Peloton Interactive Faces Revenue Decline in Fiscal First Quarter
Peloton Interactive is expected to announce a decline in revenue for its fiscal first quarter. The company has faced challenges amid the changing landscape of the fitness industry.
AMD's Ambitious AI Chip Revenue Projection
AMD CEO Lisa Su expects significant revenue from AI chips, projecting $400 million in Q4 2021 and $2 billion by 2024. Challenges and opportunities in the AI chip market are discussed.
The Risks of Artificial Intelligence in Capital Markets
Chairman Gensler expresses concerns about the risks associated with artificial intelligence (AI) in capital markets, including monoculture and regulatory challenges.
Treasury Increases Interest Rate on Series I Savings Bonds
The Treasury has announced a significant increase in the interest rate on Series I savings bonds to 5.27%, providing investors with new opportunities. These bonds offer tax advantages and unique interest compounding, making them a distincti...
Alibaba Upgrades AI Model Amid US Restrictions
Alibaba has made significant upgrades to its AI model despite US restrictions, showcasing enhanced complexity. Chinese tech companies continue to forge ahead with AI advancements in a fierce competition for dominance.
Dynacor Group Appoints New Chief Operating Officer
Dynacor Group appoints Denis Rivard as the new Chief Operating Officer to support the company's expansion efforts in gold ore procession operations.
Kromek Group Secures $1 Million Worth of Orders in CBRN Detection Sector
Kromek Group receives $1 million orders in CBRN detection sector, driving revenue growth and ensuring public safety.
Redcare Pharmacy Reports Strong Third-Quarter Sales
Redcare Pharmacy experiences significant sales growth in Q3, driven by surge in prescription sales and improved customer loyalty. They report an impressive financial performance and reaffirm their full-year guidance.
Concerns Arise Over Expectations for AMD's Data Center Unit
Semiconductor analysts raise concerns about AMD's data center unit's high expectations, following Intel's shortfalls in data center revenue. Budget shifts and customer feedback may negatively impact sales.
Electric Vehicle Slowdown Sparks Concerns among Investors
Investors are concerned about the slowdown in electric-vehicle and overall auto sales, as evidenced by disappointing earnings reports and a battery maker's decline in production. The decline is expected to continue, adding to market unease....