Starboard Value builds 7.7% stake in chipmaker Qorvo, shares jump – WSJ
Investing.com– Starboard Value has built up a 7.7% stake in Qorvo Inc (NASDAQ:QRVO), the Wall Street Journal reported on Thursday, with the activist investor seeking changes to boost the company’s weak share price. The stake is worth about half
BofA cuts airline stocks, UAL top pick
Investing.com — Bank of America analysts adjusted their outlook on several airline stocks, highlighting a divergence in performance between network carriers and domestic airlines. The analysts upgraded American Airlines (NASDAQ:AAL) to Neutral from Underperform, citing benefits from strong premium revenues, a rebound
Lumentum overweight at Barclays on hyperscaler demand
Investing.com — Barclays upgraded Lumentum Holdings Inc (NASDAQ:LITE) to “Overweight” from “Underweight,” setting a price target of $125, given significant growth potential driven by surging demand from hyperscale customers. The brokerage highlighted a sharp increase in port counts and a