Super Micro's stock soars as internal probe finds no evidence of fraud by management
Shares of Super Micro Computer Inc. (SMCI) shot up 18.4% in premarket trading Monday, after the server maker and artificial-intelligence play said it completed its investigation into accounting issues ...
Intel CEO Gelsinger Retires, Leaves Board
Intel said Chief Executive Pat Gelsinger has retired and stepped down from the company's board of directors. The chip maker Monday said it named Chief Financial Officer David Zinsner and Michelle ...
Intel ousts CEO Gelsinger with stock down 61% during his tenure
Shares of Intel have lost 61% over Gelsinger's tenure. The stock was booted from the Dow Jones Industrial Average DJIA last month. Nvidia Corp. (NVDA), which replaced Intel in the Dow, has seen its ...
Why Nvidia and other chip stocks are mostly shrugging off latest China rules
The Wall Street Journal reported that the latest export rules, which mark the Biden administration's fourth such bout in three years, restrict sales of memory chips and general semiconductor equipment ...
Allianz Is Probably the Best Executing European Multiline Insurer
Allianz is one of the best-performing multiline insurers in our European insurance coverage. The company combines a unique set of assets to generate returns that are better than most others. In its ...
All of Wall Street expects stocks to rise - and that view may be too cautious
Consensus also has settled on their view of the U.S. stock market for 2025. Not a single forecast from the sell-side is calling for the stock market to weaken. The median Wall Street target is for the ...
Here's your investing guide to retail stocks as Black Friday gives way to Cyber Monday
You should ignore the initial reports about the success of retailers' Black Friday and Cyber Monday sales events. In fact, if you're a gutsy contrarian investor, you should consider betting that ...
Northern Star to Buy De Grey Mining in $3.26 Billion Stock Deal — Commodities Roundup
Northern Star Resources agreed to buy De Grey Mining in an all-stock deal valued at roughly 5 billion Australian dollars, about US$3.26 billion, as gold companies race to secure new mines at a time ...
'MoGlicked' weekend powers AMC stock higher on record attendance
AMC's stock (AMC) was up 1.2% in premarket trading on Monday. Walt Disney Co.'s stock (DIS) was up 0.3%. Disney produced "Moana 2" while Comcast Corp.-owned Universal Pictures (CMCSA) produced "Wicked ...
Singapore PMI Expands in Continued Sign of Recovery
The purchasing managers index compiled by the Singapore Institute of Purchasing and Materials Management edged up to 51.0 in November from 50.8 in October. A reading above 50 indicates that the ...
Prosus Bets on AI to Lift Growth After E-Commerce Revenue Boost — Update
AI is contributing significantly to the company's current growth, Chief Executive Fabricio Bloisi said in an interview. The Dutch investment group--which focuses on consumer internet companies--said ...
Denmark to Pay $4.5 Billion for Majority Stake in Copenhagen Airports
Denmark has agreed to pay around 32 billion Danish kroner ($4.54 billion) to increase its stake in Copenhagen Airports to 98.6%, the country's finance ministry said Monday.