Summary: AMD is taking advantage of Nvidia's inability to meet customer demand in the AI chip market to increase its market share and grow its AI presence. This opportunity has led AMD to ramp up production of its AI GPU series 1300 processors as an alternative to Nvidia's offerings, especially for cloud providers and other tech companies.
Full articleSummary: Sha'Carri Richardson shared glimpses of new Nike sprint spikes for Paris Olympics, part of 'WinOnAir' campaign. Richardson to wear Nike Air Zoom Maxfly 2 sprint spikes at the sporting event.
Full articleSummary: Citigroup report highlights India's struggle to create jobs despite a 7% growth rate, citing a deficit of 3 to 4 million jobs annually. Challenges include inefficiencies in labor allocation and limited job creation in manufacturing sector.
Full articleSummary: A man in downtown Miami allegedly committed retail theft at a CVS, leaving behind a child in the process. The incident has raised concerns about child protection and safety.
Full articleSummary: Starbucks introduces a new secret menu item called the Caramel Cookie Macchiato which is a remixed version of the fan-favorite Caramel Macchiato.
Full articleSummary: SpiderRock Advisors LLC acquired 14,000 shares of BlackRock Enhanced Equity Dividend Trust (BDJ) during the first quarter, valued at approximately $112,000. Several other hedge funds have also increased their holdings in BDJ.
Full articleSummary: Starbucks breakfast sandwiches are not made fresh on the spot but pre-packaged and pre-heated before serving.
Full articleSummary: Cisco Systems is undergoing a transitional year to lay the foundation for stronger long-term growth. Despite the recent weak growth, there are positive indicators such as a shift towards software and services, higher profitability, and an expectation of rebounding growth in the future.
Full articleSummary: Nike releasing Air Force 1 Low 'Midnight Navy' colorway this Fall for $115.
Full articleSummary: Texas Institute for Electronics (TIE) announced its executive board of directors, comprising members with diverse expertise across semiconductor research, manufacturing, AI hardware, defense, and workforce development. The board will provide strategic guidance to TIE in advancing semiconductor technology, innovation, and workforce skills.
Full articleSummary: A FedEx truck caught fire in northwest Texas county, resulting in a total loss of the vehicle. The driver was unharmed, but residents are advised to contact sellers for lost packages.
Full articleSummary: Ashton Thomas Private Wealth LLC increased its holdings in Oracle Co. (ORCL) while other large investors also added to their stakes. Insiders at Oracle have been actively buying and selling the company's stock. Oracle announced its quarterly earnings and also disclosed a quarterly dividend.
Full articleSummary: Baillie Gifford & Co. reduced its stake in Alphabet Inc. by 21.9% in the 1st quarter. Other large investors have also made changes. Alphabet's earnings report beat estimates with $1.89 EPS. CEO and other insiders have recently sold shares of Alphabet stock.
Full articleSummary: Amazon joined the Dow Jones Industrial Average, continued strong performance as the best-performing stock in the index, AWS driving significant growth and higher quality business, but valuation is stretched thin.
Full articleSummary: Bleichmar Fonti & Auld LLP is investigating the PowerSchool Holdings, Inc. buyout by Bain Capital amid concerns of an unfair price being offered, lower than analyst price targets. Shareholders are encouraged to obtain additional information by visiting the provided link.
Full articleSummary: Nike's stock has fallen to multi-year lows after a rough earnings report, leading to doubts about its brand appeal. However, there is evidence pointing towards a strong comeback in the future.
Full articleSummary: Increased demand for hurricane supplies at Lowe's due to shoppers flooding the store.
Full articleSummary: Confirmation of a worker's death in an incident at General Dynamics' East Camden facility
Full articleSummary: FedEx is expanding sustainability efforts globally, including in the Asia-Pacific region, with a focus on reducing emissions and supporting environment-based community action.
Full articleSummary: Netnology announced the launch of their Cisco Catalyst SD-WAN integration for Dynatrace, enabling real-time monitoring and optimization of SD-WAN infrastructure. This empowers organizations to achieve superior network performance and agility, with detailed insights into key metrics.
Full articleSummary: Federal Express Corporation has signed an agreement with Luzon International Premiere Airport Development to expand and upgrade its gateway in Clark, Pampanga, in order to offer enhanced capabilities for local businesses and support growing demand for e-commerce and freight shipments across Asia Pacific region.
Full articleSummary: Obsidian Entertainment cancelled the co-op mode for Avowed very early in development due to big technical and creative investments that would shift focus away from the core singleplayer experience focused on reactive and emergent interactive storytelling.
Full articleSummary: Stocks like (^DJI, ^IXIC, ^GSPC) are looking reinvigorated at the end of July's first trading week. Meme stock trade sustainability is questioned. Federal Reserve's interpretation of June's jobs data is discussed. Boeing (BA) is possibly facing fraud charges. Big Lots (BIG) plans to close more US store locations. Bitcoin takes a hit as Mt. Gox starts repaying customers. Markets are showing mixed reactions with NASDAQ leading the way.
Full articleSummary: Aaron Rai is tied for the lead after Round 2 of the John Deere Classic, looking for his first PGA Tour win.
Full articleSummary: Sheffield Wednesday signs Bournemouth striker Jamal Lowe as a free agent.
Full articleSummary: Lockheed Martin secures a $4.5 billion multi-year contract for its air defence Patriot Missiles system, with a focus on supporting Ukraine against Russia's invasion.
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