Key Points: The S&P 500 index registered a slight decline of 0.06%, the Nasdaq 100 saw a marginal decrease of 0.03%, and the Dow 30 remained relatively unchanged. Significant gains were seen in Cazoo Group Ltd (CZOO), Treasure Global Inc....
Key Points: Southwest Airlines and union flight attendants tentatively agree on a new contract; details remain undisclosed pending a ratification vote by members. The previous proposal, rejected by attendants in December, sought an immediate 20% raise followed by four annual 3% raises. Southwest's vice president of labor relations highlights the importance of attendants' role in...
Key Points: Intel secures $8.5 billion in CHIPS Act funding; additional funding of up to $11 billion may be obtained through the CHIPS and Science Act. The funding aims to strengthen domestic chip production and reduce reliance. Intel plans to establish fabs and research centers across multiple states. Ohio's fab facility will focus on manufacturing...
Key Points: NVIDIA unveils Blackwell, a next-generation AI chip platform offering significant performance improvements over its predecessor. Blackwell chips are between 7 and 30 times faster than the previous H100 chips and consume 25 times less power. Named after mathematician David Harold Blackwell, Blackwell chips feature 208 billion transistors and achieve speeds of up to...
In the rapidly evolving world of cloud technology, businesses are constantly seeking innovative solutions to harness the power of the...
Key Points: SpaceX plans to sell satellite lasers to others. It is already discussing this with potential customers, showcasing its...
Key Points: Japan's stocks experienced a positive note with notable gains in the paper & pulp, power, and rubber sectors....
Key Points: Saudi Arabia plans to establish a $40 billion fund for Artificial Intelligence investments. PIF has engaged in discussions...
