Newsfeeds Archive - Page 10 of 503

2 minute read

Alibaba’s 618 Shopping Festival Boosts Sales with Big Brands Like Apple, Xiaomi Leading the Way

June 3, 1:59 PM

Alibaba's 618 shopping festival saw strong momentum with over 185 brands achieving high sales and support for their goal of double-digit revenue growth.

AAPL

1 minute read

What’s Going On With Chinese EV Stocks Nio, XPeng, Li Auto Monday?

By Anusuya Lahiri

June 3, 1:09 PM

Chinese EV stocks NIO, XPEV, and LI saw strong May delivery numbers, with NIO reporting a 234% increase in sales. Discounts and potential tariffs impact profits.

1 minute read

Nano Dimension’s Q1 Revenue Drops, But Cost-Cutting Measures Show Promise

By Anusuya Lahiri

June 3, 10:30 AM

Nano Dimension Ltd reported Q1 revenue of $13.36M, down 10.7% YoY. EPS loss $(0.15) vs $0.09 YoY, attributed to decreased product sales. Adjusted gross profit $6.65M, margin improved to 49.8%. Company holds $793.08M in cash. Recently reduced workforce and Executive Management group by 25% expected to save $30M annually.

IRBO

2 minute read

Science Applications International Optimistic About Hitting Annual Outlook Despite Q1 Revenue Dip, Shares Slide

By Anusuya Lahiri

June 3, 9:15 AM

SAIC reported 9% revenue decline in Q1 2025, but beat analyst estimates. Adjusted EPS in line with consensus. Divestiture & contract completions led to decline. FY25 outlook reiterated.

CIBR

2 minute read

What’s Going On With Taiwan Semiconductor Stock On Monday?

By Anusuya Lahiri

June 3, 9:13 AM

TSMC CEO C.C. Wei succeeds Mark Liu as chairman, overseeing significant growth and challenges. Company expands to maintain lead in chip industry.

AAPL

1 minute read

What’s Going On With Super Micro Computer Stock On Monday?

By Anusuya Lahiri

June 3, 8:54 AM

Super Micro Computer, Inc. collaborates with Foxconn, KDDI, Sharp, and Datasection to build a large-scale AI data center in Japan powered by Nvidia's chips.

AAPL

1 minute read

Why Is Arm Holdings Stock Trading Higher On Monday?

By Anusuya Lahiri

June 3, 8:38 AM

Arm Holdings (NASDAQ: ARM) traded higher as CEO expects AI readiness of 100 billion devices by 2025. Analysts bullish on licensing and AI potential.

AMD

2 minute read

Why Is Paramount Global Stock Trading Higher On Monday?

By Anusuya Lahiri

June 3, 8:27 AM

Paramount Global is considering Skydance Media's offer to purchase National Amusements and merge with Paramount Global, providing nonvoting shareholders a cash out option at a premium.

APO