Advanced Micro Devices Inc (NASDAQ: AMD) are pushing meaningfully higher on Wednesday as investors await the chipmakers’ earnings on February 2nd. They’re cheering AMD this morning also because the multinational added KC McClure, the chief of finance at Accenture, to its board of directors this week. Following today’s rally, AMD stock is up roughly 25%
Wall Street staged a sharp midday rebound on Wednesday as President Donald Trump told the World Economic Forum he would not use military force to acquire Greenland. The remarks eased the most acute worry roiling markets since his tariff threats sparked the week’s heaviest selloff on Tuesday. The Dow Jones Industrial Average surged 337.89 points,
US President Donald Trump announced Wednesday that after talks with NATO Secretary-General Mark Rutte, the US and NATO have agreed to form a framework for Arctic cooperation centered on Greenland. In a Truth Social post on Wednesday, Trump mentioned that he will pause the 10% tariffs scheduled to take effect on February 1 on eight
Micron stock (NASDAQ: MU) jumped roughly 7% on Wednesday, driven by major Wall Street price-target hikes and a strategic $1.8 billion acquisition of a chip fabrication facility in Taiwan. The combination gave institutional investors reason to believe the memory-chip maker has locked in years of pricing power amid surging demand in the global memory market.
PAVmed Inc (NASDAQ: PAVM) shares more than quadrupled on Wednesday after the company’s subsidiary – Lucid Diagnostics – secured a major contract from the US government. According to PAVM’s press release, the US Department of Veterans Affairs (VA) has joined forces with Lucid to widen access to its EsoGuard Esophageal DNA Test across the VA
Bitcoin rose alongside US equities on Wednesday after President Donald Trump said he hopes to sign market structure legislation for digital assets “very soon” during a World Economic Forum speech in Davos. The remarks helped lift sentiment across risk assets. Data from TradingView showed daily Bitcoin gains of about 1.7% around the time of the
The Senate’s push to set new rules for digital assets has hit a pause, with lawmakers redirecting attention to housing policy and Coinbase withdrawing its backing for the legislation. According to reports by Bloomberg and CoinDesk, the Senate Banking Committee will not return to the crypto bill immediately after postponing a planned markup hearing last
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Japan has restarted a nuclear reactor at the world’s largest atomic power plant for the first time since the 2011 Fukushima disaster, marking a significant milestone in the country’s long and cautious return to nuclear energy. Tokyo Electric Power Co. (Tepco) began restarting Unit No. 6 at the Kashiwazaki-Kariwa nuclear power plant in Niigata prefecture
Chocolate and cocoa giant Barry Callebaut announced Wednesday that it has named former Unilever CEO Hein Schumacher as its new chief executive officer, even as the company reported weaker-than-expected first-quarter results showing a decline in the sales volume of its cocoa products. The chocolate maker announced that its CEO, Peter Feld, will be stepping down