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Market updates
Synopsys Powers World's Fastest UCIe-Based Multi-Die Designs with New IP Operating at 40 Gbps
September 10, 2024 01:00 PM AEST| By EODHDComplete Synopsys 40G UCIe IP Solution Delivers Maximum Bandwidth for Die-to-Die Connectivity in High-Performance AI Data Center Chips Highlights Industry's first complete 40G UCIe IP solution, includ...
The AI supercycle is just beginning: AMD CEO
September 10, 2024 08:23 AM AEST| By EODHDAMD (AMD) chair and CEO Dr. Lisa Su says her company is just getting started with the high-powered AI chip drops. "We have accelerated our AI roadmap and are on a one year cadence of new products," Su...
Under Armour Doubles Expected Restructuring Costs, Cuts Outlook
September 10, 2024 08:16 AM AEST| By EODHDThe latest restructuring measures will lead to pre-tax charges of $140 million to $160 million for the fiscal years ending in March 2025 and 2026, the sportswear maker said. Continue reading View comm...
Media Alert: Rambus Hosting Expert Panel on AI Memory Requirements at the AI Hardware and Edge AI Summit in San Jose, CA
September 10, 2024 07:05 AM AEST| By EODHDSAN JOSE, Calif., September 09, 2024--(BUSINESS WIRE)--Rambus Inc.: What: AI Hardware & Edge AI Summit 2024 Who: Rambus Inc. (Nasdaq: RMBS), a premier chip and silicon IP provider Where: Signia by Hil...
Rambus Announces Industry-First HBM4 Controller IP to Accelerate Next-Generation AI Workloads
September 10, 2024 07:00 AM AEST| By EODHDRambus HBM4 Controller (Graphic: Business Wire) Highlights: Built on a proven track record of over one hundred HBM design wins to ensure first-time silicon success Delivers more than double the throug...
Equity Residential to Participate in Bank of America 2024 Global Real Estate Conference
September 10, 2024 06:15 AM AEST| By EODHDCHICAGO, September 09, 2024--(BUSINESS WIRE)--Equity Residential (NYSE: EQR) today announced that the Company’s President and CEO, Mark J. Parrell, will participate in a roundtable discussion at the B...
Costco Likely to Benefit From Market Share Gains, Warehouse Productivity, Morgan Stanley Says
September 10, 2024 06:05 AM AEST| By EODHDCostco Likely to Benefit From Market Share Gains, Warehouse Productivity, Morgan Stanley Says
JetBlue Airways Benefitting From Improving Fundamentals, BofA Says in Upgrade
September 10, 2024 04:58 AM AEST| By EODHDJetBlue Airways Benefitting From Improving Fundamentals, BofA Says in Upgrade
Sector Update: Financial Stocks Higher Monday Afternoon
September 10, 2024 03:49 AM AEST| By EODHDSector Update: Financial Stocks Higher Monday Afternoon
European Equities Open Week Higher; HSBC Mulls Combining Commercial, Investment Divisions
September 10, 2024 02:28 AM AEST| By EODHDEuropean Equities Open Week Higher; HSBC Mulls Combining Commercial, Investment Divisions
Tropical Storm Francine Forms in US Gulf, Spurring Oil Shutdowns
September 10, 2024 02:04 AM AEST| By EODHD(Bloomberg) -- Tropical Storm Francine has formed in the Gulf of Mexico, prompting oil drillers to evacuate crews and halt some offshore crude production, while the US Coast Guard warns shippers of ap...
Starboard Calls on News Corp to Scrap Dual-Class Share Structure
September 10, 2024 02:02 AM AEST| By EODHDThe activist investor said the share structure gives too much influence to the family of company founder Rupert Murdoch. Continue reading View comments
Rubbermaid Commercial Products Celebrates Third-Annual Behind the Scenes of Clean Campaign Honoring Cleaning and Maintenance Professionals
September 10, 2024 02:00 AM AEST| By EODHDRubbermaid Commercial Products is hosting more than 200 global events to recognize custodians and environmental service workers HUNTERSVILLE, N.C, Sept. 9, 2024 /PRNewswire/ -- Rubbermaid Commercial P...
JetBlue to Benefit From 'Favorable' Industry Backdrop, Improving Fundamentals, BofA Says
September 10, 2024 01:04 AM AEST| By EODHDJetBlue to Benefit From 'Favorable' Industry Backdrop, Improving Fundamentals, BofA Says
Qantas adds freighter capacity to meet rising transport demand in Asia
September 10, 2024 12:37 AM AEST| By EODHDQantas Freight now operates six Airbus A321 aircraft and plans to add six more of the converted freighters. (Photo: Qantas) The arrival of a sixth Airbus A321 converted freighter has unlocked more car...
Porsche-backed German start-up Cylib breaks ground on battery recycling plant
September 10, 2024 12:30 AM AEST| By EODHD(Reuters) - German battery recycling start-up Cylib, which counts Porsche and Bosch as backers, broke ground on its first European industrial plant in western Germany, the company said on Monday. The...
HSBC weighs commercial, investment bank merger to shed costs, Bloomberg reports
September 09, 2024 10:36 PM AEST| By EODHD(Reuters) - HSBC is mulling the combination of its Commercial and Investment banking divisions to eliminate overlapping roles at the lender and cut costs, Bloomberg News reported on Monday, citing peo...
Campbell to Share Next Chapter of Growth Strategy at Fiscal 2025 Investor Day
September 09, 2024 10:30 PM AEST| By EODHDCAMDEN, N.J., September 09, 2024--(BUSINESS WIRE)--Campbell Soup Company (NASDAQ:CPB) executives will present at the company’s Investor Day tomorrow, Tuesday, Sept. 10, 2024 from 9:00 a.m. ET to appro...
Asia Report: Stocks Decline as Japan's Growth and China's Inflation Miss Expectations
September 09, 2024 09:28 PM AEST| By Team Kalkine MediaAsia-Pacific markets experienced broad declines on Monday, with Hong Kong’s Hang Seng Index leading the losses following weaker economic data from both China and the US. A lackluster US jobs report from Friday, along with softer data from China and J...
Santander boasted ‘flexibility is here to stay,’ then ramped up its RTO mandate—lumping its U.K. CEO with a 160-mile commute
September 09, 2024 08:17 PM AEST| By EODHDSantander famously took a liberal approach to work-from-home compared to its peers. The Spanish bank touted its flexible work policies while the likes of JPMorgan and Morgan Stanley called their emplo...
AI on the Rise: A Look at Top AI Companies and Their Stocks