Shares of Advanced Micro Devices Inc. rose to new records on Wednesday after the chip company’s strong position and second-quarter forecast signaled a radical change in the semiconductor market following delays announced by Intel Corp. of Next generation chips last week. AMD AMD, + 12.55% The shares rose to a …
Read More »
Text size Kodak is making a foray into generic drug ingredients Daniel Acker / Bloomberg Eastman Kodak’s shares are enjoying a renaissance. Shares rose 160% on Wednesday morning, taking advantage of the incredible gain of more than 200% on Tuesday. New capital and new business are the reasons for the …
Read More »
If you really want to call yourself a counter investor, it’s time to take a closer look at what hasn’t worked so far this year: value stocks and dividend stocks. Value stocks have underperformed growth stocks (especially Tesla Inc. TSLA, -4.09% and the most popular tech names) amid the economic …
Read More »
Text size Defense sales stood out in the quarter. Mario Tama / Getty Images Defense and aerospace giant Raytheon Technologies crushed Wall Street’s profit expectations, but the stock fell anyway on Tuesday morning. The commercial aerospace sector is not improving fast enough for investors. Raytheon (ticker: RTX) earned 40 cents …
Read More »
Text size AMD EPYC processors Courtesy of AMD. Advanced Micro Devices gave investors reason to cheer on Tuesday when it reported earnings that exceeded expectations and said it would sell more chips at a higher profit than anticipated. Shares of AMD (ticker: AMD) rebounded in the extended session, advancing nearly …
Read More »