Intel investors are a diverse group with varying opinions on the company’s direction, but recent developments have led to a slight increase in Intel’s stock price. Stoutbridge Investments filed a lawsuit against Intel, accusing the company of making false and misleading statements about its foundry operations. Despite this legal action, Intel’s foundry business continues to … Read more
Investors in Intel Corporation have the opportunity to take the lead in a securities fraud lawsuit against the company. The lawsuit alleges that Intel made misleading statements and failed to disclose certain information that would have impacted the company’s stock price. The lawsuit particularly focuses on Intel’s involvement in the 2017 Spectre and Meltdown security … Read more
LOS ANGELES – The Schall Law Firm, a national shareholder rights litigation firm, has issued a reminder to investors about a class action lawsuit against Intel Corporation for alleged violations of securities laws. Investors who purchased Intel securities between January 25, 2024, and April 25, 2024, are encouraged to contact the firm before July 2, … Read more
Bright Machines, a San Francisco-based software and robotics startup, recently announced that it raised $106 million in a Series C funding round with investors including Nvidia and Microsoft. The company specializes in creating equipment and software that utilizes artificial intelligence and machine learning to automate manufacturing tasks. In addition to Nvidia and Microsoft, other investors … Read more
Intel executives are facing a shareholder derivative lawsuit from investor Stourbridge Investments, who alleges that they were misled about the financial performance of the company’s foundry business. The lawsuit claims that Intel management made false and misleading statements about the success of the foundry business, resulting in a drop in share price once the true … Read more
It has been a successful year for a group of blue-chip stocks known as the “dogs” of the Dow Jones Industrial Average, a strategy popularized by investor Michael O’Higgins in the 1990s. These stocks have the highest dividend yield at the end of each year, with the aim of benefiting from potential stock price increases … Read more
In the first half of 2024, the stock market has seen significant gains, with the S&P 500 growing by 15% and the Nasdaq Composite by almost 18%. This surge is largely driven by the technology sector, particularly due to the rise of artificial intelligence (AI) related companies. As stock prices climb, some companies, including Broadcom, … Read more
Nvidia is facing challenges that could potentially lead to a similar fate as Cisco or Intel. Investors should be aware of these issues as they consider their investment decisions. One of the main concerns for Nvidia is the cyclical nature of the market. As with any technology company, Nvidia is subject to changes in demand … Read more
The stock market closed with losses, largely due to Nvidia’s decline of around 5%. Despite this, more stocks advanced than fell in the index. Investors are shifting away from AI-related stocks like Nvidia in favor of other options. Nvidia’s stock may face further challenges as it lost a critical support level at $125. Technical indicators … Read more
Bitcoin and Nvidia Corp. experienced significant declines, breaking the notion that the market’s hottest trades are always profitable. Bitcoin faced a steep drop, leaving investors hoping for $60,000 to act as a technical support level. Nvidia, known for its role in the AI revolution, lost almost 7% of its value in just three days, marking … Read more