News
Cerebras stock slides after impressive IPO debut
Cerebras Systems stock fell 3% pre-market on Friday after soaring over 68% the day before in a highly anticipated debut....
China to buy 200 Boeing jets, order could rise to 750
China has agreed to purchase 200 Boeing jets, with the possibility of the order increasing to as many as 750...
Kevin Warsh confirmed as new Fed Chair
The U.S. Senate has approved Kevin Warsh as the new Federal Reserve Chairman. Warsh assumes control during a period when...
Xi Jinping tells top US CEOs that China will open up more
Xi Jinping indicated that China is moving toward greater openness, sending a positive message during his meeting with US business...
US approves Nvidia chip sales to 10 Chinese companies
The U.S. has cleared around 10 Chinese firms to buy Nvidia's second-most powerful AI chip, the H200, but not a...
Wholesale inflation jumps 6%
Wholesale prices in April rose 1.4% seasonally adjusted for the month, significantly higher than the 0.5% Dow Jones consensus forecast and...
Huang joins top CEOs on Trump’s China trip
Jensen Huang of Nvidia was a late addition to President Trump’s trip to China this week, joining him alongside 15...
Alibaba’s core profit drops 84%
Chinese tech giant Alibaba has reported a sharp decline in its core profitability during the March quarter, due to heavy investments...
Hims & Hers drops 15% after Q1 loss, weak guidance
Telehealth company Hims & Hers’ stock dropped sharply in early Tuesday trading after reporting a first-quarter loss and providing weak earnings guidance...
Consumer prices increased by 3.8% in April
According to the Bureau of Labor Statistics on Tuesday, the consumer price index increased by a seasonally adjusted 0.6% for...
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