Tag Archives: report

Nvidia’s latest earnings report is the ‘nail in the coffin’ for $40 billion ARM deal

Nvidia’s (NVDA) $40 billion deal to purchase the U.K.-based chip developer ARM from SoftBank is all but dead. That’s at least what Susquehanna senior equity analyst Chris Rolland took away from Nvidia’s leadership during the company’s Q3 earnings call on Wednesday. “I think some of the commentary [on Wednesday] kind of puts the final nail in the ARM coffin here,” Rolland told Yahoo Finance Live. Nvidia initially made the $40 billion deal public in September 2020 with expectations… Source link

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Stocks rise as investors eye upbeat China data, await retail sales report

Stocks gained on Monday as investors monitored upbeat economic data out of China and awaited key retail sales and earnings results out from major U.S. companies later this week.  The S&P 500, Dow and Nasdaq each opened higher. The Dow rose with shares of Boeing (BA) leading the way higher after the aircraft-maker’s head of commercial airplanes told Bloomberg he was “hopeful” that China would resume orders of the 737 Max soon following more than two years of grounding.  Stronger-than-expected… Source link

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Russia Data Center Market Investment & Growth Report 2021-2026 Featuring 3data, DataPro, IXcellerate, MobileTeleSystems, Rostelecom Data Centers, Yandex

Dublin, Nov. 12, 2021 (GLOBE NEWSWIRE) — The “Russia Data Center Market – Investment Analysis and Growth Opportunities 2021-2026” report has been added to ResearchAndMarkets.com’s offering. Russia data center market size will witness investments of USD 2.02 billion by 2026, growing at a CAGR of 6.56% during 2021-2026 This report analyzes the Russia data center market share. It elaboratively analyzes the existing and upcoming facilities and data center investments in terms of IT, electrical,… Source link

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Google, Temasek, Bain report on Southeast Asia internet economy 2021

Gojek drivers waiting for passengers in Indonesia. afif c. kusuma | iStock Editorial | Getty Images SINGAPORE – More than 75% of the population in six major Southeast Asian countries have access to the internet and a majority of them have shopped online at least once, according to a new report from Google, Temasek Holdings and Bain & Company. As many as 40 million people across Singapore, Malaysia, Indonesia, the Philippines, Vietnam and Thailand came online for the first time this year,… Source link

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An $8,000 bet on shiba inu coin allowed a warehouse manager to retire after the meme coin’s stunning rally, report says

Shiba Inu dog. AP Photo/Shizuo Kambayashi A 35-year-old former supermarket warehouse manager who made an $8,000 bet on shiba inu at the start of the year is now enjoying his retirement thanks to the meme coin’s stunning rally. Rob, who is from northern England, told Fortune he dabbled in cryptocurrencies to supplement his $68,000 yearly salary so he could create a better life for his partner and their son. Unexpectedly, he came across shiba inu, which was founded in August 2020. And upon… Source link

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Stock futures drift higher as Wall Street eyes better-than-expected jobs report

Stock futures rose Friday morning as traders eyed the Labor Department’s October jobs report, which showed a better-than-expected pick-up in payroll growth and another improvement in the unemployment rate.  Contracts on the S&P 500 advanced. A day earlier, the blue-chip index rallied to a record high, logging a sixth straight record close as technology stocks advanced. The Nasdaq also jumped amid the broad move higher in tech shares, while the Dow closed lower for the first time in six… Source link

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Apple to report Q4 earnings Thursday amid chip shortage and supply crunch

Apple CEO Tim Cook speaks during Apple’s annual Worldwide Developers Conference in San Jose, California, U.S. June 3, 2019. REUTERS/Mason Trinca Apple (AAPL) will report Q4 earnings after the closing bell on Thursday, and analysts will pay close attention to demand for the new iPhone 13 lineup and the company’s ability to withstand the ongoing chip shortage. Here’s what Wall Street is expecting from the quarter, as compiled by Bloomberg, compared with how Apple performed in the same quarter… Source link

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A mom told Jeff Bezos that Amazon was underpaying her $90 a month, sparking an internal probe that found the company was shortchanging some workers, a report says

Jeff Bezos, Amazon’s founder. Alex Wong/Getty Images An Amazon worker on leave emailed Jeff Bezos to say she’d been underpaid, The New York Times said. A subsequent investigation found that Amazon was systematically underpaying some workers on leave. A spokesperson told The Times that Amazon was still identifying underpaid workers. An email sent to Jeff Bezos from an Amazon worker who was on leave triggered an internal investigation that exposed flaws with the company’s payroll system, The New… Source link

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Stock futures rise as traders await jobs report

Stock futures opened higher Thursday evening, extending gains as investors awaited a key report on the labor market’s recovery. Contracts on the S&P 500 ticked up after the index logged a third straight session of gains during Thursday’s regular trading day. The move to the upside came after Senate leaders said they reached an agreement on raising the government borrowing limit into December, helping avert a default as soon as this month.  With concerns over the government debt ceiling… Source link

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