Stock Market
Intel Sells 10% Stake in IMS Nanofabrication to TSMC for $4.3B
Intel Corporation, a leading chipmaker, announced on Tuesday a groundbreaking agreement to sell a 10% stake of its IMS Nanofabrication business to Taiwan Semiconductor Manufacturing...
Instacart Public Market Debut, Valuation Estimated at $9.3B
Instacart, the popular grocery delivery platform, is poised to make its public market debut next week, according to a filing released on Monday. The filing...
Energy Sector Shines as Investors Seek Value Stocks
Investors are making a strategic shift away from technology stocks and crowded growth trades, and they are eyeing value-oriented sectors as the new harbor for...
Tesla Leads Shorted Large-Cap Stock for Third Month
In a report released on Tuesday, securities lending data firm Hazeltree revealed that Tesla secured its position as the most shorted large-cap U.S. stock for...
Q1 Earnings of Oracle Miss Targets, Stock Falls 13%
Oracle Corporation (ORCL) witnessed a significant downturn in its stock prices, plummeting by as much as 13% on Tuesday, following a fiscal first-quarter (Q1)earnings report...
S&P 500 Faces Potential Drop After September 15 Options
A recent analysis by Nomura Securities suggests that the U.S. stock market could be in for a tumultuous second half of September, particularly in the...
TSMC Commits $100 Million Investment in Arm Holdings IPO
Taiwan Semiconductor Manufacturing Company (TSMC), the world’s preeminent contract chipmaker, has announced its commitment to invest up to a staggering $100 million in Arm Holdings...
Arm Holdings IPO Orders 10x Oversubscribed, Closing Early
In a fervent display of investor interest, Arm Holdings Ltd.’s initial public offering (IPO) has surged to ten times oversubscription, insiders familiar with the matter...
Oracle Cloud Sales Growth Slows, Raising Concerns
Oracle, a prominent software company, revealed on Monday that its cloud sales growth had decelerated in the latest quarter, raising concerns about the company’s expansion...
Federal Reserve Hints at Rate Pause, Stocks Edge Up
US stocks experienced a slight increase on Friday, as investors cautiously welcomed indications from Federal Reserve officials about a potential pause in maintaining the current...
