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LG Energy Solution to Minimise Capex This Year Due to Slow EV Demand
Meta Execs Mark Zuckerberg And Susan Li Tread Lightly On Impact Of TikTok Ban Or Sale: 'It Is Just Too Early'
Meta Platforms, Inc. (NASDAQ:META) executives, including CEO Mark Zuckerberg and CFO Susan Li, were cautious in their response to a question about the potential impact of the TikTok ban or sale on the
Nvidia (NVDA.US) plans to acquire Israeli artificial intelligence software provider Run:ai
Nvidia (NVDA.US) has agreed to acquire Israeli startup Run:ai, which develops software to process artificial intelligence computing resources
Nvidia Supplier SK Hynix Reverses Losses in First Quarter on Explosive AI Demand
SK Hynix on Thursday posted a net profit of 1.92 trillion South Korean won following five consecutive quarters of net losses. SK Hynix attributed the strong performance to an "increase in the sales of AI server products backed by its leadership in AI memory technology including high-bandwidth memory" as well as efforts to drive profitability.
Can TSLA.US (TSLA.US) still “turn over”?
The Zhitong Finance App learned that Tesla (TSLA.US) has become one of the most valuable companies in the world because the company has proven that selling electric vehicles in large quantities can be profitable. But for most of 2024, investors questioned Tesla's outlook: the stock fell 35% during the year due to declining sales, confusing product strategy signals, and concerns that its aging product line could not keep up. Tesla CEO Elon Musk seems more concerned about the future of autonomous robot taxis rather than developing a cheaper electric car to compete head-on with competitors. Exhaust
Meta Platforms, Snap, Amazon, IBM, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Wednesday saw a varied performance across major U.S. indices. The Dow Jones Industrial Average dipped slightly by 0.1% to reach 38,460.92, while the S&P 500 experienced marginal growth, edging up by 0