The optoelectronics company announced a new product that it says will serve electric-vehicle applications.
Deep Dive: Patience can pay off tremendously for investors in the stock market. Here’s how one fund manager does it.
The Needham Aggressive Growth Fund focuses on small and midsize companies but also counts Apple among its largest holdings, having bought the stock in 2006.
The Ratings Game: Meta is in rare company in the AI revolution, says analyst
A lot of companies talk up their artificial-intelligence opportunities, but Meta is one of just a “handful” that can see serious financial benefits.
Metals Stocks: Gold ends higher, then falls after Fed holds key interest rate unchanged
Gold futures settled higher Wednesday after data showed U.S. wholesale prices eased in May, providing another sign that inflation pressures are abating. After the Federal Reserve says its keeping its key interest rate unchanged, prices for the precious metal moved lower in electronic trading.
: ECB set to hike interest rates. The question is how much further it’ll go.
The ECB on Thursday is expected to increase its key rate by a quarter-point, taking rates to 3.5%, bringing the cumulative increases to 4 percentage points this cycle.
: Metaverse true believers say ‘I told you so’ after Apple’s Vision Pro launch
Like devoted cult members, metaverse advocates are touting Apple’s Vision Pro and the incessant chatter about AI as proof of the viability of the metaverse.
In One Chart: Stock-market bull warns Fed pause could trigger classic ‘sell-the-news’ pullback
U.S. stocks are on an “unsustainable” near-term trajectory, leaving them vulnerable to a ‘sell the news’ pullback if the Federal Reserve holds interest rates steady, says a top Wall Street technician.
The Ratings Game: AMD is chasing down Nvidia in AI, but one analyst worries the company is ‘somewhat late’
AMD generally won praise in the wake of new AI product announcements, but at least one analyst worries that the company is late to the game.
Need to Know: Recession? Who cares! Deutsche Bank shares Goldman’s bullish stocks view as banks split on downturn.
Deutsche Bank is sticking to its call for the S&P 500 to reach 4,500 — the same near-the-top-of-the-Street outlook as Goldman Sachs, which says the U.S. should avoid a recession.
The Ratings Game: Why SoFi’s stock is this analyst’s top pick in fintech
SoFi Technologies Inc. shares have more than doubled on the year, but they’re still cheap in the eyes of BTIG analyst Lance Jessurun.
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