Investment firm Goldman Sachs recently cut the price target on Figma (NYSE: FIG) to $30 per share, down from $35. In a sense, this should not come as a surprise, as the stock declined soon after its initial public offering (IPO) in July of last year and has traded in a range since March. Nonetheless, investors should also remember that the software-as-a-service (SaaS) stock has fallen 80% since to...
Investment firm Goldman Sachs recently cut the price target on Figma (NYSE: FIG) to $30 per share, down from $35. In a sense, this should not come as a surprise, as the stock declined soon after its initial public offering (IPO) in July of last year and has traded in a range since March. Nonetheless, investors should also remember that the software-as-a-service (SaaS) stock has fallen 80% since topping $120 shortly after the company went public. Instead of signaling further pain, history shows such actions sometimes signify a bottom following a sustained decline. That may be the case with Figma stock, signifying a buying opportunity that could become lucrative for investors. Continue reading
Advanced Micro Devices Inc (NASDAQ:AMD) is one of Renaissance Technologies’ top semiconductor stock picks. In the past month, AMD stock has gained more than 40%. Moreover, this semiconductor stock has jumped by about 125% year to date. Advanced Micro Devices Inc (NASDAQ:AMD has started ramping production of its next-generation EPYC processor (Venice) using Taiwan Semiconductor […]
Advanced Micro Devices Inc (NASDAQ:AMD) is one of Renaissance Technologies’ top semiconductor stock picks. In the past month, AMD stock has gained more than 40%. Moreover, this semiconductor stock has jumped by about 125% year to date. Advanced Micro Devices Inc (NASDAQ:AMD has started ramping production of its next-generation EPYC processor (Venice) using Taiwan Semiconductor […]
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of Renaissance Technologies’ top semiconductor stock picks. TSMC shares have gained around 30% year-to-date and more than doubled over the past year. On May 15, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), also known as TSMC, announced plans to reduce its stake in Vanguard International Semiconductor Corporation...
Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM) is one of Renaissance Technologies’ top semiconductor stock picks. TSMC shares have gained around 30% year-to-date and more than doubled over the past year. On May 15, Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), also known as TSMC, announced plans to reduce its stake in Vanguard International Semiconductor Corporation. The […]
In this article JP10Y JP30Y Follow your favorite stocks CREATE FREE ACCOUNT Japan's Prime Minister Sanae Takaichi responds to questions from reporters at the Prime Minister's Office in Tokyo on May 25, 2026. Prime Minister Sanae Takaichi said on May 25 the government will compile a $19 billion supplementary budget to support households grappling with soaring everyday costs driven by the Iran war. ...
In this article JP10Y JP30Y Follow your favorite stocks CREATE FREE ACCOUNT Japan's Prime Minister Sanae Takaichi responds to questions from reporters at the Prime Minister's Office in Tokyo on May 25, 2026. Prime Minister Sanae Takaichi said on May 25 the government will compile a $19 billion supplementary budget to support households grappling with soaring everyday costs driven by the Iran war. (Photo by JIJI PRESS / AFP via Getty Images) / Japan OUT Str | Afp | Getty Images Japanese Prime Minister Sanae Takaichi is compiling a supplementary budget to help households with the cost of living, but it's also created skepticism about whether she can stick to her promises about debt issuance. The budget was largely in line with market expectations, at about 3 trillion yen ($19 billion), but comes as Japan still struggles with higher energy prices, rising subsidy costs, and a weak yen. The budget also marks a reversal from her earlier position that extra spending was not needed. She also said the total bond issuance for the calendar year of 2026 would remain unchanged from the original budget plan, according to Bloomberg. Takaichi has sought to dispel worries in the bond market, saying that the extra spending would be financed by issuing deficit-covering bonds. But the 10-year Japanese sovereign bond yield rose to 2.809% on May 20, its highest since 1996, after reports that the government may issue fresh debt to fund the extra budget. "Bond markets are a lot of things, but they're not stupid," said Jesper Koll, expert director at Tokyo based financial services firm Monex Group. "You cannot increase spending without increasing debt." watch now VIDEO 5:02 05:02 Japan government unveils extra budget to ease cost-of-living burden Squawk Box Asia Takaichi's use of the calendar-year time frame has gotten the attention of Japan watchers. "Nobody in Japan has ever made policy on the basis of the calendar year," Koll said, noting that historically the country's fiscal calendar e...
Whatever doesn’t kill you makes you stronger. From sanctions to hacking and prosecution, the United States and some of its allies have tried everything to kill off Huawei Technologies. Yet, China’s pre-eminent national tech champion comes back stronger every time. If Washington with its hubris had learned to leave China and its tech industry alone, companies like Huawei might have lagged behind an...
Whatever doesn’t kill you makes you stronger. From sanctions to hacking and prosecution, the United States and some of its allies have tried everything to kill off Huawei Technologies. Yet, China’s pre-eminent national tech champion comes back stronger every time. If Washington with its hubris had learned to leave China and its tech industry alone, companies like Huawei might have lagged behind and become also-rans. Now, though, across entire fields from artificial intelligence (AI) to...
Israel Seizes Crusader Beaufort Castle, Marking Deepest Plunge Into Lebanon In Decades Fresh Sunday reports say that Israel's military has made its deepest plunge into Lebanon in nearly three decades , having captured a strategic crusader castle site and UNESCO World Heritage Landmark, Beaufort castle . It was last captured in 1982, when the IDF later pushed all the way north to occupy portions of...
Israel Seizes Crusader Beaufort Castle, Marking Deepest Plunge Into Lebanon In Decades Fresh Sunday reports say that Israel's military has made its deepest plunge into Lebanon in nearly three decades , having captured a strategic crusader castle site and UNESCO World Heritage Landmark, Beaufort castle . It was last captured in 1982, when the IDF later pushed all the way north to occupy portions of Beirut. The army posted photographic proof via its Arabic spokesperson, Avichay Adraee, who issued an image on X showing Israeli troops walking outside the castle . An Israeli flag has also been raised over the stone fortress complex. via IDF The castile overlooks the Litani River, which Israeli forces have been pushing north of, and has stood for nearly 1,000 years - and was at various times used by Crusader knights, Saladin’s Jerusalem army, the Mamlukes, and Ottomans. In the 1980s, fighters from the Palestine Liberation Organization (PLO) even occupied it for a time. The name Beaufort is Old French for "beautiful fortress." Soon the heels of the historic site's capture, the IDF repeated a warning to everyone south of the Zahrani, saying they must evacuate or else face the possibility of coming under attack and thus death or injury. "Anyone present near Hezbollah elements, facilities or means of combat endangers their life," an IDF spokesman said. The castle appears to have been shelled by the IDF before the final ground assault. According to more details via The Times of Israel : Troops took over territory in the Beaufort Ridge and Wadi Saluki stream area and expanded strikes north of the Litani River after the Hezbollah terror group fired multiple rockets and drones at Israel on Saturday afternoon and evening, forcing schools near the border with Lebanon to close on Sunday. Footage from Sunday morning showed Israeli and IDF flags flying over the citadel, a strategic medieval Crusader-built fortress with symbolic importance in the history of Israel’s military entangleme...
High energy prices, driven by the geopolitical conflict in the Middle East, are impacting the global economy. While gas prices are a quick hit to consumers, the broader cost impact of rising energy costs takes a little time to work through the economy. The hit is starting to show through, as inflation has been on the rise. The Federal Reserve specifically highlighted inflation as a concern during ...
High energy prices, driven by the geopolitical conflict in the Middle East, are impacting the global economy. While gas prices are a quick hit to consumers, the broader cost impact of rising energy costs takes a little time to work through the economy. The hit is starting to show through, as inflation has been on the rise. The Federal Reserve specifically highlighted inflation as a concern during its last meeting. Financial companies are directly affected when the Federal Reserve raises rates, which it does to slow the economy. While some may see an adverse effect, these three should hold up fairly well: JPMorgan Chase (NYSE: JPM) , American Express (NYSE: AXP) , and Progressive (NYSE: PGR) . Here's why. Image source: Getty Images. Continue reading