Intel Corporation (NASDAQ: INTC) has trimmed the initial public offering valuation of its self-driving car unit Mobileye, underlining the struggles of the IPO market amid the sell-off seen in equities.
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Shares of chipmakers have come under significant selling pressure in recent sessions amid negative preannouncements and the U.S. clampdown on China exports.
Volkswagen AG's (OTC: VWAGY) software unit Cariad will take a 60% stake in a new venture with Chinese technology firm Horizon Robotics for over $2 billion.
Television personality Jim Cramer has reportedly warned investors to avoid the Nasdaq 100 stocks while highlighting the worst-performing stocks in the quarter.
Data from https://swaggystocks.com/dashboard/wallstreetbets/ticker-sentiment
Tesla (TSLA)
GameStop (GME)
Meta Platforms (META)
Apple (AAPL)
PayPal (PYPL)
Intel (INTC)
AMC Entertainment
This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.