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Intel Is Maintained at Neutral by Cantor Fitzgerald
(14:29 GMT) Intel Price Target Raised to $150.00/Share From $90.00 by Cantor Fitzgerald
Reflecting On Processors and Graphics Chips Stocks’ Q1 Earnings: Allegro MicroSystems (NASDAQ:ALGM)
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the processors and graphics chips industry, including Allegro MicroSystems NASDAQ:ALGM and its peers.The biggest demand drivers for processors (CPUs) and graphics chips at the moment a…
What's good for the US economy now may not be good for stocks
By Caroline Valetkevitch and Karen BrettellThe U.S. economy and the U.S. stock market are starting to go their own ways.An eventful June featuring the launch of the record-busting SpaceX NASDAQ:SPCX IPO and Federal Reserve chief Kevin Warsh's first meeting has been full of contradictions.U.S. econo…
SpaceX Has Real Value—But These 3 Stocks Have Better Odds Right Now
The SpaceX IPO has investors asking a reasonable question: at a valuation somewhere between $1 trillion and $2 trillion, is the hype real, or is the market getting ahead of itself? Rob Spivey and Joel Litman of Altimetry Research say the answer is both—and that for most investors, there are cleaner…
Stock Indexes Finish Lower as Chipmakers Sell Off
The S&P 500 Index AMEX:SPY on Friday closed down -0.05%, the Dow Jones Industrial Average AMEX:DIA closed down -0.09%, and the Nasdaq 100 Index NASDAQ:QQQ closed down -1.09%. September E-mini S&P futures (ESU26) fell -0.12%, and September E-mini Nasdaq futures (NQU26) fell -1.19%.Stock indexes sett…