Intel (NASDAQ: INTC), which hopes to regain its once-powerful position on the chip market, has made an important hire for a critical manufacturing unit. It chose a veteran in that industry, and investors rewarded the company by pushing its stock more than 2% higher on Monday. That performance looked good when compared to the flat […]
Veteran memory chip specialist Micron Technology (NASDAQ: MU) was one of the tech sector’s clear winners on Wednesday. That’s somewhat unexpected, given that much of the company’s memory chip production is located in Taiwan, which was hit with a powerful earthquake the day before. But Micron’s swift reassurance of the situation, plus its tagging as […]
Exactly one week after Valentine’s Day, beleaguered real estate investment trust (REIT) Medical Properties Trust (NYSE: MPW) earned a little love on the stock market. Investors pushed the company’s share price up by more than 5%, topping the S&P 500 index’s marginal gain, following the release of quarterly and full-year results. A flip into negative […]
Wednesday is shaping up to be a good day to own cybersecurity stocks: Powerful fourth-quarter earnings from network security company Fortinet (NASDAQ: FTNT) sent its stock up by 3%, and provided a tailwind to shares of peers CrowdStrike (NASDAQ: CRWD), and Palo Alto Networks (NASDAQ: PANW). Through 11:45 a.m. ET, those two stocks were up […]
Fisker (NYSE: FSR) stock is going parabolic today. Shares of the stock were up 34% as of 9:45 a.m. ET Friday and had shot up a jaw-dropping 40.5% at its highest point in trading as of this writing. The electric vehicle (EV) start-up is struggling to ramp up production and deliveries and is running short […]