News

Advanced Micro Devices shares lost ground Thursday as Jefferies analysts downgraded the stock, saying they expect the performance gap between AMD's latest products and Nvidia's to widen.

Ferrari may not be immune to Trump tariffs.

Jefferies missed quarterly earnings and revenue estimates as it faced "challenging" capital market conditions.

Steelcase reported better-than-anticipated quarterly profit and sales as orders for its furniture increased.

AMD downgraded, Roku reinstated: Wall Street's top analyst calls

Semiconductors are the silicon backbone of the digital revolution. Still, they’re subject to swings in the broader economy because customers often stockpile chips ahead of demand, and investors seem to believe that inventory levels are correcting - over the past six months, the industry has shed 16.9%. This drawdown was particularly disheartening since the S&P 500 stood firm.

Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor. The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.