Advanced Micro Devices Inc. went against the grain this past week as shares not only outperformed AI-rivals like Nvidia Corp. on Friday, but finished the week higher when the rest of the sector sold off. AMD AMD, +2.36% shares rose 2.4% Friday to close at $115.82, or for a 2.6% …
Devamını oku »Federal judge narrows Google antitrust suit as trial set for next month
A federal judge on Friday narrowed a major antitrust case against Alphabet’s Google ahead of the trial expected to begin next month. U.S. District Judge Amit Mehta rejected part of the argument made in a 2020 suit by a bipartisanship group of 38 state attorneys general who argued the search …
Devamını oku »U.S. stocks see post-jobs report pop fade as S&P 500, Nasdaq struggle to snap 3-day losing streak
U.S. stocks ended lower Friday, with the S&P 500 and Nasdaq Composite seeing their fourth straight day of losses for their longest losing streak since early May, as investors parsed the July jobs report from the Department of Labor and Big Tech earnings from Amazon and Apple. How stock indexes …
Devamını oku »Should we wait for the tenants to leave before listing our New York City rental?
Dear Big Move, My husband and I own a home in New York City. We’d like to sell it, but we have to give the current tenants until about the end of the month to move. The home is located in Staten Island. It’s a single-family, fully-detached home with a …
Devamını oku »Amazon shares rally 10%, but Apple’s dip, and other stocks on the move
Tupperware Brands Corp.’s stock TUP, +42.90% rallied 50% after the beleaguered maker of iconic food containers announced a debt restructuring agreement. Shares of Cloudflare Inc. NET, +7.67% surged more than 8% after the cybersecurity company’s earnings and forecast topped Street estimates. DaVita Inc. shares DVA, +6.70% rallied 7% after the …
Devamını oku »AMC Q2 results on deck amid strong box office, strikes, stock-conversion battle
AMC Entertainment Holdings Inc. reports second-quarter results after market close on Aug. 8 amid strong box-office trends and challenges in the shape of Hollywood strikes and the company’s ongoing stock-conversion battle. “Theatrical exhibition is on the path to normalization, with an improving release slate in 2023,” Wedbush analyst Alicia Reese …
Devamını oku »Traeger stock rallies 21% after company beats Q1 sales expectations
Traeger reported higher-than-expected revenue in its latest quarter on Wednesday as additional price hikes helped offset a drop in units sold due to lower consumer demand for its grills. The company COOK, -7.00% posted a first-quarter net profit of $8 million, or 7 cents a share, compared with a loss …
Devamını oku »PayPal’s stock falls as earnings beat, but a margin metric misses
PayPal Holdings Inc. edged above expectations with its quarterly revenue and earnings outlook Wednesday, though the company fell short of a margin metric for the latest quarter due to dynamics within its credit business. The payments company reported second-quarter net income of $1.03 billion, or 92 cents a share, whereas …
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