Tag: NYSE:TM
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Costco Increases Dividend by 14%, Meta Introduces ‘Artemis’ AI Chip, and More News
Meta Platforms (NASDAQ:META) – Meta Platforms disclosed details on Wednesday about its upcoming generation of internal AI accelerator chip, named Artemis, aiming to lessen its dependence on Nvidia’s AI chips and energy costs. The MTIA chip delivers thrice the performance of its preceding generation. Furthermore, Instagram intends to trial features to blur messages containing nudity,…
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Boeing Down in Pre-Market Due to CEO Developments and Denver Incident; MicroStrategy Surges 11% with BTC Spike, and More
MicroStrategy (NASDAQ:MSTR), Coinbase Global (NASDAQ:COIN) – In pre-market trading, MicroStrategy saw an 11.26% increase priced at $1,601.00, while Coinbase Global gained 5.85% priced at $255.00, driven by a rise in cryptocurrency-related stocks, following Bitcoin (COIN:BTCUSD). Bitcoin rose 3.7% in the last 24 hours, reaching $71,933. Boeing (NYSE:BA) – Boeing shares are down 1.03% in pre-market…
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Cal-Maine Surges on Strong Quarterly Performance, Taiwan Earthquake Disrupts Tech Supply Chain, and More
Taiwan Semiconductor Manufacturing Company (NYSE:TSM) – TSMC evacuated some factories and suspended operations after a 7.4 magnitude earthquake hit Taiwan, raising concerns about the global technology supply chain. Companies like Apple (NASDAQ:AAPL) and Nvidia (NASDAQ:NVDA) are affected. Taiwan is crucial for chips but vulnerable to natural disasters and geopolitical tensions. TSMC shares are down 0.9%…
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Walgreens Slashes Annual Profit Forecast; MillerKnoll Nosedives 17% on Bleak 4Q Outlook, and Latest News
JPMorgan Chase (NYSE:JPM) – JPMorgan Chase is looking to expand its wealth management and attract more investors by introducing the Wealth Plan tool to its 54 million Chase retail clients. This tool has recently seen about 10 million active users. The bank has also named Rita Chan and Alan Ho as the new senior co-heads…
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GameStop Shares Tumble 20% in Pre-Market Trading Amid Revenue Decline, Direct Digital Plummets 42%, and More News
GameStop (NYSE:GME) – GameStop reported $1.79 billion in revenue for the fourth quarter, which is less than the $2.23 billion earned in the same quarter of the previous year. However, the company announced an adjusted earnings per share of 22 cents, compared to the previous year’s 16 cents per share. Shares of the video game…
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Intel Loses Pentagon Funding, Shell Plans 20% Business Team Reduction, and Latest News
Intel (NASDAQ:INTC) – The Pentagon has decided not to proceed with a plan to allocate up to $2.5 billion in chip subsidies to Intel, shifting the responsibility to another federal agency, the Department of Commerce, to cover the shortfall. This change could impact the total funding Intel expects to receive, generating controversy over the use…
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Airship AI skyrockets with DOJ contract; Carrier Global sells Fire Industrial division for $1.43 billion, and Latest News
Airship AI Holdings (NASDAQ:AISP) – While the tech sector fell on Tuesday’s trading session, shares of Airship AI stood out, soaring 200% after securing a contract with the U.S. Department of Justice. Based in Redmond, Washington, the company uses AI to assist clients in law enforcement and defense. President Paul Allen stated that the company…
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AMD Hits Regulatory Roadblock, GitLab’s Stock Tumbles on Disappointing Earnings, and Latest News
GitLab (NASDAQ:GTLB) – GitLab shares fell 23% in Tuesday’s pre-market after releasing quarterly results. The net loss in the fourth quarter was $37.6 million, or 23 cents per share, with adjusted earnings of 15 cents per share. Revenue increased to $163.8 million. The adjusted earnings projections for the full year were below analysts’ expectations. Advanced…
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Goldman Sachs Reconsiders Fed Cuts, LUNR Surges Over 40% in Pre-Market, and More
Intuitive Machines (NASDAQ:LUNR) – Intuitive Machines made history on Thursday when its Odysseus spacecraft became the first commercial probe to successfully land on the moon. The mission, carrying NASA instruments, landed at the lunar south pole, marking a significant milestone in commercial space exploration and collaboration with the US space agency. Shares are up 47.58%…
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Barclays Surges with Cost Reductions and Billion-Dollar Shareholder Returns, Capital One Eyes Discover Acquisition, and More
Barclays Plc (NYSE:BCS) – Barclays’ shares jumped after announcing a major cost-cutting campaign and returning £10 billion to shareholders. The bank will reorganize operations and review management positions. Plans include expansion and cost reduction to increase profitability and return on equity. Shares are up 7% in Tuesday’s pre-market. Capital One (NYSE:COF) – Warren Buffett-backed Capital…