Category: Investment
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Intel’s Foundry Finally Has Some Good News. Has the Chipmaker Learned Its Lesson? | The Motley Fool
[ad_1] Intel’s (INTC -1.93%) stock price collapse at the start of August on news out of its earnings report wasn’t a big surprise. The chipmaker had fallen behind after years of operating a money-losing foundry business, while fabless rivals, like Advanced Micro Devices, have gained market share. Intel has long dominated the PC processor business,…
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Is Now a Good Time to Buy Bitcoin? (Updated 2024)
[ad_1] Bitcoin is prone to price volatility, with wide swings to the upside and downside. The most recent downturn comes alongside market turmoil triggered by weak jobs data and fears of a looming recession. Bitcoin’s value has rallied over the last few quarters, increasing from about US$26,000 in mid-September 2023 to an all-time high of…
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US bill to restrict business with China’s WuXi AppTec, BGI passes House By Reuters
[ad_1] By Karen Freifeld (Reuters) -The U.S. House of Representatives on Monday passed a bill that aims to restrict business with China’s WuXi AppTec, BGI and several other biotech companies on national security grounds. It was the first floor vote for the Biosecure Act, which would prohibit federal contracts with targeted firms and those that…
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Oil steady as supply disruptions from Storm Francine offset weak demand By Reuters
[ad_1] By Georgina McCartney (Reuters) – Oil was steady in early trade on Tuesday as investors weighed supply disruptions from Tropical Storm Francine and the potential for further output cuts against persistently weak Chinese demand. futures rose 16 cents, or 0.22%, to $72.00 a barrel by 0004 GMT. U.S. West Texas Intermediate crude futures rose…
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Google News
[ad_1] Rectangle Investment Management expands Phoenix footprint with industrial buy Arizona Big Media [ad_2] Source link
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Why Altcoins Were Crushing It on Monday | The Motley Fool
[ad_1] A potentially market-boosting development might come via the Federal Reserve next week, while a crucial equipment maker boasts some good sales numbers. As groupings, financial markets have a tendency to overreact to the latest news affecting their components. This trend is especially acute with cryptocurrencies, as they are — justifiably — considered to be…
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Stocks Finish Higher on Support From Chip Stock Rebound
[ad_1] The S&P 500 Index ($SPX) (SPY) Monday closed up +1.16%, the Dow Jones Industrials Index ($DOWI) (DIA) closed up +1.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed up +1.30%. Stocks on Monday posted moderate gains on some dip buying following last Friday’s sharp sell-off. Also, the strength in chip stocks on Monday boosted the broader market. In addition,…
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Business Insider names WSJ’s Jamie Heller as editor-in-chief By Reuters
[ad_1] Business Insider names WSJ's Jamie Heller as editor-in-chief [ad_2] Source link
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Bitcoin: A Price History of the First Cryptocurrency (Updated 2024)
[ad_1] Bitcoin, the most well-known cryptocurrency, paved the way for the cryptocurrency asset class. Now the cryptocurrency of choice, its meteoric rise was unlike any other commodity, resource or asset. Bitcoin’s price rose more than 1,200 percent from March 2020 to reach US$69,044 on November 10, 2021. The currency showcased its famous volatility in the…
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MRC Makes Notable Cross Below Critical Moving Average
[ad_1] In trading on Monday, shares of MRC Global Inc (Symbol: MRC) crossed below their 200 day moving average of $12.04, changing hands as low as $11.80 per share. MRC Global Inc shares are currently trading down about 2.6% on the day. The chart below shows the one year performance of MRC shares, versus its…