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ON Semiconductor said Synaptics’s AI compute platform, human-machine interface technology, and connectivity solutions would help it meet demand for increasingly capable AI solutions that can interact with the physical world.
Micron Technology predicts that memory-chip shortages will persist until at least 2028. Micron stock jumped Thursday after its strong Q3 report.
The company expects revenue to grow 4% to 6% for June 1 to Dec. 31, and said the outlook reflects its confidence in the underlying strength of the business..
Adobe announced a definitive agreement to acquire Topaz Labs. But does this deal warrant buying ADBE shares? Let’s find out!
Eric Criscuolo, NYSE Market Strategist, recaps a volatile week as the S&P 500 declined amid weakness across mega-cap and AI-linked names. A growing divide within the AI trade emerged, with hyperscalers and software under pressure while memory and chip suppliers saw sharp swings. Despite index weakness, market internals held firm, with eight sectors higher and small caps outperforming. Rotation into Healthcare and Financials accelerated alongside falling oil prices, easing yields, and shifting Fed expectations. Focus now turns to quarter-end flows, key data including payrolls, and evolving AI spending trends.
JPMorgan Chase promoted Doug Petno and Troy Rohrbaugh to co-presidents. In addition, Marianne Lake, a longtime lieutenant to Chairman and Chief Executive Jamie Dimon, is retiring. The moves mark another twist in the saga of who will replace Dimon, who turned 70 this year.
Onsemi said on Thursday it had agreed to acquire Synaptics in an all-stock deal valued at about $7 billion, potentially broadening the chipmaker's presence in the fast-growing market for AI-enabled devices Shares of Onsemi fell about 7.4% in extended trading, while those of Synaptics were down 0.5%. Under the terms of the agreement, Synaptics shareholders will receive 1.350 shares of onsemi common stock for each Synaptics share. This exchange ratio represents a 19% premium based on the 10-day volume-weighted average closing prices of both companies' stocks.
US equity indexes were mixed on Thursday after Micron Technology's (MU) better-than-expected quarter
IPOs are the new meme stocks, surging to record highs before crashing below their debut prices in a matter of days.
WesBanco has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 10.9% to $37.87 per share while the index has gained 6.3%.
Caterpillar (NYSE: CAT) has been one of the more surprising mega-cap winners of 2026, riding a record backlog, AI-driven power generation demand, and aggressive capital returns to fresh highs. With the stock now changing hands above $1,038, the question is whether the next leg requires fresh fundamental fuel or a pause. Our 24/7 Wall St. ... Caterpillar Soars But Analysts Remain Cautious
Nick Nefouse, Global Head of Retirement Solutions and Head of LifePath at BlackRock joined Bloomberg Businessweek Daily to discuss their latest retirement survey, and retirement readiness. Nick said people that are approaching retirement need something more than stock and bond portfolios.
TECHnalysis Research President Bob O'Donnell joins Josh Lipton on Market Domination to break down Micron's (MU) strong earnings beat and what it could mean for a broader tech rally rebound.
A real-estate transformation is under way in Lead, where luxury estates are replacing miners’ cabins and standard homes.
(Bloomberg) -- I-Pulse Inc. will receive $250 million in US funding for semiconductor and pulsed-power development as the venture co-founded by Robert Friedland joins American efforts to reduce reliance on foreign-chip supply chains.Most Read from BloombergInvestor Who Scored 900% Win in 2008 Crisis Has New Big Short BetApple Shares Sink After Sweeping Price Hikes Hit iPads and MacsStocks Whipsaw as Micron Surges While Apple Sinks: Markets WrapGrand Ole Opry House Up For Sale by Owner Ryman Hosp
Banks have been going on a dividend spree after sailing through the Federal Reserve’s latest stress test. Major banks rushed to announce increased dividends and buyback programs after acing the Fed’s latest test of their financial health. JPMorgan Chase Morgan Stanley Citigroup and Goldman Sachs all announced divided increases, while JPMorgan Chase and Morgan Stanley also detailed new buyback initiatives.
BlackRock (NYSE: BLK) was among the first Wall Street giants to launch a U.S. spot exchange-traded fund (ETF) tied to Bitcoin (BTC) in January 2024. Called iShares Bitcoin Trust (Nasdaq: IBIT), the fund tracks the price of the leading cryptocurrency and provides investors indirect ...
Investing.com -- SpaceX plans to start building an eight-mile natural gas pipeline next month to supply its Texas launch facilities, according to county filings. The pipeline, named Starpipe, will support launches of the company's Starship rocket.
JPMorgan on Thursday promoted Doug Petno and Troy Rohrbaugh to be co-presidents of the firm, named them CEOs of the bank’s two biggest businesses and gave them $30 million retention bonuses to stay around.
US stocks (^DJI, ^IXIC, ^GSPC) search for direction ahead of Thursday's session close, while Micron Technology (MU) holds onto gains following its massive earnings beat yesterday. Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at the day's market moves, Big Tech stocks, and how Micron's stock gains may be impacting Apple (AAPL).
Rosen Law Firm has launched an investigation into Strategy (MSTR), while Arkham argues STRC’s decline differs fundamentally from Terra’s LUNA collapse.
June 25 (Reuters) - Ares Management again capped withdrawals at its flagship private credit fund after redemption requests rose in the second quarter, according to a filing released Thursday.
Wall Street could still be underestimating Nvidia and overestimating AMD.
The “Dow curse” now favors Verizon over Alphabet.
Apple on Thursday announced an increase in prices for Macs and iPads, citing a memory chip shortage brought on by the artificial intelligence boom. The Cupertino, California-based company called the demand spike an “unprecedented challenge” for the consumer electronics industry.
AI Memory Demand Looks Stronger Than Feared
Over the last six months, Graco’s shares have sunk to $74.99, producing a disappointing 10.1% loss - a stark contrast to the S&P 500’s 6.3% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation.
Lockheed Martin (NYSE:LMT) is a stock worth owning for decades because its revenue is effectively underwritten by the U.S. government and a global alliance system that does not negotiate down its threat environment to suit a recession. For a retirement investor who has already paid tuition chasing momentum, it fits the profile of a long-duration ... 1 Rare Dividend Stock Built to Survive Any Recession
Strategy, the bitcoin-hoarding firm founded by Michael Saylor, is tumbling and on track to close at its lowest level in more than two years. It has fallen for seven consecutive days, marking its worst seven-day losing streak since the depths of the crypto winter in November 2022. This steep discount severely limits Strategy’s ability to issue new preferred capital to fund its bitcoin purchases.
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