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Market News
Latest financial news and analysis from global markets
INTC
Nike Stock Is Down 76% From Its High. Is It Too Late to Buy, or Right on Time?
The company is in the midst of a recovery, but does that work in the investor's favor?
NKE
Nike Stock Is Down 76% From Its High. Is It Too Late to Buy, or Right on Time?
The company is in the midst of a recovery, but does that work in the investor's favor?
INTC
Amazon vs. Shopify: Which E-Commerce Giant Will Make You Richer?
Amazon remains the industry's powerhouse, but consumers' preferences are shifting in a way that only works to one of these outfits' advantage.
SHOP
Amazon vs. Shopify: Which E-Commerce Giant Will Make You Richer?
Amazon remains the industry's powerhouse, but consumers' preferences are shifting in a way that only works to one of these outfits' advantage.
AMZN
Amazon vs. Shopify: Which E-Commerce Giant Will Make You Richer?
Amazon remains the industry's powerhouse, but consumers' preferences are shifting in a way that only works to one of these outfits' advantage.
NVDA
Amazon vs. Shopify: Which E-Commerce Giant Will Make You Richer?
Amazon remains the industry's powerhouse, but consumers' preferences are shifting in a way that only works to one of these outfits' advantage.
NVDA
Meta extends Broadcom deal to power AI across its apps
<body><p>STORY: :: Meta</p><p>Meta is expanding its deal with chip designer Broadcom to build several generations of custom processors to power AI features across its apps.</p><p>The deal announced Tuesday extends their partnership through 2029.</p><p>:: Meta</p><p>It includes an initial commitment of more than one gigawatt of computing capacity – enough to power roughly 750,000 U.S. homes.</p><p>The agreement also brings a boardroom change.</p><p>Broadcom CEO Hock Tan will step down from Meta’s board and take on an advisory role focused on custom chip strategy, according to a joint statement.</p><p>Meta chief Mark Zuckerberg said the deal helps build the computing backbone needed to supply “personal superintelligence to billions of people.”</p><p>:: Meta</p><p>As AI drives soaring demand for computing, tech giants such as Meta, Google and Amazon are designing their own silicon to reduce reliance on Nvidia's expensive processors.</p><p>That shift has been a major boost for Broadcom, which develops custom chips and supplies infrastructure software.</p><p>Its shares were up 3.5% in extended trading, while those of Meta were little changed.</p></body>
AVGO
Meta extends Broadcom deal to power AI across its apps
<body><p>STORY: :: Meta</p><p>Meta is expanding its deal with chip designer Broadcom to build several generations of custom processors to power AI features across its apps.</p><p>The deal announced Tuesday extends their partnership through 2029.</p><p>:: Meta</p><p>It includes an initial commitment of more than one gigawatt of computing capacity – enough to power roughly 750,000 U.S. homes.</p><p>The agreement also brings a boardroom change.</p><p>Broadcom CEO Hock Tan will step down from Meta’s board and take on an advisory role focused on custom chip strategy, according to a joint statement.</p><p>Meta chief Mark Zuckerberg said the deal helps build the computing backbone needed to supply “personal superintelligence to billions of people.”</p><p>:: Meta</p><p>As AI drives soaring demand for computing, tech giants such as Meta, Google and Amazon are designing their own silicon to reduce reliance on Nvidia's expensive processors.</p><p>That shift has been a major boost for Broadcom, which develops custom chips and supplies infrastructure software.</p><p>Its shares were up 3.5% in extended trading, while those of Meta were little changed.</p></body>
LULU
Texas PFAS Probe Tests Lululemon Brand Strength And Investor Confidence
Texas has opened a formal investigation into lululemon athletica over potential use of PFAS chemicals in its apparel and related safety claims. The probe focuses on whether consumers were misled about product safety and the potential presence of so called forever chemicals. Lululemon has publicly denied ongoing PFAS use in its products and stated it is cooperating fully with investigators. The investigation comes at a time when NasdaqGS:LULU is trading at $160.6, with the share price down...
BMY
Is It Too Late To Reassess Bristol Myers Squibb (BMY) After Its Recent Share Price Rebound
Wondering if Bristol-Myers Squibb at around US$58 a share still offers value, or if the easy gains are already behind it? This breakdown is built to help you answer that for yourself. The stock has returned 0.7% over the last 7 days, is down 1.7% over 30 days, but sits at 8.6% year to date and 22.0% over 1 year, while the 3 year and 5 year returns sit at a 5.0% decline and 7.5% respectively. Recent price moves are set against ongoing attention on Bristol-Myers Squibb's pipeline, patent cycle...
PFE
UBS Adjusts Pharma Outlook, Increases Pfizer (PFE) Price Target
Pfizer Inc. (NYSE:PFE) is included among the 14 Value Stocks with Highest Dividends. On April 13, UBS Group AG raised its price recommendation on Pfizer Inc. (NYSE:PFE) to $27 from $25. It maintained a Neutral rating on the shares. The update came as part of the firm’s Q1 preview for the pharmaceuticals and biotechnology group, […]
KMB
Barclays Cuts Kimberly-Clark (KMB) PT to $99 on Input Cost Pressures
Kimberly-Clark Corporation (NASDAQ:KMB) is included among the 14 Value Stocks with Highest Dividends. On April 14, Barclays analyst Lauren Lieberman lowered the firm’s price recommendation on Kimberly-Clark Corporation (NASDAQ:KMB) to $99 from $105. It reiterated an Equal Weight rating on the shares. The firm adjusted targets across the consumer staples group as part of its […]