Page 52 - Stk News Today

(Bloomberg) -- If there was ever a binary trade in China, it’s on whether the country will wind down Covid Zero and reopen its borders. A rally in Macau casino stocks shows some investors are betting that may happen soon, despite plenty of evidence to the contrary.

(Bloomberg) -- Colgate Energy, a private equity-backed energy explorer in the Permian Basin that’s been preparing to go public, is also considering a sale after getting takeover interest, according to people familiar with the matter.

(Bloomberg) -- Walmart Inc. surpassed Wall Street’s quarterly profit expectations and unveiled an upbeat sales outlook for the current fiscal year despite persistent cost pressures and flagging consumer sentiment. Comparable sales at U.S.

(Bloomberg) -- Shares of medical researcher Inotiv Inc. on Thursday extended a decline that began with unexpected losses and continued after the company disclosed that recently bought unit received a grand jury subpoena from Miami prosecutors investigating imports of primates from Asia.

(Bloomberg) -- Intel Corp. agreed to acquire Tower Semiconductor Ltd. for about $5.4 billion, part of Chief Executive Officer Pat Gelsinger’s push into the outsourced chip-manufacturing business.  Intel will pay $53 per share in cash for Tower, according to a statement Tuesday.

(Bloomberg) -- Just when investors are turning bearish on tech stocks, sell-side analysts are sitting tight on their predictions of 50% or more gains for many stocks like Facebook-owner Meta Platforms Inc. As U.S.

(Bloomberg) -- Toyota Motor Corp. and supplier Denso Corp. rose Wednesday after the latter announced it is investing in a venture to build a semiconductor plant in Japan, easing concerns about the supply of key vehicle components.  Toyota and Denso jumped as much as 2% and 3.

(Bloomberg) -- Intel Corp. Chief Executive Officer Pat Gelsinger, who took the job in February 2021, gives himself an A- grade for his first year running the chipmaker. Investors are proving to be tougher graders. No one is faulting the 60-year-old’s energy level and ambition.

(Bloomberg) -- U.S. stocks tied to the travel industry climbed on Monday, led by Las Vegas Sands Corp. and Expedia Group Inc. as concerns over an imminent invasion of the Ukraine eased and Covid-19 continued its retreat. United Airlines Holdings, American Airlines Group, JetBlue Airways Corp.

(Bloomberg) -- Sea Ltd. lost more than $16 billion of value in its biggest daily market drop after India abruptly banned its most popular mobile gaming title. Investors are growing concerned the ban may just be the start of the company’s troubles.