Samsung Says It Will Build $17B Chip Factory in Texas
Samsung said it plans to build a $17 billion semiconductor factory in Texas amid a global shortage of chips used in phones, laptops, cars and other electronic devices.
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Amazon to Cut Down Plastic Packaging in Germany
Amazon says it plans to cut the use of plastic packaging in Germany following complaints that the online retailer is contributing to growing mountains of waste.
Coal-Fired Power Plants to Close After New Wastewater Rule
Climate change isn’t what’s driving some U.S. coal-fired power plants to shut down — instead it’s the expense of stricter pollution controls on their wastewater.
Dems Confident on Methane Fee as Budget Bill Moves to Senate
A huge social and environmental policy bill passed by House Democrats includes a plan to impose a fee on emissions of methane.
Asian markets mixed as investors’ focus shifts to inflation
Stocks fall in Tokyo and Hong Kong
Alibaba stock slide continues: Analyst sees ‘few near-term positive catalysts’ but upcoming event could reset expectations
Macro conditions are weighing on Alibaba shares, but upcoming investor day event could put some focus on growth initiatives, says analyst
GameStop Corp. Cl A stock rises Friday, outperforms market
Shares of GameStop Corp. Cl A GME, +8.89% rose 8.89% to $228.80 Friday, on what proved to be an all-around rough trading session for the stock market, with the S&P 500 Index SPX, -0.14% falling 0.14% to 4,697.96 and Dow Jones Industrial Average DJIA, -0.75% falling 0.75% to 35,601.98. This was the stock’s third consecutive day of gains. GameStop Corp. Cl A closed $254.20 below its 52-week high ($483.00), which the company achieved on January 28th.
Here’s what history says about stock-market performance during the Thanksgiving week
Will it be gobble, gobble for U.S. stock-market investors during the Thanksgiving week or an overdose of tryptophan?
Trimble Inc. (NASDAQ:TRMB) Short Interest Up 20.6% in October
Trimble Inc. (NASDAQ:TRMB) was the recipient of a large growth in short interest during the month of October. As of October 29th, there was short interest totalling 2,980,000 shares, a growth of 20.6% from the October 14th total of 2,470,000 shares. Based on an average trading volume of 1,090,000 shares, the days-to-cover ratio is presently 2.7 days. Currently, 1.2% of the company’s stock are sold short.
Okta, Inc. (NASDAQ:OKTA) Given Consensus Rating of “Buy” by Analysts
Okta, Inc. (NASDAQ:OKTA) has received an average rating of “Buy” from the twenty-eight brokerages that are covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is $292.58.
AMD boosts its outlook for AI revenue, but stock still falls
McDonald’s Plans to Step up Deals and Marketing to Combat Slower Fast Food Traffic
Wall Street’s Ugly April Gets Even Worse as It Tumbles Across the Finish Line
Shares of TransMedics Touch New High in After-Hours Trading, 1Q Results Top Expectations
Gilead Sciences, Inc. (NASDAQ:GILD) Sees Significant Drop in Short Interest
Beck Bode LLC Invests $3.49 Million in Halliburton (NYSE:HAL)
Russell Investments Group Ltd. Reduces Position in General Mills, Inc. (NYSE:GIS)
Truist Financial Corp Sells 50,008 Shares of Colgate-Palmolive (NYSE:CL)
Poland Is Still Not Ready to Adopt the Euro, Its Finance Minister Says
World Court Rejects Emergency Measures Over German Arms Exports to Israel