Seeking catalyst driven opportunity
Key Points AMD’s Instinct MI455X is specified at 432 gigabytes of HBM4 memory per chip, up 50% from the 288 gigabytes of HBM3E on the MI355X. CEO Lisa Su said Helios, the rack system built on the new chips, is in production, with initial shipments …
Listen to the audio version of this article (generated by AI). On August 7, 1974, a 24-year-old French high-wire artist named Philippe Petit was preparing to do something no one had ever done before. Shortly after 7 a.m., Petit stepped onto the roof of the …
Key Points Second-quarter adjusted earnings per share and revenue grew 120% and 106% year over year, respectively. Nvidia also repurchased $26 billion of its own stock in the quarter. CEO Jensen Huang believes artificial intelligence has hit an ‘inflection point.’ 10 stocks we like better …
Key Points Constellation Energy reported a 33% year-over-year increase in adjusted operating earnings and raised its full-year guidance. Its acquisition of Calpine added significant power generation capacity and boosted earnings. The company secured major power purchase agreements with major companies and added to its agreements …
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco QQQ Trust (Symbol: QQQ) where we have detected an approximate $4.3 billion dollar inflow — that’s a 0.9% increase week over week in outstanding …
Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrencymarket news Here’s a quick recap of the crypto landscape for Wednesday (August 26) as of 10:00 a.m. UTC. Bitcoin price update Bitcoin (BTC) was priced at US$78,423.32, down by …
General Motors Company GM has introduced a plan to secure up to $4.5 billion worth of critical automotive parts to protect its production operations from potential supply disruptions stemming from extreme weather, natural disasters, cyberattacks and other unforeseen events. Under an agreement, Procura Auto Parts …
Key Points It fell well short of analyst profitability estimates, although its revenue was essentially in line. Investors clearly chose to focus on the positive developments in the quarter, particularly the company’s leap in revenue from next-generation tech offerings. 10 stocks we like better than …
Key Points Tesla continues to make up the majority of the United States’ electric vehicle sales. The nation’s total EV sales, however, are quickly deteriorating, and Tesla’s no exception. The company’s already small market share in overseas markets continues to shrink. These 10 stocks could …
Key Points The Dow rose 0.24% while the S&P 500 fell 0.33% and the Nasdaq Composite dropped 0.61%. The makers of AI hardware fell while the hyperscalers that buy it, including Alphabet, held up. Nvidia reports Wednesday alongside the Fed’s preferred inflation gauge, with Chair …