Other technology stocks trading at relatively low valuations to historical levels include Micron, Super Micro and Workday.
Multiple analysts saw Monday’s sharp semiconductor pullbacks as overdone. One said they could prove “a buying opportunity in hindsight once the dust settles.”
Companies hope to get boost from business friendly Trump White House
JetBlue’s Q4 results beat expectations, but the outlook for a key revenue metric was below forecasts.
So-called systematic hedge funds — technology-driven funds that use machines to make investment decisions — had a very profitable Monday as the market suffered from the turmoil from the launch of the DeepSeek Chinese AI chatbot.
CEO confidence is increasing, and there are bullish signs for non-AI chip companies.
The company also provided soft guidance.
DeepSeek is not a “black swan” event, but a “gray swan” — with consequences for both the market and the Federal Reserve, says strategist Ed Yardeni.
GM is launching three new electric vehicles under its luxury Cadillac brand, aiming for “further improvements in EV profitability” as it scales up production.
It’s the second recent IPO to debut at a discounted price.
Royal Caribbean’s quarterly profit topped expectations again, and the outlook for the current quarter is above forecasts.
Melius Research sees ever more competition from Nvidia, which could hit the “profit pools” of AMD and Intel.
The British and Irish governments separately announced on Tuesday they were trimming stakes in banks they’ve owned since the financial crisis.
The company called 2024 a “breakthrough” year as it launched multiyear transformation program and rewired the business into three segments.
Bond yields rose early Tuesday, as calmer conditions across global markets reduced demand for sovereign paper
Investors are weighing tariff threats and other policy measures by President Trump, as well as his call last week for the Organization of the Petroleum Exporting Countries to boost production.
Citigroup strategists took a look at what happens after a big tech selloff, and then what happens if that keeps going.
“The agreement was that, as soon as they sold their home, they would refinance the mortgage.”
NFL legend Tom Brady is reportedly “looking to sell” his famed mansion on Miami’s Indian Creek Island for the jaw-dropping price of $150 million.
Few people have had the fabulous and frisky impact on the world of design as the mercurial Iris Apfel.
