South Korea's SK Hynix Inc has developed its most advanced NAND flash chip made up of 238 layers of memory cells for use in PC storage devices and later smartphones and servers, the world's second-largest memory chip maker said on Wednesday.
(RTTNews) - Insurance company Unum Group (UNM) on Tuesday reported net income of $370.4 million or $1.83 per share in the second quarter of 2022, higher than net income of $182.9 million or $0.89 per share for the same period last year.
What happened
Shares of Zebra Technologies (NASDAQ: ZBRA) closed Tuesday's trading 9.8% lower, falling back after showing pre-market gains of as much as 9.6%. The maker of barcode scanning tools and other information management systems posted strong second-quarter results before
The U.S. State Department approved the potential sale of Terminal High Altitude Area Defense (THAAD) missile interceptors to the United Arab Emirates and Patriot missile interceptors to Saudi Arabia in separate deals worth as much as $5.3 billion, the Pentagon said on Tuesday.
A look at the shareholders of Verizon Communications Inc. (NYSE:VZ) can tell us which group is most powerful. Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. Companies that have been pri
What happened
Innoviz Technologies (NASDAQ: INVZ) stock rose sharply Tuesday. As of 12:41 p.m. ET, shares of the lidar technology specialist were up 22.1%.
What happened
Shares of Crocs (NASDAQ: CROX) skyrocketed 47.2% in July, according to data provided by S&P Global Market Intelligence. This left the 9.1% return of the S&P 500 far behind. Oddly enough, there was little good news for the company during the month on a fundam
When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. One great example is The Chefs' Warehouse, Inc. (NASDAQ:CHEF) which saw its share pr
The Federal Reserve's work of bringing down inflation is "nowhere near" done, San Francisco Fed President Mary Daly said on Tuesday, adding U.S. central bank officials are "still resolute and completely united" in the task of achieving price stability.
A power struggle in Iraq between the Shi'ite cleric Moqtada al-Sadr and rivals aligned with Iran is testing Tehran's ability to stave off a conflict that could damage its interests and further destabilise the oil-rich country.
(RTTNews) - European stocks closed on a weak note on Tuesday as traders weighed near term prospects for the market amid concerns about slowing growth and rising rates, and largely refrained from creating fresh positions.
Even the best investor on earth makes unsuccessful investments. But it's not unreasonable to try to avoid truly shocking capital losses. So we hope that those who held Telos Corporation (NASDAQ:TLS) during the last year don't lose the lesson, in addition to the 72% hit to the
Investors can approximate the average market return by buying an index fund. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. Investors in Arqit Quantum Inc. (NASDAQ:ARQQ) have tasted that bitter downside in the last
What happened
Varonis Systems (NASDAQ: VRNS), a provider of enterprise data software, saw its shares jump as much as 11.6% on Tuesday. As of 11:40 a.m. ET, the tech stock was still up about 10%.