January 11, 2024 @ 11:10 am | Breaking News |
In November global chip sales rose for the first time in more than a year. Global semiconductor revenue added up to $48 billion in November, a 5.3% increase from a year earlier, according to the Semiconductor Industry Association. Sales rose a more moderate 2.9% from...
August 9, 2022 @ 10:34 pm | AMAT, AMD, Breaking News, IFNNY, Jubak Picks Portfolio, Jubak Top 50 Portfolio, NXPI, QCOM |
First, it was Nvidia (NVDA) cutting its guidance for revenue and earnings due on August 24. Today, August 9, it was Micron Technology (MU) warning that its revenue for the fourth-quarter revenue may come in at or below the bottom end of a forecast range provided in...
November 29, 2021 @ 6:55 pm | Breaking News, Buy Hold Sell |
Today, Monday November 29, it’s a tale of two bounces from Friday’s big sell off. Technology stocks and especially big technology stocks are up big. At the close in New York Applied Materials was up 5.53%. Adobe (ADBE) was ahead 3.83%. Nvidia (NVDA) was...
July 19, 2021 @ 6:52 pm | Breaking News, IFNNY, Jubak Picks Portfolio, Jubak Top 50 Portfolio, NVDA, NXPI, TSM |
On Thursday, July 15, Taiwan Semiconductor Manufacturing (TSM), the world’s leading chip foundry, reported earnings of 93 cents a share for the second quarter, up 18% year over year. That was inline with analyst estimates. Sales rose 28%. The company raised its...
May 12, 2021 @ 10:24 pm | Breaking News, Dividend Income Portfolio, IFNNY, Jubak Picks Portfolio, SCCO, USB |
I’m starting up my videos again–this time using YouTube as a platform. The twenty-third YouTube video “Five Stocks for an Inflation Scare” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
April 1, 2021 @ 7:34 pm | AMAT, AMZN, ASML, Breaking News, FCX, FQVLF, GOOG, Jubak Picks Portfolio, Jubak Top 50 Portfolio, SCCO |
With the financial markets closed tomorrow for Good Friday, traders and investors jumped in to buy today ahead of what is expected to be a jobs report tomorrow morning showing unemployment dropping to 6.0% (by the official measure) from 6.2% in February. The Standard...
March 30, 2021 @ 7:52 pm | Breaking News |
You can judge the stock market’s mood pretty accurately today, Tuesday, March 30, from just a few price movements. Take a look at the performance of bank stocks, the small cap Russell 2000, the CBOE VIX “fear index,” and technology stocks to see...
March 19, 2021 @ 7:46 pm | Breaking News |
The Standard & Poor’s 500 closed down 0.06% today, March 19. About as exciting as watching paint dry. The NASDAQ Composite, down yesterday, reversed that drop and a little bit more by adding 0.76%. The iShares MSCI Emerging Markets ETF (EEM), down 1.84%...
March 8, 2021 @ 7:44 pm | Breaking News |
Two indexes will tell you what you need to know about today’s stock market action. The Dow Jones Industrial Average, driven by cyclicals, vaccine recovery stocks, and consumer stocks rose to an intraday record high. After a slight retreat at the end of the...
February 23, 2021 @ 11:15 am | Breaking News, Buy Hold Sell |
Yesterday tech tumbled but utilities, commodities like copper and even gold, and many “vaccine recovery” plays gained. Today almost everything is down. Which to me is a sign that this now 6-day downturn is getting closer to an end. Right now, as of 1:30...
January 13, 2021 @ 6:50 pm | Breaking News, Buy Hold Sell |
I’m starting up my videos again–this time using YouTube as a platform. The sixth YouTube video “4 stock picks for the chip shortage” went up today. Please watch and subscribe to my YouTube channel. And like my video. You can see it...
October 1, 2020 @ 7:41 pm | AMZN, Breaking News, IFNNY, MSFT |
The economic news today was at best “not terrible.” Initial claims for unemployment for the week showed a job market recovery that has stalled. Treasury Secretary Steve Mnuchin and House Speaker Nancy Pelosi adjourned their talks for another day without...
September 2, 2020 @ 7:24 pm | Breaking News |
At the close today, the Standard & Poor’s 500 was up another 1.54%. Putting this question at the top of many investors’ and traders’ minds: Is there any way to participate in this blow out rally without real adding an unacceptable amount of...
July 13, 2020 @ 7:37 pm | Breaking News |
At the high point during the day, the Dow Jones Industrial Average was up 2.2%. It closed with a gain of just 0.1% for the day. The trend wasn’t limited to U.S. stocks. The iShares MSCI Emerging Markets ETF (EEM) was up 1.26% at noon New York time but closed off...
June 18, 2020 @ 6:56 pm | Breaking News |
It wasn’t a day for big moves in U.S. stocks. The Standard & Poor’s 500 closed ahead 0.06% and the Dow Jones Industrial Average finished off 0.15%, for example. Nobody wants to get every far ahead of the trend–whichever direction it’s...
October 28, 2016 @ 4:05 pm | Breaking News, Dividend Income Portfolio, QCOM, Update |
Qualcomm (QCOM) and NXP Semiconductors (NXPI) have agreed to a deal that would see a subsidiary of Qualcomm acquire NXP for $110 a share in cash. The structure of the deal will allow Qualcomm to use its offshore cash reserves to help fund the deal, which is expected...
October 24, 2016 @ 7:43 pm | Breaking News, Dividend Income Portfolio, QCOM, Update |
Both Bloomberg and CNBC are reporting that Qualcomm (QCOM) and NXP Semiconductor (NXPI) have agreed to a acquisition at a price of $110 for each share of NXP Semiconductors. That’s within the range that I flagged in my earlier post “Can Qualcomm steal NXP...
October 6, 2016 @ 7:21 pm | Breaking News, Dividend Income Portfolio, QCOM |
Talks between Qualcomm (QCOM) and NXP Semiconductor (NXPI) are showing significant progress, according to a Bloomberg. Reporting by Bloomberg indicates that Qualcomm is the only company in talks with NXP about an acquisition. That is no rival suitors have emerged so...
October 3, 2016 @ 7:42 pm | Breaking News, Dividend Income Portfolio, QCOM, Update |
Update October 3. Thursday the Wall Street Journal reported that Qualcomm (QCOM) was in talks to buy NXP Semiconductor (NXPI) for somewhere around $30 billion or roughly $90 a share. On Friday Bloomberg reported that NXP had hired an investment bank for advice on any...