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AMD falls as investors demand bigger AI payoff
Aug 5 : Advanced Micro Devices shares tumbled on Wednesday as the chipmaker’s revenue forecast failed to impress investors seeking clearer signs that a multibillion-dollar AI spending boom will translate into faster growth.Shares were last down 6.6 per cent at $482.53, set to erase close to $59 billion from t
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AMD falls as investors demand bigger AI payoff
Aug 5 : Advanced Micro Devices shares tumbled on Wednesday as the chipmaker’s revenue forecast failed to impress investors seeking clearer signs that a multibillion-dollar AI spending boom will translate into faster growth.Shares were last down 6.6 per cent at $482.53, set to erase close to $59 billion from t
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Uber doubles down on robotaxi plans, shares fall on weak profit forecast
Aug 5 : Uber Technologies on Wednesday outlined plans to spend more than $10 billion on robotaxis over the coming years and said Waymo remained an important partner despite reports that the Alphabet unit was considering ending their alliance.Shares of the ride-hailing company fell 4.8 per cent after the compa
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AMD falls as investors demand bigger AI payoff
Aug 5 : Advanced Micro Devices shares tumbled on Wednesday as the chipmaker’s revenue forecast failed to impress investors seeking clearer signs that a multibillion-dollar AI spending boom will translate into faster growth.Shares were last down 6.6 per cent at $482.53, set to erase close to $59 billion from t
-
Uber doubles down on robotaxi plans, shares fall on weak profit forecast
Aug 5 : Uber Technologies on Wednesday outlined plans to spend more than $10 billion on robotaxis over the coming years and said Waymo remained an important partner despite reports that the Alphabet unit was considering ending their alliance.Shares of the ride-hailing company fell 4.8 per cent after the compa
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New York Times’ slower subscriber growth in busy news cycle sparks share selloff
Aug 5 : The New York Times added digital subscribers more slowly in the second quarter despite a busy news cycle that included the U.S.-Israeli war with Iran and the FIFA World Cup, worrying investors who sent its shares down more than 13 per cent.The newspaper added about 280,000 digital-only subscribers in
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Singapore to weigh wider trade-offs before seeking lower US tariff: Gan Kim Yong
Around one-third of Singapore’s domestic exports to the United States, valued at S$9.5 billion annually, are affected under the new 12.5 per cent tariff imposed by Washington.
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WP calls for SME-driven economic growth; PAP says Singapore needs both local firms and MNCs
The debate centred on whether Singapore should rebalance its economic strategy to place greater emphasis on homegrown enterprises.
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GlobalFoundries tops second quarter estimates on AI chip demand
Aug 5 : GlobalFoundries reported second-quarter revenue above Wall Street estimates on Wednesday, as growing demand for its chips used in data centers boosted sales.• GlobalFoundries makes specialty chips for communications, data centers, automotive, industrial and consumer electronics companies.•
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AMD falls as investors demand bigger AI payoff
Aug 5 : Advanced Micro Devices shares tumbled on Wednesday as the chipmaker’s revenue forecast failed to impress investors seeking clearer signs that a multibillion-dollar AI spending boom will translate into faster growth.Shares were last down 6.6 per cent at $482.53, set to erase close to $59 billion from t
-
Uber doubles down on robotaxi plans, shares fall on weak profit forecast
Aug 5 : Uber Technologies on Wednesday outlined plans to spend more than $10 billion on robotaxis over the coming years and said Waymo remained an important partner despite reports that the Alphabet unit was considering ending their alliance.Shares of the ride-hailing company fell 4.8 per cent after the compa
-
New York Times’ slower subscriber growth in busy news cycle sparks share selloff
Aug 5 : The New York Times added digital subscribers more slowly in the second quarter despite a busy news cycle that included the U.S.-Israeli war with Iran and the FIFA World Cup, worrying investors who sent its shares down more than 13 per cent.The newspaper added about 280,000 digital-only subscribers in
-
Singapore to weigh wider trade-offs before seeking lower US tariff: Gan Kim Yong
Around one-third of Singapore’s domestic exports to the United States, valued at S$9.5 billion annually, are affected under the new 12.5 per cent tariff imposed by Washington.
-
WP calls for SME-driven economic growth; PAP says Singapore needs both local firms and MNCs
The debate centred on whether Singapore should rebalance its economic strategy to place greater emphasis on homegrown enterprises.
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