Advanced Micro Devices (NASDAQ: AMD) stock dropped more than 8% on Thursday, March 31, following a downgrade by Barclays analyst Blayne Curtis, who believes that the chipmaker could be headed for a cyclical slowdown in 2023.
Microchip stocks have been unstoppable over the last few years, providing investors with a multitude of gains and rolling over any doubters along the way. With the rapid expansion of the digital world, we now rely heavily on this technology for everyday tasks, and it’s no
Microchip stocks have been unstoppable over the last few years, providing investors with a multitude of gains and rolling over any doubters along the way. With the rapid expansion of the digital world, we now rely heavily on this technology for everyday tasks, and it’s no
What happenedSemiconductor stocks were getting blasted today. The Nasdaq Composite was down 2.2% as of the market close on Wednesday, but top names in the chip space were down even more.
Amazon AMZN has entered agreements with Arianespace, Blue Origin and United Launch Alliance in order to aid the execution of one of its noteworthy initiatives called Project Kuiper, which aims at providing high-speed broadband service on the back of a constellation of low
PayPal PYPL has unveiled a payment card to strengthen its technology-driven payment solutions portfolio.The PayPal Cashback credit card, which is being issued by Synchrony, allows customers to gain more rewards, while shopping online and offline, and paying with PayPal.Th
Wall Street ended lower on Tuesday, led by decline in tech-stocks. The U.S Bond yields increased to multi-year highs. There were concerns about rising inflation due to the Russia-Ukraine war. Moreover, the Fed’s plans to hike interest rates kept recession fears alive. All
Alphabet’s GOOGL division Google has been consistently working toward expanding its service centers of high-speed Internet service, Google Fiber, to new locations.
Advanced Micro Devices AMD recently announced that it has entered a definitive agreement to acquire Pensando for approximately $1.9 billion before working capital and other adjustments on Apr 4. The two companies expect to close the deal by the second quarter of 2022.Pens
Advanced Micro Devices (NASDAQ: AMD) is shopping again. Just a couple of months after putting the final wrap on its mega-merger with fellow chip designer Xilinx, AMD just announced it's acquiring data center solution specialist Pensando for $1.9 billion.
Advanced Micro Devices (AMD) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.
For Immediate ReleaseChicago, IL – April 5, 2022 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in
On April 4, Advanced Micro Devices (NASDAQ: AMD) announced that it would increase its data center solutions by acquiring Pensando for $1.9 billion. Pensando brings hardware and software capabilities that can help improve data centers' efficiency by reducing the workloads of serve
If you invested in the benchmark S&P 500 stock market index five years ago and held on until today, you would have nearly doubled your money with a return of 92%. While that's perfectly respectable, it's trounced by the gains in the technology-centric Nasdaq 100 index, which
When Advanced Micro Devices (NASDAQ: AMD) launched its Ryzen 5000 series of desktop CPUs toward the end of 2020, budget chips were conspicuously absent. The lowest-priced chip available at the time was the $299 Ryzen 5 5600X. Prices have come down since then, but anyone looking f
Advanced Micro Devices stock (NASDAQ: AMD) is down almost 8% in the past month (21 trading days), largely underperforming the S&P 500 which was up a little over 3% over this period. If you look at the change over the last five and ten days, too, the stock has returned -9.3%