Business

Advanced Micro Devices

Advanced Micro Devices Stock Takes Hit as TSMC Delays High-End Chipmaking Equipment Delivery

Advanced Micro Devices stock witnessed a pre-market decline on Monday following reports of Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) postponing the delivery of high-end chipmaking equipment. TSMC, the major AMD supplier, has decided to push back production at its …

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AMC Entertainment Holdings

AMC Entertainment Holdings (NYSE: AMC): $325.5M Raised in Stock Offering Spurs Pre-Market Rally

Shares of AMC Entertainment Holdings, Inc. (NYSE: AMC) have skyrocketed in pre-market trading Thursday following the successful completion of the stock offering, wherein the cinema chain managed to secure approximately $325.5 million through the sale of 40 million shares. The …

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American Airlines Group

American Airlines Group (NASDAQ: AAL) Stock Plummets as Fuel Costs Impact Q3 Forecasts

American Airlines Group Inc. (NASDAQ: AAL) and Spirit Airlines, Inc. (NYSE: SAVE) saw a notable decline in their share prices on Wednesday following a significant downward revision of their third-quarter earnings forecasts. The move comes as the airline industry grapples …

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Alibaba Group

Alibaba Group (NYSE: BABA) Stock Slides Following Sudden Departure of Daniel Zhang from Cloud Unit

Shares of Alibaba Group Holding Limited (NYSE: BABA) plunged -2.29% in the early trading hours Monday following the abrupt resignation of CEO Daniel Zhang as head of the China-based tech giant’s cloud computing division. The move comes as part of …

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