Lee Samaha on Muck Rack

Lee Samaha

As seen in: The Motley Fool (U.S.), MSN, MSN Money Canada, USA Today, Yahoo News New Zealand, Aol, Yahoo Finance, Yahoo Finance Singapore, Flipboard, International Business Times (U.S.), Nasdaq and
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Articles

Here's Why Teradyne Shares Surged Higher Today (Hint: It's AI and Micron-Related)

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By Lee Samaha
| Yahoo Finance Verified
Shares in the automated test systems equipment company Teradyne (NASDAQ: TER) rose by 10.5% today on a strong day of recovery for AI and semiconductor-related stocks. The move was sparked by an excellent set of earnings from memory chip company Micron Technology, a Teradyne customer, which helped dispel fears that the AI spending boom was about to slow.
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Here's Why Teradyne Shares Surged Higher Today (Hint: It's AI and Micron-Related)

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By Lee Samaha
| Aol Verified
Key Points Teradyne rose higher in sympathy with strong Micron earnings. Analysts are raising price targets, signaling positive market sentiment. Shares in the automated test systems equipment company Teradyne (NASDAQ: TER) rose by 10.5% today on a strong day of recovery for AI and semiconductor-related stocks. The move was sparked by an excellent set of earnings from memory chip company Micron Technology, a Teradyne customer, which helped dispel fears that the AI spending boom was about to slow.
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Here's Why Shares in Alcoa Slumped This Week

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By Lee Samaha
| Yahoo Finance Verified
Shares in alumina and aluminum products company Alcoa (NYSE: AA) declined by more than 15% in the week to late Thursday afternoon. The sliding share price comes at a time when commodity markets have begun to price in a reopening of the Strait of Hormuz as part of an agreement between the U.S. and Iran. Having finished last week trading at about $3,400 per tonne, it's trading below $3,200 per tonne as I write.
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