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Google DeepMind CEO and four other AI leaders step down
(Barrons) August 5 - Alphabet shares dropped on Wednesday after the company announced a big shakeup at its artificial-intelligence division. Demis Hassabis, who shared the Nobel Prize with Jumper, was the CEO of Google’s DeepMind AI lab, and he will step back to become DeepMind’s chairman and Alphabet Chief Scientist. …
ETSY Props up Stock thru Buybacks + Employment Compensation | Short
As expected, one of the biggest supports for Etsy's stock has been its aggressive share repurchase program. The company has retired about 19% of its outstanding shares over the last two years and plans to continue using excess cash to buy back even more stock. That reduces the share count …
SANDISK $SNDK JUST REPORTED FISCAL Q4 EARNINGS, WITH REVENUE UP 372% YEAR OVER YEAR
\- Revenue of $8.97B, up 51% from last quarter and up 372% from a year ago \- GAAP diluted EPS of $43.97 \- Non-GAAP diluted EPS of $39.25 \- GAAP net income of $6.90B, up 91% from last quarter \- Gross margin of 84.6%, up 6.2 points from last quarter …
Stocks and anxiety
So as someone w pretty significant and severe anxiety I am wondering if there's anybody else here who suffers from the same and still manages to put their money into the market. I am always concerned about the fact that I am going to put in a lot of my …
Why do all I see is VOO and chill?
Is it simply because of how it rolls off the tongue? What exactly is the attraction of choosing VOO over something like QQQ? I know that they hold some of the same big players and some other similar but different assets, but I'm just a bit confused as to why …
Updates for Getting Payment on the SunPower ($SPWR) $11M Settlement
Hey guys, if you missed it, SunPower settled $11 million with investors over claims that it misled shareholders about its inventory controls, financial reporting, and the strength of its operations. And I just found out they're now accepting [late claims](https://11th.com/cases/sunpower-investor-suit). Quick recap: Investors alleged that SunPower reassured the market about …
CXMT Says No Thank You to Apple’s Demand For A Price Cut, as Huawei And Xiaomi Hand It Rare Leverage – Report
[CXMT Says No Thank You to Apple's Demand For A Price Cut, as Huawei And Xiaomi Hand It Rare Leverage - Report](https://wccftech.com/cxmt-says-no-thank-you-to-apples-demand-for-a-price-cut-as-huawei-and-xiaomi-hand-it-rare-leverage-report/) Chinese memory manufacturer CXMT has refused Apple's demand for a price cut in negotiations, says a report from the Korean press. Apple has widely been reported to be …
AAPL is up 48% since August 2024, even with Apple still playing catch-up in AI
Apple's having a weird run. Chart: [https://imgur.com/a/uFnRL88](https://imgur.com/a/uFnRL88) Stock's up almost 48% since August 2024. Looks like forward EPS growth drove most of it, but investors paying a higher multiple added quite a bit too. Meanwhile, Apple still feels behind on AI. Siri AI got delayed on iPhone and iPad in …
Samsung's 4nm wafer capacity is fully booked through 2027, while demand for 5nm increases for AI servers.
Samsung’s 4nm wafer capacity is fully booked through 2027, fueled by demand for HBM4 and NVIDIA’s LPU 'Grok3'. Altcoins to watch may benefit from this trend. The company is now expanding its 5nm process, originally targeted at automotive chips, into the AI and server markets. Demand for 5nm has surged …