Stocks making the biggest moves midday: HOOD, AAP, LRCX

Check out the companies making headlines in midday trading. Chip equipment stocks – Global chip equipment stocks rose on news that the Biden administration is considering further sanctions on sales of semiconductor equipment and AI memory chips to China that could be less strict than earlier proposals. Shares of U.S.-based companies Applied Materials and KLA […]

Swiss wealth manager Lombard Odier indicted for money laundering

A pedestrian walks by the entrance to Lombard Odier in Geneva, Switzerland. Bloomberg | Bloomberg | Getty Images Lombard Odier — one of Switzerland’s oldest private banks — was indicted by Swiss prosecutors for “aggravated money laundering.” In a release on Friday, the Office of the Attorney General of Switzerland (OAG) said it filed an […]

MSTR, AMAT, HOOD and more

Check out the companies making headlines before the bell. MicroStrategy – Shares of the bitcoin development company jumped more than 5%, extending the roughly 10% gain seen in the previous session, after the price of the cryptocurrency continued to climb. The stock has seen massive gains this year, surging more than 515%. Chip equipment stocks […]