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On Friday, Intel Corporation’s shares tanked after China issued new guidelines telling telecom carriers to stop using Intel chips by 2027. The California-based tech giant’s stock retreated 5.16% to $35.69
Quick Look Bill Smead predicts two significant bear markets soon, echoing early 2000s patterns. Rising inflation is altering investment landscapes, warns Smead. High valuations of growth stocks signal potential downturns.
Nikola Corp.’s shares sank on Thursday after Chairman Steven Shindler pressed for a reverse stock split to prevent a potential NASDAQ delisting. The stock of the Arizona-headquartered automaker plunged 26.73%
On Wednesday, Alibaba ADR’s shares spiked after its founder, Jack Ma, commended the Chinese tech giant’s year-long reorganization. The Hangzhou-headquartered company’s stock advanced 2.19% to $74.59 per share on April
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