Month: March 2023
Rivian shares fall as EV maker looks to raise $1.3 billion amid growing demand concerns
The Rivian name is shown on one of their new electric SUV vehicles in San Diego, U.S., December 16, 2022. Mike Blake | Reuters Rivian Automotive plans to raise $1.3 billion in cash via a sale of convertible notes, joining a growing list of EV makers scrambling to hoard cash as demand falters. Shares of […]
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Satellite imagery company BlackSky sees quarterly losses slow as it adds another military contract
BlackSky at New York Stock Exchange, September 13, 2021. Source: NYSE Satellite imagery specialist BlackSky announced fourth-quarter results on Tuesday that show the company further trimming losses and securing an additional military contract. “2022 was a foundational year for BlackSky,” CEO Brian O’Toole said in a statement, adding that “this high level of execution has […]
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Nvidia CEO Jensen Huang’s big bet on A.I. is paying off as his core technology powers ChatGPT
For about a quarter century, Nvidia has been leading the revolution in computer graphics, becoming a beloved brand by gamers along the way. Nvidia dominates the market for graphics processing units (GPUs), which it entered in 1999 with the GeForce 256. Gaming brought in over $9 billion in revenue for Nvidia last year despite a […]
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View Fed Chair Jerome Powell speak live on Capitol Hill about fascination fees and the financial state
[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chairman Jerome Powell will tackle the Senate Banking, Housing and City Affairs Committee on Tuesday morning. Powell’s remarks appear with the central lender weighing the long run of […]
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Stocks generating the major premarket moves: Meta, Rivian, WW International, KeyCorp and extra
In this posting DKS WW RIVN META Comply with your favorite sharesProduce No cost ACCOUNT Guests just take images in entrance of the Meta (Facebook) indicator at its headquarters in Menlo Park, California, on December 29, 2022. Tayfun Coskun | Anadolu Company | Getty Images Check out the firms making the most important moves in […]
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Salesforce follows Microsoft in launching A.I. resources for salespeople with enable from OpenAI
Marc Benioff, co-CEO of Salesforce.com Inc., speaks on a panel session at the Globe Financial Discussion board in Davos, Switzerland, on Tuesday, May possibly 24, 2022. Hollie Adams | Bloomberg | Getty Photos Salesforce is the most current tech powerhouse to be a part of ChatGPT mania. The business claimed Tuesday that it will release […]
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Inventory futures inch larger as Wall Avenue awaits Fed Chair Powell’s reviews: Are living updates
U.S. inventory futures traded marginally higher on Tuesday as traders await Federal Reserve Chair Jerome Powell’s most current feedback on the condition of the economic system. Dow Jones Industrial Regular futures traded flat. S&P 500 futures attained .1%, though Nasdaq-100 futures added .2%. Dick’s Sporting Products shares popped in premarket investing on a powerful holiday […]
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‘Let’s bring France to a halt’: Oil refineries blocked and trains halted by pension reform protests
Vacant forecourts and platforms at the Gare de l’Est railway station in Paris, on March 7, 2023, as clean strikes and protests are planned from the government’s controversial pensions reform. Christophe Archambault | Afp | Getty Illustrations or photos Strike action about strategies to raise the pension age in France brought about common disruption on […]
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Dick’s Sporting Goods smashes same-store sales expectations for holiday quarter
A Dick’s Sporting Goods store stands in Staten Island on March 09, 2022 in New York City. Spencer Platt | Getty Images Dick’s Sporting Goods on Tuesday reported holiday quarter results that beat Wall Street’s expectations, citing a sales boost from the gift-giving season even with inflation-weary consumers. Same-store sales increased 5.3% during the fourth […]
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BlackRock states European businesses are demonstrating ‘surprise resilience’ — and better benefit than the U.S.
A trader will work as a monitor shows the buying and selling info for BlackRock on the ground of the New York Stock Exchange (NYSE) in New York Metropolis, October 14, 2022. Brendan McDermid | Reuters LONDON — European corporate earnings ended up astonishingly resilient in the fourth quarter of 2022, and the continent’s inventory […]
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