Is the bearish trend in SMCI stock over?
Yesterday, Super Micro Computer (NASDAQ: SMCI) saw its stock climb 15.8% after the company disclosed that it had deployed over 100,000 GPUs equipped with its liquid cooling solution for AI…
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FTC antitrust case against Amazon progresses as court reviews pricing allegations
Amazon’s legal challenge with the US Federal Trade Commission (FTC) over anti-competitive practices will move forward, but the court has dismissed several claims brought by individual states. US District Judge…
Hyundai gears up for $3 billion India IPO — will investors buy in at $22-$23 per share?
Hyundai Motor India is set to make its debut on the Indian stock market next week, with its initial public offering (IPO) priced between ₹1,865 and ₹1,960 per share ($22…
Customer grievances and slumping sales dull Ola Electric: is the stock worth the risk?
Since its much-anticipated IPO in August, Ola Electric has seen a steady decline in both stock price and market sentiment as the EV manufacturer, which once held a dominant share…
US payroll report fuels market optimism; Japan leads stock rally in Asia
Asian equity markets saw a strong rally on Monday, with Japan’s Nikkei 225 (.N225) leading the charge, rising 2%, as robust US labor market data boosted investor sentiment and pared…
One year of Israel-Gaza war: how much has US spent on military aid to Israel?
The US has allocated a record-breaking $17.9 billion in military aid to Israel over the past year, following the escalation of violence in Gaza, which started on October 7, 2023.…
Sensex, Nifty50 Rally at opening bell on strong global cues; ITC and NBCC surge, Titan and ONGC decline
Indian benchmark equity indices opened in the green on Monday on positive cues from the Asian markets. At the opening bell on Monday, the BSE Sensex was by 412 points,…
BP shifts gears, scales back renewables to regain investor trust: report
BP has scrapped its commitment to cut oil and gas production as CEO Murray Auchincloss shifts the focus back to traditional energy sources in response to investor demands for improved…
Starboard Value’s $1 billion move: will Pfizer see a much-needed revival?
In a bid to reshape Pfizer’s future, activist investor Starboard Value has acquired a stake worth approximately $1 billion, according to reports. The move comes as the pharmaceutical giant faces…
Is Samsung’s profit recovery stalling amid the AI boom?
Samsung Electronics is poised to announce a more than fourfold increase in quarterly profits on Tuesday, largely fueled by improving demand for memory chips. However, the pace of this recovery…