Navitas Semiconductor

In a volatile trading session on Wednesday, the S&P 500 and Nasdaq indices faced downward pressure as Treasury yields spiked above 5%. This surge in yields led to a broad selloff, particularly impacting high-growth and tech stocks. The S&P 500 fell by 1.6% to 5,844.61, while the Nasdaq...

Insider buying can be an encouraging signal for potential investors, especially when markets are uncertain or near highs. The initial public offering of a SPAC merger prompted some insider purchases. The chief executive officer of a financial services outfit was among the week's notable...