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The Latest Breaking News from GlobalFoundries

Dow Jones Falls On Weak Jobs Data; HP Sinks On Earnings

The Dow Jones Industrial Average fell Wednesday on weak jobs data, as the stock market looked to halt a three-day losing streak.

Investors Business Daily

Dow Jones Reverses As Stock Market Hits Critical Support Level

The Dow Jones Industrial Average reversed lower Tuesday, as the stock market faces an important test, with the indexes at key levels.

Investors Business Daily

Dow Jones Futures: What To Do As Stock Market Weakness Continues; Jobs Report Ahead

Dow Jones futures were higher Tuesday, as the stock market weakness continued Monday. The August jobs report is due out Friday.

Investors Business Daily

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Dow Jones Falls After Powell-Fueled Stock Market Plunge; Apple, Tesla Skid

The Dow Jones Industrial Average fell 250 points Monday, extending losses from Friday's Powell-fueled market plunge. Tesla stock skidded.

Investors Business Daily

Dow Jones Falls As Powell Warns Of 'Some Pain' To Fight Inflation

The Dow Jones Industrial Average reversed lower Friday, as Federal Reserve Chairman Jerome Powell warned of "some pain" to fight inflation.

Investors Business Daily

Dow Jones Futures: Market Expects This From Fed Chief Powell; 5 Stocks In Buy Zones

Several stocks flashed buy signals as the market rallied heading into Fed chief Powell's speech. Here's what to expect.

Investors Business Daily

S&P 500 Stock In Buy Zone, Leading 5 Chip Names To Watch

On Semiconductor, a recent S&P 500 addition, is in a buy zone. It's one of several chip stocks to watch this coming week.

Investors Business Daily

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GlobalFoundries, IBD Stock Of The Day, Edges Near A Buy Point

GFS stock nears a buy point as the contract chipmaker continues to beat Wall Street targets while outperforming its peers.

Investors Business Daily

These Semiconductor Stocks Are Likely To Benefit Most From CHIPS Act Aid

When President Joe Biden signed the CHIPS Act of 2022 into law on Aug. 9, it provided some good news for a number of chip stocks.

Investors Business Daily

GlobalFoundries Stock Shows Market Leadership With Jump To 94 RS Rating

A Relative Strength Rating upgrade for Globalfoundries shows improving technical performance.

Investors Business Daily

Chipmaker GlobalFoundries Beats Second-Quarter Goals, Points Higher

Contract chipmaker GlobalFoundries on Tuesday beat Wall Street's targets for the second quarter and guided higher for the current period.

Investors Business Daily

Globalfoundries Stock Meets 80-Plus Relative Strength Rating Benchmark

Globalfoundries sees its Relative Strength Rating enter the 80-plus level.

Investors Business Daily

Globalfoundries Stock Shows Up With Rising Relative Strength

A Relative Strength Rating upgrade for Globalfoundries shows improving technical performance. Will it continue?

Investors Business Daily

STMicro and GlobalFoundries plan 5.7 bn euro French factory

Paris (AFP) - French-Italian chipmaker STMicroelectronics and US-based GlobalFoundries will plough 5.7 billion euros ($5.8 billion) into a new semiconductor factory in France, the firms and President Emmanuel Macron's office said Monday.

AFP

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Benzinga

What 6 Analyst Ratings Have To Say About GLOBALFOUNDRIES

Analysts have provided the following ratings for GLOBALFOUNDRIES (NASDAQ:GFS) within the last quarter:

The Guardian - US

Why is the US about to give away $52bn to corporations like Intel?

The Chips Act would provide an enormous subsidy to chipmakers for making their chips in the US. This is extortion

Benzinga

GlobalFoundries-STMicro Discuss Partnering For Chip Plant In France

GlobalFoundries Inc (NASDAQ:GFS) and STMicroelectronics N.V. (NYSE:STM) are amid discussions to build a semiconductor factory in France with the help of government funds, Bloomberg reports. The European Commission looks to produce 20% of the world’s chips by 2030. The European Union executive arm proposed the 43 billion euro ($45.3 billion) Chips Act earlier to…

Benzinga

Where GLOBALFOUNDRIES Stands With Analysts

Analysts have provided the following ratings for GLOBALFOUNDRIES (NASDAQ:GFS) within the last quarter:

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Investors Business Daily

Stock Market Tries To Bounce From Fresh 2022 Lows; Tesla CEO Elon Musk Puts Twitter Deal 'On Hold': Weekly Review

The major indexes fell to fresh 2022 lows before bouncing late in the week. Tesla CEO Elon Musk put his Twitter deal "on hold."

Investors Business Daily

Nasdaq Underperforms, Dow Jones Turns Negative After New Inflation Data

The Nasdaq gave back all of Tuesday's gains and led the downside after April inflation data came in hotter than expected.

Benzinga

Needham Maintains Buy Rating for GLOBALFOUNDRIES: Here's What You Need To Know

Needham has decided to maintain its Buy rating of GLOBALFOUNDRIES (NASDAQ:GFS) and lower its price target from $87.00 to $70.00. Shares of GLOBALFOUNDRIES are trading down 5.06% over the last 24 hours, at $50.06 per share. A move to $70.00 would account for a 39.83% increase from the current share…

Investors Business Daily

GlobalFoundries Crushes Earnings Target On Better-Than-Expected Sales

Contract chipmaker GlobalFoundries late Tuesday crushed Wall Street's earnings target for the first quarter on better-than-expected sales.

Benzinga

Analyst Ratings for GLOBALFOUNDRIES

GLOBALFOUNDRIES (NASDAQ:GFS) has observed the following analyst ratings within the last quarter:

Investors Business Daily

Dow Jones Falls As Tesla Surges On Stock Split Plan; Bitcoin Jumps Above $47,000

The Dow Jones Industrial Average fell Monday, as Tesla stock surged on a stock split plan. The price of Bitcoin jumped over the weekend.

Investors Business Daily

Semiconductor Stock Analyst Sweet On MANGO Portfolio Of Top Chipmakers

With semiconductor stocks bouncing back, one analyst has assembled a portfolio of high-conviction names investors should consider.

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