Tech & Momentum

Advanced Micro Devices 1% Weaker, Bernstein Wary of GPU Prices

Advanced Micro Devices 1% Weaker, Bernstein Wary of GPU Prices

Advanced Micro Devices (AMD) shares were more than 1% lower in late trade on Wednesday as Bernstein grew wary of the average selling selling prices of its graphic processing units. “Analysis of available data suggests CPUs have likely been relatively flattish, with strong Ryzen offset by legacy declines,” Bernstein said […]

Facebook Reaches All-Time High – Instagram Achieves Milestone of 1 Billion Monthly Active Users

Facebook Reaches All-Time High – Instagram Achieves Milestone of 1 Billion Monthly Active Users

Facebook (FB) shares reached an all-time high of $203.55 on Wednesday, but were trading at $202.03 on last look for a 2.3% gain from the previous close, after Instagram said Wednesday it has reached 1 billion monthly active users, after hitting 800 million monthly active users in September 2017. Instagram’s […]

Comcast Said to be Planning to Up its Offer to $41/Share After 21st Century Fox Accepts Disney’s Revised Bid

Twenty-First Century Fox (FOX, FOXA) shares jumped more than 7% intraday after Fox Business reported Comcast Corp. (CMCSA) is likely to raise its bid for 21st Century Fox’s (FOX, FOXA) assets to at least $41 per share.This comes as 21st Century Fox accepted Walt Disney’s (DIS) higher offer of $38 […]

AMC to Launch Stubs A-List Subscription Service to Complete with MoviePass

AMC Entertainment Holdings (AMC) said Wednesday that it will launch the Stubs A-List subscription service on June 26 to compete with the popular MoviePass. The Stubs A-List service, which will cost $19.95 per month, will allow subscribers to watch up to three movies per week in any and all formats […]