AMD to buy cloud startup Pensando for $1.9 billion in data center push

Signs of AMD are seen at the China Digital Entertainment Expo and Conference, also known as ChinaJoy, in Shanghai, China July 30, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register April 4 (Reuters) – Chip designer Advanced Micro Devices (AMD.O) said on Monday it would acquire cloud startup Pensando for $1.9 … Read more

Car Dealerships Are Getting Bigger And Bigger

Dealerships in America keep getting bigger and bigger, with consolidation on the rise. All that and more in The Morning Shift for April 4, 2022. 1st Gear: Consolidation Is Up The industry trade that is Automotive News reports a lot on the business of car dealerships, and this year’s report is that consolidation is continuing … Read more

JPMorgan’s Dimon warns of possible $1 billion Russia loss

Dimon concerned about secondary impact of Ukraine conflict Dimon calls for increased US military presence in Europe Dimon urges revamp of US supply chain Fed rate hikes could be higher than market expectations -Dimon NEW YORK, April 4 (Reuters) – JPMorgan (JPM.N) could lose about $1 billion on its Russia exposure, Chief Executive Jamie Dimon … Read more

CEO of Robinhood rival shines fresh light on what retail investors are doing. Wall Street needs to pay attention.

From the start of the COVID-19 pandemic two years ago, a newish crowd of retail investors emerged, pouring extra cash into equity markets and steering Wall Street into places they never dreamed of, such as meme stocks. Our call of the dayfrom the founder and chief executive officer of competitive stock trading app Zingeroo, says … Read more

Ford’s first quarter sales fall 17% as automaker battles chip shortage

An employee works on the 40 millionth Ford Motor Co. F-Series truck on the assembly line at the Ford Dearborn Truck Plant on January 26, 2022 in Dearborn, Michigan. Jeff Kowalsky | AFP | Getty Images DETROIT – Ford Motor’s US sales of new vehicles declined 17% during the first quarter, including a 26% slide … Read more

5 things to know before the stock market opens Monday, April 4

Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks higher but key Treasury spreads remain inverted Traders on the floor of the NYSE, March 31, 2022. Source: NYSE US stock futures rose modestly Monday, with the tech-heavy Nasdaq looking the strongest. Twitter shares … Read more

Joe Manchin opposes SEC climate disclosure rule

Chairman Joe Manchin, DW.Va., conducts a Senate Energy and Natural Resources Committee hearing on domestic and international energy price trends, in Dirksen Building on Tuesday, November 16, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images Sen. Joe Manchin said Monday that he is “deeply concerned” about the new climate disclosures proposed by the … Read more

US stocks choppy, whipsawing early Monday; Solid employment report Friday shows pre-pandemic job loss

Here are your FOX Business Flash top headlines for April 1. US stocks were choppy early Monday morning, whipsawing between gains and losses hours before the opening bell. Ticker Security Last Exchange Change % I: DJI DOW JONES AVERAGES 34818.27 +139.92 +0.40% SP500 S&P500 4545.86 +15.45 +0.34% I:COMP NASDAQ COMPOSITE INDEX 14261.499778 +40.98 +0.29% US … Read more