To call Advanced Micro Devices (NASDAQ:AMD) stock a "runner" would be no exaggeration, at least from a long-term perspective. Up more than 2,000% since 2015, the shares have enriched patient investors with market-beating returns.Source: Sundry Photography / Shutterstock.com The first half of 2020 has tested AMD stock traders' patience, however. The share price has been stuck in a frustrating range since January. While some lesser-known names are shooting to the moon, AMD shareholders are still waiting for their time in the sun.Should AMD stock traders just give up and move on to something else? That would be an unnecessary mistake as patience has consistently rewarded AMD shareholders. Besides, there are compelling reasons to bet on higher prices as 2020 moves towards its second half.InvestorPlace - Stock Market News, Stock Advice & Trading Tips High Hopes for the Back HalfIf the first half was ho-hum for AMD stockholders, what catalysts are on...
Indeed for North America Director of Economic Research Nick Bunker joins Yahoo Finance’s Zack Guzman to discuss May's shocking jobs report as the U.S. economy unexpectedly added 2.5 million jobs with the unemployment rate falling to 13.3%. ...
(Bloomberg) -- Some of the biggest names in finance and business made a fortune on Zoom Video Communications Inc.: Hong Kong’s Li Ka-shing, Tiger Global Management’s Chase Coleman and, of course, founder Eric Yuan, whose net worth has surged to more than $10 billion.And then there’s Samuel Chen, a little-known Taiwanese investor who made his initial wealth through ink trading and started putting money in the video-conferencing juggernaut about a decade ago.His Digital Mobile Venture Ltd., which participated in Zoom’s early funding rounds, controls a $1.6 billion stake based on Thursday’s closing price, assuming it hasn’t sold stock since the holding was last disclosed at the end of March. Shares of Zoom, which recently reported a 170% increase in first-quarter revenue, have more than quintupled since their initial public offering last year.Chen is also a board member of Taiwan circuit maker Sonix Technology Co., and Digital Mobile is the biggest shareholder...
The Schork Report Editor Stephen Schork joins Yahoo Finance’s Zack Guzman to discuss the latest outlook for oil and gas ahead of the upcoming OPEC+ meeting....
Mall owner giant Simon Property Group Inc (NYSE: SPG) is suing retailer Gap Inc (NYSE: GPS) over unpaid rent and other expenses, The Wall Street Journal reported on Thursday.What HappenedSimon is taking Gap to court as the retailer failed to pay its rent for April, May and June, according to WSJ. Simon is also requesting the court force Gap to pay its attorney fees and other expenses.Simon said in the complaint the requirement that Gap and its entities "timely pay rent due under the leases has not been excused."Gap previously said in April it can't pay rent because of its cash flow problems brought on by the COVID-1 pandemic.Why It's ImportantGap CFO Katrina O'Connell said in its first-quarter conference call on Thursday it's "knee deep with all the landlords today." The executive said it's "very hard" to offer any timeline, although it's looking for ways to "partners with our landlords to...
