As of Dec. 13, Wolfspeed shares were down by more than 80% in 2024. Wolfspeed is a business in transition. In 2023, it divested itself of its RF devices arm to concentrate on silicon carbide semiconductor products.

(Bloomberg) -- Meta Platforms Inc.’s Instagram will soon account for half of the company’s advertising revenue in the US, according to estimates from research firm Emarketer, further cementing the photo- and video-sharing app’s role as the key growth driver for the company.Most Read from BloombergNYPD Car Chases Are Becoming More Frequent — and More DangerousInstagram has steadily expanded into arguably the most important part of Meta’s business, not only for its role driving revenue but also as

In addition to the sustainability measures for Kindle, Echo and Fire TV products, the company added a tactile feature to aid consumers with visual impairments.

Investors are betting a final 2024 rate cut this week is a sure thing from the Federal Reserve this week, but the bigger question is whether the central bank is ready to scale back what it expects to do in 2025.

In contrast to the S&P 500 or the growth-fueled Nasdaq Composite, the Dow Jones Industrial Average is more value-focused. At the time of this writing, Microsoft (NASDAQ: MSFT), Visa (NYSE: V), and Walt Disney (NYSE: DIS) are up 4%, 10%, and 25%, respectively, in the last three months.

Investing.com -- Micron (NASDAQ:MU) shares could see a sharp move upwards if the memory chipmaker’s upcoming earnings results and guidance come in line with expectations, according to Wedbush analysts.

The tech giant's market cap just rose by more than $200 billion in a single day.

Japanese auto giants Honda and Nissan are in talks to set up a holding company, according to a person with knowledge of the matter, a move that could help them share more resources to face tough competition. Renault is open in principle to a deal that could strengthen Nissan, but it will carefully assess any proposal made to the Japanese company to ensure its own interests are protected, the report said, citing people familiar with the matter.

The study is designed to evaluate the therapy in adults with moderate to severe UC or CD.

Global shares and the U.S. dollar edged up on Wednesday as investors made last-minute adjustments to portfolios in the countdown to the year's final flurry of central bank meetings, while news of a potential Nissan-Honda tie-up lifted car stocks. The Fed is expected to cut rates by a quarter point, but to signal a cautious approach to loosening monetary policy next year. Traders are almost certain the Fed will move the funds rate window 25 basis points lower - from its current 4.5-4.75% range - but lift its long-run interest rate projections.