China's smartphone shipments fell 4.3% to 66 million units in the second quarter from a year earlier, as many manufacturers hiked prices to reflect rising memory and component costs, research firm IDC said on Tuesday. It was the fifth straight quarterly decline, and first-half shipments were down 4.2% from a year earlier. Huawei Technologies and Apple were the only vendors to post growth in the quarter, with shipments up 19.4% and 24.4%, respectively.
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The revamped Search in Windows 11 prioritizes on-device information and files and does away with distracting recommendations and ads.
Korea's SK Hynix leveraged ETF has fallen 45% since May, and regulators regret approving the high-risk funds.
VfL Wolfsburg, the German soccer team that operates as a wholly owned subsidiary of carmaker Volkswagen, was relegated from the Bundesliga in May for the first time since being promoted to the country’s top-flight competition in 1997. On Monday, CEO Oliver Blume told staff that struggling VW could double existing plans to axe 50,000 jobs. The resulting 100,000 cuts would make for one of the most extraordinary downsizings in corporate history, underscoring the dire nature of the once-mighty carmaker’s quandary. Sign up for The Daily Upside at no cost for premium analysis on all your favorite stocks.
Stock market investors are heading into CPI week with a familiar playbook. The hope is that inflation cools off further and the Fed stays on hold, with robust earnings taking over as the next driver of the S&P 500. For perspective, the S&P 500 recently traded near 7,575, up about 10.7% year ...
Emerson Electric (EMR) is back in focus after its Zacks Rank shifted to #4 (Sell), as earnings estimates eased and the stock fell 2.52%, underperforming the broader market in the latest session. See our latest analysis for Emerson Electric. At a share price of $135.38, Emerson Electric has seen short term share price momentum fade, with the 7 day and 30 day share price returns down 4.37% and 5.38%, respectively. In contrast, the longer term 3 year total shareholder return of 56.60% and 5 year...
A number of stocks fell in the afternoon session after investors took profits following the chip sector's strong rally in the first half of the year as Middle East tensions escalated.
Apple almost never sues, so when Tim Cook personally greenlit a complaint accusing OpenAI of stealing trade secrets and smuggling hardware prototypes out the door, Wall Street and Silicon Valley both took notice. The question now is whether the case disrupts OpenAI's IPO plans before a single share is priced.
Seagate Technology Holdings (NasdaqGS:STX) shares declined alongside a broad selloff in AI and memory chip stocks. The move followed concerns around SK hynix’s earnings outlook, which raised questions about AI demand and memory pricing. Investors are reassessing expectations for AI infrastructure growth and data center storage needs that affect Seagate’s business. Seagate Technology Holdings sits at the center of the AI and cloud storage story, so a sector-wide pullback can affect sentiment...
Analysts are brushing off the recent selloff, stating that new contracts and AI demand are strengthening Sandisk’s long-term outlook, according to reports.
The technology company needs to overcome doubts over the cost of its AI infrastructure build out ad its reliance on OpenAI.
California and 11 other states have filed an antitrust lawsuit seeking to block Paramount Skydance's planned merger with Warner Bros. Discovery. The coalition of state attorneys general argues the deal could reduce competition and harm theaters, television distributors, and audiences. The legal action introduces a new hurdle for NasdaqGS:PSKY in addition to prior regulatory reviews at the federal level. Paramount Skydance, traded as NasdaqGS:PSKY, sits at the center of a consolidating media...
Itron (ITRI) closed the most recent trading day at $83.39, moving 2.01% from the previous trading session.
In the latest trading session, Trip.com (TCOM) closed at $42.36, marking a -1.03% move from the previous day.
The latest trading day saw American Airlines (AAL) settling at $16.31, representing a -3.78% change from its previous close.
Waste Management (WM) concluded the recent trading session at $236.71, signifying a +1.45% move from its prior day's close.
The latest trading day saw Western Digital (WDC) settling at $555.55, representing a -4.64% change from its previous close.
Axon Enterprise (AXON) closed at $547 in the latest trading session, marking a -3.32% move from the prior day.
In the latest trading session, Louisiana-Pacific (LPX) closed at $72.2, marking a -1.31% move from the previous day.
Moderna (MRNA) reached $66.98 at the closing of the latest trading day, reflecting a -1.89% change compared to its last close.
In the closing of the recent trading day, Roku (ROKU) stood at $142.34, denoting a +1.17% move from the preceding trading day.
In the latest trading session, Lam Research (LRCX) closed at $329.92, marking a -5.83% move from the previous day.
Modine (MOD) closed at $234.28 in the latest trading session, marking a -4.73% move from the prior day.
Enphase Energy (ENPH) reached $43.06 at the closing of the latest trading day, reflecting a -3.95% change compared to its last close.
In the latest trading session, Cadence Design Systems (CDNS) closed at $377.92, marking a -1.63% move from the previous day.
In the latest trading session, Cameco (CCJ) closed at $90.2, marking a -6.03% move from the previous day.
Tesla (TSLA) closed the most recent trading day at $394.76, moving 3.19% from the previous trading session.
AMC Entertainment (AMC) closed at $1.87 in the latest trading session, marking a -1.06% move from the prior day.
The latest trading day saw Vertiv Holdings Co. (VRT) settling at $305.87, representing a -4.07% change from its previous close.
In the most recent trading session, Meta Platforms (META) closed at $656.73, indicating a -1.86% shift from the previous trading day.