andresr/E+ via Getty Images AppLovin (NASDAQ:APP) shares tumbled 14% by the end of market trading on Monday following a report that the U.S. Securities and Exchange Commission was potentially probing the digital ad tech company over its data collection processes. The commission is looking Source link
Western Digital (WDC) closed at $125.28 in the latest trading session, marking a -4.59% move from the prior day. This change lagged the S&P 500’s 0.37% gain on the day. On the other hand, the Dow registered a loss of 0.14%, and the technology-centric Nasdaq increased by 0.71%. Shares of the maker of hard drives…
TOKYO (AP) — Asian shares were mostly higher Tuesday in quiet holiday trading, while Japan’s benchmark rose to new records on hope for more government spending and lower taxes under Japan’s first woman prime minister. U.S. futures slipped and oil prices rose. Markets in mainland China and South Korea were closed. Over the weekend, Japan’s…
Stocks in Asia look set for a positive open after Advanced Micro Devices Inc.’s blockbuster deal with OpenAI helped fuel a rally in chipmakers that sent US shares to all-time highs. The dollar rose, while the yen held its biggest drop in almost five months. Source link
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Just two weeks after its rival Nvidia struck a massive AI deal with ChatGPT owner OpenAI, AI chipmaker Advanced Micro Devices did the same. On Monday, chipmaker Advanced Micro Devices (AMD 23.61%) announced a huge artificial intelligence (AI) strategic partnership with OpenAI, the AI model developer best known for its ChatGPT chatbot. Not only did…
Aerial view by drone of Tokyo Cityscape with Tokyo Sky Tree visible in Tokyo city, Japan on sunrise. pongnathee kluaythong | Moment | Getty Images Japan’s Nikkei 225 hit a record high Tuesday for the second straight session, lifted by a tech rally on Wall Street after a massive deal between OpenAI and AMD —…
The political jolts across major economies, made no better by a U.S. government shutdown, gave investors little to cheer about, with the overall mood sombre, overshadowing enthusiasm about artificial intelligence. AMD will supply AI chips to OpenAI in a multi-year deal that would bring AMD tens of billions of dollars in annual revenue and give…
Verizon Communications (VZ) ended the recent trading session at $41.44, demonstrating a -5.11% change from the preceding day’s closing price. The stock’s performance was behind the S&P 500’s daily gain of 0.37%. Meanwhile, the Dow experienced a drop of 0.14%, and the technology-dominated Nasdaq saw an increase of 0.71%. Coming into today, shares of the…