Increasing competitive pressures will begin weighing down shares of Advanced Micro Devices , according to Bank of America. Analyst Vivek Arya downgraded the semiconductor stock to neutral from buy and cut his price target to $155 from $180. The new forecast is still 11% above where shares closed on Friday. AMD YTD mountain AMD YTD chart Arya pointed to…
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Heavy rains lashed the Cayman Islands on Tuesday as forecasters warned that a nearby cluster of thunderstorms could soon become a major hurricane en route to the southeast U.S. Hurricane watches were in effect for Florida’s Tampa Bay and from Englewood to Indian Pass, as well as for eastern Mexico from Cabo Catoche to Tulum and for Cuba’s Pinar…
UAW president Shawn Fain and members and workers at the Mopar Parts Center Line, a Stellantis Parts Distribution Center in Center Line, Michigan, picket outside the facility after walking off their jobs at noon on September 22, 2023. Matthew Hatcher | AFP | Getty Images DETROIT – A year after unprecedented strikes by the United Auto Workers against the…
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