Himax Technologies HIMX announced the breakthrough launch of an industry first, 288 Hz 8K TV timing controller (TCON) solution for the ultra-high-resolution 8K gaming market.The breakthrough chip has been developed in collaboration with world-class panel leaders. The TCON
All three major indexes started off the holiday-shortened week with steep losses, dragged lower by surging bond yields and more disappointing bank earnings. The Dow secured its third-straight triple-digit drop and the tech-laden Nasdaq logged its first close below the 200-day m
Wall Street's main indexes fell sharply on Tuesday as weak results from Goldman Sachs weighed on financial stocks and tech shares continued their sell-off to start the year as U.S. Treasury yields rose to milestones.
Any bit of calm investors enjoyed over the long holiday weekend was sapped quickly Tuesday morning as the markets kicked off the short week with a faceplant.
Wall Street's main indexes fell sharply on Tuesday as weak results from Goldman Sachs weighed on financial stocks and tech shares continued their sell-off to start the year as U.S. Treasury yields rose to milestones.
Technology stocks added to their midday declines, with the SPDR Technology Select Sector ETF (XLK) Tuesday slipping 2.3% this afternoon while the Philadelphia Semiconductor Index was sinking 4.1% this afternoon.
There's a bit of uncertainty on Wall Street to start 2022. The market continues to grapple with the lingering impacts of coronavirus and the risk of interest-rate increases disrupting the natural order of things. Thus, growth stocks – and by extension, growth exchange-tra
Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in Microsoft Corporation (Symbol: MSFT), where a total of 329,884 contracts have traded so far, representing approximately 33.0 million underlying shares. That amounts to
Wall Street's main indexes fell sharply on Tuesday as weak results from Goldman Sachs weighed on financial stocks and tech shares continued their sell-off to start the year as U.S. Treasury yields rose to milestones.
Major indexes have been on a roller coaster since the start of 2022 as investors are concerned about higher inflation, rising rates and the fast-spreading Omicron variant.
The new week brought fresh declines on Wall Street, as stock investors once again struggled to deal with rising interest rates. The yield on the 10-year Treasury climbed above 1.8%, and while that's still extremely low by historical standards, the move was enough to send another
Technology stocks were falling hard again, with the SPDR Technology Select Sector ETF (XLK) Tuesday slipping 2.1% while the Philadelphia Semiconductor Index was dropping 3.6% this afternoon.
The Biden administration is reviewing e-commerce giant Alibaba's cloud business to determine whether it poses a risk to U.S. national security, according to three people briefed on the matter, as the government ramps up scrutiny of Chinese technology companies' dealings with U.S. firms.
Long-suffering shareholders — not to mention canny value investors — were rewarded for their patience in Activision Blizzard (ATVI, $65.39) Tuesday when Microsoft (MSFT, $310.20) agreed to pay $68.7 billion, or $95 a share in cash, for the troubled video game publis
NEW YORK (Reuters Breakingviews) - Microsoft Chief Executive Satya Nadella’s deal to splash out $69 billion for Activision Blizzard makes a lot of sense, virtually. The software giant is paying a huge premium for its gaming rival, which sh
What happened
Microsoft (NASDAQ: MSFT) is buying top video game maker Activision Blizzard (NASDAQ: ATVI) in an all-cash deal worth $68.7 billion. This will bring some of the industry's biggest gaming properties together under one corporate roof, marrying Activision Blizzard's pop
Wall Street's main indexes fell on Tuesday as Goldman Sachs led declines among banks after posting its quarterly profit below expectations, while big technology stocks were slammed by rising Treasury yields.
Nasdaq traders were braced for a fresh pounding on Tuesday as a seven-year high for oil prices drove up global borrowing costs to pre-COVID levels, with even sub-zero German Bund yields at the brink of positive territory again.