Texas Instruments (TXN) reachead $195.68 at the closing of the latest trading day, reflecting a +0.4% change compared to its last close.
(Bloomberg) -- Elliott Investment Management has invested more than $2.5 billion in Texas Instruments Inc. and is pushing the chipmaker to improve free cash flow, setting the stage for another campaign by the influential activist investor.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapFor Private Credit’s Top Talent, $1 Million a Year Is Not EnoughIsraeli Airstrike and Egyptian Guard’s Death Ratchet
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills delve into market dynamics, trending tickers, and the rising popularity of generative AI. With key inflation data set for release this week, markets are in the spotlight amid the potential impact of Federal Reserve rate cuts. Invesco Global Market Strategist Brian Levitt joins the show to discuss the current state of the market, while Oppenheimer Head of Technical Analysis Ari Wald shares his bullish perspective on market momentum moving forward. The episode also covers key trending tickers, including Texas Instruments (TXN), Norwegian Cruise Lines (NCLH), and Airbnb (ABNB). AI takes center stage as Yahoo Finance's Jennifer Schonberger breaks down the new bill from the US Senate called the NO FAKES Act (Nurture Originals, Foster Art, and Keep Entertainment Safe). Ernst & Young Global Vice Chair of Strategy and Transactions Andrea Guerzoni also joins the show to discuss CEOs' growing focus on incorporating AI in their businesses. This post was written by Angel Smith