Text size Albemarle and Livent reported solid earnings this past week, sending shares higher. Above, a scientist works on lithium battery research at an Albemarle facility in North Carolina. Logan Cyrus/Bloomberg Lithium is the metal at the center of the electric vehicle revolution and shares of lithium producers have beaten …
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Facebook parent Meta Platforms Inc. META -1.27% gave thousands of employees subpar ratings in a recently concluded round of performance reviews, a signal that more job cuts may be on the way, people familiar with the matter said. The company also cut a bonus metric, the people said, one of …
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Text size Cathie Wood focuses on high-growth stocks. Lauren Justice/Bloomberg High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia , the group said in a statement. ARK snapped up about $35 million worth of Shopify shares. The stock has …
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Text size Oppenheimer expects Nvidia to forecast 9% growth in data-center revenue for its first fiscal quarter from the prior year. Courtesy of NVIDIA Nvidia should be insulated from any slowdown in the broader economy by increased spending on artificial intelligence, said analysts at Oppenheimer and KeyBanc, who lifted their …
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Amazon stock is down more than 35% in the past year. Above, an employee works at a company delivery station Phil Nijhuis / ANP/AFP via Getty Images Text size Quality stocks have been out of favor for a while now. The category includes names that have been slammed but that …
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