Business

(Bloomberg) — The way Jeff deGraaf sees it, hedge funds that sold a record amount of Chinese shares earlier this week toward the end of the CSI 300’s 10-day, 35% surge are in for a world of regret. Most Read from Bloomberg In fact, says the co-founder and chief executive …

Advanced Micro Devices (NASDAQ: AMD) stock lost ground Thursday following the company’s Advancing AI conference. The semiconductor specialist’s share price ended the day down 4%. AMD’s Advancing AI conference delivered new product reveals and promising sales indicators, and the pullback for the company’s stock is likely a reflection of “buy …

While large-scale insider sales don’t necessarily mean a publicly traded company’s management is abandoning ship, they generally don’t inspire investor confidence. News of such a divestment hit Medical Properties Trust (NYSE: MPW) on Thursday, and the resulting sell-off saw the shares lose slightly more than 4% of their value. A …

(Bloomberg) — Advanced Micro Devices Inc. suffered its biggest stock decline in more than a month after the company unveiled new artificial intelligence chips but didn’t provide hoped-for information on customers or financial performance. Most Read from Bloomberg The stock slid 4% to $164.18 on Thursday, making the biggest single-day …

Access to this page has been denied because we believe you are using automation tools to browse the website. This may happen as a result of the following: Javascript is disabled or blocked by an extension (ad blockers for example) Your browser does not support cookies Please make sure that …

Shares of solar panel manufacturer First Solar (NASDAQ: FSLR) are down more than 9% headed into Thursday’s close, upended by an analyst’s lowered price target, the second such revision this week. Another solar power stock was also sent markedly lower today by a different analyst’s downward price target adjustment for …

Peter Schiff Encourages MicroStrategy Founder Micheal Saylor To ‘Borrow’ Another $4.3B To Buy Bitcoin That US Plans To Sell Renowned economist Peter Schiff poked fun at Michael Saylor, recommending that the MicroStrategy Inc. (NASDAQ:MSTR) boss buy the huge stash of Bitcoin (CRYPTO: BTC) that the U.S. government planned to sell. …

Super Micro Computer (SMCI) stock fell 2.5% Thursday after rallying as much as 9% the day before, continuing its rollercoaster ride of a week as investors swing between optimism over the company’s strong financials and cautiousness over its regulatory risks. Super Micro is reportedly being investigated by the Department of …

One of Ratan Tata‘s most ambitious projects was undoubtedly the Nano which was perhaps one that was closest to his heart. The car, which was conceptualised by Tata in the early 2000s, was aimed at providing middle-class Indians with a safe, and affordable four-wheeler. “What really motivated me, and sparked …

(Bloomberg) — It had all the hallmarks of a corporate raider gearing up for a hostile takeover of The Container Store Group Inc., a home-goods retailer whose stock cratered after a fleeting surge during the pandemic daytrading frenzy. Most Read from Bloomberg A Florida investor was quietly snapping up the …