Top Stories Archives - Page 43 of 1424

2 minute read

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

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

GameStop’s Roller Coaster: Roaring Kitty’s Live Stream Countdown Ignites Investor Excitement

By Surbhi Jain

June 7, 9:55 AM

GameStop's stock surged 47.45% on Thursday but fell 15% on Friday due to earnings miss. Roaring Kitty's livestream event at noon caused temporary spike. Short interest remains high, signaling intense pressure on short sellers.

GME

2 minute read

FDA Approves Geron’s First Commercial Drug, Competes With Bristol Myers Squibb’s Blood Cancer Drug

By Vandana Singh

June 7, 9:49 AM

FDA approves Geron's Rytelo (imetelstat) for adults with low-to intermediate-1 risk myelodysplastic syndromes and transfusion-dependent anemia Geron's first commercial treatment targets a market potential of $1.2 billion.

BMY

2 minute read

Bitcoin Spikes To $72K, Then Drops $1,300 Following US Employment Report: What Happened?

By Murtuza Merchant

June 7, 9:25 AM

Bitcoin (CRYPTO: BTC) fell over $1,300 from $71,997 to $70,663 within minutes following the release of the latest U.S. employment report.

BTC

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

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