The world takes notice whenever tech giant and iPhone maker Apple does anything. CEO Tim Cook famously said that Apple doesn’t emphasize being the first to do something because being the best is far more important. Knowing this, the company’s announced partnership with Buy Now, Pay Later company Affirm (NASDAQ: AFRM) to offer loans through […]
Tag: blockbuster
The Best AI Stock to Buy After Blockbuster Q2 Results?
We recently published a list of 10 Biggest AI Stories and Ratings Updates You Should Not Miss This Week. Since Adobe Inc (NYSE:ADBE) ranks 8th on the list, it deserves a deeper look. The Federal Reserve now expects just one rate cut in this year, and the market’s reaction to this development has been calmer-than-expected, […]
inside the EU’s blockbuster Chinese EV probe
It was just before lunchtime in Brussels, but the working day was creeping towards its end in Beijing, when phones pinged and screens flashed with the numbers that have threatened to upend China’s ties with Europe. Car companies, lawyers, business groups and journalists all received the news at once. After seven months of speculation: 17.4 […]
2 Top Artificial Intelligence (AI) Stocks to Buy Following Nvidia’s Blockbuster Earnings
Artificial intelligence (AI) pioneer Nvidia delivered an outstanding quarterly report that crushed Wall Street’s expectations, sending shares of the chipmaker soaring as it became clear that AI is going to remain a big growth driver for the company. However, Nvidia wasn’t the only semiconductor stock that benefited from its impressive showing. Shares of Advanced Micro […]
Super Micro Computer Stock Fell Today Despite Nvidia’s Blockbuster Quarter — Is This a Buying Opportunity?
Super Micro Computer (NASDAQ: SMCI) stock fell in Thursday’s trading. The server specialist’s share price closed out the daily session down 3%, according to data from S&P Global Market Intelligence. The stock had been up as much as 11.3% early in the day’s trading. While there wasn’t any business-specific news powering Supermicro’s initial gains today, […]
This data-center stock has beaten Nvidia by 310% since last year’s blockbuster earnings
SOPA Images/Getty Images AI investment is about more than just GPUs. Power companies have also dominated, Bank of America says. The firm notes that Vertiv, which makes power and cooling equipment for data centers, has beaten Nvidia by 315% over the past year. The performance represents a broadening-out of the AI trade to include utility, […]
The Irish video game studio co-developing blockbuster releases
In 2016 Black Shamrock opened with just five people working in a small office. Eight years later, they are 150 people strong in a two-floor office space in the heart of Dublin city centre. It has been quite the journey for an Irish video game studio which was founded by French developer Olivier Masclef. They […]
Toyota sees blockbuster Q4, but bumpy road ahead
STORY: Toyota enjoyed a blockbuster fourth-quarter, but sees a bumpy road ahead. On Wednesday, the Japanese automaker forecast a 20% profit decline in the current financial year. It cited looming investment in both its suppliers and strategy for the projected drop-off. Despite that, Wednesday’s results smashed market expectations. Operating profit surged 78% in the January-March […]
Toyota posts blockbuster Q4 earnings, forecasts 20% drop in FY profit as investment weighs
TOKYO (Reuters) — Toyota Motor forecast a 20% profit decline in the current financial year on Wednesday, citing looming investment in both its suppliers and strategy after it delivered blockbuster fourth-quarter earnings. Despite the leaner forecast, the results from the world’s top-selling automaker smashed market expectations. Operating profit surged 78% in the January-March quarter. For […]
Vertex Stock Sparks As Debate Rages Over Potential Blockbuster Pain Drug
Vertex stock advanced Tuesday as analysts debated the company’s pain drug, VX-548, with one saying it could eventually be worth up to $11.4 billion in sales. X The renewed pain drug debate follows Vertex Pharmaceuticals‘ (VRTX) first quarter report. The company beat forecasts and kept its outlook for the year. Vertex also noted it has […]
Move Over, Mounjaro. Eli Lilly Has Another Blockbuster in the Making
The pharmaceutical industry is currently experiencing something of a renaissance thanks to the rise of blockbuster medications called glucagon-like peptide-1 (GLP-1) agonists. Perhaps the most well-known GLP-1 drugs are diabetes medication Ozempic and obesity care treatment Wegovy. Danish pharmaceutical giant Novo Nordisk is the maker of both. However, Eli Lilly (NYSE: LLY) is making a […]
Tencent Shares Climb Most in Months as Blockbuster Debuts Early
(Bloomberg) — Tencent Holdings Ltd. shares staged their biggest rally since December after China’s biggest internet firm nailed down an earlier-than-anticipated debut of one of the year’s most eagerly-awaited mobile games. Most Read from Bloomberg Tencent set a May 21 start date for Nexon Co.’s Dungeon & Fighter Mobile for China — a marquee title […]