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Alpine Auto Brokers Inc. (ALTB)

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As of November 29 at 3:00 PM EST. Market Open.

Intel CEO Pat Gelsinger pushed out following tumultuous tenure leading the chip giant

Intel CEO Pat Gelsinger retired over the holiday weekend, leaving the tech giant with new leadership amid the pivotal AI transition.

Yahoo Finance 5 hours ago

INTC

AMD

TSM
Block, Super Micro Computer, Bumble: Top stories

Yahoo Finance Special Reporter Akiko Fujita dives into three top market stories. Bernstein has raised its price target for Block (SQ) (formerly Square) to $120, designating it as the firm's "new best idea." The upgrade is based on expectations of strong profitability growth for the fintech company. Super Micro Computer's (SMCI) stock is gaining momentum following the results of an independent review that found no evidence of misconduct at the server provider. This development comes as its accountant resigned citing transparency concerns. Meanwhile, dating app company Bumble (BMBL) has announced that CFO Anu Subramanian will step down from her position in 2025. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Angel Smith

Yahoo Finance Video 1 hour ago

BMBL

SQ

SMCI
Marvell expands AWS collaboration with five-year agreement

Marvell Technology (MRVL) is expanding its strategic collaboration with Amazon Web Services (AMZN) through a new five-year agreement for the latter's AI and date center services. Marvell stock is getting a boost Monday morning on this news. Brad Smith and Madison Mills report more on these headlines on today's episode of Wealth. To watch more expert insights and analysis on the latest market action, check out more Wealth here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 3 hours ago

AMZN

MRVL
Stellantis CEO resigns: 3 things the next CEO needs to fix

Stellantis (STLA) CEO Carlos Tavares resigns from the automaker over disagreements with its board of directors. The company plans to find a replacement within the first half of 2025. Yahoo Finance autos reporter Pras Subramanian lists the three biggest areas that the next Stellantis chief executive will have to focus on. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 5 hours ago

STLA
Nasdaq leads morning gains in first December session

Starting the first trading session of December, the Nasdaq Composite (^IXIC) leads stocks in gains as it jumps higher than 0.5% after the opening bell; the index is up over 28% year-to-date. Morning Brief host Brad Smith and Yahoo Finance markets and data editor Jared Blikre observe this morning's market action, while looking back on the three major indexes' (^DJI, ^IXIC, ^GSPC) performances in 2024, November's sector winners and losers, and Intel's (INTC) stock performance since Pat Gelsinger came on as CEO. Intel announced Gelsinger's retirement as CEO earlier this morning. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.

Yahoo Finance Video 5 hours ago

^DJI

^GSPC

^IXIC
Trump’s pick to run FCC is an ominous sign for Big Tech

The country’s tech titans might need to start fortifying defenses against the agenda of incoming Federal Communications Commission chair Brendan Carr.

Yahoo Finance 10 hours ago

AAPL

GOOG

META
Nvidia Partner Super Micro Sees Shares Surge 30% After Internal Review

No board or audit committee malfeasance or financial restatements were uncovered by an independent examination

GuruFocus.com 27 minutes ago

SMCI

NVDA
Magnificent Seven Stocks: Nvidia Stock Reverses Lower, Tesla Rallies On Upgrade; Apple Tops New Buy Point

Nvidia stock reversed lower Monday, while Tesla surged on an analyst upgrade. Apple is breaking out past a new buy point.

Investor's Business Daily 33 minutes ago

NVDA

AAPL

TSLA
Dow Jones Tech Titan Apple Breaking Out Today; Meta Stock Eyes New Entry

Dow Jones tech titan Apple stock is breaking out, while AI leader Meta stock is nearing a new buy point on the stock market today.

Investor's Business Daily 46 minutes ago

AAPL

META

ERJ
Why Taiwan Semiconductor Stock Was Moving Higher Today

Shares of Taiwan Semiconductor (NYSE: TSM) were moving higher today even though there was no company-specific news out on the stock. Instead, investors seemed to react positively to news that Intel CEO Pat Gelsinger had retired over the weekend, apparently being pushed out after the stock had flailed under his tenure. TSMC shares rose on the news as Gelsinger's departure seems to signal a setback in Intel's foundry strategy.

Motley Fool 48 minutes ago

TSM

INTC
Lululemon (LULU) Stock Trades Up, Here Is Why

Shares of athletic apparel retailer Lululemon (NASDAQ:LULU) jumped 5.2% in the morning session after data from Adobe Analytics, which tracks retail transactions, revealed that shoppers spent a record $10.8 billion online on Black Friday (2024), representing more than a 10% growth compared to the previous year, and more than double what consumers spent in 2017.

StockStory 50 minutes ago

LULU
Why Upstart (UPST) Stock Is Nosediving

Shares of aI-powered lending platform Upstart (NASDAQ:UPST) fell 13.7% in the afternoon session after J.P. Morgan analyst Reginald Smith downgraded some fintech stocks due to growth and valuation concerns. Smith downgraded Upstart from Neutral to Underweight (Sell), adding "We expect the third-party funding environment to improve in 2025, which appears to be more than priced in at current levels, with shares trading nine times forward sales.".

StockStory 55 minutes ago

UPST
Why Meta Platforms (META) Is the Best Stock to Buy For Long Term Growth?

We recently published a list of 10 Best Stocks to Buy For Long Term Growth. In this article, we are going to take a look at where Meta Platforms, Inc. (NASDAQ:META) stands against other best stocks to buy for long term growth. Strategist Expects S&P 500 to reach 6,600 Some investors consider 2024 as a […]

Insider Monkey 55 minutes ago

META

^GSPC
Markets edge higher to start December. Movers: Super Micro, Lululemon, Norwegian Cruise Line

Here are the stocks making the biggest market moves midday.

TheStreet 1 hour ago

SMCI

LULU

NCLH
Factbox-As CEO Tavares leaves Stellantis, market speculates on successor

Carlos Tavares abruptly resigned on Sunday as CEO of Stellantis, two months after a profit warning, and the carmaker said it would seek to appoint a permanent successor in the first half of next year. The Stellantis board is considering the head of North American operations Antonio Filosa and procurement Chief Maxime Picat as internal candidates for the CEO position, a source close to the matter said on Monday. In the meantime the maker of brands including Jeep, Ram, Fiat and Peugeot, will be run by a newly-established Interim Executive Committee, headed by the group's Chairman John Elkann.

Reuters 1 hour ago

STLAM.MI
Intel CEO Forced Out by Board Frustrated With Slow Progress

(Bloomberg) -- Intel Corp. Chief Executive Officer Pat Gelsinger was forced out after the board lost confidence in his plans to turn around the iconic chipmaker, adding to turmoil at one of the pioneers of the technology industry.Most Read from BloombergRiyadh Metro Partially Opens in Bid to Ease City’s Traffic JamsAs Wars Rage, Cities Face a Dark New Era of Urban DestructionThe clash came to a head last week when Gelsinger met with the board about the company’s progress on winning back market s

Bloomberg 1 hour ago

INTC

NVDA
The Nasdaq hits a new record as Tesla and Intel push tech stocks higher

The tech-driven Nasdaq reached a high on Monday, driven by gains by Intel and Tesla (TSLA), getting December off to a good start after a November that was the best month of 2024 for both the Dow and S&P 500. In the afternoon, the Dow Jones Industrial Average slipped 0.25%, while the S&P 500 rose 0.27% and the Nasdaq climbed 1%.

Quartz 1 hour ago

TSLA

INTC

SMCI
Unveiling Lululemon (LULU) Q3 Outlook: Wall Street Estimates for Key Metrics

Evaluate the expected performance of Lululemon (LULU) for the quarter ended October 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.

Zacks 1 hour ago

LULU
Vauxhall’s Luton plant ‘still faces closure’ despite shock exit of cost-cutting chief

The ousting of Carlos Tavares as boss of Vauxhall’s owner is unlikely to save its Luton van plant, industry experts have warned.

The Telegraph 1 hour ago

STLAM.MI
Stellantis considers Picat and Filosa for CEO, says source

PARIS (Reuters) -The board of Stellantis is considering its head of North American operations, Antonio Filosa, and procurement chief Maxime Picat as internal candidates for the CEO position, a source close to the matter said on Monday. Stellantis CEO Carlos Tavares resigned abruptly late on Sunday over growing disagreements with the automaker's board and leading shareholders. Picat, 50, currently chief purchasing and supplier quality officer at Stellantis, previously served as chief operating officer for the enlarged Europe region when the group was created in January 2021.

Reuters 1 hour ago

STLAM.MI

Performance Overview

Return	ALTB	S&P 500
YTD	-48.21%	+26.82%
1-Year	-48.21%	+31.66%
3-Year	+102.00%	+34.04%

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Related News

Intel CEO Pat Gelsinger pushed out following tumultuous tenure leading the chip giant

Block, Super Micro Computer, Bumble: Top stories

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Stellantis CEO resigns: 3 things the next CEO needs to fix

Nasdaq leads morning gains in first December session

Trump’s pick to run FCC is an ominous sign for Big Tech

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Markets edge higher to start December. Movers: Super Micro, Lululemon, Norwegian Cruise Line

Factbox-As CEO Tavares leaves Stellantis, market speculates on successor

Intel CEO Forced Out by Board Frustrated With Slow Progress

The Nasdaq hits a new record as Tesla and Intel push tech stocks higher

Unveiling Lululemon (LULU) Q3 Outlook: Wall Street Estimates for Key Metrics

Vauxhall’s Luton plant ‘still faces closure’ despite shock exit of cost-cutting chief

Stellantis considers Picat and Filosa for CEO, says source

Performance Overview