Media Archives - Page 17 of 806

2 minute read

What’s Going On With NIO Shares Friday?

June 7, 10:05 AM

NIO has entered into a charging network-sharing partnership with GAC, marking the first significant progress since their collaboration agreement a month prior. Yesterday, NIO reported its disappointing Q1 2024 revenue results.

NIO

2 minute read

Nvidia’s AI Chip Has A Tough Competitor From China – Huawei’s Latest Ascend 910B

By Anusuya Lahiri

June 7, 9:56 AM

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.

AAPL

2 minute read

Airbus Revamps Toulouse Facility To Boost A320neo Production: Report

By Shivani Kumaresan

June 7, 9:44 AM

Airbus SE is reportedly building a new assembly line for its A320neo-family aircraft in Toulouse to replace an older, less efficient one, enhancing production efficiency. The project will modernize and speed up production to meet increasing demand amid supply constraints.

EADSY

2 minute read

Jim Cramer Is ‘Worried’ About Palo Alto Networks, Calls Monday.com ‘Really Good’

By Avi Kapoor

June 7, 9:13 AM

On CNBC's "Mad Money Lightning Round," Jim Cramer isn't thrilled with Palo Alto Networks, seemingly reversing his stance from April.

MNDY

2 minute read

AbbVie, Amazon, Goldman Sachs And 2 Major Health Care Stocks On CNBC’s ‘Final Trades’

By Avi Kapoor

June 7, 8:59 AM

AbbVie Inc. has good dividend yield and attractive valuations, according to Jim Lebenthal of Cerity Partners.

ABBV

2 minute read

Taiwan Semi Rides AI Wave, Reports $7.1B Revenue In May

By Anusuya Lahiri

June 7, 8:56 AM

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.

AAPL

2 minute read

Antitrust Probes Target AI Giants Microsoft, Nvidia, OpenAI: Report

By Shivani Kumaresan

June 7, 7:51 AM

The U.S. Justice Department and FTC have finalized a deal to potentially investigate Microsoft, OpenAI, and Nvidia for antitrust violations in the AI sector. This move reflects increased scrutiny on AI industry leaders like Nvidia, valued at over $3 trillion. The DOJ will handle Nvidia's compliance, and the FTC will examine OpenAI and Microsoft.

AAPL

2 minute read

GameStop Releases Q1 Results Ahead Of ‘Roaring Kitty’ Event, Files Prospectus To Raise Capital Via Equity Offering

By Anusuya Lahiri

June 7, 7:16 AM

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.

GME

2 minute read

Samsung’s Largest Union Stages First-Ever Strike Over Pay Dispute: Report

By Shivani Kumaresan

June 7, 6:37 AM

Samsung Electronics faced its first-ever strike in 55 years by its largest union, impacting 28,400 workers. The union demands transparent bonus calculations amid a pay dispute, with potential for further strikes if unresolved.

SSNLF

3 minute read

Strategist Explains How Nvidia Options Traders Should Position Themselves Ahead Of Friday’s Stock Split

By Shanthi Rexaline

June 7, 6:35 AM

As Nvidia is gearing up for effecting the 10-for-1 stock split, traders, who stayed on the sidelines due to the hefty price tag, may be gearing up to dip their toe.

NVDA