Tag: ecommerce

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Intel Stock Rockets on Rumors of Potential Split Amid Takeover Talks

Intel stock jumped 16% following reports that rivals Broadcom and TSMC are exploring potential deals to split the chipmaker into two.

Perplexity launches its own freemium Deep Research product

Perplexity releases Deep Research, a free AI research tool that provides detailed answers with citations. It excels in expert-level tasks and outperforms other AI models on Humanity's Last Exam.

US Stock Fragility Nears Record Highs, Flashing Caution for Market

Stock fragility, a measure of single-stock price volatility, is at its highest in 30 years, raising concerns about market vulnerability. The trend is widespread, including tech giants and other sectors, and suggests adding lower-volatility stocks to portfolios.

Tesla: Musk's OpenAI Gambit Seen as Distraction Amid Intensifying Competition

Tesla's CEO Elon Musk's bid for OpenAI raises concerns about distractions and sales impact, as analysts see increased risks and competition in the electric vehicle and autonomous driving markets.

Super Micro Shares Surge After Earnings Despite Delaying Key Filings

Super Micro Computer (SMCI) stock fluctuates after reporting delayed SEC filings and preliminary earnings that missed estimates. The company faces DOJ investigation and Nasdaq delisting risk, but has hired a new accountant and an independent review found no misconduct.

EU's Possible Responses to US Tariffs on Steel and Aluminum

The US has announced plans to impose tariffs on steel and aluminium imports and raise rates to match those of other countries. The EU, the US's largest trading partner, has threatened to "respond firmly" if it is targeted unfairly. Retaliatory tariffs, anti-coercion instruments, and regulatory action against big tech firms are possible courses of action for the EU.

Oil Edges Up From Low After Trump, Trade Roil Market Outlook

Oil rises after sliding to lowest level this year amid Trump's trade tariffs and Gaza comments

Stock Market Rebounds Despite Disappointing Tech Earnings

US stocks rose on Monday as earnings from megacaps overshadowed downbeat readings on services and tech earnings. The S&P 500 advanced 0.1%, the Dow climbed 0.3% and the Nasdaq was little changed. Treasury yields fell as new orders for US service providers hit the weakest level since June.

EU set to rule on AMD's $4.9 bln bid for ZT Systems

EU antitrust regulators to decide on AMD's $4.9 billion ZT Systems deal by March 12. The deal will strengthen AMD's AI chip portfolio to better compete with Nvidia.

Government-backed Future Fund Loses £250m as Hundreds of Loaned Companies Collapse

Taxpayer-owned Future Fund set up by Rishi Sunak loses £250m as hundreds of businesses collapse