Category: stocks

After the Intel crash, I looked into some other stocks and notixed that AMD is down 20% in the past 6 months. After some googling, I found that many publications are hyping it, and that it's 6% up this week. I feel like moving some of my underperforming Amazon stocks into AMD could be the…

Sources: Deals and IPOs Intel to buy driverless technology firm Mobileye for $15.3 billion Published Mon, Mar 13 20177:49 AM EDT https://www.cnbc.com/2017/03/13/intel-to-buy-mobileye-for-14-billion-to-15-billion-israeli-media-report.html IPO Started with 17B valuation: https://www.cnbc.com/2022/10/26/mobileye-pops-more-than-30percent-in-ipo-after-spinning-out-of-intel.html Some have speculated that MBLY listing was for the benefit of employees to sell their stock awards if they need cash. Others suggested it was a way…

Family-owned candy giant Mars, whose brands include M&M’s and Snickers, said on Wednesday it would buy Cheez-It and Pringles maker Kellanova in a nearly $36 billion deal, making it the biggest deal in the packaged food industry. Mars will pay $83.50 per share in an all-cash deal for Kellanova, representing about a 33% premium to…

How do you think the Alphabet breakup proposal will go over? Do you think this is a guaranteed thing, or do you think it will get shot down in appeals? Do you believe this will trickle down into other companies like MSFT, Apple etc? Any opinions are appreciated, thanks

Alibaba missed top and bottom line expectations for the June quarter of 2024 as it continues to face headwinds in its core e-commerce business amid rising competition and a cautious Chinese consumer. Shares of Alibaba fell around 3.49% at 06:58 a.m. in premarket trade in the U.S. Here’s how Alibaba did in the June quarter…

Cisco shares popped 6% in extended trading on Wednesday after the networking company said it’s cutting 7% of its global workforce and reported quarterly results that topped analysts’ estimates. Here are the key numbers: Earnings: 87 cents per share, adjusted, vs. 85 cents per share estimate, adjusted, according to LSEG. Revenue: $13.64 billion vs. $13.54…

Walmart raised its forecast for the year on Thursday, as quarterly revenue grew nearly 5%, the company’s stores and website drew more visits and sales outside the grocery department improved. The discounter beat Wall Street’s expectations for sales and profits. Walmart said it now expects sales to rise by 3.75% to 4.75% for the full…

Two new economic data showed recession worries are overblown: Retail sales rose 1% in July, above the expected 0.4%. Filings for unemployment insurance fell more than expected last week with 227,000 (vs, 235,000 expected) initial jobless claims filed in the week ending August 10th, down from 234,000 the week prior. “There was almost nothing in…

Starbucks offered incoming CEO and Chair Brian Niccol a pay bump and hefty one-time awards to lure him from his prior role as chief executive at Chipotle Mexican Grill. Niccol officially takes the reins at the embattled coffee chain on Sept. 9. As CEO, he’ll be tasked with turning around the company’s slumping sales, improving…

This is the daily discussion, so anything stocks related is fine, but the theme for today is on stock options, but if options aren't your thing then just ignore the theme. Some helpful day to day links, including news: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market…