Text size Seagate has been hurt by weakening demand for its disk drives in China, among other places. Dreamstime Seagate Technology continues to see weakening demand across the disk-drive business, CE...
Tag: SYND
Tesla Talks About a Lower-Priced Car. When It’s Coming.
Text size If it wasn’t for lousy inflation data, Tesla bulls might be feeling very happy with the company. Getty Images Tesla stock is down with the rest of the market on a bad day for stocks. T...
Western Digital CEO Warns Of Sharp Decline In NAND Memory Business
Text size Western Digital CEO David Goeckeler said the company has seen a sharp erosion in pricing for NAND flash memory based storage over the last month. Dreamstime Western Digital has seen business...
Oracle Stock Rises. Sales Topped Guidance but Profits Missed.
Text size Oracle’s headquarters. The software giant’s earnings disappointed. Justin Sullivan/Getty Images Oracle posted mixed numbers for the quarter. Revenue edged out guidance, but profi...
Goldman Sachs Is Preparing Layoffs. Tech Isn’t the Only Industry Cutting Jobs.
Text size Goldman Sachs is putting together a plan to lay off employees, according to reports. Jason Alden/Bloomberg Goldman Sachs is putting together a plan to lay off employees, according to media r...
Elon Musk Has a Solution for the Energy Grid. And He’s Probably Right.
Text size Tesla sells more than just cars. It sells battery storage solutions to utilities around the globe. Melissa Sue Gerrits/Getty Images Heat, climate change, renewable power, and the grid are al...
3 Chip Stocks for a Potential Recession, According to an Analyst
Broadcom is one of three chip stocks Bernstein identified as able to outperform in a recession. Justin Sullivan/Getty Images Text size Bernstein believes three semiconductor stocks can outperform if t...
Carvana Stock Is ‘Grossly Undervalued,’ Analyst Says
Text size Carvana stock has lost 84% this year. Mark Ralston / AFP via Getty Images Declining prices for used cars, rising interest rates, and a series of regulatory challenges have pummeled Carvana s...
Inflation May Have Slowed in August. That May Not Be Good News.
Text size Markets have been waiting for a clearer indication that inflation is coming down from its highest point in four decades. Michael M. Santiago/Getty Images Inflation is expected to have slowed...
Nikola Founder Faces Securities-Fraud Trial Over Promises About Electric Trucks
Trevor Milton, the Nikola founder who enticed auto-industry leaders and investors with his promise for a revolution in electric trucks, faces a securities-fraud trial beginning this week on allegation...
Singapore Hits the Brakes on Crypto Ads at F1 Grand Prix
Crypto.com has paid millions to sponsor Formula One. When the event comes to Singapore later this month, that could mean a lot of empty space. The company has been part of a drive by cryptocurrency fi...
IHS Is a Play on Emerging Market Cellphones. Why the Stock Looks Like a Buy.
Text size IHS’s organic revenue growth has been 18% a year over the past half-decade. Dreamstime IHS Holding is the new kid on the block in the cell-tower world—and its stock may be worth buying. Runn...
Stocks Poised to Open Higher on Monday
Stocks are poised to open higher in New York on Monday. Angela Weiss/AFP/Getty Images Text size U.S. stocks are poised to open higher on Monday as investors await the August reading on inflation. On S...
Outlook for Tech Stocks Darkens After Rocky Stretch
Sept. 10, 2022 5:30 am ET Listen to article (2 minutes) A rally in technology shares helped the stock market snap a three-week losing streak. There are already signs that reprieve may be short lived. ...
Why Total Yield Can Be a Savior in Volatile Markets
Text size MetLife is one of the financial firms that has thrived this year. Michael Nagle/Bloomberg Income investors are finally having their moment. In a volatile year for markets, which saw major in...
Quantitative Tightening Is About to Ramp Up. What It Means for Markets.
The Federal Reserve now owns about a third of both the Treasury and mortgage-backed-securities markets as a result of its emergency asset-buying to prop up the U.S. economy during the Covid-19 pandemi...
T-Mobile Stock Market Value Has Been Rising. It’s Bigger Than Verizon.
Illustration by Elias Stein Text size There’s a new top dog in U.S. telecom. This past Tuesday, T-Mobile US nosed ahead of Verizon Communications , and AT&T in market capitalization—an exclamation...
Oil Prices Slump as Recession Fears Grow
Another turbulent week in oil markets carried crude prices to their lowest point since January, with thin trading and a blurry outlook for supply and demand driving a fitful 30% decline from this year...
Ethereum’s ‘Merge’ Is Disrupting Crypto Trading and Lending
Text size Ethereum’s “Merge” is a hotly anticipated and long-awaited upgrade. Dreamstime Crypto markets linked to Ether are facing disruption as the blockchain network behind the wor...
Lucid Stock Gets a New Buy Rating. Its Batteries Are Beating Tesla’s.
R.F. Lafferty says Lucid’s battery pack technology is a “key differentiator” in driving range and horsepower. Courtesy Lucid Motors Text size Luxury electric vehicle start-up Lucid picked up a n...