U.S. semiconductor manufacturer Intel Corp. saw its stock jump by more than 9% on Friday. The rally has been associated with recent rumors about a potential takeover.
Tech-based outlet SemiAccurate recently reported about an email in which an unnamed company expressed interest in acquiring Intel...
U.S. stocks dipped on Friday amid a surprising jobs report that will likely cause the Federal Reserve to proceed cautiously with interest rate cuts. All three major indexes—the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite—finished the week in the red.
Benchmark S&P 500...
Electric vehicle maker Lucid delivered a record number of cars in the fourth quarter, according to a report released by the company. This resulted in the company’s stock soaring 9% at one point in early trading.
Lucid said it delivered 3,099 vehicles in the quarter...
U.S. stocks jumped on Friday after a sluggish start to the year. The benchmark S&P 500 and tech-heavy Nasdaq Composite managed to snap a five-day losing streak, although they still finished the week in the red.
S&P 500 jumped by 1.26% or 73.92 points to...
The U.S. stock market performed poorly on Friday, being dragged down by big tech stocks. Despite this, all three major indexes finished the week in the green.
The S&P 500 shed 1.11% or 66.75 to close at 5,970.84 points. The benchmark index still finished with...
iPhone maker Apple currently stands as the world’s most valuable company, with a market cap of $3.90 trillion. However, according to Wedbush Securities, the company will reach new heights in 2025 and become the first one to reach a $4 trillion valuation.
In a research...