Mercedes-Benz lowered its full-year profit margin target for the second time in less than two months. The company joins an increasing number of competitors blaming declining…
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Apple shares fell by over 3% on Monday. Analysts noted that the new iPhone 16 Pro models had shorter delivery times, indicating lower-than-expected demand. This drop…
Following a decline in U.S. after-hours trading, the shares of Nvidia fell 7% in Frankfurt on Thursday. This was due to the AI-bellwether’s quarterly predictions falling…
Shares of Trump Media & Technology Group hit record lows on Tuesday after Donald Trump returned to rival platform X. Trump Media shares fell to $21.33,…
AMD announced plans to acquire ZT Systems for $4.9 billion to expand its AI chips portfolio and compete with Nvidia. AMD plans to fund 75% of…
Texas Instruments announced Friday it will receive up to $1.6 billion from the U.S. Commerce Department for new chip facilities. The U.S. CHIPS and Science Act…
On Wednesday, Wall Street’s indexes were mixed as Alphabet fell, but moderating inflation kept hopes alive for a modest Fed rate cut. After a report, Google’s…
Apple supplier Foxconn exceeded expectations with a 6% profit rise, driven by AI server demand, affirming strong full-year growth. The world’s largest electronics maker anticipates strong…
U.S. producer prices rose less than expected in July, as service costs dropped, reinforcing hopes for an interest rate cut.The Labor Department report showed moderating inflation,…
U.S. stocks reached a two-week high Tuesday as softer producer prices fueled expectations of a September Federal Reserve rate cut.Megacap and growth stocks, led by Nvidia’s…