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(Reuters) -New York Community Bancorp will rename itself as Flagstar Financial, the U.S. regional lender said on Tuesday, amid efforts to turn around its struggling business. The bank came under pressure after it reported in January increased stress in its commercial real estate portfolio that also rekindled concerns over the …

Nvidia (NVDA) and Palantir (PLTR) have been two of 2024’s hottest stocks — Nvidia’s 179.6% year-to-date gain has made it the second-most valuable company in the world by market cap, while Palantir’s 153.3% gain has put it on the map as a mega-cap tech stock to be reckoned with, not …

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(Bloomberg) — ASML Holding NV’s shares plunged the most in 26 years after it booked only about half the orders analysts expected, a startling slowdown for one of the bellwethers of the semiconductor industry. Most Read from Bloomberg The Dutch company, which makes the world’s most advanced chipmaking machines, lowered …

Apple (AAPL) stock hit a new intraday high of $237.49 on Tuesday, eclipsing its prior record of $237.23 on July 15. The stock’s climb added about $70 billion to its market capitalization, putting it further ahead of Nvidia (NVDA) as the world’s most valuable company after Nvidia’s gains jeopardized the …

(Bloomberg) — Stocks got hit as disappointing earnings from Europe’s most-valuable tech company and concern about tighter US restrictions on chip sales spurred a selloff in the industry that has powered the bull market. Most Read from Bloomberg A closely watched gauge of semiconductor firms saw its worst plunge since …

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ASML Holding (AS:ASML) shares plunged more than 15.6% Tuesday after the semiconductor equipment maker reported third-quarter results that fell short of analyst expectations, while its guidance disappointed investors. More specifically, the stock was impacted by the company’s Q3 net bookings miss and FY revenue guidance. ASML posted Q3 adjusted earnings …

JPMorgan CEO Jamie Dimon Says We Shouldn’t Put Our Heads In The Sand, ‘We Have To Find A Better Way To Help The People Who Get Hurt By AI’ During a recent interview with Bloomberg, Jamie Dimon, CEO of JPMorgan Chase (NYSE:JPM), had a lot to say about technology and …

Nvidia Stock Slides as ASML Earnings Appear to Leak Out Source link