Stocks Are In and Bonds Are Out: Top Trades for the Rest of the Year
US stocks will outperform the nation’s government and corporate bonds for the rest of this year as the Federal Reserve…
OpenAI sees $5 billion loss in 2024 and soaring sales as big ChatGPT fee hikes planned
Artificial intelligence startup OpenAI expects massive losses this year, but revenue over the next five years will continue to be…
Huawei guns for Nvidia market share in China — Ascend 910C GPU customer sampling begins
Huawei is sampling its latest GPU for AI to customers in China according to reporting by the South China Morning…
Spirit Aero reviews furlough contingency plans amid Boeing strike
Spirit AeroSystems is reviewing its contingency plans regarding furloughs, a company spokesperson said on Thursday, adding that the key supplier…
Southwest’s turnaround strategy lifts shares
Southwest Airlines on Thursday unveiled several initiatives to shore up sagging profits, including partnerships, vacation packages for customers and aircraft…
X Under Musk: Suspensions Surge 307%, Driven by Action Against Child Abuse
X suspensions have more than quadrupled since Elon Musk bought Twitter, the social platform reported on Wednesday. At the same…
Intel rejects Arm’s approach for product division
Arm Holdings approached Intel about potentially acquiring the company’s product division but was told that the business is not for…
India asks Tamil Nadu state to intervene in Samsung workers strike
-India’s federal labour minister asked the southern state of Tamil Nadu to resolve a weeks-long strike by workers at Samsung…
Oil Extends Sharp Drop on Prospect for More Saudi
Oil fell for a second day as Saudi Arabia was reported to be committed to increasing output in December, while…
Nvidia expected to produce 450,000 Blackwell AI GPUs in Q4 — potential $10B in revenue for the chipmaker
Analysts from Morgan Stanley believe that despite low yields caused by a significant yet easy-to-fix design issue, Nvidia will produce…