Month: September 2023

It’s time to buy back into semiconductor stocks. With surging AI-centric advancements, and a potential quantum computing boom to boot, the industry is seeing a massive revival. For an idea of just how strong, look at the Vaneck Semiconductor ETF (NASDAQ:SMH). The ETF, which counts Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) as some of its biggest
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Ontario Teachers Pension Plan Board increased its position in shares of Edison International (NYSE:EIX – Free Report) by 270.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 56,015 shares of the utilities provider’s stock after acquiring an additional 40,898
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StockNews.com started coverage on shares of LightPath Technologies (NASDAQ:LPTH – Free Report) in a research note issued to investors on Sunday. The brokerage issued a hold rating on the technology company’s stock. Separately, LADENBURG THALM/SH SH began coverage on shares of LightPath Technologies in a report on Friday, June 30th. They set a buy rating
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Traders work on the floor of the New York Stock Exchange, July 12, 2023. Brendan Mcdermid | Reuters Check out the companies making headlines in midday trading. Oracle — Shares dipped more than 12% a day after the software company posted disappointing earnings and revenue guidance for its fiscal second quarter. Oracle’s revenue, which came in at
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Last week, Apple (NASDAQ:AAPL) encountered a notable disturbance following reports of a ban imposed on Chinese government officials using iPhones. China’s Apple iPhone ban has sent shockwaves across the financial realm, leading to a consecutive two-day decline in Apple’s stock value. The consequences of this situation hold significant weight, especially given the country’s pivotal role as one of Apple’s
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Snow Lake Management LP purchased a new position in shares of PDD Holdings Inc. (NASDAQ:PDD – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 300,000 shares of the company’s stock, valued at approximately $22,770,000. PDD makes up approximately 13.5%
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Qualcomm CEO Cristiano Amon. Carlo Allegri | Reuters Check out the companies making headlines in premarket trading Monday. Tenable Holdings — The exposure management solutions provider rose 3% before the market opened following an upgrade to overweight from neutral at JPMorgan. The bank said the company is positioned to see better business fundamentals in the
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Transcontinental (TSE:TCL.A – Free Report) had its target price decreased by CIBC from C$18.00 to C$17.00 in a research note published on Friday morning, BayStreet.CA reports. CIBC currently has an outperform rating on the stock. Separately, Royal Bank of Canada cut their target price on Transcontinental from C$20.00 to C$19.00 and set an outperform rating
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Trey Lockerbie sits down with Logan Allin, the Managing General Partner and founder of Fin. Fin is a VC firm that now has 10 unicorn portfolio companies, some of which have IPO’ed and are over $1B in AUM. IN THIS EPISODE, YOU’LL LEARN: 01:00 – What Logan Allin Learned in Playing Chess That He Was
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Thomas Barwick | Digitalvision | Getty Images Huntington Beach, California Over 2,500 investors and financial advisors have descended on Huntington Beach, California — a.k.a. Surf City USA —for a financial conference.  A financial conference on a beach? In Huntington Beach, home to nine miles of shoreline and the world center of beach volleyball?  Yep.  And I
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