AMD Pushes the Envelope at Computex

Advanced Micro Devices talked processors at Computex this past weekend. Investors liked what CEO Lisa Su had to say, the stock is up nicely on a pretty dull day. First up was Datacenter talk. Their Datacenter chip is called Epyc (pronounced Epic). Su announced "Today we have more than 60 Epyc platforms in production." she … Continue reading AMD Pushes the Envelope at Computex

Global Payments to Acquire Total System Services

Two pure play payments companies agree to combine forces. Global Payments agreed to aquire Total System Services in an all-stock transaction. TSS shareholders will receive $119.86 per share, a 20% premium over it's May 23rd closing price. This combination is the third big takeover in the payments industry this year. In January, Fiserv agreed to … Continue reading Global Payments to Acquire Total System Services

UK Prime Minister Theresa May Announces Her Resignation

The pound edged higher to almost $1.27 on Friday following May's announcement that she'll step down in June after failing in her bid to secure Britain's exit from the European Union. It has gone down 2.9% this month against the US dollar and is the worst performer of the world's 10 major currencies. It's also … Continue reading UK Prime Minister Theresa May Announces Her Resignation

Huawei at the Center of Trade Issues

Although said to be coincidental, the timing of the Huawei blacklist has put added pressure on China during the escalating trade war. The U.S. Commerce Department opened a relief valve announcing Monday it had granted a 90-day license for mobile phone companies and internet broadband providers to work with Huawei to keep existing networks online … Continue reading Huawei at the Center of Trade Issues