Soft PPI data makes these three chip stocks worth buying
July producer prices (PPI) came in flat month-over-month, lower than a 0.2% increase economists had forecast. The reading pulled the probability of a
Economy
Economy
Figma stock is rising: a golden opportunity to buy at a bargain price?
Figma stock has rebounded modestly in the past few weeks and is showing signs of bottoming. FIG jumped to $26.35 on Thursday, up
Economy
Adobe stock is taking off: Could a rumored Workday buyout push it higher?
Adobe stock has staged a strong comeback as investors rotate back to software companies following the sell-off a few months ago. ADBE is
Economy
S&P 500 edges higher as earnings offset Middle East tensions
US stock indexes opened mixed on Friday as investors weighed another record-setting session for the S&P 500 against renewed geopolitical tensions in the
Economy
Berkshire 13F: What to expect from Buffett successor’s latest moves
Berkshire Hathaway’s second-quarter 13F filing, due on Friday, is expected to offer investors a clearer picture of how CEO Greg Abel is reshaping
Economy
Netflix stock jumps 4% as Bill Ackman returns with a new stake
Netflix NFLX stock rose more than 4% on Thursday after billionaire investor Bill Ackman’s Pershing Square Capital Management disclosed a new stake in
Economy
SanDisk stock soars 15% today: here’s why
SanDisk SNDK stock surged on Thursday after the memory chipmaker unveiled ambitious long-term financial targets and sought to reassure investors that demand for
Economy
Evening digest: Anthropic to target $2T valuation in IPO, Gold slips
Anthropic is reportedly targeting a valuation of at least $2 trillion in a potential October IPO, while Chinese memory-chip maker CXMT has overtaken
Economy
Dow rises as S&P 500 closes at record high on softer inflation, tech gains
US stocks ended higher on Thursday, with the S&P 500 closing at a fresh record as easing inflation data, falling oil prices and
Economy
What drove Workday stock higher on Thursday and what comes next?
Workday (WDAY) shares closed meaningfully higher on Thursday following a Reuters report that the private equity giant Silver Lake is in discussions to