There was a very mixed bag in short selling in the semiconductor sector. What was interesting was the huge increase in the bets against NVIDIA because it was so far after the…
Samsung, one of the largest companies in South Korea, says it may want to buy US flash chip company Sandisk (SNDK). The US firm’s stock has dropped from a 52-week high of…
Short sellers believe that they have seen the bottom for financial shares and exited the industry en masse. Shares sold short in Merrill Lynch (MER) fell 12.6 million to 42.3 million. Short…
AMD (AMD) sold its TV chip business to Broadcom (BRCM). It was not much of a bone to throw AMD shareholders. The company is still over-leveraged and faced with potential debt service…
According to Reuters, Warren Buffett and the head of Blackstone (BX) called for a solution to the govenment’s growing debt load and reliance of foreign investors to finance US borrowing. Reuters reports…
AMD (AMD) shareholders have on their rally caps. The shares are up 9% to $5.77. PC sales growth for the last quarter was better than expected. MarketWatch writes, Worldwide shipments grew 3.1%…
According to Reuters, Greenspan says the housing market should bottom in 2009. Reuters writes that US auto makers are scrambling to make more fuel-efficient cars. Reuters reports that the SEC is close…
Nvidia (NASDAQ:NVDA) defiled itself with earnings which should undercut investor faith in the company for many quarters to come. The graphics chip firm took a charge of nearly $200 million for releasing…
According to Reuters, JP Morgan (JPM) lost $1.5 billion in July. Reuters writes the UBS (UBS) posted a huge loss and will split itself into a wealth management operation and an investmen…
Intel (INTC) is about to hit the market with a new set of graphics chips and they are aimed directly at the hearts of Nvidia (NVDA) and AMD (AMD) which both count…
American Technology Research has an interesting note out this morning calling for changes in the CPU space where Advanced Micro Devices (NYSE: AMD) and Intel Corp. (NASDAQ: INTC) compete. The call is…
Today was another ugly day on Wall Street as sellers are winning over the conviction that the rumors that the bear was dead might be grossly exaggerated. You’ll probably recognize many chip…
The national economy has gotten so bad, driven by high commodities prices and a credit crisis which cannot seem to find a bottom, that some of America’s most well-known companies will have…
Texas Instruments (TXN) Bad earnings take chip company down. Falls to $23.28 from 52-week high of $38.79. AMD (AMD) Chip company may have changed CEOs but Wall St. still thinks company is…
Since 2006, 24/7 Wall St. has scrutinized public companies on a regular basis, focusing on those with poor management and has suggested which big company CEOs needed to be replaced. Hector Ruiz…
