Intel Corp. (NASDAQ:INTC), which was once feted as the semiconductor industry titan, has fallen out of favor with customers and investors, with much of the weakness self-inflicted and the stock has amply discounted the predicament. Prominent economist Peter Schiff on Friday used the company as an example to warn investors how a financial asset can […]

Salesforce, Inc. (NYSE:CRM) disclosed that it has signed a definitive agreement to acquire Own Company for around $1.9 billion in cash. This amount is net of the value of the 10% of Own’s outstanding shares that Salesforce already owns. The transaction is subject to customary purchase price adjustments. Own Company helps organizations ensure the availability, […]

Although U.S. stocks closed lower on Tuesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the […]

Deepwater Asset Management’s Gene Munster was asked Tuesday morning if he would buy, sell or hold big tech stocks at current levels. He emphatically recommended buying the Magnificent Seven, specifically highlighting Apple Inc (NASDAQ:AAPL) and NVIDIA Corp (NASDAQ:NVDA) as being positioned for significant upside over the coming years. What To Know: Tuesday on CNBC’s “Squawk Box,” Munster […]

Tesla Inc. (NASDAQ:TSLA) and SpaceX CEO Elon Musk has commented on Warren Buffett-led Berkshire Hathaway, Inc.‘s (NYSE:BRK) (NYSE:BRK) decision to sell about half its stake in Apple Inc. (NASDAQ:AAPL). What Happened: Over the weekend, a user on X, formerly Twitter, shared the news of Berkshire accumulating a cash reserve of almost $277 billion on the platform. The user humorously suggested […]

Shares of Apple, Nvidia supplier Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE:TSM) are rising solidly higher in premarket trading on Wednesday. The upside could be traced back to the industry-wide optimism generated by Advanced Micro Devices, Inc.’s (NASDAQ:AMD) quarterly results, which confirmed that the AI revolution is alive and kicking. Bargain hunters could trade on this […]

Although U.S. stocks closed higher on Friday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company’s prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the […]

On CNBC’s “Mad Money Lightning Round,” Jim Cramer said he is “very mystified” by Five Below, Inc. (NASDAQ:FIVE). “I don’t know what happened there. I know there were many operational problems — CEO leaves, they don’t really explain what’s going on,” Cramer adds. He has nothing good to say about Five Below, until they “get […]

As of July 24, 2024, two stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices […]

Johnson & Johnson (NYSE:JNJ) faced a legal setback on Friday when a New Jersey judge rejected its bid to disqualify the law firm Beasley Allen from representing plaintiffs who claim the company’s talc products caused their cancer. This decision complicates Johnson & Johnson’s attempt to resolve over 60,000 claims through a $6.48 billion pre-packaged bankruptcy […]