Arm Holdings PLC
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 […]
Read More
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, […]
Read More
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 […]
Read More
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 […]
Read More
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
Read More
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 […]
Read More
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. […]
Read More
Stocks making the biggest moves premarket: Kellanova, Alphabet, Flutter and more
Check out the companies making headlines in premarket trading. Kellanova — Shares rose more than 6% in the premarket after the foodmaker agreed to be acquired by snackmaker Mars for $83.50 per share in cash. The deal values Kellanova at about $36 billion and is expected to close in the first half of 2025. Alphabet […]
Read More
Stocks making the biggest moves after hours: Palantir Technologies, Lucid Group, CSX and more
Check out the companies making headlines after the bell : Palantir Technologies — Shares of Palantir Technologies popped more than 15% after the company beat second-quarter estimates and upped its annual forecast as demand for artificial intelligence software shows no signs of dwindling. Palantir posted adjusted earnings of 9 cents per share on $678 million […]
Read More
Stocks making the biggest moves midday: Robinhood, Nvidia, Intel and more
Check out the companies making headlines in midday trading: Crypto stocks — Several bitcoin-related names were hit following the cryptocurrency’s drop below $50,000 for the first time since February. Robinhood plummeted more than 10%, and MicroStrategy plunged more than 8%. Others such as Coinbase and Marathon Digital each fell around 5%. Kellanova — Shares of […]
Read More