July 2, 2026
“Advanced Micro Devices reported first-quarter results that topped analysts’ estimates. For the second quarter, the chipmaker said it expects about $11.2 billion in revenue, beating expectations. AMD’s stock has more than tripled over the past year as investors bet that… Continue Reading…
June 12, 2026
“Snap rose after announcing plans to lay off around 16% of its workforce. CEO Evan Spiegel said AI advancements are helping staff work faster and reduce “repetitive work.” The company expects to reduce its yearly expenses by over $500 million… Continue Reading…
April 12, 2026
“Arm’s shares jumped after CEO Rene Haas said the company expects its newly released chip to generate $15 billion in annual revenue in 2031. The firm unveiled its AGI CPU chip on Tuesday, which is designed for AI inference in… Continue Reading…
April 7, 2026
“Novo’s drug, CagriSema, didn’t achieve its key goal of demonstrating non-inferiority on weight loss when compared to Eli Lilly’s rival drug tirzepatide. The stock plummeted on Monday, hitting its lowest level since June 2021. The Danish drugmaker is also navigating… Continue Reading…
February 19, 2026
“…Freshworks closed 2025 with $838.8 million in revenue, up 16% year over year, and fourth quarter revenue of $222.7 million. GAAP operating income swung to $13.2 million for the year from a sizable loss in 2024, while non-GAAP operating margin expanded to… Continue Reading…
January 22, 2026
“…Riot Platforms bounced back by 16.11 percent on Friday to finish at $19.24 apiece after bagging a data center lease and services agreement with Advanced Micro Devices Inc. (AMD), which could potentially generate the former up to $1 billion in… Continue Reading…
October 9, 2025
“Oklo shares have tumbled over the past two days. Goldman Sachs sees the stock pulling back over the next 12 months, cautioning investors that Oklo needs to secure finalized customer agreements. Oklo has also seen a cluster of insider selling… Continue Reading…
October 8, 2025
“Shares of U.S. chipmaker Intel climbed 3% Thursday, putting the monthly gain over 50%. The surge pushed the stock past $37, hiking the value of the U.S. government’s 10% stake in Intel to roughly $16 billion. The Trump administration negotiated an $8.9 billion investment… Continue Reading…
May 13, 2025
“…Customs duties totaled $16.3 billion for the month, some 86% above the $8.75 billion collected during March and more than double the $7.1 billion a year ago, the Treasury Department reported Monday. That brought the year-to-date total for the duties up to… Continue Reading…
Stocks
“Qualcomm shares soar 16% on CEO comments about China orders, hyperscaler customer”
June 24, 2026
“Qualcomm shares surged as CEO Cristiano Amon said that it would begin shipping data center chips to “a large hyperscaler” within the calendar year. The stock initially sank after the chipmaker reported second-quarter earnings that topped Wall Street estimates but… Continue Reading…
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