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AI Is Necessary But Time-Consuming Model Transition, Analyst Says While Downgrading C3.ai

By Anusuya Lahiri
September 2, 1:55 PM
Needham analyst Mike Cikos downgraded C3.ai, Inc (NYSE:AI) to Hold from Buy and removed his last $20 price target. C3.AI announced a shift…

AI

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A Balanced Case For Nvidia: A Bullish Analyst Grows ‘More Concerned’ For The Chipmaker’s Prospects

By Anusuya Lahiri
September 2, 1:41 PM
Nvidia Corp (NASDAQ:NVDA) elaborated on U.S.’s new license requirement for exports into China and Russia, acknowledged Needham analyst Rajvindra S. Gill. Future A100…

NVDA

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nCino Analysts Cheer Q2 Beat Amid Uncertain Macros

By Anusuya Lahiri
September 2, 1:11 PM
nCino, Inc (NASDAQ:NCNO) reported Q2 revenues of $99.6 million, up 50% Y/Y, beating the consensus. Adjusted EPS loss of $(0.04) surpassed…

NCNO

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China’s E-commerce Giant Pinduoduo Makes US Debut, Intensifies Rivalry With Amazon

By Anusuya Lahiri
September 2, 10:45 AM
Chinese e-commerce platform Pinduoduo Inc (NASDAQ:PDD) quietly launched in the U.S., aiming to crack an Amazon.com Inc (NASDAQ: AMZN)-dominated market, Nikkei Asia reports. China’s…

AMZN

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Kevin O’Leary-Backed WonderFi Buys Blockchain Foundry, Bolsters Web3 Capabilities

By Renato Capelj
September 2, 10:40 AM
WonderFi Technoloies Inc. (OTCQB: WONDF) agreed to acquire Blockchain Foundry Inc. (OTCPK: BLFDF), a blockchain development firm

BLFDF

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Crypto Adoption In Retail Continues To Grow During Bear Market: ‘A Massive Opportunity’

By Justin Roberti
September 2, 9:07 AM
There is always hope, even going into the fifth month of the crypto bear market. For those who can’t bear to keep following the prices (pun intended), we focus on following the projects of the projects themselves, which create the value.

ETH

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Hollysys Shares Soar As Management-Led Consortium Reportedly Weighs Offer At 71% Premium

By Anusuya Lahiri
September 2, 8:43 AM
A consortium led by China’s Hollysys Automation Technologies, Ltd’s (NASDAQ:HOLI) management aims to take the U.S.-listed automation and control system…

HOLI

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7 minute read
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Top Financial Stories Thursday, September 2: GM’s Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..

By Vandana Singh
September 2, 8:21 AM
Wall Street Journal

AMZN

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US Offers Relaxations To Nvidia For AI Chip Development In China

By Anusuya Lahiri
September 2, 7:44 AM
Nvidia Corp (NASDAQ: NVDA) informed that the U.S. government would allow it to continue developing its H100 artificial intelligence chip in China.…

NVDA

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Meta Selects Qualcomm To Accomplish Metaverse Ambitions

By Anusuya Lahiri
September 2, 7:41 AM
Facebook parent Meta Platforms Inc (NASDAQ:META) agreed to use Qualcomm Inc (NASDAQ:QCOM) produced custom chipsets for its Quest virtual reality devices at…

META

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