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CNBC Squawk Alley July 12, 2024

Another day of dragged on stimulus talks, john. Intel not a small factor in the trade. When i think of volatile tech stocks, i tend not to think about intel. Look that two year chart ups and downs. Its like an obstacle course, a tough mudder or something. Last quarter, it was about the supply side and intels manufacturing. This quarter the surprise was more around demand and the extent to which enterprise and government just isnt buying in the data center. Cloud picking up the slack that has an impact on margins. Of course, we have the pc stuff going on which is largely a tail wind they havent for a long time but theyre not buying them in the enterprise as we would expect people are not in the workplace. People are adjusting the way they work. That does have an impact on intel. A lot of balls in the air here this volatility predated, bob swan particularly on that manufacturing side but now hes got all of these other things to deal with as well investors looking for clarity around what ....

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Credit Capital Investments LLC Increases Holdings in Meta Platforms, Inc. (NASDAQ:META)

Credit Capital Investments LLC increased its stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) by 7.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 10,700 shares of the social networking company’s stock after purchasing an additional 700 shares during the quarter. Meta Platforms accounts for approximately 5.3% of Credit Capital Investments LLC’s […] ....

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Veeco Instruments Inc. (NASDAQ:VECO) CFO John P. Kiernan Sells 2,500 Shares

Veeco Instruments Inc. (NASDAQ:VECO – Get Free Report) CFO John P. Kiernan sold 2,500 shares of the company’s stock in a transaction on Monday, June 10th. The shares were sold at an average price of $43.39, for a total value of $108,475.00. Following the sale, the chief financial officer now owns 2,167 shares of the […] ....

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Meta Platforms (NASDAQ:META) Shares Down 0.3%

Shares of Meta Platforms, Inc. (NASDAQ:META – Get Free Report) fell 0.3% during trading on Wednesday . The company traded as low as $504.47 and last traded at $505.87. 4,818,878 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 16,738,943 shares. The stock had previously closed at $507.47. […] ....

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Pathstone Holdings LLC Buys Shares of 231,137 Meta Platforms, Inc. (NASDAQ:META)

Pathstone Holdings LLC bought a new stake in Meta Platforms, Inc. (NASDAQ:META – Free Report) in the 4th quarter, HoldingsChannel.com reports. The institutional investor bought 231,137 shares of the social networking company’s stock, valued at approximately $82,081,000. Several other institutional investors also recently bought and sold shares of the company. Foundry Partners LLC lifted its […] ....

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