Newsfeeds Archive - Page 11 of 503

2 minute read

Intel Eyes Increased AI Product Demand, Shifts Focus to Private Data Storage Solutions

May 31, 12:25 PM

Intel (INTC) prepares for growing demand for AI products, aiming to integrate AI capabilities across various products and facing competition in the data center market.

AMD

2 minute read

HSBC To Announce New CEO By July To Stabilize Asia-Focused Strategy

By Anusuya Lahiri

May 31, 11:19 AM

HSBC aims to announce successor to CEO Noel Quinn before July, emphasizing the need for stability and avoiding delays in the search.

APIE

2 minute read

What’s Going On With Nvidia Stock On Friday?

By Anusuya Lahiri

May 31, 10:29 AM

Nvidia (NVDA) leads AI race with advanced chips, CEO Jensen Huang to speak at Taiwan's Computex event. US restricts AI chip exports to Middle East.

AMD

1 minute read

Apple Supplier Luxshare Accused of Illegal Operations and Talent Poaching in Taiwan

By Anusuya Lahiri

May 31, 10:14 AM

Apple's supplier Luxshare accused of illegal activities in Taiwan. Taiwan cracking down on Chinese firms for stealing IP and talent.

AAPL

2 minute read

OpenAI Competitor Zhipu AI Secures $400M from Saudi Arabia’s Prosperity7

By Anusuya Lahiri

May 31, 10:11 AM

Microsoft-backed OpenAI rival in China attracts $400M investment from Saudi's Prosperity7, underscoring geopolitical implications and challenges for US tech companies.

AMD

1 minute read

What’s Going On With Sports Betting And Gambling Company Flutter Entertainment On Friday?

By Anusuya Lahiri

May 31, 9:53 AM

Flutter Entertainment Plc (NYSE: FLUT) announced CFO's departure & replacement by Rob Coldrake. Shift to US market faces challenges, but reports strong growth in revenue, EBITDA & EPS. FLUT stock down 4% in last 12 months. Investors can access industry through ESPO & HERO ETFs. FLUT down 2.47% premarket at $183.25.

ESPO

1 minute read

Alibaba and Coupang Intensify E-Commerce Battle with Major Investments in South Korea

By Anusuya Lahiri

May 31, 8:49 AM

Alibaba's AliExpress has doubled its users in South Korea to 8.58 million by investing $1.1 billion in a new logistics center, facing competition from Coupang and other Chinese e-commerce platforms.

AMZN

2 minute read

OpenAI’s Apple Deal Sparks Concerns In Microsoft, Could Shift AI Market Dynamics

By Anusuya Lahiri

May 31, 8:22 AM

Microsoft concerned about potential Apple-OpenAI deal as it could impact its own AI ambitions. Altman aims to replace Google as Apple's search partner.

AAPL

2 minute read

What’s Going On With Former President Donald Trump Backed DJT Stock On Friday?

By Anusuya Lahiri

May 31, 7:49 AM

Trump Media & Tech Group stock falls due to Trump's 34 guilty charges of falsifying business records, but he is still eligible to run for president. Company reports loss and decrease in social media site visits.

DJT