Text size Buying VMware would strengthen Broadcom’s position in cloud computing. Dreamstime.com Shares of cloud computing provider VMware were surging Monday after reports said Broadcom was in talks to buy…
Tag: Stock
Costco Stock: Why It Remains a Great Investment
The market crash has driven stocks into a bear market panicking many investors as strong companies with solid results see their shares tank. It’s a market that seems to have…
Roku Stock is Repricing and Resetting Itself
Streaming platform and hardware provider Roku (NASDAQ: ROKU) stock has tumbled (-58%) for the year and over (-70%) since hitting its all-time high of $490.76 on July 19, 2021. The…
Tesla stock pops as Elon Musk hints he could scrap Twitter deal
No Twitter (TWTR) deal for Elon Musk would mean more love and attention for his prized asset Tesla (TSLA) — at least that’s how investors are reading it on Tuesday.…
Microsoft Will Boost Pay and Stock Compensation to Retain Employees
(Bloomberg) — Microsoft Corp. plans to “nearly double” its budget for employee salary increases and boost the range of stock compensation it gives some workers by at least 25%, an…
Switzerland’s Central Bank Bought Apple, AMC, Tesla, and Rivian Stock
Text size Apple stock is holding up better than the broader market. Gabby Jones/Bloomberg The central bank of Switzerland increased positions in some of its largest U.S.-traded equity investments in…
Largest U.S. Pension Bought AMC, AMD, and Block Stock. It Sold Netflix.
Text size An AMC box office. Jeenah Moon/Bloomberg The largest public pension in America loaded up a high-profile meme stock, and tech stocks, and cut back on a streaming giant…
Stock futures rise as indexes aim to pare weekly losses
U.S. stocks gained Friday, shaking off some losses from earlier this week after concerns over persistent inflation and the resilience of the U.S. economy stirred up further volatility in recent…
Apple Stock Has Broken Down. That’s Bad for the Market.
Text size Apple’s flagship store in Beijing is closed to prevent the spread of Covid-19. Kevin Frayer/Getty Images Apple stock has broken below a key level. That’s an ominous sign…
SoFi stock falls, trading halted after fintech firm accidentally releases Q1 report
Shares of SoFi fell sharply on Tuesday and were halted for nearly three hours after the company accidentally released its first-quarter results early. The company said the report, which was…