General Archives - Page 92 of 2367

2 minute read

Germany Nears Decision To Ban Huawei 5G By 2026: Report

May 17, 1:02 PM

Germany is moving towards removing Chinese technology from its 5G core network by 2026, with support from three key ministries citing national security concerns. The plan targets Huawei and ZTE components, requiring their removal from core networks by 2026 and reduced dependency by 2029. This move reflects heightened scrutiny of Chinese firms amid rising security concerns and deteriorating US-China relations.

DTEGF

2 minute read

European Patent Office Sides with Moderna In COVID-19 Vaccine Patent Dispute With Pfizer/BioNTech

By Vandana Singh

May 17, 12:46 PM

Moderna wins a crucial legal battle at the European Patent Office against Pfizer and BioNTech over Covid-19 vaccine patents.

BNTX

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Under Armour Is Lagging Behind Peers Like Nike & Lululemon! Analyst Explains Why

By Nabaparna Bhattacharya

May 17, 12:41 PM

Under Armour faces challenges as it lags behind competitors, with analysts noting concerns over revenue decline, product innovation, and profitability.

LULU

1 minute read

Coinbase Gets Upgrade: Analyst Highlights Larger Audience, New Spot ETFs, Less Focus On Meme Coins

By Nabaparna Bhattacharya

May 17, 12:38 PM

Coinbase receives an upgrade from BofA Securities, citing increased retail engagement in crypto and improved operating leverage.

COIN

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Microsoft’s Game-Changer! Reportedly Shifts ‘Call Of Duty’ To Game Pass Subscription

By Nabaparna Bhattacharya

May 17, 12:11 PM

Microsoft plans a game-changing move: Call of Duty to shift to Game Pass subscription, signaling a bold shift in video game sales strategy.

MSFT

1 minute read

Volkswagen Abandons Renault Partnership On Affordable EV Project: Report

By Shivani Kumaresan

May 17, 11:52 AM

Volkswagen has reportedly ended talks with Renault regarding a joint venture to create an affordable electric Twingo. Despite months of negotiations, they couldn't reach an agreement, leaving Renault to continue the project independently, aiming for a 2026 release.

BYDDF

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Nvidia-Backed AI Firm CoreWeave Secures $7.5B In Debt Financing: Report

By Shivani Kumaresan

May 17, 11:39 AM

CoreWeave, an AI cloud-computing startup supported by Nvidia, has secured $7.5 billion in debt financing from Blackstone, Carlyle Group, and BlackRock. This funding follows a $1.1 billion equity round, valuing CoreWeave at $19 billion. The funds will expand their data centers and purchase AI chips.

AMZN

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Medtronic Presented Late-Breaking Data Showing Performance Of Its OmniaSecure Defibrillation Lead Met Its Primary Safety And Effectiveness Endpoints, Exceeding Prespecified Performance Goals, In The Global LEADR Pivotal Trial

By Benzinga Newsdesk

May 17, 11:37 AM

Global LEADR clinical trial meets safety and effectiveness objectives; results presented at Heart Rhythm 2024 and simultaneously published in Heart RhythmDUBLIN and BOSTON, May 17, 2024 /PRNewswire/ -- Medtronic plc

MDT

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Reddit’s Inclusion Of ChatGPT Triggers IBM Watson Fiasco Déjà Vu: A ‘Recipe For Disaster’?

By Surbhi Jain

May 17, 11:37 AM

Reddit user expresses concern over the potential for an "AI brain explosion" as OpenAI crawls through "soooo much stupidity."

GOOG

2 minute read

‘Playing The Rumor, Not The News’: Reddit Users Speculate On Potential S&P 500 Inclusions

By Surbhi Jain

May 17, 11:17 AM

Investors eye S&P 500 index additions as speculation mounts for potential gains. Some suggest PLTR, APP, DASH, ARES, SQ, DDOG, and PINS as potential contenders, but caution against unrealistic expectations and highlight the importance of thorough research. SPY, IVV, and VOO are key ETFs to watch.

APP