Rivian tops Wall Street’s second-quarter expectations amid cost cuts
Workers assemble second-generation R1 vehicles at electric auto maker Rivian's manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel ...
Tag: earnings
Why all semiconductor firms are not benefiting from the AI boom like Nvidia has
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU ...
Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on ...
DraftKings to tax winning bets in high-rate states in a bid to boost profit
Budrul Chukrut | SOPA Images | Lightrocket | Getty ImagesMobile betting powerhouse DraftKings is planning a tax on consumers in ...
Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock
Warren Buffett in Omaha, Nebraska, on May 3, 2024.David A. GroganBerkshire Hathaway's highly scrutinized cash pile could top $200 billion ...
Tech stocks wrap up steepest three-week slump in two years, led by plunge in Amazon and Intel
Signage outside the Nasdaq MarketSite in New York on March 23, 2023.Stephanie Keith | Bloomberg | Getty ImagesWith second-quarter earnings ...
Amazon shares tumble after third-quarter outlook disappoints
Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, ...
Intel’s 22% share plunge drags down global chip stocks from TSMC to Samsung
Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, ...
Apple is spending more on AI, but remains far behind its Silicon Valley peers
Apple CEO Tim Cook opens WWDC 2024 in Cupertino, California, on June 10, 2024.Source: AppleThe topic of greatest interest to ...
Stocks making the biggest moves after hours: Apple, Amazon, Intel, Snap and more
Customers are trying on and learning about Apple Vision Pro headsets at an Apple store in Shanghai, China, on July ...
