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 »Kodak’s shares triple when the company announces a pandemic plan to start manufacturing pharmaceutical ingredients.
The Trump administration’s $ 765 million loan to Eastman Kodak Co. for the launch of a business that makes pharmaceutical ingredients caused the actions of the iconic camera company to skyrocket. Kodak’s stock KODK, + 309.82% More than 200% recovered on Tuesday after the Trump administration announced the news. The …
Read More »Kodak’s shares skyrocket. How high can stocks go?
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 »This is what CEOs of Apple, Amazon, Facebook and Alphabet will say at Wednesday’s antitrust hearing
The CEOs of four of the world’s largest and most influential tech companies are set to testify Wednesday before a House of Representatives antitrust panel, and plan to emphasize how their products improve the lives and jobs of Americans. Jeff Bezos of Amazon.com Inc. AMZN, + 0.95% , Tim Cook …
Read More »Pfizer shares rise after earnings. Here’s why stocks rose more.
Text size Spencer Platt / Getty Images Large pharmaceutical company Pfizer announced second-quarter financial results on Tuesday morning that exceeded Wall Street expectations, sending shares of around 3% in pre-trade. The company reported earnings of $ 0.78 per share, beating the FactSet consensus at $ 0.10 and the S&P Capital …
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