Economics News

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Looming US interest rate cuts are presenting investors with a choice: stick with the Big Tech stocks that have driven returns or turn to less-loved areas of the market that could benefit from easing monetary policy. Lower rates are seen as beneficial to many corners of the market whose performance has lagged this year, including small-caps, real estate and industrials.
Investing.com • 20h ago
News Tech
Silver Lake Group, a major technology investment firm, has reported executives selling over $2.4 million worth of Dell Technologies Inc. (DELL) shares. The transactions reflect insider activity, which can provide insights into executive sentiment and potential strategic moves.
Investing.com • 23h ago
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Silver Lake, a private equity firm, has reported the sale of Dell Technologies Inc. shares worth nearly $2.5 million. The transactions involved the sale of Dell's Class C Common Stock by various Silver Lake entities.
Investing.com • 23h ago
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Axcelis Technologies' shares rose after B.Riley increased its price target and maintained a Buy rating on the stock, citing the company's raised guidance and long-term growth outlook.
Investing.com • 1d ago
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Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) is facing a class action lawsuit alleging that the company made materially false and/or misleading statements about its business, operations, and prospects, particularly regarding its reliance on SunPower and the termination of their supply agreement, which led to a substantial decline in revenue and a 'serious cash flow' crisis.
GlobeNewswire Inc. • 1d ago
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Elevai Labs, a pharmaceutical company, has modified its existing license agreement with INmune Bio. The amendment revises the terms related to the technology transfer fee payable to INmune. The companies have updated the financial details of the agreement, which were not disclosed publicly.
Investing.com • 1d ago
Stocks Tech
Insiders have been buying shares in System1, Allied Gaming & Entertainment, and Earth Science Tech, all penny stocks under $2. The insider purchases indicate confidence in the companies' prospects.
Benzinga • 1d ago
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Microsoft's $1.5 billion investment in UAE-based AI firm G42 has drawn criticism from Republican lawmakers over the company's historical ties to China. Lawmakers have called for an intelligence assessment of the deal and expressed concerns about the transfer of sensitive technology.
Benzinga • 1d ago
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Joycelyn Carter Miller, a director at Arlo Technologies, Inc., sold 19,629 shares of the company's common stock for approximately $295,023. The sale was conducted under a Rule 10b5-1 trading plan, and Carter Miller still owns 121,144 shares, indicating continued interest in the company's performance.
Investing.com • 1d ago
News Tech
Priority Technology Holdings' Chief Strategy Officer Sean Kiewiet sold a significant number of shares, continuing a trend of insider sales over the past year. The stock is considered modestly undervalued based on the GF Value.
Investing.com • 2d ago
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SoFi Technologies (SOFI) shares are trading higher as inflation data came in cooler-than-expected, fueling hopes for interest rate cuts. The company is set to report Q2 earnings on July 30, with analysts expecting earnings of 1 cent per share and revenue of $580.648 million.
Benzinga • 2d ago
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Opendoor Technologies' Chief Legal Officer Sydney Schaub sold over $4.5k worth of company stock, representing a small fraction of her total holdings. Investors often monitor insider sales for insights, but the transaction may not indicate a change in company fundamentals.
Investing.com • 2d ago
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Goldman Sachs has downgraded Innoviz Technologies' stock from Buy to Neutral, citing a challenging environment for the lidar industry, slower-than-expected adoption of higher levels of vehicle autonomy, and ongoing price declines for lidar sensors.
Investing.com • 2d ago
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Pan Cancer T, a biotech startup, has raised €4.25 million in a Seed Extension round to advance its next-generation T cell therapies for solid cancer treatment. The funding will support preclinical studies and progress CMC activities for its lead TCR-T cell product, as well as the development of earlier-stage pipeline projects.
GlobeNewswire Inc. • 2d ago
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Asian tech and chipmaking stocks rose on Thursday, led by TSMC's strong monthly revenue figures that boosted optimism over AI-driven demand. Major tech and chipmaking companies in Asia, including SK Hynix, Sony, Mitsubishi Electric, and Semiconductor Manufacturing International Corp, saw their shares rise.
Investing.com • 2d ago
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Silver Lake executives have engaged in significant trading of Dell Technologies stock, with sales amounting to over $291 million. The transactions involved both sales and acquisitions of Dell's Class C Common Stock by various Silver Lake entities.
Investing.com • 2d ago
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Silver Lake, a major technology investor, has reported a series of transactions involving Dell Technologies shares, including both acquisitions and disposals. The transactions demonstrate significant activity by Silver Lake entities in the trading of Dell Technologies shares.
Investing.com • 2d ago
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Asia-Pacific shares rose as US markets hit new records, with the S&P 500 and Nasdaq Composite closing at all-time highs. Investor optimism around potential interest rate cuts drove the gains, with tech stocks like NVIDIA, Apple, and Microsoft performing well.
Investing.com • 2d ago
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US stock futures fell slightly as investors await upcoming inflation data, which could provide more cues on the Federal Reserve's interest rate policy. The S&P 500 and Nasdaq Composite reached record highs on Wednesday, driven by gains in technology stocks and positive comments from Fed Chair Jerome Powell.
Investing.com • 2d ago
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Australian shares are expected to rise on Thursday, following a surge in global equity markets overnight. Leading tech companies like NVIDIA, Apple, and Microsoft drove gains in the US, pushing the S&P 500 and Nasdaq Composite to record highs. European markets also experienced broad-based gains.
Investing.com • 2d ago
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Several companies saw stock movements after-hours, including Costco raising membership fees, Alcoa reporting strong earnings, and Citigroup being fined by regulators.
Investing.com • 2d ago
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U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average gaining 1.09%. The technology, basic materials, and industrials sectors led the gains.
Investing.com • 2d ago
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Micron Technology's stock is up over 50% year-to-date, driven by the AI rally and high demand for its memory chips. However, some analysts are skeptical about the ability of chipmakers to continue delivering large gains and advise investors to take profits and diversify.
Benzinga • 3d ago
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Albemarle Corporation's stock has plummeted due to a significant decline in lithium prices, with analysts downgrading their forecasts. The company's financial performance has been negatively impacted, and its stock has broken a key support level, suggesting a bearish trend.
Invezz • 3d ago
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Fortress Biotech CEO Dr. Lindsay A. Rosenwald has increased his stake in the company by purchasing $36.7k worth of Series A Cumulative Perpetual Preferred Stock. This move demonstrates the CEO's confidence in the company's future prospects.
Investing.com • 3d ago
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The article highlights five semiconductor companies that are key to the AI revolution: Nvidia, Advanced Micro Devices, Axcelis Technologies, Broadcom, and Micron Technology. These companies are powering the development of advanced AI models and applications through their innovative hardware and software solutions.
The Motley Fool • 3d ago
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Micron Technology benefits from the increasing memory and storage requirements in newer electronic devices and data centers. The article highlights three key things investors should know before deciding to buy Micron Technology stock.
The Motley Fool • 3d ago
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Samsung Electronics workers have declared an indefinite strike, escalating a pay dispute and posing a threat to global tech production. The strike could disrupt Samsung's efforts to convince Nvidia to use its high-bandwidth memory, and also impact Samsung's supply to tech giants like Apple and Alphabet.
Benzinga • 3d ago
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The iShares S&P 500 ETF (IVV) outperformed the ASX 200 in FY 2024, gaining 24.7% compared to the ASX 200's 7.8% rise. This was driven by the strong performance of the S&P 500 index, which benefited from the tech giants' gains and the cooling of inflation in the US.
The Motley Fool • 3d ago
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The 'Other 493' companies, outside the 'Magnificent 7' tech giants, are expected to show earnings growth in Q2, the first time in five quarters. This could broaden market gains as tech sector growth slows. Bank of America forecasts a conservative 2% beat on Q2 earnings, citing weak macroeconomic data.
Benzinga • 4d ago
Stocks Tech
Amazon stock shows strong bullish signals ahead of Prime Day, with technical indicators like EMAs, MACD, and Bollinger Bands suggesting continued upward momentum for the e-commerce giant.
Benzinga • 4d ago
News Tech
Broadcom is preparing for a 10-for-1 stock split, which is expected to make its soaring stock more accessible to a broader range of investors. The company's technical indicators, including moving averages and MACD, suggest continued bullish momentum, positioning it for a potentially strong performance in the coming months.
Benzinga • 4d ago
News Tech
The dentures market is expected to grow significantly due to factors like the aging population, increasing demand for aesthetics, and technological advancements. The market is dominated by partial dentures and removable dentures, with dental clinics and hospitals being the primary end-users.
GlobeNewswire Inc. • 4d ago
News Tech
The S&P 500 is heavily weighted towards a few tech giants like Microsoft and Nvidia, leading to concerns about market risks if these stocks underperform. Analysts recommend diversifying portfolios beyond the 'Magnificent Seven' tech stocks to sectors like financials, healthcare, and energy.
Investing.com • 4d ago
News Tech
Accenture has acquired true North Solutions, a firm specializing in operational technology solutions for the energy and mining sectors, to expand its expertise in this area and enhance the safety and efficiency of energy production and transportation for its clients.
Investing.com • 4d ago
News Tech
The article suggests considering Intel, Micron Technology, and ON Semiconductor as potential semiconductor stock investments, rather than buying the dip on Nvidia and Broadcom, which have recently split their stocks.
The Motley Fool • 4d ago
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Swvl Holdings Corp, a leading technology provider for enterprise and government mobility solutions, has announced the closing of a 5-year contract with telecom giant e& Egypt, with an approximate total value of up to $6.3 million. This partnership aims to redefine industry standards, drive societal impact, and pave the way for a more sustainable future in transit.
GlobeNewswire Inc. • 4d ago
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Japan's Nikkei 225 index reached a new record high of over 41,000 points, driven by gains in technology stocks and a weak yen boosting export-oriented companies.
Investing.com • 4d ago
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The Mesoblast share price is down 4.5% despite the company resubmitting its biologic license application for the approval of its Ryoncil product. The weakness could be due to profit-taking after a recent 285% surge in the share price.
The Motley Fool • 4d ago
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SolarEdge, a global leader in smart energy technology, has successfully issued $37 million in convertible senior notes due 2029. The company plans to use the funds for general corporate purposes and to cover the cost of additional capped call transactions.
Investing.com • 4d ago
News Tech
The U.S. financial markets experienced significant developments in the week of July 1 through July 5, 2024, with major indices reaching new all-time highs. The tech and communications sectors drove market performance, while defensive sectors like utilities and staples also performed well. The cryptocurrency market saw volatility, and oil prices continued to rise.
Benzinga • 5d ago
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The article analyzes the latest options trading trends for Moderna, a commercial-stage biotech company. It finds that financial giants have made a bullish move on Moderna, with 50% of traders showing bullish tendencies and 40% bearish. The article also provides insights into the volume and open interest trends for Moderna's options.
Benzinga • 5d ago
News Tech
Newegg Commerce shares are trading higher by 9.4% after the company announced the presale for its tenth annual FantasTech Sales event is now live, offering deals and price protection for early buyers.
Benzinga • 5d ago
News Tech
The article explores the parallels between the current AI boom and the dotcom bubble of the late 1990s, highlighting the surge in investor enthusiasm for revolutionary technology and the potential risks of excessive hype and unchecked speculation.
Investing.com • 5d ago
News Tech
Ormat Technologies, a leading renewable energy company, announced that it will publish its second quarter 2024 financial results on August 6, 2024, and host a conference call on August 7, 2024, to discuss the results.
GlobeNewswire Inc. • 5d ago
News Tech
The report discusses the importance of B2B event marketing, the challenges in measuring ROI, and the use of technology and AI to enhance event experiences and integrate events into broader marketing strategies.
GlobeNewswire Inc. • 5d ago
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A class action lawsuit has been filed against Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) on behalf of investors who purchased securities between November 15, 2023 and May 29, 2024. The lawsuit alleges that the company made false and/or misleading statements about its reliance on exclusive sales to SunPower Corp. and its inability to 'aggressively ramp sales' after the termination of a supply agreement, leading to a substantial decline in revenue and a 'serious cash flow' crisis.
GlobeNewswire Inc. • 5d ago