Chipmakers have been some of the top performers in recent weeks, boosted by better-than-expected earnings reports, new product introductions and big acquisition announcements. Two chipmaker charts to keep an eye on right now are those of Cavium (CAVM) and Taiwan Semiconductor (TSM). FBR Capital Markets said Thursday that it thinks Cavium is at the top of the list of next potential M&A targets. The maker of system-on-a-chip microprocessors has a
The economic recovery since the 2007-09 recession has been lackluster. Despite stock market gains, the mood of business is cautious. If this truly is a recovery in the economy, and not just the stock market, where’s the joy? For most businesses, the joy is missing. Yet, there’s one area where industry insiders sound joyful — the hotel industry. In fact, compared to most executives, the lodging insiders sound wildly confident. On Wednesday, the day
One year after introducing Prime Music, Amazon (AMZN) announced listeners to the online music program have more than doubled in the past nine months. Amazon is playing in a hotly competitive market, with Pandora Media (P), Spotify, Apple (AAPL) and others vying for a slice or the streaming music market. Amazon did not specify how many listeners it has, but did say total monthly Prime Music playback hours have more than doubled since September