Key Points Sandisk (NASDAQ: SNDK) stock fell 6.1% through 11:25 a.m. ET Monday on some potentially worrisome news from its former parent company Western Digital (NASDAQ: WDC), which announced today it is working hard to develop “post-quantum cryptography hard drives” for a world where AI has become ubiquitous, and need for NAND memory less intense. ...
Key Points Pershing was able to purchase Netflix stock after a major sell-off earlier this year. Ackman also took new positions in Visa and Mastercard. Ackman and his team bought the dip on stocks that investors have sold amid concerns about disruption from artificial intelligence. 10 stocks we like better than Netflix › Say what ...
A recent AI deal reveals an unexpected group of companies that could benefit from the industry’s biggest bottlenecks. Listen to the audio version of this article (generated by AI). Editor’s Note: Last week, you heard from my InvestorPlace colleague Luke Lango about a challenge facing AI investors: With so many opportunities out there, which stocks ...
Key Points Donald Trump’s “Liberation Day” tariffs were invalidated by the U.S. Supreme Court in February 2026, triggering the need to refund approximately $166 billion to American businesses. Several of America’s best-known companies have received or expect to collect between $500 million and $2.4 billion in International Emergency Economic Powers Act (IEEPA) tariff refunds. However, ...
Listen to the audio version of this article (generated by AI). The public’s data-center revolt spreads… even Texas taps the brakes… will it kill the AI trade?… why the move is “sort,” not “sell” The public really hates data centers – but that could make you a lot of money. Last month, I introduced an ...
Dolby Laboratories, Inc. DLB offers exposure to wider adoption of premium audio and imaging, automotive licensing and content-platform monetization. Its discounted valuation and substantial cash balance strengthen the long-term case. The near-term picture is less certain. Uneven royalty timing, weak device shipments and reliance on partner launches make execution difficult to forecast, leaving investors to ...
A downtrend has been apparent in Spirax Group PLC (SPXSY) lately. While the stock has lost 6.8% over the past week, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the ...
Key Points S&P Dow Jones Indices said Reddit will replace AvalonBay Communities in the S&P 500 before the open on Tuesday, Aug. 18. Harvard Business School research found the average abnormal return from an S&P 500 addition fell from 7.4% in the 1990s to less than 1% in the 2010s. Reddit has grown revenue more ...
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Friday (August 14) as of 10:00 p.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$62,905.35, down by 0.5 percent over the past 24 hours. Despite encouraging US ...
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Wednesday (August 12) as of 10:00 p.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$63,345.27, down by 0.4 percent over the past 24 hours. Bitcoin price chart ...
