Deep-pocketed investors have adopted a bearish approach towards Viking Therapeutics (NASDAQ:VKTX), and it’s something market players shouldn’t ignore.…
Malaysia is set to attract $107 billion in investments for its semiconductor sector, according to Prime Minister Anwar Ibrahim. This initiative aims to establish Malaysia as a key player in global manufacturing. With 13% of the global testing and packaging market, Malaysia will focus on integrated circuit design and advanced packaging. Major firms like Intel and Infineon have already made significant investments, bolstering Malaysia's semiconductor industry.
The Analog group within the semiconductor space underperformed for 2-3 years, but expected to catch up with stabilizing PMIs and potential interest cuts. NXP and Microchip upgraded to Buy with positive outlook.
Former 2024 presidential candidate Vivek Ramaswamy unveiled a new letter to BuzzFeed's board in which he argues that a "shakeup is required." Ramaswamy also noted that he is now the second-largest Class A shareholder of BuzzFeed with an 8.37% stake in the company.
Earlier in May, President Joe Biden announced increased tariffs on a range of Chinese goods, including clean energy technologies, leading to a spike for FuelCell Energy shares. The stock initially gave back the gains, but has been climbing steadily since last week.