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Dec 18, 2024
AMD and LuminArx boost cloud startup Vultr with $333 million funding
-- Advanced Micro Devices (NASDAQ:AMD) and hedge fund LuminArx Capital Management have jointly raised $333 million in a growth financing round for cloud startup...
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Dec 18, 2024
Here’s why Block (SQ) is a new best stock idea at Bernstein
-- Block Inc (NYSE:SQ), formerly known as Square, is a new best idea at Bernstein. In a Wednesday note, the investment firm highlighted several catalysts that could...
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Dec 18, 2024
EA shares down pre-market as Stifel downgrades to 'hold' on valuation concerns
-- Shares of Electronic Arts Inc . (NASDAQ:EA) traded lower on Wednesday in pre-market trading following a downgrade from Stifel analysts, who revised their rating...
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Dec 18, 2024
Secondary startup transactions set to reach new high in 2024
-- Secondary transactions involving venture-backed startups are projected to reach a record high in 2024. Companies such as OpenAI, SpaceX, and Stripe Inc. are...
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Dec 18, 2024
Viking shares tumble after Merck inks deal with Hansoh Pharma
-- Viking shares fell 5.5% following the announcement of a licensing agreement between Hansoh Pharma and Merck (NS:PROR). Under the terms of the deal, Merck will...
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Dec 18, 2024
Stock market today: Dow slumps 1100+ points as Fed's hawkish outlook downs stocks
-- The Dow slumped more than 1100 points Wednesday,  after Federal Reserve delivered a quarter-point rate cut, but halved the number of cuts expected for next year,...
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Dec 18, 2024
Chile's central bank forecasts economic growth and inflation rates for 2025-2026
-- Chile's central bank has released its December Monetary Policy Report, projecting economic growth between 1.5% and 2.5% for 2025 and 2026. This follows a 2.3%...
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Dec 18, 2024
Micron earnings beat by $0.06, revenue topped estimates
- Micron (NASDAQ: MU) reported first quarter EPS of $1.79, $0.06 better than the analyst estimate of $1.73. Revenue for the quarter came in at $8.71B versus the...
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Dec 18, 2024
NVIDIA's GB200 rack needs more supply chain optimization, mass production expected in Q2 and Q3 of 2025
-- The NVIDIA (NASDAQ:NVDA) GB200 rack-mounted solution requires further optimization and adjustment in its supply chain, according to recent research by TrendForce....
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Dec 18, 2024
US watchdog warns credit card issuers not to devalue rewards
(Reuters) -Credit card companies that devalue or cancel the rewards points, cash back or miles that cardholders have earned may be breaking the law, the top U.S. watchdog agency...
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