Tag: lifts

Boeing spacecraft carrying two astronauts lifts off on historic voyage

Editor’s note: Follow CNN’s live updates of Boeing’s Starliner mission. The third attempt was the charm for Boeing’s Starliner mission after launching its first crewed flight test Wednesday in a milestone that has been a decade in the making. The new spacecraft’s highly anticipated voyage with humans on board lifted off atop an Atlas V […]

BofA lifts price target on new AI chip announcement

Shares of Nvidia (NVDA) are soaring on Monday following the company’s announcement of new AI chips, sparking optimism among investors and analysts. In a bullish move, Bank of America analysts have raised their price target on the chipmaker to $1,500, up from the previous target of $1,320. Yahoo Finance’s Seana Smith and Madison Mills break […]

China’s Chang-e 6 mission lifts off from far side of moon

June 4 (UPI) — China’s space agency said its Chang-e 6 mission lifted off from the far side of the moon on Tuesday, as it begins its journey transporting samples and moon rocks back to Earth. The probe’s ascender lifted off from the moon’s surface at 7:38 a.m., Beijing time, according to China’s National Space […]

China’s Chang’e-6 probe lifts off from far side of moon

By Liz Lee and Eduardo Baptista BEIJING (Reuters) -China’s Chang’e-6 probe has lifted off from the far side of the moon, starting its journey back towards Earth, state media Xinhua announced on Tuesday. The probe’s successful departure from the moon means China is closer to becoming the first country to return samples from the far […]

M&A Chatter Lifts These 3 Stocks In Early Trade. Skydance And Paramount Deal In Focus.

Merger and acquisition news sent several stocks, including media company Paramount Global (PARA), higher early Monday. Meanwhile, a medical-waste-disposal company was positioned for a possible breakout on acquisition reports. X Paramount stock bolted more than 6% higher during premarket action on Monday following reports Hollywood studio Skydance is looking to buy a number of nonvoting […]

Shanghai lifts home-buying curbs to boost property sector

The crisis in China’s vast property sector has been a major drag on the country’s economy (Hector RETAMAL) Shanghai has relaxed rules on buying property in the city, as local governments across China aim to ease an agonising real estate crisis that is dragging on the economy. Many cities imposed restrictions and tough credit requirements […]

Nvidia Earnings Lifts US Futures, Asian Chipmakers: Markets Wrap

(Bloomberg) — US equity futures rallied following upbeat earnings from Nvidia Corp. released after the New York close, which reinforced optimism for the global artificial-intelligence boom. Most Read from Bloomberg The chipmaker said second-quarter revenue will be about $28 billion, beating analysts’ estimates. The company also announced a 10-for-1 stock split and boosted its quarterly […]

Nvidia’s strong forecast lifts shares of AI chipmakers

By Caroline Valetkevitch NEW YORK (Reuters) – A stronger-than-expected revenue forecast from Nvidia after the bell on Wednesday lifted shares of the artificial-intelligence chipmaker and fueled gains in other chip and technology stocks. Shares of Nvidia were last up 3.5% while Advanced Micro Devices was up 1.2% and Broadcom was up 0.8% in after-hours trading. […]

Micron lifts 2024 capex forecast on rising investment in AI-related chips

(Reuters) – Micron Technology on Tuesday slightly raised its capital expenditure forecast for 2024, as the U.S. chipmaker invests heavily to make high bandwidth memory (HBM) semiconductors to meet surging demand from the AI industry. WHY IT’S IMPORTANT Boise, Idaho-based Micron is one of the three large providers of HBM chips, an essential part of […]