#nyse

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, is expected to report a significant 40% increase in its third-quarter profit, driven by strong demand for AI chips. TSMC, a key supplier to tech giants such as Apple, Nvidia, and AMD, is forecasted to achieve...

Advanced Micro Devices, Inc. (AMD) has officially entered mass production for its MI325X AI chip, marking a significant milestone in its AI ambitions. In a forward-looking move, AMD is also preparing the next-generation MI350 series, slated for release in 2025. These developments come amid a...

NYSE and Nasdaq Open, Bond Market Closed Despite the federal holiday (Columbus Day), the New York Stock Exchange and Nasdaq will operate normally, while the bond market and government offices remain closed. US Stock Futures Steady After Last Week’s Rally Stock futures show little movement as...

This week, several key financial, tech, and health-care companies will report their quarterly earnings, including Goldman Sachs, Morgan Stanley, Citigroup, UnitedHealth Group, Johnson & Johnson, and Netflix. Investors will also monitor retail sales, housing starts, building permits, and...

BlackRock, Inc. (NYSE), the world’s largest asset manager, reported stellar third-quarter 2024 earnings that outpaced market expectations. The company demonstrated robust growth across multiple financial metrics, reinforcing its leadership position in the investment management industry...

On October 10, 2024, Advanced Micro Devices (AMD) unveiled its latest Ryzen AI PRO 300 Series processors, built to revolutionize business computing through unprecedented AI processing capabilities and industry-leading performance. The new processors, featuring AMD's “Zen 5” architecture and...

Nvidia’s stock (NVDA) surged by 1.6% on Thursday, closing at $134.81, just shy of its all-time high of $135.58 achieved in June. The stock’s rise has been driven by a powerful wave of optimism surrounding artificial intelligence (AI), with Nvidia firmly positioned as a leader in AI chip...

Cadence Capital reported a full-year profit of $21.6 million, with a 10.4% increase in fund performance. A final dividend of $0.03 per share was declared, bringing the annual dividend to $0.06 per share, resulting in an annualized yield of 8.6% and a grossed-up yield of 12.2%. Positive...

WeightWatchers announced its plan to offer a compounded version of Novo Nordisk's weight-loss drug, Wegovy, as part of its weight-management programs. This announcement led to a nearly 47% surge in WeightWatchers' stock price, marking its highest closing in over two months. The decision comes...

Overview: Walmart Inc. is a leading global retailer headquartered in Bentonville, Arkansas. Founded in 1962, Walmart operates a chain of hypermarkets, discount department stores, and grocery stores. The company focuses on offering a wide range of products at low prices and provides services...

Plurilock Security Inc. has partnered with CrowdStrike to bolster the security of critical infrastructure in democratic nations. This collaboration aims to leverage the AI-native CrowdStrike Falcon cybersecurity platform to protect organizations from modern cyber threats. Key Highlights...

CPI Anticipation Stock futures fell slightly as investors await the September CPI report, which is expected to show a 0.1% monthly increase. This data will guide the Federal Reserve's future decisions. Federal Reserve's Split on Rate Cut Federal Reserve officials were divided over a recent...

Amazon announced a strategic partnership that will see Apple TV+ integrated into its Prime Video platform in the United States for a subscription fee of $9.99 per month. This initiative is designed to bolster Apple's presence in the competitive streaming landscape, where it has struggled to gain...

Overview: Amentum (NYSE: AMTM) has successfully secured the Fully Integrated Lifecycle Mission Support Services II (FILMSS II) contract from NASA, with a maximum value of $256 million. This pivotal contract aims to enhance NASA's capabilities in space exploration and aeronautics through...

Stock shorting, or short selling, is an investment strategy where traders aim to profit from a decline in a stock’s price. Here’s an overview of how it works, the risks involved, and other important aspects: 1. How Short Selling Works Borrowing Shares: To short a stock, an investor borrows...

Market Performance Stocks rose on Tuesday as investors remain hopeful for a "soft landing" in the economy. The S&P 500 gained nearly 1%, the Nasdaq Composite increased about 1.5%, and the Dow Jones Industrial Average rose by 0.3%. The upcoming release of the Federal Reserve's meeting minutes...

Elon Musk has escalated his legal battle with OpenAI, portraying the situation as a "textbook tale of altruism versus greed" in his latest complaint. Musk's legal team accuses OpenAI's CEO, Sam Altman, of deliberately deceiving Musk, who has long voiced concerns about the existential threats...

Palantir Technologies' stock saw significant gains on Tuesday, leading the S&P 500, after a bullish outlook from Ark Invest, which indicated software companies could have more upside in the ongoing AI boom. Rahul Bhushan, Managing Director at Ark Invest Europe, shared insights during a CNBC...

SentinelOne, a global leader in AI-driven cybersecurity solutions, has been named the Best Managed Detection and Response (MDR) Service Provider of the Year at the prestigious Future Security Awards 2024. This accolade, presented by CPI Media Group, recognizes organizations that demonstrate...

Cloudflare, inc. (NYSE: NET), a global leader in cloud connectivity and cybersecurity, announced the acquisition of Kivera, a cutting-edge platform specializing in cloud security, data protection, and regulatory compliance. The integration of Kivera into Cloudflare's rapidly growing Cloudflare...