Franco-Italian chipmaker STMicroelectronics’ fourth-quarter results beat analysts’ estimates on Thursday as demand for chips dedicated to the next generation of smartphones and low-emission cars helped offset a slowdown in more traditional products. STMicro’s results reflect a wider industry move towards more sophisticated semiconductors within the telecoms, auto, and manufacturing sectors, as equipment makers gear up
Traders work on the floor during the Slack Technologies Inc. direct listing at the New York Stock Exchange (NYSE) in New York, U.S. June 20, 2019. Brendan McDermid | Reuters Markets can be overheated without nearing a meltdown. Stocks can be pricey without being on a precipice. It helps to recognize these nuances as Wall
Mike Rasnic sits on the front porch of his home which is surrounded by floodwater on March 22, 2019 in Craig, Missouri. Scott Olson | Getty Images The risks of climate change are already impacting investors, with increasingly frequent climate disasters like wildfires, drought, flooding and heatwaves threatening business operations and properties across the world.
ferrantraite “Adulting” with your money. You’ve got this. Your money is like anything else you need to learn. It seems crazy complicated at first, then bit by bit you learn more, until you realize it’s more accessible than you thought. Even though the adult world has many confusing concepts, remember that most people are not
A Boeing branded 777X-9 sits at Boeing’s facility in Everett after it was announced that their 777X model will make its first test flight later in the week in Everett, Washington, January 21, 2020. Lindsey Wasson | Reuters Boeing‘s 777X, part of a new generation of the wide-body aircraft, took off in its maiden flight
A worker prepares to load a silicon wafer machine in a clean room at the Texas Instruments semiconductor fabrication plant in Dallas, Texas. Jason Janik | Bloomberg | Getty Images Texas Instruments forecast first-quarter revenue above market expectations on Wednesday on signs of stable demand for microchips, indicating that a prolonged slowdown in the semiconductor
Traders work on the floor of the New York Stock Exchange (NYSE) on January 10, 2020 in New York City. Kena Betancur | Getty Images Active portfolio managers could get some help in the battle against passive investing if a new kind of financial instrument gains traction with investors: the “nontransparent ETF.” A nontransparent ETF
Shannon Stapleton | Reuters Peloton Wedbush recently initiated coverage of the exercise equipment maker with an outperform rating and believes the sky’s the limit for the company. The firm called Peloton’s business an “enduring force” and is bullish on the company’s ability to hold and retain customers in its subscription business. “Today, this business is
Just because the IRS is auditing fewer tax returns, don’t assume you can dupe the taxman. With much of the agency’s systems automated to spot certain discrepancies, and some parts of tax returns typically generating more scrutiny than others, the risk of hearing from the IRS still remains. “A lot of this is done by
From a 401(k) plan to pet insurance for Fido, in today’s tight labor market, workers expect far more than just health insurance from their employers. For small businesses, that’s been a problem. There are more small companies and startups than ever before yet, because of their size, these firms have traditionally been at a disadvantage when