Pension officials from New York and California have requested a meeting with Elon Musk to discuss their concerns.
Source: Sherwood News.
Category: Business
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Marvell rises after strong Cisco earnings and price target hikes from Bank of America and Goldman Sachs analysts
Marvell Technology (MRVL) is enjoying another bump in its stock in early trading on Thursday following a series of target hikes from Wall Street analysts and strong readacross from Cisco, which is surging…
Source: Sherwood News.
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Micron has unseated Nvidia and Tesla as the market’s most heavily traded stock
More than $46 billion has changed hands every day on average in the red-hot memory stock over the last five sessions.
Source: Sherwood News.
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Nvidia rises on report that the US has cleared H200 chip sales in China for 10 firms, Foxconn’s profit beat adds to the optimism
The AI chipmaker got a double boost from H200 export approvals and stronger-than-expected profit from its key server partner.
Source: Sherwood News.
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Doximity sinks on gloomy full-year revenue outlook, says AI compute costs are weighing on margins
The company reported earnings results on Wednesday.
Source: Sherwood News.
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Lightwave Logic drops following Q1 earnings
Lightwave Logic (LWLG) released its Q1 earnings report Wednesday postmarket. The company reported increasing shortfalls as the photonics company continues to scale. Investors reacted by pushing the stock…
Source: Sherwood News.
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USA Rare Earth gains after delivering better-than-expected quarterly results
The government-backed USA Rare Earths just released Q1 results.
Source: Sherwood News.
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Cisco surges on Q3 earnings beat and better-than-expected Q4 outlook
The computer networking equipment giant reported financials on Wednesday. Here’s what they say.
Source: Sherwood News.
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Stocks close at a new record, powered by chip stocks and Big Tech
Traders ignored the surprise spike in producer prices and piled back in to the AI trade.
Source: Sherwood News.
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Microsoft: We have spent over $100 billion on OpenAI deal
A Microsoft executive revealed in testimony that the company had spent over $100 billion on its partnership with OpenAI.
Source: Sherwood News.
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Netflix confirms a “KPop Demon Hunters” world concert tour is on the way
Netflix has hit a “Golden” mine and it’s continuing to dig deeper.
Source: Sherwood News.
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The real problems with using GameStop shares to try to purchase eBay
There are three reasons why GameStop trades where it does. Only one of these, and the least important reason, is something eBay shareholders would get to enjoy.
Source: Sherwood News.