Shares of Legend Biotech fell 14% Monday after the company announced that CEO Ying Huang stepped down and left the board. Legend said in a regulatory filing that Huang’s resignation was not the result of a disagreement with the company, but didn’t say anything more about why he left. Huang said he was departing the company to work with a venture fund focusing on drug development.
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Lam Research reports Q4 earnings on July 29, and the setup heading into that print looks unlike anything its closest rivals can match right now. Three factors separate this semiconductor equipment name from the rest of the AI spending story.
D-Wave stock pops as AT&T announces an expanded agreement. But does that warrant buying QBTS shares into strength today?
Qualcomm (NASDAQ:QCOM) heads into Wednesday’s Q3 earnings report on July 29 at just 15x forward earnings, despite returning billions of dollars to shareholders and expanding beyond smartphones. Qualcomm also offers investors a dividend yield above 2% alongside exposure to growing automotive, IoT, and hyperscaler chip businesses. Qualcomm’s 15x Forward P/E Leaves Room for Upside QCOM trades ... Is Qualcomm Stock a Buy Ahead of July 29 Q3 Earnings?
Alphabet (GOOGL) has spent billions of dollars preparing for a future that could disrupt its most profitable business. Generative AI helps people get thorough answers without the need to navigate through a standard list of search results. This raised a thorny question for Alphabet investors: Would ...
Caterpillar has quietly become one of Wall Street's most unexpected AI infrastructure plays, but a 10% pullback from all-time highs and mounting tariff costs raise a critical question about whether the bull case still holds.
This falling ticker seems ripe for a bullish reversal, but things are still complicated for this recently IPO'd company's shares.
On this episode of CoinDesk's Public Keys from the New York Stock Exchange, Jennifer Sanasie is joined by Charles Schwab Head of Crypto Research Jim Ferraioli, who breaks down the odds of a Fed hike, why he believes the CLARITY Act is not yet priced into Bitcoin, and his finding that some 60% of Bitcoin's daily price move can't be tied to macro factors. Galaxy Head of Firmwide Research Alex Thorn unpacks the newly launched $15 million Bitcoin Security Consortium — backed by nine firms including BlackRock, Coinbase, Fidelity, Galaxy, and Strategy — and Galaxy's own $5 million Bitcoin Quantum Readiness Initiative, while making the case that CLARITY is in its "11th hour" ahead of the August recess. Finally, FalconX Head of Derivatives Griffin Sears kicks off CoinDesk's Perps Week, explaining how perpetual futures jumped from crypto into oil, single-name equities, and pre-IPO SpaceX exposure. Plus, a look at ETF flows and a Crypto Fear & Greed reading stuck at 30.
Rocket Lab’s share price pops as management announces a landmark contract with the USSF. Here’s what the federal agreement really means for RKLB stock.
Despite the lower-than-expected sales outlook, STM can be looked upon as an attractive investment option now.
Big Three automaker Ford reported its Q2 results after the close.
Big Three automaker Ford reported its Q2 results after the close.
Big Three automaker Ford is on deck to report second quarter results, with investors focused on whether management follows rival General Motors in lifting its full-year outlook, and on how deep the softness in electric-vehicle demand runs across the lineup.
The federal funds rate can impact a host of borrowing costs, and thus the entire U.S. economy. Here's how it works.
Procter & Gamble usually isn't an exciting stock -- and that may be the reason to consider it, heading into earnings.
NEW YORK, July 27 (Reuters) - The former JPMorgan Chase banker whose lurid sexual harassment lawsuit went viral added new claims and defendants on Monday, saying the largest U. bank's acceptance of racism and sexual coercion irreparably destroyed his career.
Semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) will be announcing earnings results this Monday after market hours. Here’s what investors should know.
The social media company may also become a cloud computing provider.
Apple stock is nearing fresh records ahead of its earnings release. The company is set to report earnings after the bell on Thursday in what will be Tim Cook's last earnings call as CEO. It will also be the first quarterly release since the company raised prices to offset higher memory costs.
AMD Gets Massive Wall Street Upgrade as AI Revenue Outlook Soars
Nearly 1,000 issued patents spanning blockchain, banking, insurance and enterprise infrastructure
Storj Labs, one of the earliest companies to try building cloud storage on a blockchain, has filed for Chapter 11 bankruptcy, the latest crypto business to buckle in a punishing week for the industry. The company filed on July 26 in the U.S. Bankruptcy Court for the Northern District of West ...
ASML stock tumbled on Monday on a report of competition emerging in China. It was among the biggest losers on the Philadelphia semiconductor index.
Seagate is slated to report earnings after the closing bell Tuesday, and traders are anticipating a big move from the hard drive maker’s stock following the results.