Articles for author: The whipping post

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Cathie Wood-Led Ark's Tesla Love Affair Intensifies With $5.5M Stock Buy While Bitcoin ETF Purchases Take A Breather

Ark Investment Management, founded by Cathie Wood, continued its Tesla, Inc. TSLA buying spree on Tuesday, even as the stock struggles to make meaningful headway. The firm also accumulated a few key portfolio stocks ahead of their earnings releases. What Happened: Ark, through its flagship Ark Innovation ETF ARKK, added 28,684 Tesla shares valued at $5.5 million. Despite rising as much as ...

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AMD’s Quarterly Earnings Exceed Expectations with Record Revenue

Image source: The Motley Fool. Advanced Micro Devices (NASDAQ: AMD)Q4 2023 Earnings CallJan 30, 2024, 5:00 p.m. ET Breakdown of the Conference Call: Opening Statements Interactive Session Attendees Opening Statements: Operator Welcome to the AMD fourth quarter and full year 2023 conference call. We’ll soon have a brief question-and-answer session following the formal presentation. [Operator ...

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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 ...

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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 ...

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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 ...

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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 ...