Tesla is laying off employees in software, service, and engineering teams due to reduced demand.
From Nasdaq: 2024-05-07 15:20:54 Tesla has been conducting layoffs for the past month, with employees in software, service, and engineering
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Apple's recent event showcases new products and positive financial results, driving stock up 8%.
From Nasdaq: 2024-05-07 15:13:00 Apple’s recent quarterly results have exceeded expectations, driving its stock up 8% and outperforming the S&P
Disney's shares drop on light guidance but positive outlook with expectations of profitability and revenue growth
From CNBC: 2024-05-07 15:06:44 Despite a drop in Disney shares due to mixed Q2 results, there are positives beneath the
Spectral Labs partners with Hugging Face to enhance open-source models and applications for AI.
From Investing.com: 2024-05-07 15:00:48 Spectral Labs collaborates with Hugging Face’s Expert Support Program to enhance open-source models, datasets, and applications
Suilend launches points campaign on Sui blockchain, rewarding users and growing rapidly
From Investing.com: 2024-05-07 15:00:46 Suilend, a lending protocol, launches a points campaign after a successful beta with over $40 million
BYD is a major player in the global EV market, competing with Tesla in China.
From Seeking Alpha: 2024-05-07 14:29:46 Alibaba Group Holding Limited (BABA) stock is expected to perform well in the short to
TikTok and ByteDance sue U.S. government over law requiring sale or ban
From Quiver Quantitative: 2024-05-07 14:02:04 TikTok and ByteDance are suing the U.S. government to block a law that mandates the
Mixed earnings report for various companies, with some experiencing decrease and others increase in EPS
From Nasdaq: 2024-05-07 14:00:02 Arista Networks, Inc. (ANET) is expected to report earnings with a consensus EPS forecast of $1.56,
NAR Chief Economist Lawrence Yun predicts lower long-term interest rates, with rising home sales.
From GlobeNewswire: 2024-05-07 13:42:00 Chief Economist Lawrence Yun of the National Association of Realtors® predicts a drop in interest rates
Amgen's MariTide poses a threat to Novo Nordisk and Eli Lilly in weight loss market
From CNBC: 2024-05-07 13:41:18 Wegovy, a new injectable weight-loss medication, is available at New City Halstead Pharmacy in Chicago. Amgen’s
Ambient raises $2 million to expand global environmental monitoring network
From Investing.com: 2024-05-07 13:30:45 Ambient, a decentralized network of environmental sensors, successfully raised $2 million in seed funding led by
Guide on getting a mortgage in 2025, involving credit score improvement, loan programs, and lender selection.
From Yahoo Finance: 2024-05-07 13:13:00 Planning to buy a house and need a mortgage? Improve your credit score, choose the
Sýn hf. reports a slight revenue increase, with strong advertising growth and ongoing strategic focus.
From GlobeNewswire: 2024-05-07 13:05:00 Sýn hf.’s first quarter 2024 revenues amounted to ISK 5,934 million, a 1.3% increase from Q1
Former SEC official criticizes regulatory overreach and abuse, highlights challenges facing lawmakers
From Cointelegraph: 2024-05-07 13:02:00 Former SEC official John Reed Stark recently spoke out against the misuse of “regulation by enforcement”
OpenAI developing tool to identify images created by its DALL-E 3 generator
From Yahoo Finance: 2024-05-07 13:00:12 AI technology is advancing rapidly, making it harder to distinguish real from fake images. OpenAI
NVIDIA DGX SuperPOD used by US government for AI advancements
From NVIDIA: 2024-05-07 13:00:00 The U.S. government supports President Biden’s AI executive order with an NVIDIA DGX SuperPOD. MITRE will
Stocks rise on lower bond yields and strong earnings, mixed corporate news
From Nasdaq: 2024-05-07 12:56:28 US stock indexes are slightly up with S&P 500 and Nasdaq 100 at 3-week highs and
Fiverr (FVRR) expects strong revenue and earnings growth in Q1
From Nasdaq: 2024-05-07 12:45:00 Fiverr International Ltd. (FVRR) is set to report first-quarter 2024 results on May 9. The company
Teradata beats Q1 earnings estimates, revenues down, but expects growth for 2024
From Nasdaq: 2024-05-07 12:34:00 Teradata (TDC) reported first-quarter 2024 earnings of 57 cents per share, beating estimates. Revenues of $465
Microchip Q4 earnings meet estimates, but sales decline year-over-year
From Nasdaq: 2024-05-07 12:31:00 Microchip Technology reported Q4 earnings of 57 cents per share, in line with estimates but down
Rumors of collaboration with Apple led to Rivian Automotive stock surge, then drop
From Nasdaq: 2024-05-07 12:18:43 Rivian Automotive (NASDAQ: RIVN) stock surged 8% then dropped to a 1.6% gain due to Apple
Positive
From Nasdaq: 2024-05-07 12:13:00 The Zacks Research Daily highlights Q1 earnings season updates and research reports on 16 major stocks,
Disney is the top gainer in the Dow Jones Industrial Average with strong financial performance
From Nasdaq: 2024-05-07 11:50:00 1. Disney emerges as the surprising leader in the Dow Jones Industrial Average, with a 29%
Stocks are supported as bond yields fall, with mixed US indexes and positive Q1 earnings.
From Nasdaq: 2024-05-07 11:39:45 US stock indexes are mixed this morning, with the S&P 500 and Dow Jones reaching multi-week