Chip Stocks At ‘Premium Valuations,’ But Bank Of America Remains Bullish On Semiconductors
Historically, large annual gains for the Philly Semi index have been followed by a further rally.
AI’s 2024 Reality Check: Facing ‘Peak AI Hype,’ It’s Time To Prove Its Worth
In 2024, AI will have to prove its worth, with investors seeking proof that billions spent on AI can make a return on investment. Microsoft, Palantir, and CrowdStrike are potential winners in 2024.
Why Uniform & Workwear Company UniFirst Shares Are Dipping Today
UniFirst Corp (NYSE: UNF) shares are trading lower after the company
Tech Sell-Off Triggers Market Reset: Value Stocks Reach 7-Month High Versus Growth
U.S. stock market suffered worst start in two decades, tech sell-off led to cautious investor shift to value stocks, notably IUSV & IUSG ETFs + top gainers MRNA, VTRS, TNL, LVS & VAC.
Shyfting Gears: TD Synnex’s Shyft Division Accelerates With Cokeva Acquisition
TD Synnex Corp (NYSE: SNX) division Shyft Global Services disclosed the acquisition of technology lifecycle service provider Cokeva, Inc.
Qiagen’s Health Odyssey: Expanding In Riyadh And Partnering In Public Projects
QIAGEN N.V. (NYSE: QGEN) disclosed its expansion plan in
Holiday Showdown: Black Friday Reigns Over Christmas As Top Brands Steal the Shopping Spotlight
Telsey Advisory Group analyst Dana Telsey presented a brand performance study on the Christmas vs. Black Friday holiday by revisiting the Google Trends insights from Black Friday, with many initial findings holding over the extended holiday period.
Valaris Strikes $519M Drillship Deal with Petrobras, Eyes Soaring Earnings in Rig Reshuffle
Valaris Ltd (NYSE: VAL) won a 1,064-day contract for drillship VALARIS DS-4 from Petroleo Brasileiro S.A.- Petrobras (NYSE: PBR) offshore Brazil for around $519 million, including mobilization fees <
Retail Trends Unwrapped: Analyst Unveils Surprising Shifts In Consumer Spending As 2023 Looms
KeyBanc Capital Markets analysts presented proprietary credit/debit card spending trends across Consumer/Retail and Internet Retail sectors.
Consumer/Retail: Analyst Bradley Thomas said this week’s data through December 24th shows indexed spending for the 'All Retail' category increasing 18.4% y/y.
Tech Giant Jabil Adjusts Q2 FY24 Guidance Post Mobility Division Divestiture: Details
Jabil Inc (NYSE: JBL) revised its Q2 FY24 guidance post-completion of the divestiture