Walmart’s Worker Safety Debate – False Alarms and Cost Concerns Clash with New Legislation
Walmart opposes New York's new law requiring panic buttons for retail workers due to high costs and false alarms, despite recent safety initiatives.
What’s Going On With Southwest Airlines Stock On Monday?
Southwest Airlines (LUV) stock rises as Elliott Investment Management plans to invest $2B and push for change amidst challenges and recent losses.
ASML Remains Top Pick In EU Semicaps, Analyst Highlights Key Role In AI Infrastructure And Multiple Expansion
BofA Securities analyst reiterated Buy rating on ASML Holding N.V. with a raised price target, reflecting higher confidence in demand for EUV tools and higher gross margin. ASML remains top pick in EU Semicaps due to its irreplicable role in AI infrastructure buildout.
BNPL Company Affirm Launches New Payment Options To Boost Flexibility
Affirm Holdings, Inc announced new payment options, Pay in 2 and Pay in 30, for its app users. These options offer flexibility and cater to consumer budget preferences, leading to increased cart conversion and partnerships with companies such as Alterra Mountain Company. AFRM stock has gained 93% in the last year.
Alibaba Projects $60B GMV for 2024, Plans New Business Model Breakthroughs
Alibaba.com, a B2B platform, aims for $60B GMV in 2024, 20% increase from $50B in 2023. President cites need for new business model breakthroughs.
What’s Going On With Tesla Stock Friday?
Morgan Stanley's Adam Jonas says the AI frenzy and its impact on the electricity grid are taking a toll on Tesla and its rivals.
Nvidia’s AI Chip Has A Tough Competitor From China – Huawei’s Latest Ascend 910B
Huawei's Ascend 910B AI chip, matching or surpassing Nvidia's A100 in some tests, poses competition amid US export restrictions. China's self-sufficiency drive boosts Huawei's domestic market adoption.
Taiwan Semi Rides AI Wave, Reports $7.1B Revenue In May
World's largest contract chipmaker, TSMC, saw 30% sales increase in May due to high demand for AI and recovering consumer electronics. Nvidia and Google drive AI unicorn growth.
What’s Going On With AMC Entertainment Holdings On Friday?
AMC Entertainment stock drops with GameStop after worse-than-expected earnings and stock offering, while offering discounts for moviegoers.
GameStop Releases Q1 Results Ahead Of ‘Roaring Kitty’ Event, Files Prospectus To Raise Capital Via Equity Offering
GameStop's Q1 2024 results fell short of estimates with $0.882B net sales and $(0.12) EPS loss. Gross margin improved and Keith Gill's return boosted stock by 78% in past year.