Top Midday Stories: Salesforce Shares Sink on Revenue Miss; US Steel, Nippon Steel Get Non-US Regulatory Approvals for Deal; Tesla Criticizes Glass Lewis Over CEO Pay Recommendation...
Continue ReadingAmazon (AMZN) benefits from its expanding fulfillment network worldwide. Growing capabilities in retail robotics are other tailwinds...
Continue ReadingNetflix is facing major challenges as the stock closes the previous peak of over $675 which it reached at the end of 2021. See why I rate NFLX stock as a sell...
Continue ReadingBlackbaud (BLKB) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues...
Continue ReadingAmazon (AMZN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues...
Continue ReadingWarner Bros. Discovery could lose its NBA media rights package, which expires at the end of next season...
Continue ReadingUBS Research analyst David Vogt noted that iPhone units were down almost 20% in China in April. Apple is “not out of the woods yet,” he wrote...
Continue ReadingAmazon Prime membership now includes free access to food delivery company Grubhub's subscription service...
Continue ReadingAccording to CNBC’s Jim Cramer, Nvidia Corp (NASDAQ:NVDA) could soon surpass Microsoft Corp’s (NASDAQ:MSFT) market capitalization. He explained that Wall Street is skeptical of Nvidia’s rapid rise, as many need to familiarize themselves with its products. Cramer compared Nvidia’s ascent to Apple Inc’s (NASDAQ:AAPL) dethroning of Exxon Mobil Corp (NYSE:XOM), noting that Nvidia’s fame primarily comes from the enterprise sector and hard-core gamers, CNBC reports. Also Read: AMD Expands Partnership...
Continue ReadingIntel, Google, Microsoft, Meta and other tech heavyweights are establishing a new industry group, the Ultra Accelerator Link (UALink) Promoter Group, to guide the development of the components that link together AI accelerator chips in data centers. Announced Thursday, the UALink Promoter Group — which also counts AMD (but not Arm just yet), Hewlett Packard Enterprise, Broadcom and Cisco among its members — is proposing a new industry standard to connect the AI accelerator chips found within a g...
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