VMware VMW recently reached a settlement with the U.S. Securities and Exchange Commission (SEC) to resolve a previously disclosed investigation related to VMW’s backlog disclosures in public filings for its 2019 and 2020 fiscal years.
What happened
Shares of semiconductor favorites Advanced Micro Devices (NASDAQ: AMD), Applied Materials (NASDAQ: AMAT), and Micron Technology (NASDAQ: MU) plunged Tuesday following the August consumer price index (CPI) release, down 7.6%, 5%, and 6%, respectively, as of 1:11 p.m.
Advanced Micro Devices (AMD) closed the most recent trading day at $84.64, moving -0.95% from the previous trading session. This change lagged the S&P 500's 1.06% gain on the day. Elsewhere, the Dow gained 0.71%, while the tech-heavy Nasdaq added 0.09%.
Looking at the sectors faring worst as of midday Monday, shares of Materials companies are underperforming other sectors, up 0.5%. Within that group, Mosaic Co (Symbol: MOS) and CF Industries Holdings Inc (Symbol: CF) are two of the day's laggards, showing a loss of 6.7% and 4
The Invesco S&P 500 BuyWrite ETF is seeing unusually high volume in afternoon trading Monday, with over 153,000 shares traded versus three month average volume of about 29,000. Shares of PBP were up about 1% on the day.
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said.
Tech stocks have been hit hard in 2022, with the NASDAQ-100 Technology Sector index down 33% year to date. Multiple companies have taken significant hits to their stocks, with Nvidia (NASDAQ: NVDA) down 54% and Advanced Micro Devices (NASDAQ: AMD) off 45% in the same period. As k
The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence and chipmaking tools, several people familiar with the matter said.
The Nasdaq Composite index's level is down roughly 25% year to date, and many semiconductor stocks have seen huge sell-offs across 2022's trading. In addition to concerns about the possibility of a prolonged recession and other macroeconomic pressure affecting the broader market,
The bad news just doesn't seem to be stopping for Nvidia (NASDAQ: NVDA). The graphics cards specialist received another big blow last week after the U.S. government imposed restrictions on sales of data center chips to China, Hong Kong, and Russia.
Technology stocks have been hit hard in 2022 as rising inflation and fears of recession slow consumer spending. As a result, the Nasdaq-100 Technology Sector index has fallen more than 34% year to date. But these stocks won't stay down forever, which might make now the perfect ti
When investors think of gaming, names like Activision Blizzard or Electronic Arts often come to mind. Indeed, both companies own franchises that have captivated gamers for decades. Zion Market Research also forecasts a compound annual growth rate (CAGR) of 12% for the industry th
Today's video focuses on Intel (NASDAQ: INTC), Nvidia (NASDAQ: NVDA), Advanced Micro Devices (NASDAQ: AMD), and recent updates, including analysts' price targets, gaming hardware numbers, and recent commentary from Intel's management. Check out the short video to learn more, cons
VMWare VMW recently announced that it is expanding its partnership with Amazon’s AMZN Amazon Web Services (AWS) by launching capabilities in the jointly-engineered VMware Cloud on the AWS marketplace.
What happened
Shares of chipmaker Advanced Micro Devices (NASDAQ: AMD) were climbing today after an analyst initiated coverage of the company and put a buy rating on its stock yesterday.
The U.S. ban on exports to China of Nvidia and AMD's flagship artificial intelligence chips will create new business opportunities for domestic startups jockeying for a piece of China's fast-growing data center chip market, industry executives and analysts told Reuters.
What happened
Shares of Intel (NASDAQ: INTC) were down as low as 2.4% after the market open on Thursday. However, the stock has since recovered most of those gains and is down just 0.23% as of 10:48 a.m. ET.
The NASDAQ 100 Pre-Market Indicator is down -35.63 to 12,223.76. The total Pre-Market volume is currently 33,613,467 shares traded.The following are the most active stocks for the pre-market session: ProShares UltraPro QQQ (TQQQ) is -0.05 at $27.56, with 3,314,262 shares traded.