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Novartis and Boston Scientific Slide, Intel Price Hikes | Stock Movers
Bloomberg16d agoneutralVIDEO
Novartis and Boston Scientific Slide, Intel Price Hikes | Stock Movers

On this episode of Stock Movers: - Novartis (NOVN) shares are lower as it suffered its third clinical-trial setback in a week after a treatment for a rare muscle-wasting disease failed a late-stage study. - Boston Scientific (BSX) shares are moving on news it said that fallout from a cybersecurity incident has impacted its ability to ship its products to customers and will cause the medical devices company to miss its sales growth and earnings estimates for the year. - Intel (INTC) is rising on a report that the company could raise computer chip prices next month.

Stocks to Watch: PG&E, Intel, Chevron
The Wall Street Journal24d agoneutral
Stocks to Watch: PG&E, Intel, Chevron

↘️ PG&E (PCG): Shares of the California utility sank 8% premarket after lawmakers over the weekend introduced wildfire legislation that left out Gov. Gavin Newsom’s proposal to block insurance companies from suing utilities for wildfire-related claims.

The US is holding itself back in AI race as admin. weighs semiconductor tariffs
Yahoo Finance Video28d agoneutralVIDEO
The US is holding itself back in AI race as admin. weighs semiconductor tariffs

The Trump administration is weighing options for a new round of tariffs on semiconductors, according to POLITICO reporting. Morning Brief Host Jake Conley is joined by Yahoo Finance Senior Reporter Pras Subramanian and AInvest managing editor Adam Shapiro to discuss how the US may be holding itself back in the AI race with these trade policies.

Investors Don’t Seem to Believe Nvidia’s Earnings Story
The Wall Street Journal29d agoneutral
Investors Don’t Seem to Believe Nvidia’s Earnings Story

Nvidia—looking to beat analysts' already high expectations for the 15th quarter in a row—may be in league of its own in tech. But Wall Street sure isn't acting like it. The forward price to earnings ratio for shares of the world's most valuable company is dragging behind chip-makers and other large tech players, perhaps because of concerns about financing risks, long-term revenue generation, or expectations that are just too high.