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The Latest Breaking News from GlobalFoundries

Dow Jones Slides As Oil Prices Jump; Apple, Tesla Show New Buy Points

The Dow Jones Industrial Average dropped Wednesday, as U.S. oil prices jumped above $113 a barrel. Tesla stock shows a new buy point.

Investors Business Daily

Dow Jones Rallies As Treasury Yields Extend Gains, Nike Jumps On Earnings

The Dow Jones Industrial Average rallied Tuesday, as the 10-year Treasury yield continues to rise. Nike jumped on strong earnings results.

Investors Business Daily

Dow Jones Futures: Stock Market Falls On Powell Comments; 6 Top Stocks To Buy And Watch

Dow Jones futures were higher Tuesday after Monday's stock market fall. Fed Chief Powell said that inflation is too high.

Investors Business Daily

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3 Red-Hot Semiconductor Stocks to Add to Your Watchlist: Rambus, GlobalFoundries, and Kulicke & Soffa

The escalating war between Ukraine and Russia has exacerbated ongoing global supply chain issues and price increases for semiconductor chips. The industry is nonetheless expected to thrive, however, due to rising investments to ramp up production and heightened demand for semiconductor chips in electric vehicles (EVs) and consumer electronics industries.…

StockNews.com

Dow Jones Falls As Oil Prices, Treasury Yields Jump; Boeing Stock Slumps On Airplane Crash

The Dow Jones Industrial Average fell Monday, as oil prices jumped above $108 a barrel. Boeing slumped after a Boeing 737 crashed in China.

Investors Business Daily

Dow Jones Drops Ahead Of Biden-Xi Call; Oil Prices Extend Gains

The Dow Jones Industrial Average dropped Friday ahead of a call between President Biden and Chinese leader Xi Jinping.

Investors Business Daily

GlobalFoundries Stock Surges Amid Heightened Demand For Chips

Contract chipmaker GlobalFoundries is riding high amid heightened demand for semiconductor products during the global chip shortage.

Investors Business Daily

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Here's Why Morgan Stanley Prefers Globalfoundries Over Intel

Morgan Stanley analyst Joseph Moore upgraded Globalfoundries Inc (NASDAQ:GFS) to Overweight from Equal Weight with a price target of $72.50, up from $70 (21.64% upside). Moore downgraded Intel Corp (NASDAQ:INTC) from Equal-Weight to Underweight and announced a $47 price target (3.83% downside). Moore prefers GlobalFoundries over Intel, given his view that the former acts as a hedge against the…

Benzinga

Chipmaker GlobalFoundries Beats Fourth-Quarter Goals, Points Higher

Contract chipmaker GlobalFoundries late Tuesday beat Wall Street's targets for the fourth quarter. GlobalFoundries stock jumped in extended trading.

Investors Business Daily

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