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Business

“GM car prices surge as more plants close during the chip shortage”

April 9, 2021

“General Motors is temporarily shutting down more auto plants, leading to tight inventories at dealerships and higher prices for customers. The global chip shortage is to blame.The company announced it would shut production at two US plants — in Spring… Continue Reading…

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Business

“Nvidia to buy Arm Holdings from SoftBank for $40 billion”

September 14, 2020

“Chipmaker Nvidia has agreed to buy Arm Holdings, a designer of chips for mobile phones, from SoftBank in a deal worth $40 billion, the companies announced Sunday. The deal will include $21.5 billion in Nvidia stock and $12 billion in cash, including $2 billion payable at… Continue Reading…

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Stocks

“Samsung shares could rally over 40% to record highs on smartphone rebound and chips, analyst says”

September 12, 2020

“Samsung shares could rally over 40% in the next year, according to one analyst who sees TV and smartphone sales rebounding sharply in the near-term and a boost in the chip division. SK Kim, analyst at Daiwa Capital Markets, raised his… Continue Reading…

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Business

“Samsung says profit jumped 23%, likely thanks to strong chip demand”

July 7, 2020

“The South Korean conglomerate said on Tuesday that it expects to make an operating profit of roughly 8.1 trillion won ($6.8 billion) for the three months that ended in June. That’s up nearly 23% from the same period a year… Continue Reading…

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Stocks

“Dow slides… oil price war escalates”

March 11, 2020

“Dow Jones industrial average tumbled 700 points, or about 3 percent, at the open. Standard & Poor’s 500 futures sank 2.8 percent and the Nasdaq fell 2.4 percent… Saudi Arabia on Wednesday announced its first oil production increase in a… Continue Reading…

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Business, Economy

“Nvidia, AMD, Intel Tumble After Microsoft’s Virus-Related Sales Warning”

February 27, 2020

“Shares of chipmakers that make processors for personal computers and other devices that run on Microsoft software plunged on Thursday after the world’s most valuable tech company warned the coronavirus will have a negative impact on sales and earnings. Shares… Continue Reading…

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Predictions, Opinions, & Comments, Stocks

Penny Stock Tip: When The Chips Are Down Don’t Panic

January 22, 2020

If for some reason you bought a penny stock to high or held it for too long DO NOT make a panic sell. You still have options. In the end you may be forced to sell but there’s a chance… Continue Reading…

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