New Intel Corp. INTC, -0.65% shares fell nearly 19% in the past month, the chipmaker announced on Wednesday that it plans to spend $ 10 billion on its own stock market by the end of the year. Shares gained nearly 4% in trading hours after the announcement. Intel said it …
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Text size Kevin Frayer / Getty Images Brands responded calmly to the recent escalation of the Trump administration’s war on Chinese telecom giant Huawei. Maybe too calm. U.S. Commerce Department regulations issued Aug. 17 will in theory prevent Huawei from purchasing any hardware or software that has all inputs of …
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Text size Carl Hof / Getty Images SoftBank Group made big bets on Amazon. com, Alphabet, Adobe, and other technology stocks in the June quarter as part of their program to temporarily stash proceeds from recent asset sales. As of June 30, SoftBank had a $ 1 billion stake in …
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Shares of Nvidia Corp. NVDA, + 1.05% rose 1.3% to a record high in premarket trading Monday after Susquehanna analyst Christopher Rolland raised its price target to a Street High $ 540 from $ 450, saying the expected launch of Ampere Gaming Graphics Processing Units (GPUs) in September is an …
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Text size Brick-and-mortar retailers make up the bulk of revenue reports this week. Walmart, Home Depot, and Kohl released their second-quarter results on Tuesday, followed by Lowe’s, Doel, TJX, and L Markets on Wednesday. Ross Stores reports Thursday. Non-retail names releasing results this week include Nvidia and analog devices on …
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