Legendary hedge fund guru George Soros has made some intriguing chip stock moves in the second quarter. He swapped out Micron (NASDAQ:MU) for rapidly-rising chip stock Advanced Micro Devices (NYSE:AMD) – despite Micron’s robust chorus of Street supporters. Not that Soros can’t afford to take a risk. The 88-year old Hungarian-American has a personal value […]

Cantor Fitzgerald analyst Alethia Young reiterated a Buy rating on Xencor Inc (XNCR) today and set a price target of $40. The company’s shares opened today at $32.50. Young commented: “. We reiterate our Overweight rating and $40 price target. We think Xencor’s collaboration and license agreement with Astellas (ALPMF, NC) marks another source of […]

Italy wants to become fully independent from Russian gas within two years, the country’s Minister of Ecological Transition, Roberto Cingolani, told the media on Monday. “We import 29 billion cubic meters of gas from Russia. These must be replaced”, Agenzia Italia quotes the minister. According to Cingolani, Italy has taken emergency measures to replace half…