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Technology Shares Move Lower – Tech Roundup
Shares of technology companies fell to close out a volatile week. Across the U.S. and beyond, companies, governments and households that bulked up on computers during the pandemic are drastically scaling back. PC and chip makers say the market slump is hitting their results, often harder than expected. Cloud-computing company Nutanix is exploring a sale …
Microchip Technology Inc. stock outperforms competitors on strong trading day
Shares of Microchip Technology Inc. MCHP, +4.63% rallied 4.63% to $58.75 Thursday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX, +1.50% rising 1.50% to 3,902.62 and the Dow Jones Industrial Average DJIA, +1.12% rising 1.12% to 31,384.55. This was the stock’s second consecutive …
BMW recalls 917,000 vehicles due to engine fire risk
DETROIT (AP) — BMW is recalling more than 917,000 older cars and SUVs in the U.S. — most for a third time — to fix a problem that can cause engine compartment fires. The recall covers many 3 Series, 5 Series, 1 Series, X5, X3, and Z4 vehicles from the 2006 through 2013 model years. …
European stocks rally at the open and bund yield turns positive on report of joint European Union spending
European stocks enjoyed an unusually strong open on Tuesday after a weak Wall Street finish, after a report the European Union will consider jointly issuing bonds to finance energy and defense spending. The Stoxx Europe 600 SXXP, +0.81% gained over 1% in early action, as the French CAC 40 PX1, +1.75% gained 2.5%, the German …
Seagate Technology Holdings PLC stock falls Wednesday, underperforms market
Shares of Seagate Technology Holdings PLC STX, -1.33% shed 1.33% to $92.69 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index SPX, -0.54% falling 0.54% to 4,223.70 and Dow Jones Industrial Average DJIA, -0.77% falling 0.77% to 34,033.67. This was the stock’s sixth consecutive …
Micron Technology Inc. stock falls Wednesday, underperforms market
Shares of Micron Technology Inc. MU, -2.06% shed 2.06% to $80.49 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX, -0.54% falling 0.54% to 4,223.70 and Dow Jones Industrial Average DJIA, -0.77% falling 0.77% to 34,033.67. The stock’s fall snapped a four-day winning …
Microchip Technology Inc. stock rises Wednesday, still underperforms market
Shares of Microchip Technology Inc. MCHP, +0.11% inched 0.11% higher to $155.49 Wednesday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.14% rising 0.14% to 4,208.12 and the Dow Jones Industrial Average DJIA, +0.07% rising 0.07% to 34,600.38. Microchip Technology Inc. closed $11.18 …
Email trove shows Fauci and China health official exchanged correspondence early in the pandemic
Dr. Anthony Fauci corresponded with a Chinese health official early in the pandemic, acknowledging the “crazy people in this world” and vowing to “get through this together,” a new report revealed Tuesday. The nation’s top expert on infectious diseases received an email March 28, 2020, from George Gao, director of the Chinese Center for Disease …
Resource plays lead London market higher after 3-day break
U.K. stocks returned on Tuesday from a three-day break with strong gains, as commodity plays surged, with oil prices at a more than two-year high. Miners including Rio Tinto RIO, +3.76% and Anglo American AAL, +4.50%, and energy producers BP BP, +2.17% and Royal Dutch Shell RDSB, +1.73%, helped the FTSE 100 UKX, +1.12% jump …
Micron Technology Inc. stock rises Monday, outperforms market
Shares of Micron Technology Inc. MU, +2.70% rose 2.70% to $82.90 Monday, on what proved to be an all-around great trading session for the stock market, with the S&P 500 Index SPX, +0.99% rising 0.99% to 4,197.05 and the Dow Jones Industrial Average DJIA, +0.54% rising 0.54% to 34,393.98. Micron Technology Inc. closed $14.06 short …
