What’s Going On With GameStop Stock Thursday?
GameStop's stock dropped 16% after CEO Ryan Cohen's plan to shift towards profitability and avoid meme-stock hype. The company also faces declining sales and criticism of its business model.
What’s Going On With Wolfspeed Stock Thursday?
Wolfspeed reportedly postpones $3B Germany plant to focus on NY production due to weak EV markets. Faces investor pressure after stock fell 51% in past year.
Petrobras New CEO Vows To Fuel Brazil’s Growth Engine: Report
New CEO of Petrobras, Magda Chambriard, aims to boost Brazil's economy and profitability. No further management changes expected.
What’s Going On With Taiwan Semi Stock Thursday?
TSM explores new chip packaging method, collaborating with suppliers. Reports show Apple, Nvidia, and others have booked TSMC's advanced chips.
Australia Grants Equinor Feasibility License For Offshore Wind Project: Report
Australian govt grants Equinor & Oceanex Energy a license to assess feasibility of constructing wind farm. PM aims for 82% of power from renewables by 2030.
Tesla’s Chinese Rival NIO’s Firefly Models To Stay Competitive In Europe Despite Added Tariffs, Says CEO William Li: Report
Nio CEO William Li opposes EU tariffs on Chinese EVs, confident Firefly models will remain competitive in Europe despite challenges.
What’s Going On With Nvidia Stock Thursday?
Nvidia became the world's most valuable listed company due to high AI chip demand. It surpassed Microsoft and Apple for first time since Feb 2019.
Elon Musk Reassures Advertisers By Revealing Why He Told Them To ‘Go F*** Yourself’ Last November: ‘I Do Shoot Myself In The Foot From Time To Time’
At the Cannes Lions conference, Elon Musk addressed his past outbursts and reassured advertisers about the future of X (formerly Twitter), emphasizing the platform's commitment to free speech and improved safety for brands.
Micron Technology Plans Major US Expansion And Eyes Malaysia For HBM Production To Compete With SK Hynix And Samsung: Report
In a bid to compete with South Korean rivals, Micron Technology Inc is planning to expand its high-bandwidth memory chip production in the U.S. significantly and is also considering manufacturing in Malaysia.
Netflix Bets Big On Smallest Southeast Asian Market, Expands Local Content Production To Replicate ‘Squid Game’ Success
In a bid to replicate the success of its South Korean hit 'Squid Game', Netflix Inc is boosting its local content production in Southeast Asia.