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SpaceX falls for third day, erases $600 billion in market valueSpaceX shares have seen a significant drop, losing hundreds of billions in value over three days. This decline follows the company's announ...- Zoom’s Anthropic investment has netted the company $1 billionThe total value of Zoom’s stake in the rapidly ascendant AI company is worth about $1.27 billion, according to a regulatory filing Friday. ...
- Micron stock soars as AI memory demand drives massive growth and record highsMicron stock is rising fast due to strong AI demand for memory chips. Companies need more DRAM, NAND, and HBM for AI systems and data cente...
- Spotify stock plunges after KeyBanc cuts SPOT stock price target – here's what investors need to know ahead of earnings tomorrowSpotify stock price target: Spotify shares are under scrutiny as Wall Street analysts adjust price targets. KeyBanc lowered its target due ...
- INTC stock today soars over 7% after analyst upgrade – could Intel surpass Samsung as the no. 2 chip foundry supplier?INTC Intel stock today: Intel shares surged following an analyst upgrade. KeyBanc Capital Markets analyst John Vinh raised his rating and p...
- OpenAI partners shoulder nearly $100 billion debt to fund its AI ambitionsOpenAI’s growth is being funded mostly through huge borrowing by partners like Oracle, SoftBank and CoreWeave, which now hold nearly $100 b...
- Apple's iPhone Air a failure? Tech giant responds with massive production cuts as survey confirms weak consumer demandApple is significantly reducing production of its iPhone Air. Consumer demand for the device has been weaker than anticipated. The company ...
- Nvidia Stock Down: Here's recent trends, opportunities, revenue projections, growth potential, circular revenue concerns, investor outlook, analyst updatesNvidia stock down as investors review AI and gaming PC opportunities. Despite strong growth in data centers and AI PCs, analysts warn of ci...
- Walmart tries to shed a stodgy vibe to battle digital-native rivalsWalmart built its empire by dominating on price. But to maintain that empire it must now compete on convenience, breadth and speed. During ...
- Nvidia, AMD shares jump as AI optimism spurs analyst price target hikesShares of Nvidia and Advanced Micro Devices (AMD) jumped on Tuesday as investor optimism over the prospects of higher demand for artificial...
- Apple investors face $340 billion hole as woes mountTepid sales in China for its new iPhone models have fueled concerns about Apple’s ability to justify its pricey valuation and avoid a strea...
- Apple CEO Tim Cook makes $41 million from biggest stock sale in two yearsCook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. He made ...
- Freight costs fueled inflation. Can they dampen it now?On the demand side, monthly imports peaked at a record $351 billion in March and slid to $330 billion in July.
- Alphabet nears $1-trillion valuation on rising ad-growth optimismAlphabet Inc. shares rose as much as 1.7 per cent
- Oil posts a weekly loss amid dour economic outlook, supply riseThe global benchmark fell 1.8 per cent this week.
- Oil bulls double down on rally with highest bets since OctOil has wavered since nearing $65 a barrel in New York for the first time in five months on April 9.
- Up 40% in 2019, hedge funds say there’s no stopping crude oil rallyOil has wavered since nearing $65 in New York for the first time in five months on April 9.
- Oil rally stalls as growth worries vex marketsMay could be a pivotal month for crude markets as the US decides whether to extend waivers allowing some countries to buy Iranian crude.
- Ebix acquires Indus Software for $29 millionEbix has driven this acquisition with the borader plan to enter peer to peer lending through web, e-wallets and mobile phones.
- Arcelor-Mittal deal to push steel consolidationThe prospective combination of steel giants Arcelor SA and Mittal Steel Co will likely accelerate the ongoing wave of consolidation in the ...
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