Lam Research (LRCX -6.88%), one of a handful of large companies manufacturing equipment for the production of semiconductors, tumbled 6.9% through 1:45 p.m. ET this afternoon.
MDBX and LRCU launch will expand Tradr's suite of single-stock ETFs to 18 funds NEW YORK , Aug. 15, 2025 /PRNewswire/ -- Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, announced today that it expects to launch two first-to-market leveraged single-stock ETFs on MongoDB (Nasdaq: MDB) and Datadog Inc. (Nasdaq: LRCX) on Tuesday, August 19. This launch ...
Artificial intelligence (AI) is projected to have a profound impact on the global economy in the long run by driving up productivity levels, spurring customers and businesses to spend money on AI-related applications. According to market research firm IDC, AI could account for 3.5%, or almost $20 trillion, of the global gross domestic product (GDP) by the end of the decade.
Over the past weeks, important players in the semiconductor industry have reported earnings, with several names putting Wall Street estimates to shame. This caused analysts to lift their price targets significantly.
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Lam Research remains a must-own for long-term investors due to its critical role in advanced semiconductor manufacturing, especially in etch technology. Q2 2025 results were strong, with record gross margins and aggressive share buybacks, but management guided for a slowdown in Q4. Technical and macro analysis suggest a correction to the $75-$80 support zone is likely, aligning with key technic...
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