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Published on Dec 11, 2024

Nvidia dealt blow as top court opens door for shareholder suit

The US Supreme Court dismissed an appeal by Nvidia, leaving it to face a lawsuit that accuses the company of misleading shareholders about its reliance on crypto-mining revenue in the run-up to a market crash. The dismissal came four weeks after several …

Source: The Economic Times - Center-right
Published on Dec 10, 2024

China Market Update: Investors Demand Policy Action As Nvidia Becomes Front Page News In China

CLNKraneShares Key News Asian equities were mixed overnight as South Korea bounced after yesterday’s 52-week low. US-listed China ADRs and ETFs had a very strong day yesterday following Politburo’s very strongly worded release, including “proactive fiscal …

Source: Forbes - Neutral
Published on Dec 11, 2024

Is Marvell Technology Chipping Away at NVIDIA’s Market Lead?

There’s no disputing the dominance of NVIDIA (NASDAQ:NVDA) driving the AI revolution for now and the foreseeable future as they make even faster advances with their chips. However, having a 12-month backlog on its next-generation architecture Blackwell …

Source: Investing - Neutral
Published on Dec 11, 2024

Nvidia antitrust investigation legal and justified

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. [Photo/Agencies] No one should question China's resolve to continue to promote high-quality opening-up through the rule of law. …

Source: China Daily Global - Gov't Propaganda
Published on Dec 10, 2024

Broadcom Shares Slide as Nvidia’s Woes Drag Semiconductor Stocks Lower: Retail Bets on Strong Earnings

First Published Dec 11, 2024, 1:20 AM IST | Last Updated Dec 11, 2024, 1:20 AM IST Broadcom’s shares fell as much as 4% in mid-day trading Tuesday, extending losses in the broader semiconductor sector. The decline comes despite Citigroup raising its price …

Source: Asianet Newsable - Label Pending
Published on Dec 10, 2024

Applied Optoelectronics Stock Slides To 4-Week Low After Downgrade, Flagging Revenue Risk: Retail Bearish

B. Riley cited concerns over future revenue given falling demand for Applied Optoelectronics’ 400 Gigabit Ethernet and the lack of a green light to proceed with the upgraded 800G technology. First Published Dec 11, 2024, 2:53 AM IST | Last Updated Dec 11, …

Source: Asianet Newsable - Label Pending
Published on Dec 10, 2024

Nvidia could face massive $1 billion fine over antitrust violations in China — Nvidia's Mellanox acquisition is in ...

Nvidia is at the center of an antitrust investigation launched by China’s State Administration for Market Regulation (SAMR). According to a report, the investigation revisits Nvidia’s 2019 acquisition of Mellanox Technologies, approved by Beijing in 2020 …

Source: Tom's Hardware - Neutral
Published on Dec 10, 2024

TSMC Stock Slips As Monthly Revenue Declines Despite 34% Annual Jump: Retail Chatter Soars

Retail sentiment on Stocktwits has improved the ‘extremely bullish’ with users taking TSMC’s numbers as a signal of sustained AI-driven growth for the chip-maker. First Published Dec 10, 2024, 8:37 PM IST | Last Updated Dec 10, 2024, 8:37 PM IST U.S.- …

Source: Asianet Newsable - Label Pending
Published on Dec 10, 2024

China Probe Spooks Nvidia Investors. Time to Buy?

Investing wellesenterprises / iStock Nvidia (NASDAQ:NVDA) stock is down almost 10% since hitting $153 a share last month. Most recently the stock dropped some 2.6% after China announced its was investigating the artificial intelligence chipmaker for …

Source: 24/7 Wall St. - Neutral
Published on Dec 10, 2024

China probes Nvidia for alleged monopoly

BEIJING — China on Monday launched an investigation into US chip giant Nvidia for allegedly violating its anti-monopoly laws, a top government agency said, as the two countries race for global chipmaking dominance. Beijing's state administration for …

Source: The Manila Times - Uncategorized
Published on Dec 10, 2024

Oracle shares slide on earnings and revenue miss, disappointing forecast

Oracle Chair and Chief Technology Officer Larry Ellison speaks at the Oracle OpenWorld conference in San Francisco on Sept. 16, 2019. Justin Sullivan | Getty Images News | Getty Images Oracle shares slid 7% in extended trading on Monday after the database …

Source: CNBC - Neutral
Published on Dec 10, 2024

4 Brilliant Growth Stocks to Buy Now and Hold for the Long Term -- Including Nvidia

Over many decades, the stock market has averaged annual returns of close to 10%. That's pretty good! (Of course, over shorter periods, it can average much more -- or less.) It makes good sense for most investors to park much, if not most, of their …

Source: Yahoo Finance - Label Pending
Published on Dec 10, 2024

Bank of America lowers AMD stock rating, citing Nvidia AI dominance and declining PC demand

What just happened? AMD has spent most of this year taking advantage of Intel's struggles, but Team Red was dealt a blow yesterday when Bank of America downgraded its stock from Buy to Neutral. BofA Securities cited risks including competition in an AI …

Source: TechSpot - Neutral
Published on Dec 10, 2024

China Investigates NVIDIA for Allegedly Breaking Monopoly Law

The Chinese government is investigating U.S. chipmaker NVIDIA for allegedly violating its anti-monopoly law by acquiring interconnect provider Mellanox. On Monday, the State Administration for Market Regulation made a statement via China Central Television …

Source: TechRepublic - Neutral
Published on Dec 10, 2024

Analyst flags risks of China’s probe into Nvidia stock

Nvidia (NASDAQ: NVDA) closed on December 10 at $138.81, down 2.55%, and is slipping further in pre-market trading on December 11, down 0.89% to $137.57, at the time of publication. While Nvidia remains in the upper part of its 52-week range, it continues …

Source: Finbold - Label Pending
Published on Dec 10, 2024

Taiwan Semi November Revenue Ups 34% Strengthened by AI and Smartphone Demand

Taiwan Semiconductor Manufacturing Co TSM reported a topline growth of 34% year-on-year to $8.55 billion in November 2024. Revenue for January through November 2024 grew by 31.8% year over year to $81.05 billion, testimony to the continued artificial …

Source: Benzinga - Neutral
Published on Dec 10, 2024

China Launches Antitrust Investigation into Nvidia Over Mellanox Acquisition

China has initiated an antitrust investigation into Nvidia, focusing on potential violations of anti-monopoly laws linked to the company’s 2020 acquisition of Mellanox Technologies, an Israeli chipmaker. The $7 billion deal was initially approved by …

Source: PhoneWorld - Neutral
Published on Dec 10, 2024

Nvidia-Backed Firm Shakes Up Cloud Market, Plans 2025 IPO

CoreWeave, the cloud computing services startup backed by Nvidia (NVDA) and private equity firms, could finally be the generative artificial intelligence startup that goes public with a bang. The company recently turned to top Wall Street bankers as it …

Source: Investor's Business Daily - Neutral
Published on Dec 10, 2024

Nvidia: Does China Investigation Change Outlook?

NVIDIA (NASDAQ:NVDA) stock price dived after reports that China is investigating it for violations of its anti-monopoly laws. The move could impact NVIDIA’s business; China accounts for about 15% of the annual revenue, but how far is China willing to go? …

Source: Investing - Neutral

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Published on December 12, 2024 - 16:46 GMT

Symbotic (SYM) Restates Financial Results Amid Securities Class Action Over Improper Accounting – Hagens Berman

SAN FRANCISCO, Dec. 12, 2024 (GLOBE NEWSWIRE) -- On December 4, 2024, automation technology company Symbotic Inc. (NASDAQ: SYM) filed restated financial statements for the quarters ended December 30, 2023, March 30, 2024, and June 30, 2024 (the “ …

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Published on December 12, 2024 - 13:30 GMT

Live Ventures Reports Fiscal Year 2024 Financial Results

LAS VEGAS, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Live Ventures Incorporated (Nasdaq: LIVE) (“Live Ventures” or the “Company”), a diversified holding company, today announced financial results for its fiscal year ended September 30, 2024. Fiscal Year 2024 Key …

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Published on December 12, 2024 - 13:30 GMT

PennantPark Floating Rate Capital Ltd. Announces Upsize of Joint Venture

Joint Venture to Continue to Target the Attractive Core Middle Market Joint Venture Is Generating Strong Returns MIAMI, Dec. 12, 2024 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (“PFLT”) (NYSE: PFLT) today announced it has agreed to expand …

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Published on December 12, 2024 - 13:00 GMT

PS International Group Ltd. Announces First Half 2024 Unaudited Financial Results

HONG KONG, Dec. 12, 2024 (GLOBE NEWSWIRE) -- PS International Group Ltd.(NASDAQ: PSIG) (“PSIG” or the “Company”), a long-established global logistics service provider headquartered in Hong Kong specializes in cross-border air freight services, today …

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Published on December 12, 2024 - 13:00 GMT

Music Licensing, Inc. (OTC: SONG) Q3 2024 Financial Results and Strategic Realignment Announced

Naples, FL, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Music Licensing, Inc. (OTC: SONG) today reported its financial results for the quarter ended September 30, 2024, and provided insights into its strategic evolution aimed at delivering sustainable shareholder …

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Published on December 12, 2024 - 12:00 GMT

The Lovesac Company Reports Third Quarter Fiscal 2025 Financial Results

STAMFORD, Conn., Dec. 12, 2024 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”), the home furnishing brand best known for its Sactionals, The World's Most Adaptable Couch, today announced financial results for the …

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Published on December 12, 2024 - 11:55 GMT

Liquidity Services Announces Fourth Quarter Fiscal Year 2024 Financial Results

BETHESDA, Md., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Liquidity Services (NASDAQ:LQDT; www.liquidityservices.com), a leading global commerce company powering the circular economy, today announced its financial results for the quarter ended September 30, 2024, …

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Published on December 12, 2024 - 11:00 GMT

Texas Mineral Signs Non-Binding Letter of Intent to Explore the Possibility of Forming Joint Venture to Develop and ...

SIERRA BLANCA, Tex., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Texas Mineral Resources Corp. (OTCQB: TMRC) TMRC would serve as the managing partner of the joint venture. Joint venture assets consist of two permitted mines, a permitted millsite and the Carlisle …

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Published on December 12, 2024 - 18:19 GMT

Transforming Construction: The Build Safe Connection Comes to Boston

BOSTON, MA, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- The construction industry is set to witness a transformative milestone as the Build Safe Connection (BSC) takes center stage in Boston. This prestigious event, spearheaded by …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on December 12, 2024 - 18:09 GMT

Omaha Computing Solutions Announces New Small Business IT Infrastructure Initiatives

Clients transform their business with Omaha's affordable IT solutions, enhancing productivity and security. OMAHA, NE, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- As part of their new small business IT infrastructure initiatives, …

Distribution channels: Agriculture, Farming & Forestry Industry, Amusement, Gaming & Casino ...
Published on December 12, 2024 - 18:09 GMT

Startup de enoturismo y una nueva vinoteca de Buenos Aires se asocian para recaudar fondos y crowdfunding conjuntamente

Los directores de Wines of Charleston y Con Altura (un vinoteca en Argentina) recaudarán fondos para la inversión mediante una gira promocional por Sudamérica. BUENOS AIRES, BUENOS AIRES, ARGENTINA, December 12, 2024 /⁨EINPresswire.com⁩/ -- …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on December 12, 2024 - 18:02 GMT

Navigating Senior Living CRM Choices: A Balanced Approach to Innovation and Value

Navigating Senior Living CRM Choices: A Balanced Approach to Innovation and Value FORT MYERS, FL, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- In the fast-paced senior living industry, choosing the right Customer Relationship …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on December 12, 2024 - 18:00 GMT

Honeygain Makes Its First Appearance at Comic Con Argentina 2024

Breaking through the digital barrier: Honeygain makes its offline debut at Comic Con Argentina. SAN FRANCISCO, CA, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Honeygain, the innovative app that allows users to earn passive income by …

Distribution channels: Amusement, Gaming & Casino, Companies ...
Published on December 12, 2024 - 17:55 GMT

Jeff Turk Returns to Guide Formaspace’s Next Chapter

Jeff Turk assumes operational responsibilities at Formaspace, reaffirming the company’s dedication to innovation and client success across industries. AUSTIN, TX, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Formaspace, a leading …

Distribution channels: Business & Economy, Companies ...
Published on December 12, 2024 - 17:50 GMT

PureForge, AtomicForged Brakes Go Racing

Longest-lasting brakes on the circuit PONTIAC, MI, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Pure Forge brakes recently tested at the M1 Concourse American Festival of Speed (AFS), and their AtomicForged Brakes matched or exceeded …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on December 12, 2024 - 17:00 GMT

With the Rise of Truck Accidents, Belal Hamideh Law Supports Those Who've Suffered Injuries

Truck Accident Attorney Belal Hamideh Examines Recent Study of Truck Crash Causation While Representing Victims LONG BEACH, CA, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Belal Hamideh, a trucking accidents lawyer serving California, …

Distribution channels: Automotive Industry, Building & Construction Industry ...
Published on December 12, 2024 - 16:02 GMT

Senior Living CRMs: Striking the Right Balance Between Innovation and Budget

Senior Living CRMs: Striking the Right Balance Between Innovation and Budget BONITA SPRINGS, FL, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Senior Living Communities Gain the Competitive Edge with Superior Features and Pricing As …

Distribution channels: Banking, Finance & Investment Industry, Companies ...
Published on December 12, 2024 - 15:55 GMT

KomodoSec Streamlines FDA Approval for Medical Devices with Advanced Cybersecurity

KomodoSec's cybersecurity expertise secures FDA 510(k) clearance for life-support devices, enhancing patient safety. NEW CASTLE, DE, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- KomodoSec Elevates Medical Device Cybersecurity, …

Distribution channels: Banking, Finance & Investment Industry, Beauty & Hair Care ...
Published on December 12, 2024 - 15:48 GMT

Tobias Leadership Center Partners with Leadership Story Lab for Transformative Retreat

Leadership storytelling is key focus at leadership retreat for Fellows from across industries including education, government, nonprofit and for profit. BLOOMINGTON, IN, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Tobias Leadership …

Distribution channels: Business & Economy, Companies ...
Published on December 12, 2024 - 15:43 GMT

The Autonomous Driving SoC Market Size Reach USD 100.1 Billion by 2033 Registering 10.6% CAGR

The market growth is driven by advancements in artificial intelligence and machine learning technologies, enhancing the capabilities of self-driving vehicles. WILMINGTON, DE, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- According to …

Distribution channels: Automotive Industry, Companies ...
Published on December 12, 2024 - 15:40 GMT

SECURITY ADVISORY: Assetnote Releases Verification Method for Citrix NetScaler RDP Proxy Vulnerability

BRISBANE, AUSTRALIA, December 12, 2024 /⁨EINPresswire.com⁩/ -- Assetnote, today, released proof-of-concept code that enables security teams to verify if their Citrix NetScaler instances are vulnerable to CVE-2024-8534, a critical RDP Proxy memory …

Distribution channels: Business & Economy, Companies ...
Published on December 12, 2024 - 15:27 GMT

Sureserve Selects Creatio to Elevate Service Delivery for its Residents

Creatio's no-code platform helps Sureserve, a UK provider of compliance and energy services, streamline resident engagement with composable functionality and AI BOSTON, MA, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Creatio, a …

Distribution channels: Companies, Energy Industry ...
Published on December 12, 2024 - 15:25 GMT

Summit BHC Announces the Upcoming Opening of Northern Path Recovery Center

FRANKLIN, TN, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Summit BHC (“Summit”), a leading provider of high-quality, evidence-based behavioral health and addiction treatment services, is pleased to announce the upcoming opening of …

Distribution channels: Business & Economy, Companies ...
Published on December 12, 2024 - 15:24 GMT

Better Days Treatment Center Launches Luxury Rehab Facilities for Addiction Treatment in California

Anaheim, California – Better Days Treatment Center, one of the most renowned rehab and detox facilities in Anaheim, is excited to announce its beautiful luxury rehab facilities that provide tailored treatment programs in California for individuals …

Distribution channels: Business & Economy, Companies ...
Published on December 12, 2024 - 15:18 GMT

Creatio Partners with Meritus USA to Further Revolutionize Business Automation and CRM with Artificial Intelligence

The new partnership aims to empower more businesses in the US with innovative, no-code CRM and AI-driven solutions BOSTON, MA, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Creatio, a global vendor of a no-code platform to automate …

Distribution channels: Companies, IT Industry ...
Published on December 12, 2024 - 15:15 GMT

Rucoba & Maya Construction, LLC Recognized as 2024 Hispanic Business of the Year by the City of Austin

Texas DBE is recognized for excellence in concrete services and infrastructure projects AUSTIN, TX, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- Rucoba & Maya Construction, LLC, a dynamic and rapidly growing construction company …

Distribution channels: Building & Construction Industry, Business & Economy ...
Published on December 12, 2024 - 15:13 GMT

Pixid Group announces the acquisition of theMatchBox, with the support of Keensight Capital

PARIS, FRANCE, December 12, 2024 /⁨EINPresswire.com⁩/ -- Pixid Group (“Pixid”), the leading global provider of temporary workforce management software solutions, today announces the acquisition of theMatchBox, an Artificial Intelligence (“AI”) …

Distribution channels: Business & Economy, Companies ...
Published on December 12, 2024 - 15:00 GMT

Phoenix Orthodontist Discusses the Potential Health Benefits of Invisalign®

Dr. Chris Murphy of Murphy Orthodontics highlights multiple health advantages possible with the popular orthodontic treatment, Invisalign®. PHOENIX, AZ, UNITED STATES, December 12, 2024 /⁨EINPresswire.com⁩/ -- One of the most well-known benefits …

Distribution channels: Beauty & Hair Care, Companies ...