AI chip company GSI Technology continues rally after launching new products
Shares of chip maker GSI Technology Inc., an increasingly popular artificial-intelligence play, climbed 9.5% Wednesday — continuing a rally fueled
Reddit’s story hinges on ‘promises we’ve heard too many times,’ a new bear says
A Bernstein analyst questions whether Reddit will be able to succeed where other small social-media players have struggled. Source link
Sinclair’s Diamond Sports extends distribution deal with Charter Communications
Sinclair-owned Diamond Sports Group extended its distribution deal with Charter Communications, giving Spectrum customers access to the company’s regional sports
TSMC says critical chip-making equipment intact after Taiwan earthquake
TSMC said it was evaluating the impact of the earthquake on its operations. Source link
Levi’s jeans demand is ‘stabilizing,’ execs say. Is ‘Levii’s Jeans’ by Beyoncé helping?
Shares of Levi Strauss & Co. rallied after hours on Wednesday after the jeans maker bumped its full-year profit forecast
Spotify shares rise 8% after report of additional price hikes
Shares of Spotify Technology climbed on Wednesday following a report that the company plans to raise prices further in several
Paramount stock jumps 15% on reports of exclusive merger talks with Skydance
Paramount Global’s stock surged Wednesday after reports that the company has entered into exclusive merger talks with Skydance Media. Source
Fisker withdraws financial guidance as talks to save itself continue
Fisker Inc. said late Wednesday it was withdrawing its financial guidance for 2024 as the embattled EV maker continues to
Greenlight’s David Einhorn pitches ‘boring essential-chemicals business’ Solvay
True to form, David Einhorn delivered another value-stock pick at this year’s Sohn Investment Conference on Wednesday. Source link
Hycroft Mining shares are now higher than investor AMC’s after skyrocketing this week
Shares of Hycroft Mining Holding Corp. are now trading higher than shares of cinema chain AMC Entertainment Holdings Inc., which stunned