The story on Splunk Inc. (NASDAQ: SPLK) isn’t an unfamiliar one. MarketBeat.com – MarketBeat During the early months of the pandemic, the software stock soared to record highs on the accelerated digital transformation (not to mention stay-at-home trader euphoria). As normalization and Fed rate hikes then set in, the stock fell hard. The surprise departure […]
Contract semiconductor manufacturer GlobalFoundries (NYSE: GFS) is the fourth largest producer of computer chips producing 7% of the world’s supply. This pales compared to the 53% market share controlled by Taiwan Semiconductor Manufacturing Company (NYSE: TSM). It’s ironic that GlobalFoundries was a divestiture of one of Taiwan Semi’s largest contract manufacturing clients, Advanced Micro Devices
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) is a prime example of what can happen when the herd mentality turns bearish. The cybersecurity stock fell to a 52-week low last week as the market slammed a third quarter earnings report that would’ve been applauded in a stronger economy. MarketBeat.com – MarketBeat Contrary to the popular expression, it can
Enterprise data storage solutions provider Pure Storage, Inc. (NYSE: PSTG) stock has been buoyant this year throughout the semiconductor bust cycle. Data storage chip makers and producers experienced normalization as companies pulled back on spending after a strong 2021 rebound. Pure Storage managed to hold its ground for the most part in a trading range
Opinions expressed by Entrepreneur contributors are their own. Just over a month after the controversial NBA star posted a Twitter link to a documentary containing antisemitic tropes, Nike has officially dropped Brooklyn Nets guard Kyrie Irving as a brand ambassador. Mike Stobe | Getty Images The athleticwear giant confirmed the move in a terse message
Opinions expressed by Entrepreneur contributors are their own. Federal authorities are investigating Elon Musk’s Neuralink for potential animal-welfare violations. According to Reuters, staff members have complained that the company is rushing animal testing procedures, causing the animals involved to suffer and die. NurPhoto / Contributor | Getty Images Elon Musk co-founded Neuralink Corporation, a neurotechnology
Iconic Emmy-winning comic actress Kirstie Alley, known for her work on Cheers, Veronica’s Closet, and the Look Who’s Talking films alongside John Travolta, has passed away at the age of 71. Cindy Ord | Getty Images In a statement posted on Instagram, Alley’s children True and Lillie Parker wrote, “We are sad to inform you
The Liver King built a $100 Million a year kingdom hyping a diet of raw meat and rigorous exercise to achieve “strength, health, and happiness.” In his viral videos on TikTok, Instagram, and YouTube, the organ-devouring Liver King loudly evangelized for an “ancestral” caveman-like lifestyle, eating such delicacies as raw liver, bone marrow, and bull
A Michigan woman said she was scammed out of $15,000 when she went to purchase a car she found on Facebook Marketplace. “I just lost all my life savings,” said Nijme Fardous, of Dearborn, per WLWT 5, a television station in Cincinnati. Fardous said she drove from Dearborn to Cincinnati after she saw a listing
Opinions expressed by Entrepreneur contributors are their own. The discrepancy between the quality of digital experiences customers report and what businesses believe they are delivering online is proving to be more significant than previously thought. Only 10% of global customers agree that brands provide a good digital experience, while 82% of marketers believe they are