Advanced Micro Devices (AMD) stock rises to a new all-time high, on the path to potentially close Thursday with a market cap of $300 billion if it holds onto gains. Yahoo Finance Live monitors the semiconductor stock as Citi analysts remain bullish on the sector as a whole. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.
Advanced Micro Devices (AMD) stock rises to a new all-time high, on the path to potentially close Thursday with a market cap of $300 billion if it holds onto gains. Yahoo Finance Live monitors the semiconductor stock as Citi analysts remain bullish on the sector as a whole.
For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Editor's note: This article was written by Luke Carberry Mogan.
Bloomberg
Christina Minnis, head of global credit finance for Goldman Sachs Group Inc., tells Bloomberg's Sonali Basak that "sizable transactions'' are starting to return in the leveraged buyout market. Geopolitical concerns are helping get dealmaking off to a fast start in 2024, Minnis adds.
Barrons.com
Advanced Micro Devices was headed for a market cap milestone on Thursday. AMD was on track to close with a market cap greater than $300 billion for the first time, according to Dow Jones Market Data. The stock was the second-best performer in the S&P 500 and the most active stock in the S&P, according to Dow Jones Market Data.
TechCrunch
Reddit filed its S-1 last week and is set to take the bold step of being the first venture-backed public listing of 2024. If successful, Reddit has the power to open the IPO window for other late-stage startups anxiously waiting in the wings. Investors who buy at the IPO want upside on their investment, so Reddit has to price itself at the sweet spot where shares don't look undervalued but also have room to ascend.