A Raspberry Pi 2 Model B single-board computer. Olly Curtis | Future Publishing | Future | Getty Images British computing startup Raspberry Pi on Wednesday said it plans to list in London, in a rare win for the U.K. stock market. Raspberry Pi, which makes tiny single-board computers, is considering an initial public offering on […]
Check out the companies making headlines in midday trading: Walgreens Boots Alliance — The stock advanced 5.4% on news that Walgreens is looking for potential buyers for its $8.8 billion Boots drugstore chain in the U.K., Bloomberg reported Monday. Xponential Fitness — Xponential Fitness shares were last up nearly 11.3% in volatile trading. The stock […]
Jim Cramer’s daily rapid fire looks at stocks in the news outside the CNBC Investing Club portfolio. Intel : Shares rose more than 4% Monday. The Wall Street Journal reported the American semiconductor firm is in advanced talks with private-equity giant Apollo Global Management over funding for a chip manufacturing facility in Ireland. “Maybe this […]
Check out the companies making headlines before the bell. GameStop — GameStop shares rallied more than 37% in the premarket after “Roaring Kitty” posted for the first time in roughly three years . The post, a picture on X of a video gamer leaning forward on their chair as to indicate he’s taking the game […]
Here are the most important news items that investors need to start their trading day: 1. Best of the year The Dow Jones Industrial Average had its best week of 2024 so far with a 2.16% gain. It was also the index’s fourth weekly gain in a row. The S&P 500 and the Nasdaq Composite also […]
Check out the companies making headlines in midday trading. Planet Fitness — Shares jumped 7.9% after trading lower premarket Thursday. First-quarter earnings excluding one-time items of 53 cents a share topped analysts’ consensus estimate of 50 cents, EBITDA of $106.3 million was better than an estimated $104.8 million and comparable unit sales of 6.2% beat […]
The logo of semiconductor design firm Arm on a chip. Jakub Porzycki | Nurphoto | Getty Images Shares of British chip designer Arm closed down more than 2% on Thursday as lackluster revenue guidance clouded a positive sales quarter driven by demand for artificial intelligence applications. Arm reported fiscal fourth-quarter revenue of $928 million Wednesday, […]
Billionaire investors have begun cashing in on their Nvidia bets as the stock rockets toward new highs. But the chipmaking darling is far from the only artificial intelligence stock that’s run too far too fast. Stanley Druckenmiller told CNBC’s ” Squawk Box ” on Tuesday that he trimmed his Nvidia stake in late March, saying […]
