.7% in premarket trading Thursday, to buck the selloffs in its semiconductor peers and the broader stock market, after BMO Capital analyst A...

AMD stock gains after Raymond James upgrades, citing ‘strong confidence’ in datacenter business

Shares of Advanced Micro Devices Inc. AMD, +2.89% rose 0.5% in premarket trading, to buck the selloff in its semiconductor peers and the broader stock market, after an upgrade at Raymond James. AMD...

Applied Materials stock surges after setting new $6 billion repurchase program, increasing dividend

Shares of Applied Materials Inc. AMAT, -1.06% surged 3.6% in premarket trading Friday, after the semiconductor-equipment maker nearly doubled its repurchase authorization and boosted its dividend by 8...

As stock-market turbulence revs up, this ETF theme has drawn 32% of flows in 2022 so far: ‘This isn’t a flash in the pan’

Thank god its Thursday! The Nasdaq Composite posted its first correction since March and equity benchmarks were trying to stage a mini rally, at last check on Thursday. Is this the beginning of the en...