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Texas Instruments names insider Julie Knecht as finance chief
Reuters74d agoneutral
Texas Instruments names insider Julie Knecht as finance chief

Texas Instruments on Tuesday named insider Julie Knecht as its finance ‌chief, succeeding Rafael Lizardi, who will retire ‌after 25 years with the analog chipmaker. Knecht, currently chief ​accounting officer and vice president of accounting and tax, will assume the role on August 1, while Lizardi will take an advisory role through ‌Aug. 31 to ⁠support the transition. CEO Haviv Ilan said Lizardi helped steer the company's capital ⁠allocation strategy, including investments in 300-millimeter manufacturing capacity and a focus on returning free cash flow ​to shareholders.

Investing.com92d agoneutral
Will this be the first analog stock to hit $1tn market cap?

Investing.com -- Stifel raised its price target on Texas Instruments to $340 from $290 after meetings with the company’s investor relations team pointed to a broadening industrial recovery and a fast-growing data center business that the broker believes could carry the chipmaker to a trillion-dollar valuation.

Stocks Settle Higher on Strong Earnings
Barchart96d agoneutral
Stocks Settle Higher on Strong Earnings

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...