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AMD Shares Fall as New AI Lineup Fails to Impress Amid Nvidia Competition

Shares of Advanced Micro Devices tumbled Thursday as the chipmaker's new AI lineup failed to excite investors who are eager to see the company take on Nvidia. Shares of Advanced Micro Devices (AMD) tumbled 4% on Thursday as the chipmaker’s newly unveiled AI lineup failed to generate excitement among investors eager to see AMD directly…

ByPexecoOctober 11, 20240Comments

Stocks

Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change

Nike's hard-hit shares topped the Dow's leaderboard Friday as Wall Street analysts largely welcomed the company's appointment of longtime executive Elliott Hill as its new CEO. Nike's hard-hit shares surged Friday, leading the Dow's advancers, as Wall Street analysts broadly welcomed the appointment of veteran executive Elliott Hill as the new Chief Executive Officer (CEO).…

ByPexecoSeptember 21, 20240Comments

News

Moderna Stock Drops on Plans To Cut $1.1B in R&D Costs

Moderna shares dropped sharply Thursday morning after the COVID-19 vaccine maker announced plans to scale back its research and development (R&D) efforts in a bid to reduce costs. The company will now concentrate on securing FDA approval for 10 key products, including vaccines for respiratory syncytial virus (RSV), cancer treatments, and a combination COVID-19 and…

ByPexecoSeptember 12, 20240Comments

News

Asian Markets Dip Following US Presidential Debate; Wall Street Mixed

Asian benchmarks slipped on Wednesday after a mixed close on Wall Street, where traders monitored the potential market impact from the overnight US presidential debate between Vice President Kamala Harris and former President Donald Trump. The debate coincided with uncertainty in the financial markets, causing fluctuations in currencies and stocks. The US dollar, which has…

ByPexecoSeptember 11, 20240Comments

Finance News

Berkshire Hathaway Reaches Historic $1 Trillion Market Cap Milestone

Shares of Warren Buffett's holding company, Berkshire Hathaway, rose in intraday trading on Wednesday, pushing its market capitalization above $1 trillion for the first time. Berkshire is now the 8th U.S. company and the 9th globally to reach this significant milestone. Under Buffett's leadership over the past six decades, Berkshire Hathaway has evolved into a…

ByPexecoAugust 29, 20240Comments

Stocks

Nvidia Set to Report Q2 Fiscal 2025 Earnings

Nvidia (NVDA) is scheduled to report its second-quarter earnings for fiscal 2025 after the market closes on Wednesday. Investors will be closely monitoring the company's performance, particularly looking for sustained growth in its data center segment and any updates on the reported delays affecting its upcoming Blackwell artificial intelligence (AI) chip. Anticipated Financial Performance According…

ByPexecoAugust 28, 20240Comments

Stocks

How Much Hype is Left in Nvidia’s Stock? Investors Await Crucial Earnings Report

The European Commission has significantly reduced the import duty on Tesla vehicles manufactured in China, potentially paving the way for a surge in sales across the region. Chinese EV exports to the EU experienced a sharp decline in response to the proposed tariffs. Nvidia has ridden Wall Street's mania around artificial intelligence to become one…

ByPexecoAugust 22, 20240Comments

News

How This Week’s Big Tech Earnings Could Affect the Broader Market

KEY TAKEWAYS This week will bring earnings from Microsoft, Apple, Amazon, and Meta, in what could be the biggest week of this earnings season. Big moves in their stocks would affect major indexes, and markets may be on edge after earnings reports from Tesla and Alphabet last week sent tech stocks spiraling. Any weakness in…

ByPexecoJuly 29, 20240Comments

Stocks

Optimism About Tesla Deliveries Boosts Its Stock

KEY TAKEWAYS Tesla is expected to release second-quarter delivery numbers Tuesday. Its shares gained today on optimism that the electric vehicle (EV) maker will post solid numbers. On Monday, Chinese EV rivals posted strong numbers, and their shares were up as well. Wedbush Securities analysts believe Tesla's growth in China is turning around. Tesla (TSLA)…

ByPexecoJuly 2, 20240Comments

Stocks

Elon Musk’s xAI Partners with Dell and Super Micro for AI Hardware

KEY TAKEWAYS Elon Musk announced that Dell Technologies and Super Micro Computer will be providing hardware for his artificial intelligence (AI) project. Musk said the two companies would be involved in assembling the supercomputer that his startup, xAI, is building. Dell CEO Michael Dell also noted that Dell was working with Nvidia to create a…

ByPexecoJune 21, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

AMD Shares Fall as New AI Lineup Fails to Impress Amid Nvidia Competition

Nike Stock Climbs as Wall Street Analysts Welcome a CEO Change

Moderna Stock Drops on Plans To Cut $1.1B in R&D Costs

Asian Markets Dip Following US Presidential Debate; Wall Street Mixed

Berkshire Hathaway Reaches Historic $1 Trillion Market Cap Milestone

Nvidia Set to Report Q2 Fiscal 2025 Earnings

How Much Hype is Left in Nvidia’s Stock? Investors Await Crucial Earnings Report

How This Week’s Big Tech Earnings Could Affect the Broader Market

Optimism About Tesla Deliveries Boosts Its Stock

Elon Musk’s xAI Partners with Dell and Super Micro for AI Hardware