MercadoLibre and PagSeguro are growing their fintech efforts.
AT&T cuts its dividend. Semiconductors remain newsworthy.
We saw massive call buying building today in a low priced semiconductor stock. Call volume was 10x the daily average. This heavy one sided action comes ahead of earnings next week. Pricing strength amid a huge global chip shortage continues to bode well for this stock.
The global semiconductor shortage calls for capital investments. Commodity inflation is here. CPIs are low still, but long bonds sell off. Biotech is a sweet spot.
With chip shortages hurting automakers production levels, especially in the EV marketplace, these semiconductor companies stand to gain.
Two semiconductor stocks are technically set up to run after clearing good earnings reports.