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Chip Stocks At 'Premium Valuations': Why Bank Of America Is Bullish On Semiconductors In 2024
Wednesday, January 3, 2024 - 3:12pm | 780Semiconductor stocks have fallen in the first two trading sessions of 2024. Is this a sign of a strained market with valuations running too hot and prompting investors to take profits? Bank of America said it remained bullish on the Philadelphia Semiconductor Index (SOX) for 2024, despite its 65%...
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Nancy Pelosi, Husband Bet Millions On Nvidia Stock After Missing Out On Earlier $8-Million Profit
Friday, December 22, 2023 - 12:45pm | 713U.S. Rep. Nancy Pelosi‘s trades are among the most followed in Congress, and the California Democrat’s stock and options trading activity while in office continues Friday with a trade in the hot artificial intelligence and semiconductor stock NVIDIA Corporation (NASDAQ:NVDA). What...
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Nancy Pelosi's Premature Nvidia Sale Costs Her A Fortune In Lost Gains
Wednesday, August 23, 2023 - 12:11pm | 918Former Speaker of the House Nancy Pelosi is one of the most high-profile members of Congress when it comes to buying and selling stocks and options. Pelosi's trading activity is well-documented and helped lead to the creation of Congress-themed ETFs, with one bearing her name as the ticker...
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Senator's Perfect Timing? Russian War-Linked Biotech Buy Raises Eyebrows Amid Trading Ban Debate
Wednesday, August 16, 2023 - 3:53pm | 1302The public's scrutiny of Congress members trading stocks and options has intensified as websites and social media increasingly broadcast the disclosed data. Calls to ban congressional members from trading stocks and options have increased, and legislation was recently introduced to enact...
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This Dublin Gravel Supplier Is Undervalued Compared To Rivals VMC, MLM: Here's Why
Monday, June 5, 2023 - 4:41pm | 463A construction supply company stands to benefit from recent U.S. government initiatives. What Happened: According to Street Sheet, traders would be wise to consider CRH plc (LON: CRH), which currently touts a $35.4 billion market cap. The Dublin-based company will likely see an uptick in demand for...
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Nancy Pelosi Sold Nvidia Early: Here's How Much She Missed In Profits
Friday, May 26, 2023 - 11:00am | 854Former Speaker of the House Nancy Pelosi is one of the most-watched members of Congress when it comes to buying and selling stocks and options. Many of the trades made by Pelosi and her husband Paul Pelosi are closely monitored, as they often come with accusations of trading on insider...
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Semiconductor Sector (Mostly) Moves To The Green Despite TSMC's Pessimistic Guidance: Find Out Why
Thursday, April 20, 2023 - 3:06pm | 923Stock from Taiwan Semiconductor Mfg. Co. Ltd. (NYSE:TSM) rose 4.1% by mid-day Thursday, even as the company predicted worse revenue next quarter when compared to last year. In its latest earning call for first quarter of 2023, TSMC posted first-quarter revenue at $16.72 billion, a 4.8% decrease...
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Intel, Taiwan Semiconductor Could Face Limits On Future Growth With New Federal Restrictions
Tuesday, March 21, 2023 - 10:49am | 575Semiconductor companies could be under pressure with tighter restrictions being placed on companies operating in China. What Happened: New restrictions coming from President Joe Biden's administration could limit the amount of federal money semiconductor companies receive if they have...
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Nancy Pelosi Lost Money On 75% Of Recent Trades: Here's Where It Went Wrong
Monday, October 17, 2022 - 11:42am | 784Speaker of the House Nancy Pelosi is one of the many members of Congress who has been targeted with talks of new legislation to ban members of office and their spouses from trading stocks and options. A new filing shows Pelosi and husband Paul Pelosi's recent trades. Pelosi's...
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It Wasn't Pelosi, Part 2: Congress Member Spends Half Their Salary On Chip Stock Ahead Of The CHIPS Act
Thursday, September 15, 2022 - 5:30pm | 726Stop me if you’ve heard this one before. A member of Congress made a questionable stock purchase that was well-timed with legislation. Here’s that latest Congress stock trade that will be publicly scrutinized. What Happened: A new filing from Sen. Tommy Tuberville, an Alabama Republican...
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Remember Nancy Pelosi's Losing Nvidia Trade? Here's Why It Was A Winner In The End.
Thursday, September 1, 2022 - 4:40pm | 873Speaker of the House Nancy Pelosi has been one of the most high-profile members of Congress when it comes to buying and selling stocks and options thanks to her husband Paul Pelosi, a venture capitalist. One 2022 transaction was highly scrutinized thanks to a trip to Taiwan by Pelosi and her...
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3 Dividend Plays To Watch in Semiconductors With The CHIPS Act As Law of The Land
Saturday, August 13, 2022 - 12:14pm | 467President Joe Biden recently signed the $280 billion dollar CHIPS and Science Act, setting aside roughly $52 billion dollars to bolster the U.S. computer chip sector. After supply chain shortages and record demand for semiconductors, the CHIPS act will boost the domestic semiconductor...
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Nancy Pelosi Meets With Taiwan Semiconductor: Will It Help Line The Speaker's Pockets?
Wednesday, August 3, 2022 - 1:19pm | 923Speaker of the House Nancy Pelosi made headlines this week with a highly scruntinized visit to Taiwan, a move that led to crisis control from the White House and affect relations between China and the U.S. going forward. The visit to Taiwan could also have a large impact on the semiconductor...
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Intel Q2 Earnings Takeaways: Adverse Market Conditions Hurt Revenue, Guidance, Sending Investors Running
Thursday, July 28, 2022 - 4:53pm | 507Chipmaker Intel Corporation (NASDAQ: INTC) is seeing shares drop in the after-hours session Thursday after reporting second-quarter results after the market close. Here are the key highlights for investors. What Happened: Intel reported second-quarter revenue of $15.3 billion, down 22% year-...
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Qualcomm Exclusive: CFO On How Samsung License Extension Offers New Revenue Opportunities, Cloud Growth And iPhone 2023 Rumors
Wednesday, July 27, 2022 - 5:48pm | 750Semiconductor company Qualcomm Inc (NASDAQ: QCOM) reported third-quarter results after the market close Wednesday. Here are the key highlights and exclusive comments from Chief Financial Officer Akash Palkhiwala. What Happened: Qualcomm reported third-quarter revenue of $10.9 billion, up 37% year-...