U.S. approved H200 chip sales to about 10 Chinese firms.
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U.S. approved H200 chip sales to about 10 Chinese firms.
Intel stock has led the chip rally but it faces fierce competition from Arm and Advanced Micro Devices.
The project at two Ikea locations builds on the retailers' existing shop-in-shop partnership at Best Buy.
The software giant is reportedly looking at AI startup acquisitions as it builds a future less dependent on OpenAI.
The April inflation report landed with a number the Federal Reserve hoped it would never have to explain again. Consumer prices rose 3.8% year over year, the highest reading since 2023 and a sharp jump from March’s 3.3%. Energy did most of the damage: gasoline ripped 21% in March, the biggest monthly increase in data ... The Fed’s Worst-Case Scenario Is Quietly Unfolding
Investors were underwhelmed by the solid earnings posted by Adeia Inc. ( NASDAQ:ADEA ) recently. We did some digging...
The networking giant maintained its payout as investors watch AI infrastructure growth.
Elon Musk remains influential in China, but Tesla's position is being tested by local rivals and regulatory pressure.
Ford Jumps as Wall Street Sees Massive Potential in Energy Storage Push
The company ended the quarter with $1.75 billion in cash
Apple Stock Breaks Out as Wall Street Cheers Growth Outlook
Xi Jinping has told American chief executives travelling with Donald Trump that China’s door to business “will only open wider and wider” as...
VNET Group (VNET) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
(Updates headline and eighth paragraph with the latest layoff information.) Cisco Systems (CSCO)
Versant Media topped Wall Street estimates for first-quarter revenue on Thursday, as content licensing deals and strong sales at businesses like Fandango helped cushion the impact of pay-TV cord cutting. The Comcast spinoff, whose portfolio is centered on cable networks, has been expanding the reach of major brands including CNBC and MS NOW to stay competitive as viewers increasingly move to streaming. For the January-March period, total revenue came in at $1.69 billion compared with estimates of $1.62 billion, according to data compiled by LSEG.
Norwegian Cruise Line Holdings Ltd. ( NYSE:NCLH ) shareholders (or potential shareholders) will be happy to see that...
Assembly Biosciences (NASDAQ:ASMB) Chief Medical Officer Anuj Gaggar outlined the company’s virology strategy and upcoming clinical priorities during a Bank of America-hosted discussion, emphasizing programs in herpes simplex virus, hepatitis D and transplant-related herpes viruses. Gaggar describe
Constellation Energy Corporation ( NASDAQ:CEG ) investors will be delighted, with the company turning in some strong...
The company beat Wall Street expectations in its second earnings report since it was spun off from Comcast.
Morgan Stanley predicted Ford's new business, Ford Energy, could reverse the fortunes of Ford's money-losing electric vehicle unit.
The novel defense startup just raised a $5 million pre-seed round.
Intel's stock has more than tripled in roughly one month. Analysts have been scrambling to catch up. Deutsche Bank just moved its target by the most it has in over a year. And the specific reason it gave for doing so is not what most investors are focused on when they talk about Intel right now. ...
Axon Enterprise, Inc.'s ( NASDAQ:AXON ) stock wasn't much affected by its recent lackluster earnings numbers. We did...
OpenAI and Microsoft Corp. have reportedly agreed to cap their total revenue-sharing payments at $38 billion. This cap could potentially strengthen OpenAI’s long-term appeal to investors as it gears up for a public offering, which might occur as early as...
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
One way to become a famous biologist is to veg out in elementary school. That's the unlikely path of Gerald Rubin.
All eyes are on Beijing this week as President Donald Trump meets with China’s Xi Jinping to discuss everything from soybeans to AI chips. Markets have muted expectations for U.S. President Donald Trump’s talks with Chinese leader Xi Jinping today, but a topsy-turvy geopolitical order is still enough to keep investors on their toes. The two global superpowers have gathered in Beijing to discuss everything from AI chips to the Strait of Hormuz and the future of Taiwan.
President Donald Trump‘s counselor and economist, Peter Navarro, had criticized Elon Musk-led Tesla Inc. (NASDAQ:TSLA) last year, calling the company a “car assembler” reliant on overseas parts from China and other countries. Now, Chinese President Xi Jinping has said the country could allow more U.S. investment in China. Open Criticism The comments were highlighted by Bloomberg presenter Joumanna Nasr Bercetche on X on Thursday. She shared that Navarro, as well as Trump, had “openly criticized