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News: Companies

In this section, we delve into the dynamic corporate world, bringing you the most recent updates from global companies. Our coverage spans a broad spectrum, encapsulating latest quarterly results, unveiling of new products, corporate amalgamations, and acquisitions. We also keep you informed on changes in analyst ratings, adjustments in price targets, submissions to regulatory bodies, and acquisition of new licenses, amidst a host of other significant business events.

Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says

Chip Shortage Leaves U.S. Companies Dangerously Low on Semiconductors, Report Says Commerce Secretary Gina Raimondo stated that the survey findings demonstrate the critical significance of Congress approving the U.S.'s The Innovation and Competition Act which contains a $52 billion investment to stimulate domestic semiconductor manufacturing. Read More

Can Microsoft Acquisition Cure Activision Blizzard’s Toxic Workplace?

Can Microsoft Acquisition Cure Activision Blizzard’s Toxic Workplace? While the gaming industry has long suffered from a culture that "denigrates women," Ann Olivarius, a women's rights lawyer, views Activision ATVI, as one of the worst cases of toxic workplaces. Read More

GameStop apes are all talk: Webull CEO

GameStop apes are all talk: Webull CEO "If you look at the prices today [at GameStop], it tells me that whether it's diamond hands or monkeys, I believe it's just chatter," Denier remarked on Yahoo Finance Live. "We are witnessing our traders and our investors take money off the table in GameStop." Read More

Intel's $20 Billion Ohio Plant Won't End The Chip Shortage Overnight

Intel’s $20 Billion Ohio Plant Won’t End The Chip Shortage Overnight Thus, does this suggest that the chip catastrophe that everyone has been raving about has passed us by? Not quite. The dilemma began when manufacturers reduced their chip orders at the outset of the epidemic, only for demand for automobiles to rise. Read More

Microsoft Buying Activision Blizzard Could Really Hurt Gamestop: Analyst

Microsoft Buying Activision Blizzard Could Really Hurt Gamestop: Analyst Additionally, it was disclosed less than a week after Activision's competitor Take-Two Interactive confirmed its $11 billion purchase of experienced mobile gaming business Zynga. Read More

Microsoft to Acquire Activision Blizzard for Nearly $70 Billion

Microsoft to Acquire Activision Blizzard for Nearly $70 Billion "Gaming is the most dynamic and engaging category of entertainment today across all platforms and will be essential to the development of metaverse platforms," Microsoft Chairman and CEO Satya Nadella said in a news statement Tuesday Read More

Elon Musk’s Tunnel System Works, but the Real Test Is Still to Come

Elon Musk’s Tunnel System Works, but the Real Test Is Still to Come If the Las Vegas project succeeds, it may inspire other communities to enter into contracts with Boring Co. Fort Lauderdale, Florida, and San Bernardino County, California, are now negotiating their own tunnels. Discover

Angi Could Be the Next Uber. Its Stock Looks Too Cheap

Angi Could Be the Next Uber. Its Stock Looks Too Cheap "Owning a property is difficult," admits Angi CEO Oisin Hanrahan. "We want to meet every homeowner's need and alleviate some of their stress, while also altering the economics" for home-service providers. Read More

Apple Analysts Boost Targets Ahead of Earnings. The Path to a $4 Trillion Market Cap.

Apple Analysts Boost Targets Ahead of Earnings. The Path to a $4 Trillion Market Cap. Analysts continue to remain enthusiastic about Apple's prospects ahead of the company's December-quarter financial report, which is expected in just two weeks. Read More

Netflix Raises U.S. Prices, And The Stock Is Up

Netflix Raises U.S. Prices, And The Stock Is Up The regular plan in Canada is now 16.49 Canadian dollars, up from CAD14.99. The Canadian premium plan has increased by $2 to CAD20.99, while the basic plan is CAD9.99. Read More

Tesla Stock Is Down. Don’t Blame Cybertruck.

Tesla Stock Is Down. Don’t Blame Cybertruck. The shares of Tesla are down a little on Wednesday. A story from The Verge said that Tesla had omitted a few important digits from their Cybertruck homepage, which may be the reason. That disclosure, on the other hand, is no longer news. Read More

Tesla Is a Goldman Sachs Top Pick for 2022. The Stock Is Dropping Anyway

Tesla Is a Goldman Sachs Top Pick for 2022. The Stock Is Dropping Anyway Wall Street is becoming more upbeat on Tesla shares, but the increased confidence among analysts hasn't been enough to boost the price, given investor concerns about increasing interest rates. Read More

Apple, Microsoft, and 13 More Tech Stocks to Help Investors Forget the Fed

Apple, Microsoft, and 13 More Tech Stocks to Help Investors Forget the Fed Investors in tech have not had a fantastic start to 2022: The Nasdaq Composite, which is heavily weighted toward technology, has been down 4.5 percent since New Year's Eve, and reductions were expected to continue Monday. Read More

Chip Shortage Leaves Tesla And Other Electric Car Buyers in China Waiting Months For New Vehicles

Chip Shortage Leaves Tesla And Other Electric Car Buyers in China Waiting Months For New Vehicles Assemblers and component makers struggle to keep up with demand, automobile purchasers in China have been waiting several months for freshly acquired vehicles due to a global chip shortage. Read More

Pfizer’s Covid Pill Gets Green Light. Investors Are Starting to Pay Attention to the Stock

Pfizer’s Covid Pill Gets Green Light. Investors Are Starting to Pay Attention to the Stock As Barron's noted in November, Paxlovid's performance demonstrates that the company's choice to divest itself of all but its breakthrough biopharma business in 2019 was a wise one. Discover

Analysts Cut Targets for Snap, Twitter Amid Apple Challenges

Analysts Cut Targets for Snap, Twitter Amid Apple Challenges Stocks in social media platforms Snap and Twitter have struggled in recent months as a result of Apple's ad tracking privacy rules. Loop Capital analysts recently lowered their targets on both. Read More

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