This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Wednesday, February 23, 2022 The risks of oil zeroing in on $100 Believe it or not, the current Russia-dominated news cycle has at least a couple of bright spots. The good news is that geopolitical events, like the one that sent the S&P 500 Index reeling into correction territory on Tuesday, tend to move the market in decisive yet mercifully short… Source link
Read More »Watch Out AMD, Intel Is Waking From Its Slumber
Over the last half decade or so, hardly any stocks have outperformed the market to the extent Advanced Micro Devices (AMD) has. The huge market gains have been a reflection of the company’s real-world performance, which has seen the chipmaker considerably close the gap on its traditionally much bigger rival Intel (INTC). Apart from offering superior products, AMD has made the most of Intel’s production delays to eat away at its CPU dominance. However, 2021 is shaping up to be a different… Source link
Read More »