Seeking catalyst driven opportunity
Commodities led widespread rallies in March for the major asset classes based on a set of ETFs. US assets posted the only losses last month, with American shares leading on the downside. The iShares S&P GSCI Commodity-Indexed Trust (NYSE:) rose 2.6%, posting March’s strongest return. …
GlobalFoundries Inc. GFS is considering a potential merger with Taiwanese chipmaker United Microelectronics Corp. UMC. GlobalFoundries’ incoming CEO Tim Breen has been open to considering deal options, including a possible tie-up with UMC, Bloomberg reported, citing unnamed sources familiar with the matter. The U.S. chipmaker has a …
While President Donald Trump hammers home an economic policy with an array of tariffs, he may face an unintended consequence: a nationwide toilet paper shortage. If so, the event would spark painful memories of COVID-19. Such an outcome might benefit consumer goods giant Kimberly-Clark Corp …
Breakthroughs breathe new life into legacy systems as agencies look for platforms to safely run AI models with sensitive data, ISG Provider Lens™ report says State and local governments in the U.S. are reevaluating mainframes as strategic assets and revisiting choices between reengineering and cloud …
Riding on a strong demand for hybrid cloud and AI (artificial intelligence) products, International Business Machines Corporation IBM has surged 31.7% over the past year against the industry’s decline of 17.2%, outperforming peers like Microsoft Corporation MSFT and Amazon.com, Inc. AMZN. Despite the rising adoption …
[content-module:CompanyOverview|NASDAQ:AMD] Advanced Micro Devices (NASDAQ: AMD) announced game-changing news. It will now integrate Rapt.AI into all its MI300X, MI325X, and soon-to-be-released MI350 line of GPUs. The integration is critical to Advanced Micro Devices’ AI market position because it will help unlock the full potential of …
The US stock market is currently experiencing one of its sharpest corrections in recent history, driven by uncertainty around trade policy and declining economic growth forecasts. President Donald Trump’s frequent shifts in international tariff rhetoric have left businesses and investors navigating a rapidly changing landscape. …
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the T. Rowe Price Capital Appreciation Equity ETF, which added 14,400,000 units, or a 13.7% increase week over week. Among the largest underlying …
This Week’s Earnings Calendar In November 2023, Javier Milei was elected President of Argentina, running as a libertarian and securing a decisive victory. An economist by background, Milei campaigned on promises of aggressive economic reform, vowing to cut government spending and deregulate the economy. His …
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock’s price, but are they really important? Let’s take a look at what these Wall …