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The Latest Breaking News from GlobalFoundries

GlobalFoundries Sues IBM For Giving Chip Secrets to Intel, Rapidus

GlobalFoundries accuses IBM of disclosing proprietary information to Intel and Rapidus.

Tom’s Hardware

Stock Market Rally Extends Pause Amid Hot Inflation; Tesla, Shopify, Airbnb In Focus: Weekly Review

The stock market rally struggled late in the week as hot inflation and other economic data took a toll. Tesla, Shopify, Airbnb moved on news.

Investors Business Daily

Chipmaker Blasts Into Buy Zone On IoT Expansion, 700% Growth

As semiconductor stocks soar, GlobalFoundries inks a deal with GM to make chips and posts 700% growth. GFS stock soars on the news.

Investors Business Daily

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Dow Jones Falls 200 Points On Hot CPI Inflation Report; 8 Earnings Movers To Watch

The Dow Jones briefly dropped over 200 points Tuesday on a hot January CPI inflation report. First Solar fell sharply on a downgrade.

Investors Business Daily

Contract Chipmaker GlobalFoundries Exceeds Fourth-Quarter Goals, Guides Higher

Contract chipmaker GlobalFoundries on Tuesday easily beat Wall Street's targets for the fourth quarter and offered a raised outlook.

Investors Business Daily

GM makes deal with wafer maker to secure semiconductor part supply

General Motors Co. and GlobalFoundries are forming a long-term agreement to give GM a dedicated supply of a critical part on semiconductors, the companies announced Thursday.

Tribune News Service

Rivian, GlobalFoundries Joining Nasdaq 100 Index; Apple Chipmaker, China Stocks Falling Off

Tesla rival Rivian and GlobalFoundries lead Dec. 19 additions to the Nasdaq 100 index. Apple chipmaker Skyworks and two China names will exit.

Investors Business Daily

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Three Stocks Morningstar Recommends Selling

These are overvalued stocks of companies without competitive advantages, according to Morningstar.

The Street

Dow Jones Rises As Best Buy Surges On Earnings; Zoom Dives On Weak Guidance

The Dow Jones Industrial Average rose Tuesday as investors digested a number of earnings reports, including results from retailer Best Buy.

Investors Business Daily

Dow Jones Drops Ahead Of Fed Minutes; Tesla Stock Dives To New Low; Zoom Slides On Earnings

Dow Jones futures were higher ahead of Wednesday's Fed minutes. Tesla dived Monday, hitting a 52-week low and nearing a two-year low.

Investors Business Daily

Dow Jones Rises As Oil Prices Tumble On OPEC Talks; Tesla Hits New Low

The Dow Jones Industrial Average rose Monday, as Disney stock surged almost 10% after the company announced Bob Iger will return as CEO.

Investors Business Daily

Dow Jones Rallies As Oil Prices Tumble; Foot Locker, Gap, Ross Stores Soar On Earnings

The Dow Jones Industrial Average rose Friday, as U.S. oil prices tumbled. Foot Locker, Gap and Ross Stores soared on earnings.

Investors Business Daily

Dow Jones Falls After Key Economic Data; Nvidia Drops On Earnings Miss

The Dow Jones Industrial Average sold off Thursday after key economic data. Nvidia earnings missed estimates, sparking a 2% retreat.

Investors Business Daily

Dow Jones Falls After Strong Retail Sales; Target Plunges On Weak Earnings; Nvidia Earnings Up Next

The Dow Jones Industrial Average fell Wednesday after U.S. retail sales data. Target dived on weak results, while Nvidia earnings are due out late.

Investors Business Daily

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Investors Business Daily

Dow Jones Rallies On Cool Inflation Data; Walmart Surges On Earnings

The Dow Jones Industrial Average rallied Tuesday on cooler inflation data. Walmart surged on earnings results.

Investors Business Daily

Dow Jones Falls 200 Points Ahead Of Key Inflation Data; Here Are 6 Top Stocks To Buy And Watch

Dow Jones futures were little changed ahead of Tuesday's stock market open. Key inflation data is due out Tuesday morning.

Investors Business Daily

Dow Jones Reverses As Biden, Xi Meet; Chip Giant AMD Jumps On Upgrades

The Dow Jones Industrial Average reversed Monday as President Biden and Chinese leader Xi Jinping held a closely watched meeting.

Investors Business Daily

GM, GlobalFoundries Lead 5 Stocks Near Buy Points As Interest Rates Fall

GM stock and GlobalFoundries highlight this watch list of stocks near buy points on lower interest rates and new government funding.

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Investors Business Daily

Stock Market Rally Roars Higher On Cooling Inflation; Bitcoin, Meta, Tesla In Focus: Weekly Review

The stock market rally soared this week on a tame CPI inflation report. Bitcoin hit a two-year low while Meta and Tesla were in focus.

Investors Business Daily

Dow Jones Reverses Lower After Stock Market Surge; Intel Slides On Downgrade

The Dow Jones Industrial Average reversed lower Friday, giving back a part of Thursday's market surge. Intel stock dropped on a downgrade.

Investors Business Daily

Dow Jones Surges 900 Points On Cool Inflation Data; Treasury Yields Dive

The Dow Jones Industrial Average surged 900 points Thursday on cool inflation data, with the consumer price index (CPI) coming in lower than expected.

Investors Business Daily

Dow Jones Rises On Election Day; Nvidia Jumps On New Chip For China

The Dow Jones Industrial Average rose Tuesday on U.S. election day. Nvidia jumped after introducing a new chip that can be exported to China.

Investors Business Daily

Chipmaker GlobalFoundries, IBD Stock Of The Day, Pops After Earnings

Contract chipmaker GlobalFoundries is the IBD Stock Of The Day as it beat Wall Street's earnings targets and guided higher.

The Street

Bank of America Likes These Beaten Down Chip Stocks

The S&P Semiconductors Select Industry Index has fallen 36% year to date.

Investors Business Daily

Five Stocks Showing Bullish Action As Market Rally Gains Steam

Tech stocks haven't led the revived market rally, but GlobalFoundries leads five that are setting up or flashing buy signals.

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