Top Stories Archives - Page 88 of 1424

1 minute read

AMD Expands Partnership with Samsung, New 3nm Chips to Boost Market Share

May 29, 7:41 AM

AMD and Samsung are expanding their partnership to develop 3nm chip processing technology, which is crucial for AI devices. AMD also plans to integrate its graphics and offer HBM chips to Samsung. Investors can gain exposure through IGPT and SOXX.

AAPL

3 minute read

Wall Street Set To Open Weaker As Bond Yields Rise, Meme Rally Cools: Analyst Says Stick With What’s Working Amid Volatility

By Shanthi Rexaline

May 29, 7:35 AM

U.S.

2 minute read

Bitcoin Spot ETFs Reach Record $14.9B Year-To-Date Inflows On Tuesday

By Murtuza Merchant

May 29, 7:17 AM

Bitcoin spot exchange-traded funds (ETFs) continued their impressive run, recording a net inflow of $45.1432 million on May 28.

BTC

2 minute read

Temu’s Growth Surge Makes Parent PDD Surpass Alibaba as China’s Most Valuable E-Commerce Giant

By Anusuya Lahiri

May 29, 7:01 AM

PDD surpasses Alibaba in market value, aided by its value-for-money strategy and Temu marketplace. Analysts predict continued success from new markets and strong consumer perception.

BABA

2 minute read

BHP Requests Extension Beyond 4 PM GMT Deadline to Finalize Anglo American Deal

By Stjepan Kalinic

May 29, 6:45 AM

BHP seeks extension for $50B takeover of Anglo American due to complex deal structure. Key shareholders support extension for mutually beneficial resolution.

AAUKF

2 minute read

Fund Manager Weighs In On AI ‘Lead Horse’ Nvidia’s Heady Valuation: ‘Hard To Call It A Bubble’

By Shanthi Rexaline

May 29, 5:44 AM

Nvidia's appeal is that its products are required by others to executive on their AI plans, Navellier said.

AMZN

1 minute read

Cathie Wood’s Ark Sees ‘Great Legislative Breakthroughs’ For Crypto If FIT21 Sails Smoothly In Senate And Ethereum ETFs Start Trading

By Aniket Verma

May 29, 5:41 AM

Cathie Wood-led Ark Invest hailed the bipartisan support extended to the recently passed cryptocurrency bill in the House of Representatives, terming the development at the peak of the election campaign striking.

BTC

2 minute read

Believers Back Musk’s xAI: Cathie Wood’s Ark, Tesla Bull Munster Reveal Taking Stakes As ‘The Elon Factor’ Beckons

By Shanthi Rexaline

May 29, 5:00 AM

Wood, a staunch supporter of Musk, has dubbed him the "Renaissance Man" and strongly believes in the potential of artificial general intelligence.

ARKK

2 minute read

Lucid CEO Peter Rawlinson Thinks Elon Musk’s Tesla Seems ‘Distracted’ And ‘Kind Of Losing Its Way’ — Says It Used To Have ‘The Cutting Edge’ During His 3-Year Stint

By Anan Ashraf

May 29, 3:19 AM

"I don't see it having that singular sense of purpose, and I think it really falls to Lucid to take the technology to a whole new level now," he said.

LCID

2 minute read

Is Faraday Future Meme Stock Material? Reddit Army Charges In As EV Maker Faces SEC Heat, Reveals Bleak Results: ‘Hold The Fort! Don’t Panic!’

By Shanthi Rexaline

May 29, 3:05 AM

Following the earnings release, Reddit users on the r/FFIE subreddit — which has 49,000 followers — expressed strong support for the stock

FFIE