ServiceNow Inc. Shares NOW, + 2.45% It fell more than 3% in the extended session on Wednesday after the cloud software company reported second-quarter earnings above expectations and said its subscription sales increased 30%. ServiceNow said it earned $ 41 million, or 20 cents a share, in the quarter, ranging …
Read More »AMD Shares Rise to Record Level After Prospects Contrast with Intel’s ‘Faceplant’
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 »Dow sees moderate gains, but Nasdaq starts much higher Wednesday ahead of Fed policy update, key tech audience
Benchmarks for US stocks opened on Wednesday with gains as investors expected the conclusion of a Federal Reserve policy meeting later in the day, saw talks about a coronavirus aid package in Congress and They waited for a highly anticipated Congressional audience with the Silicon Valley giants and e-commerce. The …
Read More »Gold rises higher for ninth session in a row, ahead of Fed decision
Gold futures were modestly higher on Wednesday, ready to post a ninth straight gain after scoring a record deal and intraday high a day earlier, as investors await the outcome of a Federal Reserve policy meeting. In the weeks after the last Fed meeting, “the number of new [COVID-19] cases …
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 »