Equities Archives - Page 47 of 1061

2 minute read

Roaring Kitty’s GameStop Options Could Be Worth $54M, But Cashing Out Might Be Tricky: ‘Everybody’s Hyper Aware Of This Now’

June 4, 11:26 AM

The size of the position and the attention on GameStop could make selling the options or taking delivery of the underlying shares problematic.

GME

1 minute read

Snowflake & NVIDIA Team Up For AI Revolution: Details

By Lekha Gupta

June 4, 11:09 AM

Snowflake partners with NVIDIA to enable building customized AI apps on Snowflake's Cortex AI with NVIDIA AI Enterprise software and NeMo Retriever microservices.

CLOU

1 minute read

What’s Going On With Chinese EV Maker Li Auto Shares Tuesday?

By Nabaparna Bhattacharya

June 4, 11:02 AM

Li Auto reportedly implements significant sales and delivery process changes amid ongoing team restructuring, aiming to align goals and enhance sales performance.

2 minute read

What’s Going On With MicroStrategy Stock Today?

By Nabaparna Bhattacharya

June 4, 10:52 AM

MicroStrategy shares hold steady in today's trading despite news of a $40 million tax fraud lawsuit settlement involving CEO Michael Saylor.

BTC

3 minute read

Apple GPT, AI-Siri, VisionPro’s Global Rollout: What To Expect At WWDC 2024

By Piero Cingari

June 4, 10:27 AM

Apple to unveil advancements at WWDC 2024 with focus on AI integration across ecosystem. New features include audio summarization and photo editing. Apple GPT to compete with Chat GPT-4 and Gemini. Vision Pro headset to have international rollout.

AAPL

1 minute read

Future Of Travel: XPENG AEROHT Teams Up With Autoliv For Flying Car Safety Tech

By Shivani Kumaresan

June 4, 10:19 AM

Advancements in technology are propelling the realization of flying cars. Autoliv China and XPENG AEROHT, leading in flying car innovation, join forces to develop safety solutions, a pivotal step towards making flying cars a reality.

ALV

2 minute read

Axos Financial Hit With Short Seller Report, Stock Tumbles

By Lekha Gupta

June 4, 10:14 AM

Short seller claims former employee detailed loan practices to hide problems, potentially leading to inadequate provisions. AX shares down 12.01%.

2 minute read

Ferguson’s Q3 Margins Expand Despite Continued Deflation – Details Here

By Nabaparna Bhattacharya

June 4, 9:49 AM

Ferguson Plc reports Q3 net sales increase but faces modest price deflation. The company said its fiscal 2024 financial guidance reflects continued volume growth and resilient gross margin despite the impact of continuing mild deflation expected for the remainder of the fiscal year.

FERG

1 minute read

Why Is Specialty Retailer Designer Brands’ Stock Plunging Today?

By Shivani Kumaresan

June 4, 9:27 AM

Designer Brands shares fell after disappointing Q1 FY24 earnings. Despite a 0.6% sales growth to $746.596 million, EPS of $0.080 missed estimates. Comparable sales dropped 2.5%, and the Operating income plunged 52.2% to $9.4 million.

DBI

1 minute read

Trip.Com Stock Is Trading Lower Tuesday: What’s Going On?

By Lekha Gupta

June 4, 9:10 AM

Trip.com Group Limited (NASDAQ: TCOM) to offer $1.3 billion in convertible senior notes to repay debt and expand operations, while repurchasing shares.

CGRO