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Dell shares drop on weak forecast despite strong AI sales growth

Dell Technologies reported fiscal third-quarter earnings that exceeded expectations for earnings per share but fell short on revenue, leading to a 10% drop in shares after hours. The company forecasted fourth-quarter revenue between $24 billion and $25 billion, below analyst expectations, despite a 34% revenue increase in its Infrastructure Solutions Group driven by AI sales. Demand for AI systems remains strong, with a $4.5 billion pipeline of future orders, as customers await Nvidia's next-generation Blackwell chips.
CNBC
United States Dollar HPE AMD Dell Inc. NVIDIA Corporation Super Micro Computer, Inc. Intel USA Michael S. Dell Jensen Huang Show more
Technology & Innovation, Market Report
22:07 26.11.2024

French government faces no-confidence threat amid budget crisis and rising tensions

French Prime Minister Barnier faces a potential government collapse as he seeks to pass his budget using a constitutional maneuver that could invite no-confidence motions. The far-right National Rally, led by Marine Le Pen, threatens to support such a motion unless Barnier abandons proposed tax increases and spending cuts. This political turmoil could trigger a eurozone crisis amid economic challenges in Europe.
POLITICO
United States Dollar Euro National Rally DEU USA GRC FRA Marine Le Pen Michel Barnier Show more
Finance & Economy, News Article
22:06 26.11.2024

western union to present at ub s global technology and ai conference

Western Union will present at the UBS Global Technology and AI Conference on December 4th at 2:55 p.m. Mountain Time, featuring comments from CFO Matt Cagwin. The presentation will be available via webcast on their investor relations website, with an archived version accessible afterward. The company aims to provide accessible financial services globally, connecting consumers, businesses, and governments across over 200 countries and territories. For more information, visit www.westernunion.com.
Yahoo Finance
United States Dollar The Western Union Company USA Matt Cagwin
TradFi, Press Release
22:05 26.11.2024

apan chip distributor macnica seeks acquisitions in asia amid industry pressures

Macnica Holdings Inc., a leading Japanese chip distributor, is exploring acquisition opportunities in Asia, including China and India, to enhance its competitiveness against larger rivals. President Kazumasa Hara emphasized the need for scale amid ongoing technological tensions between the US and China, which have led to export controls and supply chain challenges.
bloomberg.com
United States Dollar Indian Rupee Chinese Yuan South Korean Won Intel Corporation JPN Kazumasa Hara
Technology & Innovation, Market Report
22:00 26.11.2024

intuit cfo to present at ub s global technology conference

Intuit CFO Sandeep Aujla will present at the UBS Global Technology Conference on December 3, 2024, at 9:55 a.m. PT. The session will be available live via audio webcast on Intuit’s investor relations website, with a replay accessible 24 hours post-presentation.
Yahoo Finance
Intuit Inc. USA Sara Day Lisa Patterson Sandeep Aujla Show more
TradFi, Press Release
22:00 26.11.2024

impact of new tariffs on prices and inflation in north america

President-elect Donald Trump has announced new tariffs on Mexico and Canada, alongside previously promised tariffs on China. The discussion centers on the potential impact of these tariffs on domestic prices and whether they will lead to significant inflation. Guest host Josh Oliver engages with economics commentator Chris Giles to explore these economic implications.
@FinancialTimes
United States Dollar Smithfield Foods Inc. USA Chris Giles Donald Trump Josh Oliver Katie Martin Robert Armstrong Roula Khalaf Show more
Finance & Economy, Transcript
22:00 26.11.2024

Rivian secures 6.57 billion loan for new Georgia electric vehicle factory

Rivian's Project Horizon in Georgia, backed by a $6.57 billion loan from the Biden administration, aims to create 7,500 permanent jobs and produce 400,000 electric vehicles annually. The facility will significantly contribute to transportation decarbonization, saving 146 million gallons of petroleum each year. The project highlights the U.S. government's commitment to diversifying EV manufacturing and supporting emerging companies in the industry.
CleanTechnica
United States Dollar Tesla, Inc. Qcells Rivian Automotive, Inc. Volkswagen AG USA Gavin Newsom John Barrasso Show more
Finance & Economy, News Article
21:58 26.11.2024

Market Watch: Key Stocks to Monitor Including NTPC and Siemens

On Wednesday, stocks to watch include NTPC Green Energy, Siemens, Zee Entertainment, Kotak Bank, Zaggle, Wipro, and Dabur. Investors are encouraged to opt for push notifications to receive relevant updates on their transactions.
Moneycontrol
Wipro Limited Siemens Energy AG Dabur IND Show more
Finance & Economy, Market Report
21:54 26.11.2024

SpaceX gains approval to enhance T-Mobile network with Starlink satellites

SpaceX has received conditional approval from US regulators to enhance T-Mobile's cellular network using its Starlink satellites. This initiative aims to extend mobile coverage to consumer phones by integrating satellite service with traditional mobile networks.
Bloomberg.com
United States Dollar T-Mobile US, Inc. SpaceX USA Elon Musk
Technology & Innovation, News Article
21:52 26.11.2024

f holding set to debut in hong kong after 749 million ipo

Chinese courier SF Holding Ltd. is set to debut its shares in Hong Kong on Wednesday following a $749 million IPO, marking the city's second-largest listing this year. In gray-market trading, the stock initially rose by 5.5% from its issue price of HK$34.30 before losing those gains.
bloomberg.com
Hong Kong Dollar Midea Group Co., Ltd. SF Holding Ltd. HKG CHN
Finance & Economy, Market Report
21:41 26.11.2024
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