Chinese EV Maker ZEEKR Sees 117% Jump in Vehicle Deliveries in Q1, Outperforms Expectations
ZEEKR reports strong Q1 2024 results with 71% Y/Y revenue growth. Vehicle sales and gross margin also show significant growth.
Taiwan Semi Outperforms China’s Top Chipmaker Amid Tech Challenges
Taiwan Semiconductor (TSM) outperforms China's SMIC this year, showcasing China's challenges in advancing its chip industry due to US restrictions.
Arm Is A Top Secular Pick Along With Nvidia: Analyst
Rosenblatt analyst reiterates Buy rating on ARM with $180 price target. Stock up on Monday. ARM's IP pervasiveness and potential for Windows PC market growth highlighted at Computex.
Paramount’s Parent Attracts Bids from Bronfman Jr and Steven Paul
Paramount Global's National Amusements, controlled by Shari Redstone, is attracting interest from former exec Edgar Bronfman Jr. and Hollywood producer Steven Paul, as it faces challenges and potential mergers. Warren Buffett sold its stake, while Sony and Apollo were previously interested. Stock trading lower.
What Is AMD Stock Trading Lower On Monday?
Morgan Stanley downgrades AMD due to high valuations and competition from Nvidia. However, analyst believes AMD will continue to gain market share.
Mullen Automotive Teams Up with Eco Auto to Drive Commercial EVs in New England: Details
Mullen Automotive adds Eco Auto as newest franchise dealer, targeting commercial EV market in New England with Mullen ONE and Mullen THREE vehicles.
Alibaba Claims Its New AI Model Beats Meta’s Llama 3, Promising Major Advancements
Alibaba updates AI models, claims they surpass Meta's Llama 3. Also expands cloud computing and implements AI tools on B2B platform.
Taiwan Semi and Foxconn Guide Global Supply Chain Shifts, Attract Key Industry Players
TSMC and Foxconn are leading the global supply chain shift in response to political and business changes, expanding to key automotive hubs and investing in chip-making capacity.
Elliott Investment Criticizes Southwest Airlines Execution In Letter, Promises 77% Stock Return Potential
Elliott Investment Management criticizes Southwest Airlines' outdated strategies and poor execution, calling for new leadership and a reconstitution of the Board to achieve a 77% stock return within 12 months.
What’s Going On With GameStop Stock On Monday?
GameStop (GME) shares rise after lower-than-expected earnings and Roaring Kitty's support for CEO. Net sales and EPS fall, but losses decrease.