By Royal Assets Pte. Ltd. Micron Technology (MU) shares jumped more than 8% in early trade Thursday, outperforming the S&P 500, after the chipmaker announced better-than-expected earnings and said it expects to benefit from the artificial intelligence (AI) boom.
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By Royal Assets Pte. Ltd. General Motors (GM) shares were up more than 9% in early trade Wednesday after the company reaffirmed its 2023 outlook and announced a $10 billion share repurchase program, as well as a 33% dividend increase.
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By Royal Assets Pte. Ltd. The shares of VMware (VMW) plummeted sharply on Thursday after a news source verified rumors that the Chinese government may reject Broadcom's (AVGO) acquisition of VMware.
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By Royal Assets Pte. Ltd. Discover Financial Services (DFS) was the best-performing stock in the S&P 500, with shares up 4.9% after the credit card company signed a consent deal with federal authorities over flaws in its Discover Bank unit's compliance management system.
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By Royal Assets Pte. Ltd. After inflation statistics fueled concerns about rate rises, the Dow Jones Industrial Average rebounded from session lows. At 4 p.m. ET Wednesday, the index was down 0.2%.
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By Royal Assets Pte. Ltd. The best countrywide rate on a high-yield savings account has risen again after remaining at the previous record of 5.26% APY for three weeks.
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By Royal Assets Pte. Ltd. Quarterly results don't frequently affect a company's investment thesis, but they might occasionally persuade certain investors of what others have previously seen.
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By Royal Assets Pte. Ltd. In the ever-evolving world of technology, Artificial Intelligence (AI) has emerged as a driving force behind innovation and progress.
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By Royal Assets Pte. Ltd. At lunchtime on the last trading day of the first half, US stock markets were substantially higher after a report indicated the Fed's preferred inflation measure fell in May, boosting expectations of a dovish tilt by the central bank.
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By Royal Assets Pte. Ltd Emerson Electric Co. (EMR) will pay $8.2 billion for National Instruments Corporation (NATI), beating out other bidders and over a year after its initial failed attempt.
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By Royal Assets Pte. Ltd. Bed Bath & Beyond Inc. (BBBY) is considering a reverse stock split to help the ailing store stay solvent.
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By Royal Assets Pte. Ltd. The shares of ZM experienced a decline following the removal of their president who was appointed in June.
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By Royal Assets Pte. Ltd. Stock in Costco Wholesale Corporation (COST) is rarely on sale. Investors value the top warehouse retailer for its consistent market-share increases and ability to enhance profitability through a variety of selling circumstances.
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By Royal Assets Pte. Ltd. The Walt Disney Company (DIS) has become associated with entertainment after almost a century. The company's family-friendly theme parks, merchandise and media entertainment have long been popular with customers worldwide.
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