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SK Hynix Dismisses Intel Ohio Buyout Report: 'We Have No Plans for an Acquisition' (UPDATED)
Benzinga25d agobearish
SK Hynix Dismisses Intel Ohio Buyout Report: 'We Have No Plans for an Acquisition' (UPDATED)

Editor’s Note: This story has been updated to include a response from an Intel spokesperson. SK hynix Inc (NASDAQ:SKHY) said Tuesday it has neither pursued nor decided to acquire Intel Corp‘s (NASDAQ:INTC) Ohio semiconductor campus, denying a media report that claimed the South Korean memory chipmaker was in talks to buy the site. SK hynix Responds to Korea JoongAng Daily Report SK hynix issued the clarification in a Korea Exchange filing after Korea JoongAng Daily reported that the company was

Nvidia supplier Wistron launches $700 million Texas factory for AI system production
Reuters25d agoneutral
Nvidia supplier Wistron launches $700 million Texas factory for AI system production

Taiwan's Wistron, a supplier to Nvidia, launched a $700 million ‌manufacturing facility in Texas on Tuesday to ‌produce the U.S. chipmaker's latest AI systems, as Taiwanese electronics ​makers expand U.S. production to meet soaring demand for AI infrastructure. • The Fort Worth facility manufactures Nvidia's GB300 Grace Blackwell ‌Ultra Superchip. Nvidia ⁠CEO Jensen Huang has described the AI system built around the product as "the ⁠most powerful AI supercomputer in the world."

LG Display Q2 Earnings Call Highlights
MarketBeat25d agoneutral
LG Display Q2 Earnings Call Highlights

LG Display (NYSE:LPL) reported a second-quarter operating loss for fiscal 2026 as seasonal weakness in mobile panels and a one-time workforce restructuring charge offset improved underlying profitability and stronger shipments of medium and large displays. Kim Kyu Dong, vice president in charge of

Goldman Sachs backs surprising non-AI stocks
TheStreet25d agoneutral
Goldman Sachs backs surprising non-AI stocks

For investors who owned artificial intelligence stocks over the past three years, their portfolio has probably done well. But one of Wall Street's most influential banks is now flagging a risk to the AI-heavy positioning that has dominated portfolios. Goldman Sachs released a research note ...

Sandisk’s stock buyback program explained
TheStreet25d agobullish
Sandisk’s stock buyback program explained

Sandisk went public in February 2025, and just over a year later, the flash memory storage maker’s board of directors approved a plan to buy back shares. The repurchase comes as the company’s shares reached record highs well above its IPO price. Here's what current and prospective Sandisk investors ...

AMD stock gets a new reason to watch from Bank of America
TheStreet25d agoneutral
AMD stock gets a new reason to watch from Bank of America

Advanced Micro Devices (AMD) stock jumped more than 7% Tuesday, July 21, as investors cheered the chipmaker's latest AI infrastructure push and looked ahead to its key AI event. On Monday, July 20, AMD introduced Helios, its first rack-scale AI system, which is expected to begin shipping later this ...

Adobe's rating cut to underweight as CEO search drags on
TheStreet25d agoneutral
Adobe's rating cut to underweight as CEO search drags on

Morgan Stanley downgraded Adobe to underweight from equal weight on Tuesday, July 21, slashing its price target to $240 from $365, according to Seeking Alpha. The move landed one day after CLSA initiated coverage of Adobe with an outperform rating and a $300 target, according to Investing.com. Two ...

Bloomberg25d agoneutral
High-Risk Bets That Burned Korean Traders Are Making a Comeback

(Bloomberg) -- South Korea’s risk-loving retail investors are flocking to a leveraged instrument that has inflicted severe losses in the past, adding to concerns about abrupt unwinding of wagers as the stock market gyrates.Most Read from BloombergApple to Launch ‘Upgrade’ Device Leasing Program With Klarna to Spur SalesTrump Sets 100% Tariff on Generic Drugs With Two-Year DelayTrump Extends Pardons to Companies, Echoing a 17th Century KingSpaceX Set to Unlock $116 Billion in Shares After IPO Res

Bloom Energy (BE) Soars 14.8% on Sharp PT Upgrade Ahead of Q2 Earnings
Insider Monkey25d agobullish
Bloom Energy (BE) Soars 14.8% on Sharp PT Upgrade Ahead of Q2 Earnings

Bloom Energy saw its share price climb by 14.82 percent on Tuesday to end at $226.26 apiece, as investors cheered an investment firm’s sharp price target upgrade and looked ahead to its upcoming earnings report. 29.6% Price Target Hike In a market note, JPMorgan raised its price target for Bloom Energy Corp. (NYSE:BE) by 29.6 […]

Nikkei Rises 1.3%, Led by Chip, Metals Stocks
The Wall Street Journal25d agoneutral
Nikkei Rises 1.3%, Led by Chip, Metals Stocks

0013 GMT — Japanese stocks are higher following a recovery in U.S. technology stocks overnight. Tokyo Electron is up 4.3%, SoftBank Group is 3.7% higher and JX Advanced Metals is up 4.1%. The dollar is at 163.15 yen, up from Y162.52 as of Tuesday’s Tokyo stock market close.

AMC just silenced the doubters with one quarter
TheStreet25d agoneutral
AMC just silenced the doubters with one quarter

Wall Street has a short memory for companies it has already written off. Once a stock gets labeled a lost cause, the label tends to outlive the facts, because updating a story takes more effort than repeating one. Movie theaters have worn that label since 2020. The industry lost most of its ...

3M finds a surprising role in the AI data-center boom
TheStreet25d agoneutral
3M finds a surprising role in the AI data-center boom

3M (MMM) raised its 2026 profit forecast on July 21, as stronger demand and price increases helped its safety and industrial business post a better second quarter. The company reported adjusted earnings of $2.40 a share on sales of $6.5 billion. It now expects full-year adjusted earnings of $8.80 ...

Schwab Beats 2Q Estimates as Retail Traders Pile Into Market
Bloomberg25d agobullishVIDEO
Schwab Beats 2Q Estimates as Retail Traders Pile Into Market

Charles Schwab Corp. reported earnings that topped estimates as retail investors continued to jump in and out of the market amid volatility sparked by geopolitical uncertainty. Schwab reported a record 11.9 million daily average revenue trades in the second quarter, a 57% increase from a year earlier. Trading revenue also rose, climbing 28% to $1.2 billion. President and CEO Rick Wurster joins Bloomberg Businessweek Daily to discuss, saying clients are trusting the platform not just for investing but also for "help with their financial lives." Wurster also discusses continued demand from retail and younger traders, AI use cases in investing, the impact of this summer's SpaceX IPO, prediction markets, crypto, and more. He speaks with Carol Massar and Tim Stenovec.

Capital One Financial Q2 Earnings Call Highlights
MarketBeat25d agoneutral
Capital One Financial Q2 Earnings Call Highlights

Capital One Financial (NYSE:COF) reported second-quarter 2026 earnings of $3 billion, or $4.73 per diluted common share, as management said the company continued to generate top-line growth while advancing its Discover integration and adding Brex to its domestic card business. Chief Financial Offic