Arm Holdings PLC
Stocks making the biggest moves premarket: Darden Restaurants, Nvidia, DoorDash, Coursera and more
Check out the companies making headlines before the bell. Darden Restaurants — Shares advanced nearly 11% after the restaurant operator announced a multiyear partnership with Uber for on-demand delivery later this year. The company reported weaker-than-expected quarterly earnings and revenue, however, as its sales weakened at Olive Garden and its fine dining restaurants. NextEra Energy […]
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Asian chip-related stocks rally on renewed AI optimism after Nvidia CEO comments
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Asian chipmaking heavyweights extended Wall Street’s rally as Nvidia CEO Jensen Huang made bullish comments about the AI darling’s outlook. The founder of the artificial intelligence […]
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Taiwan jumps almost 3% as tech stocks rally, leading Asia-Pacific markets higher
TSMC offices in San Jose, California, US, on Thursday, April 18, 2024. David Paul Morris | Bloomberg | Getty Images Asia-Pacific markets opened higher on Thursday, tracking gains on Wall Street fueled by a tech rally. Japan’s Nikkei 225 jumped 2.77% and the broad-based Topix advanced 1.91%. Semiconductor related stocks Tokyo Electron rose 3.56%, Advantest […]
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Britain does a bad job at keeping globally relevant tech firms, former Arm CEO says
Warren East, former CEO of Rolls Royce and Arm, speaking at a tech event in London on June 13, 2022. Luke MacGregor | Bloomberg via Getty Images CAMBRIDGE, England — The U.K. is doing a bad job of commercializing technology businesses globally and needs a mindset shift from the investor community to win on the […]
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Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more
Check out the companies making headlines in midday trading. Palantir Technologies , Dell Technologies — Palantir and Dell jumped 13% and nearly 5%, respectively, following the announcement after the bell Friday that both stocks would join the S & P 500 before the open on Sept. 23. Palantir is set to take American Airlines’ spot, […]
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Stocks making the biggest premarket moves: Boeing, Dell, Merck and more
Check out the companies making the biggest moves in premarket trading: Boeing — Shares jumped 4% after the aircraft maker reached a deal with a union that represents its factory workers, potentially avoiding a costly strike. MarineMax — Shares jumped 6% after Citi upgraded shares to buy from neutral. The firm highlighted the upside of […]
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Qualcomm ramps up challenge to Intel and AMD with latest AI PC chip
A view of the logo of Qualcomm at the Mobile World Congress 2024. Ramon Costa | SOPA Images | Lightrocket | Getty Images Qualcomm launched a new PC processor on Wednesday as it looks to capitalize on electronics makers’ desire to put artificial intelligence on their devices. The move ramps up Qualcomm’s efforts to challenge […]
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Asian chip stocks fall after Nvidia sell-off on Wall Street overnight
Key Points Chip and tech stocks across Asia opened sharply lower Wednesday morning, following a steep plunge in Nvidia’s share price in the U.S. overnight. Source
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How Google makes custom chips used to train Apple AI models and its own chatbot, Gemini
Inside a sprawling lab at Google headquarters in Mountain View, California, hundreds of server racks hum across several aisles, performing tasks far less ubiquitous than running the world’s dominant search engine or executing workloads for Google Cloud’s millions of customers. Instead, they’re running tests on Google’s own microchips, called Tensor Processing Units, or TPUs. Originally […]
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Stocks making the biggest moves midday: Brinker International, Victoria’s Secret, Flutter Entertainment and more
Check out the companies making headlines in midday trading. Brinker International – The stock plummeted around 12% after the Chili’s parent issued a weaker-than-expected profit forecast for the full year and reported disappointing fiscal fourth-quarter earnings . The company posted adjusted earnings of $1.61 per share, below the StreetAccount consensus estimate of $1.72 per share. […]
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