Cirrus Logic Inc. (CRUS US) is a U.S. company operating in semiconductors sector. It is so called “fabless” business, i.e. a company without own production facilities. Cirrus develops audio and voice IC and software solutions for mobile communications, automotive entertainment, and consumer audio applications. It is the biggest chipmaker producing audio chips of all types.
Baidu (9888 HK) is a Chinese international IT company providing Internet-related services, the main service being its search engine. It is rated 4th in global search engine markets with 1.06% share.
The American exchange market is now in correction.
Today's negative moods in the market are mainly due to the effects of block sale by Archegos Capital Management. As at 7:15 p.m. (MSK), S&P500 index lost 0.6%, Dow Jones went down about 0.3%, and ...
American exchange market to close current week on an up note.
Good news for banking sector from FRS, along with growth of cyclical sector stocks, push indexes up today. As at 7:45 p.m. (MSK), S&P500 index gained 0.85%, Dow Jones grew by nearly 0.75%, and NASDAQ ...