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Indrek Kasela
AS PRFoods
Member of the Management Board
Phone:+372 452 1470
investor@prfoods.ee
www.prfoods.ee
The outlook for memory chipmakers has worsened in recent months as surging inflation, China's cooling economy and the Russia-Ukraine war hit consumer spending on smartphones and personal computers, a crucial market for the industry. That has driven down chip prices and led to a build-up of inventories, with research firm TrendForce estimating a 3% to 8% drop in prices of DRAM chips during the third quarter of 2022. DRAM chips - widely used in data centers, personal computers, and other devices - account for two-thirds of Micron's revenue, and the company also makes NAND memory chips that serve the data storage market.
The FDA requested vaccine makers update their Covid shots to include an omicron-fighting element on Thursday, and BNTX stock surged.
Memory-chip maker Micron Technology badly missed estimates with its guidance for the current quarter. MU stock fell on the news.
The Dow Jones Industrial Average dived 575 points Thursday after a key inflation reading, threatening to extend this week's losses.
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Shares of Amazon (NASDAQ: AMZN), Apple (NASDAQ: AAPL), and Nvidia (NASDAQ: NVDA) were all falling this morning after the Commerce Department reported its latest inflation figures, which showed inflation remains persistently high. The report said that the core personal consumption expenditures index rose 4.7% in May, only slightly less than expected and still a four-decade high. Technology investors have been watching inflation figures very closely, and with today's report, Amazon plunged 3.5%, Apple fell 2.4%, and Nvidia dropped 2.2%.
After benefiting from years of outsize gains, many companies have turned to stock splits to make shares appear more affordable. Stock splits do not directly add to shareholder wealth. This increased interest could give an added boost to Amazon (NASDAQ: AMZN), DexCom (NASDAQ: DXCM), and Shopify (NYSE: SHOP).
Solo Stove knocks up to 45 percent off fire pits for July 4th, bringing the cheapest of the bunch down to $200.
(Bloomberg) -- Enjoy Technology Inc., a retail startup founded by former Apple Inc. executive Ron Johnson, filed for bankruptcy on Thursday -- less than a year after going public through a merger with a blank-check company.Most Read from BloombergDemocrats Weigh Paring Biden Tax Hike to Win Over ManchinThe Wheels Have Come Off Electric VehiclesSupreme Court Crimps Biden’s Climate Agenda With Limits on EPAStocks Jolted by Recession Scare as Bonds Surge: Markets WrapTrump’s Final Scene Didn’t Go A
In this article, we will be taking a look at 10 extreme dividend stocks with upside potential. To skip our detailed analysis of dividend investing, you can go directly to see the 5 Extreme Dividend Stocks with Upside Potential. Dividend investing has been an attractive prospect for individual investors and hedge funds alike for many years. […]
Citi Leisure Analyst James Hardiman joins Yahoo Finance Live to discuss the decline in cruise stocks ahead of the summer travel season, the demand for travel amid inflation, the state of the economy, and the outlook for the cruise line sector.
These stocks are priced for an industry-wide calamity, but how realistic is that considering their customer base?
What to watch in markets on Thursday, June 30, 2022.
The current market conditions – the NASDAQ is down 29% year-to-date, and the S&P 500 is down 21% – offer bargain hunters a target-rich environment. Plenty of sound stocks have seen their prices decline, pulled down by the general market headwinds and the overall stock trend, to levels that have left them too cheap to ignore. At this level, investors can find the benefits of cheap stocks, which offer both learning opportunities and strong upside potential. However, in evaluating stocks to buy, it
A couple of stocks that I would be very cautious with right now are Novavax (NASDAQ: NVAX) and Rivian Automotive (NASDAQ: RIVN). Novavax's COVID-19 vaccine is approved for use in many countries, with Taiwan being the latest (on June 23) to grant it Emergency Use Authorization (EUA).
Camelot loses legal battle to keep hold of National Lottery A defence spending cut – disguised by Boris Johnson's fiscal sleight of hand FTSE 100 falls 0.8pc as recession fears return Ben Marlow: Heathrow risks killing off the golden age of air travel Sign up here for our daily business briefing newsletter
Japan Airlines Co Ltd (OTC: JAPSY) is considering replacing its older Boeing Co. (NYSE: BA) 737 short-haul fleet with more modern and fuel-efficient models, Bloomberg reported, citing people familiar with the matter. The airline operates 45 of the 737 jets with an average age of about 12.5 years and is currently deciding between the 737 Max range and Airbus SE's (OTC: EADSY) A320neo family, stated the report. An order could be for between 30 and 50 of the narrow-body jets. Japan is reportedly co
Shares of Dutch Bros (NYSE: BROS) were tasting like a day-old cup of coffee in morning trading, with the stock falling 7.2% at 11:25 a.m. ET Thursday, though there was no company-specific news to drive the movement. The drive-thru coffee shop's stock fell sharply after the company released its earnings report in May over concern about inflation's impact on its business. Over a quarter of the coffee slinger's shares outstanding are sold short as of the latest report in June, and meme-stock traders are known to favor such situations in hopes of triggering a short squeeze by piling into the stock.
Sanofi stock crumbled Thursday after the FDA slapped two of its final-phase studies with a hold, citing safety concerns.
Advanced Micro Devices is declining to new 52-week lows and is now down 54% from its all-time high just just seven months ago. For now, Micron's earnings report after the close remains a bit of a wildcard for semi-stock investors, as it sits on a critical support level. Regarding AMD stock specifically, the valuation has been pummeled, as the stock price has been more than halved while earnings estimates remain steady — at least so far.
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