On Thursday, NAND flash memory solutions provider Solidigm announced a multi-year extension of its deal with Broadcom Inc (NASDAQ:AVGO) on the use of high-capacity solid-state drive (SSD) controllers to support artificial intelligence (AI) and data-intensive workloads. NAND flash memory solution is a storage technology employing non-volatile memory that stores data even when power is off. It caters to devices like SSDs, USB drives, memory cards, and smartphones. Also Read: Wipro Q3 Earnings: 24.
Novo Nordisk (NVO) shares are surging by nearly 11% in Friday's pre-market trading after releasing positive early trial results for the company's injectable GLP-1 weight-loss drug, amycretin. Yahoo Finance senior health reporter Anjalee Khemlani breaks down these trial results and the position it gives Novo Nordisk in better competing with Eli Lilly's (LLY) newer emerging GLP-1 treatments. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Luke Carberry Mogan.
(Bloomberg) -- American Express Co. profits increased 12% as well-heeled consumers spent more than analysts expected on their credit cards over the holidays, a tailwind the firm said it expects will continue.Most Read from BloombergWhat Happened to Hanging Out on the Street?How Sanctuary Cities Are Preparing for Another Showdown With TrumpBillionaire Developer Caruso Slams LA Leadership Over WildfiresTexas HOA Charged With Discrimination for Banning Section 8 RentersHoboken PATH Station Will Clo
Canadian helicopter parts supplier Optima Aero is already moving inventory south of the border to minimize the risk from potential tariffs proposed by U.S. President Donald Trump. Optima, headquartered in Quebec, sends about $2 million worth of parts each year to Texas, where its local division provides maintenance services for local law enforcement and U.S. border protection, a priority mission for Trump's administration. "A tariff on Canada would make it tough to keep that business," said Optima President Toby Gauld, who estimates 6% of the Montreal-area company's $32 million in annual revenue could be subject to tariffs.
The average brokerage recommendation (ABR) for Netflix (NFLX) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
The average brokerage recommendation (ABR) for Howmet (HWM) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
NATICK, Mass., January 24, 2025--Allurion Technologies, Inc. ("Allurion" or the "Company") (NYSE: ALUR), a company dedicated to ending obesity, today announced that it has entered into a definitive securities purchase agreement with certain institutional investors for the purchase and sale of 1,240,000 shares of the Company’s common stock at a price of $6.00 per share in a registered direct offering priced at-the-market under NYSE rules.
We recently published a list of 10 AI Stocks Investors are Watching Closely. In this article, we are going to take a look at where Alibaba Group Holding Limited (NYSE:BABA) stands against other AI stocks investors are watching closely. President Donald Trump has only recently announced the Stargate initiative, claiming it to be “the largest […]