The optimism that infused Asian and European markets on Monday evaporated as the global trading session progressed, with U.S. investors taking a 'glass half empty' view on the current global uncertainty surrounding tariffs and outlook for economic growth. Wall Street's underperformance ended up being pretty marginal, but there is little doubt that a re-rating of U.S. assets is underway. After 100 days under Trump, investors reassess theallure of 'brand USA' 2.
We recently published a list of Top 10 Stocks to Watch as Investors Brace for Recession. In this article, we are going to take a look at where NXP Semiconductors N.V. (NASDAQ:NXPI) stands against other top stocks to watch as investors brace for recession. Despite some optimism in the market after President Donald Trump’s indication […]
Shares of silicon carbide chipmaker Wolfspeed (NYSE: WOLF) rocketed 26.9% on Monday. With such a sky-high short interest of 41% of shares outstanding and 64% of Wolfspeed's float as of April 15, it appears as though many short sellers have decided -- or have been forced -- to close out their positions, leading to a "short squeeze." Wolfspeed has spent billions of dollars and taken on significant debt in order to build out silicon carbide (SiC) manufacturing capacity in the U.S. SiC is a difficult material to work with, but it also makes for a more conductive chip, which is especially useful in high-voltage, high-temperature applications like electric vehicles (EV) and other industrial infrastructure.
(Bloomberg) -- NXP Semiconductors NV announced a new chief executive officer as part of its quarterly earnings report and warned that the chipmaker was navigating “a very uncertain environment” due to tariffs.Most Read from BloombergNewsom Says California Is Now the World’s Fourth-Biggest EconomyNYC’s Congestion Toll Raised $159 Million in the First QuarterNew York City Transit System Chips Away at Subway Fare EvasionAt Bryn Mawr, a Monumental Plaza Traces the Steps of Black HistoryThe Last Thin
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