Nvidia Corp.’s forthcoming sales report promises to start in an era of first for the chip business, the most important of which formally forgets its past reputation as primarily a gaming card company and fully embraces its role in shaping data centers. Nvidia NVDA, + 1.05% is scheduled to report …
Read More »Tesla share shot higher through Upgrades from BofA and Morgan Stanley
Analysts at BofA Securities and Morgan Stanley upgraded their ratings on Tesla Inc. shares on Friday, tinning the ranks of Tesla bears and increasing the stock to another record. Tesla TSLA, + 1.98% stock is on Friday for another very high, and has almost doubled in price this year. Earlier …
Read More »A story of two $ 2 billion Chinese IPOs leading in very different directions
KE Holdings Inc. became China’s first public offering to raise $ 2 billion from a U.S. listing since iQiyi Inc. on Thursday, when its share saw 87% close. Less than an hour later, iQiyi gave a stark reminder of the rocky path many young Chinese stocks have taken on U.S. …
Read More »CDC director warns America is in ‘worst case … we’ve ever been’
While the world awaits a COVID-19 vaccine and is waiting to bring the coronavirus pandemic under control, there is another impulse ready to be exact this fall. That would be the flu, because America’s annual season of influence usually begins in October before peaking between December and February. And the …
Read More »Cisco stock records worst day in nearly a decade because cost cuts raise more concerns about coronavirus
Cisco Systems Inc. shares recorded their worst one-day drop in nearly a decade Thursday, following the network giant’s decision to circle the wagons in the form of cost cuts, as the company suffers from increasingly selective business expenses during the COVID-19 pandemic. Cisco CSCO, -11.18% shares, which fell as much …
Read More »