Articles for author: The whipping post

The whipping post

ASML Dominates AI Chip Market ASML Dominates AI Chip Market

The semiconductor industry took the initial steps into 2024 with renewed confidence, shedding the remnants of the 2023 downturn and heralding a “turning point” for the $600 billion market. Statistics from the Semiconductor Industry Association (SIA), representing most global chipmakers, revealed that global sales soared to $48 billion in November, registering an annual and quarterly ...

The whipping post

Vuzix Smart Glasses Enhancements Vuzix M400 Smart Glasses Now Feature NTT XR Support Solution

Vuzix VUZI has disclosed that its M400 smart glasses have been outfitted with the NTT XR Real Support solution, developed by NTT QONOQ, a subsidiary of Nippon Telecommunication Technology DOCOMO. The NTT XR Real Support solution is an extended reality-based innovation designed to address technical transfer, labor shortages, and safety deficiencies. This collaboration represents a ...

The whipping post

TD Cowen Downgrades Piedmont; Biden On US Steel Deal; American Battery At Bloomberg Summit And More

Top Stories for Jan. 29, 2024: 1. TD Cowen downgraded Piedmont Lithium Inc. PLL from Outperform to Market Perform. 2. President Joe Biden’s economic advisors signaled a commitment to protecting union jobs and U.S. steel manufacturing, implying that U.S. Steel Corporation X would need to increase its support for organized labor for its $14.1 billion ...

The whipping post

Investors React to Trump’s Claims and Stock Market Surge Investors React to Trump’s Claims and Stock Market Surge

Former President Donald Trump on Monday asserted that the record-high stock market under President Joe Biden is a result of investors’ confidence in his potential return to the White House. Trump’s Assertion: Trump, in a post on his Truth Social platform, claimed that his lead over Biden in November polls is driving the optimistic outlook ...

The whipping post

Auto Industry Update: TSLA’s Q4 Earnings Fall Short, GM Invests $1.4B in Brazil EV Sector Auto Industry Update: TSLA’s Q4 Earnings Fall Short, GM Invests $1.4B in Brazil EV Sector

The auto sector had a tumultuous start to the fourth-quarter 2023 earnings season, highlighted by unsettling reports from some major players. Tesla, the electric vehicle (EV) giant, delivered disappointing fourth-quarter results, missing both earnings and revenue estimates. This came as a severe blow following the company’s streak of 10 consecutive quarters of beating expectations. Furthermore, ...