News

Nvidia: Analysts see potential Blackwell delay impact as modest

The Information reported over the weekend that Nvidia’s next-generation products, based on the Blackwell architecture, might face a delay of at least three months due to design flaws.

Apple shares plunge after Berkshire cuts stake

Investing.com -- Apple Inc. (NASDAQ:AAPL) shares dropped 8.3% to $201.71 at ET 6:12 am (1012 GMT) in pre-market trading on Monday after Warren Buffett's Berkshire Hathaway (NYSE:BRKa) cut its stake in

Cloud Music Inc. to Report First Half 2024 Financial Results on August 22, 2024

HANGZHOU, China, Aug. 5, 2024 /PRNewswire/ -- Cloud Music Inc. (HKEX: 9899 or the "Company"), a leading interactive music streaming service provider in China, today announced that it will re...

Bitcoin slips below $50,000 mark as crypto market bleed only gets worse

JinkoSolar Announces Cash Dividend

SHANGRAO, China, Aug. 5, 2024 /PRNewswire/ -- JinkoSolar Holding Co., Ltd. ("JinkoSolar" or the "Company") (NYSE: JKS), one of the largest and most innovative solar module man...

FORTUNE ANNOUNCES 2024 FORTUNE GLOBAL 500

Walmart is No. 1 for the 11th consecutive year U.S. takes the lead from Greater China with the most companies for first time since 2018 NEW YORK, Aug. 5, 2024 /PRNewswire/ --  Today, Fortu...

Markets are getting ahead of the Fed: BofA

The latest jobs data has heightened fears that the US economy is facing a downturn, leading to debates among investors that the Federal Reserve may need to accelerate its rate-cutting plans in order t

Goldman: Recession risk limited, see three rate cuts this year

Economists at Goldman Sachs (NYSE:GS) updated their rate cut forecasts following last week's weak jobs report, but believe the recession risks for the U.S. economy are limited.

Canon invites Enterprises to "THINK BIG - The Power of Future"

Sketch the future with an infinite spectrum of technology HONG KONG, Aug. 5, 2024 /PRNewswire/ -- Navigating the era of omnipresent Generative AI, large-scale language models (LLMs) are becomin...

US stock futures sink as economic concerns mount, tech rout continues

Investing.com-- U.S. stock index futures fell sharply Monday amid growing concerns over an economic slowdown, with technology stocks hit particularly hard.

Crypto stocks tumble as Bitcoin drops amid broad based selloff

Investing.com -- Crypto stocks Coinbase (NASDAQ:COIN), Bitfarms (NASDAQ:BITF), Riot Platforms (NASDAQ:RIOT), and CleanSpark (NASDAQ:CLSK) all tumbled more than 10% on Monday as a broad-based selloff g

Analysts weigh in on market selloff

US stock futures tumbled Monday as the global stock selloff deepened, driven by fears that the Federal Reserve is moving too late to support a slowing economy.

9Basil Group completes final close for second flagship private equity fund

SINGAPORE, Aug. 5, 2024 /PRNewswire/ -- 9Basil Group ("9Basil" or the "Firm"), a value-focused alternative investment firm, today announced the final close of its...

So-Young to Report Second Quarter 2024 Financial Results on August 23, 2024

BEIJING, Aug. 5, 2024 /PRNewswire/ -- So-Young International Inc. (NASDAQ: SY) ("So-Young" or the "Company"), the largest and most vibrant social community in China for consumers,...

Viomi Technology Co., Ltd to Report First Half 2024 Financial Results on Monday, August 26, 2024

Earnings Call Scheduled for 8:00 A.M. ET on August 26, 2024 GUANGZHOU, China, Aug. 5, 2024 /PRNewswire/ -- Viomi Technology Co., Ltd ("Viomi" or the "Company") (NASDAQ: V...

CrowdStrike denies blame for Delta Air Lines outage - CNBC

Investing.com -- Cybersecurity firm CrowdStrike (NASDAQ:CRWD) has rejectedDelta Air Lines' (NYSE:DAL) claims that it was responsible for the massive outage that caused thousands of flight cancellation

UOB prices A$1 billion in bonds, the largest-ever conventional single-tranche issuance by a Singapore issuer in Australia

SINGAPORE, Aug. 5, 2024 /PRNewswire/ -- UOB Sydney Branch has priced A$1 billion in four-year senior unsecured notes due 2028. The notes were priced on Friday (2 Aug) at the Bank Bill Swap...

Investors eye Fed’s next move as Wall Street’s fear gauge jumps 50%

Global stock markets suffered a significant blow on Monday amid rising fears of a U.S. recession, prompting debates among investors and analysts about whether the Federal Reserve will need to accelera

"Decoded": Groundbreaking Chinese Psychological Thriller Film Set for Global Release on August 22

LOS ANGELES, Aug. 5, 2024 /PRNewswire/ -- CMC Pictures has announced the global release of the Chinese psychological thriller "Decoded," a groundbreaking film that blurs the lines between dr...

NetEase to Report Second Quarter 2024 Financial Results on August 22

HANGZHOU, China, Aug. 5, 2024 /PRNewswire/ -- NetEase, Inc. (NASDAQ: NTES and HKEX: 9999, "NetEase" or the "Company"), a leading internet and game services provider, today announce...