Global Archives - Page 31 of 441

2 minute read

Key Apple Supplier’s Stock Gets 14 Upgrades In 2 Weeks Amid Soaring Demand: What’s Going On?

May 14, 4:58 AM

As many as 14 analysts have upgraded TSMC in the past two weeks. The company's stock has witnessed a 35% increase since the start of the year and a 60% rise over the past year.

NVDA

2 minute read

High-Performance Memory Chip Supply To Stay Tight In 2024 Amid Surging AI Demand, Major Manufacturers Face Shortages

By Benzinga Neuro

May 14, 2:45 AM

The global supply of high-performance memory chips is expected to remain constrained throughout 2024, driven by the soaring demand for artificial intelligence technology.

2 minute read

‘Big Short’ Fame Investor Expects Elon Musk’s Tesla Shares To Plunge 70%: ‘People Are Going To Start To Lose Patience’

By Benzinga Neuro

May 14, 2:17 AM

Elon Musk's Tesla is likely to experience a significant decline in its stock value, according to a prominent investor. The investor's prediction is based on the company's recent developments and its future prospects.

TSLA

2 minute read

Mark Cuban Says SEC Didn’t Learn A Thing After Mt. Gox, Applauds Japan’s Response: ‘They Are Still So Stupid’

By Benzinga Neuro

May 14, 12:18 AM

Mark Cuban, the billionaire investor and television personality, criticized the U.S. Securities and Exchange Commission for its inaction following the Mt. Gox debacle. Cuban also lauded Japan’s regulatory response to the incident.

BTC

3 minute read

Elon Musk’s Tesla Faces FSD Uptake Challenge As Only 2% Of Free Trial Users Subscribe, Gary Black Terms The Figure ‘Disappointing’

By Benzinga Neuro

May 13, 9:47 PM

Gary Black, a prominent figure at Future Fund, has raised concerns over the low uptake of Tesla's Full Self-Driving subscription service. Only 2% of the free trial users have opted for the subscription, a figure that is below expectations.

TSLA

3 minute read

China’s Semiconductor Spending Tops US With $142B Commitment: Global Chip Race Heats Up

By Natan Ponieman

May 13, 4:07 PM

Western governments prioritize securing chip supply to compete with China, as seen through Biden's $32.8B incentives, export restrictions, and ASML concerns.

ASML

2 minute read

Tech Stocks Inch Higher Ahead Of Key Inflation Data, GameStop Skyrockets, Tencent Fuels China Rally: What’s Driving Markets Monday?

By Piero Cingari

May 13, 1:47 PM

Wall Street kicked off a data-heavy week on a mixed note as traders await key inflation updates and remarks from Fed Chair Jerome Powell in the coming days.

$DOGE

3 minute read

Yellen Calls For Fair Trade With China, Urges Other Central Banks To Limit Currency Interventions

By Piero Cingari

May 13, 12:04 PM

Janet Yellen emphasizes U.S. role in critical industries and reducing reliance on China. Supports Biden's budget proposals for economic growth and fair taxation.

FXY

1 minute read

Global
News

American Resources Corporation’s ReElement Technologies And LVC Global To Sustain Metal Refining And Recycling In Africa

By Benzinga Newsdesk

May 13, 8:42 AM

LVC GLOBAL optimizes opportunity flow by creating structured, well-managed revenue-generating platforms positioned to scale within dynamic international marketplacesReElement utilizes a groundbreaking refining solution

AREC

2 minute read

Masayoshi Son’s Softbank Beats Analyst Expectations: Record Staggering $1.5B Quarterly Profit, Bolstered By Arm’s Valuation And AI

By Benzinga Neuro

May 13, 6:03 AM

SoftBank Group Corp has reported a quarterly net profit of $1.5 billion, driven by the soaring valuation of Arm Holdings, as it continues to amass funds for its artificial intelligence expansion.

NVDA