by Justin Wong | Mar 28, 2025 | Automotive, Domestic, Investing News, Market News, Technology
Shares of Wolfspeed (WOLF), a prominent player in the semiconductor industry, saw a drastic decline of about 48% on Friday, marking their lowest level since 1998. This sudden slump came on the heels of the announcement that the company had appointed a new CEO, Robert...
by | Dec 13, 2024 | AI, AI, Investing News, Stock Market, Technology
Broadcom (NASDAQ: AVGO) has reached a major milestone, surpassing a $1 trillion market capitalization, following a 21% jump in its stock price. This surge came after the company reported extraordinary Q4 earnings, with a 220% year-over-year increase in AI revenue,...
by Suzeline Michel | Dec 9, 2024 | AI, AI, Market News, Products, Technology
Nvidia (NVDA) saw its stock dip more than 3% before noon on Monday following the news that China had launched an antitrust investigation into the company. The probe is focused on potential anti-monopoly violations by the semiconductor giant, particularly its business...
by Bryant Lum | Dec 4, 2024 | AI, Investing News, Market News, Products, Technology
Marvell Technologies (NASDAQ: MRVL) saw a remarkable 23% surge in its stock price at the close of trading after the company reported impressive quarterly earnings that exceeded Wall Street expectations. The fabless semiconductor company, which specializes in custom...
