Thyssenkrupp Steel plans to reduce its production capacity to between 9 million and 9.5 million metric tons a year, broadly in line with its shipments over the past three years and cut jobs, in response to challenging market conditions, with weak demand, high energy costs and rising competition from Asia hurting its business.
In his 2016 letter to Berkshire Hathaway shareholders, legendary investor Warren Buffett wrote, “Every decade or so, dark clouds will fill the economic skies, and they will briefly rain gold. When downpours of that sort occur, it’s imperative that we ...
Trump Media reported a sizeable first-quarter loss with revenue below $1 million once again. Donald Trump stock DJT fell.
Cathie Wood is famous for her singular investing style. Favoring high growth and disruptors, she often appears to be throwing caution to the wind and willing to tread where other Wall Street titans may fear to go. However outré Wood’s strategy might seem to some, there’s one risk she’s not willing to take. Addressing the recent comeback of meme stocks, the Ark Invest CEO recently issued a warning to investors keen to get in on the action, sensibly warning that it will end badly for many piling i
Yardeni Research’s chief investment strategist, Ed Yardeni, told clients in a note that the stock indexes could soar even higher thanks to
Norwegian Cruise Line soars on profit guidance, Red Lobster bankruptcy blamed on shrimp promotion, Exxon dispute with activists draws in Calpers, and other news to start your day.
These AI chip stocks have skyrocketed. Now their lofty share prices make them due for a split.
The AI explosion isn't just about chips. Vertiv, which makes power and cooling equipment for data centers, has crushed it.
Registration data showed a surprise truck overtaking Rivian's R1T.
(Bloomberg) -- A coalition of Tesla Inc. shareholders is urging its peers to reject the $56 billion pay package for Chief Executive Officer Elon Musk that the company’s board has asked investors to approve again.Most Read from BloombergOne Dead After Singapore Air Flight Hit By Severe TurbulenceASML and TSMC Can Disable Chip Machines If China Invades TaiwanHims Debuts $199 Weight-Loss Shots at 85% Discount to WegovyJamie Dimon Says Succession at JPMorgan Is ‘Well on the Way’Iran State TV Says ‘N
On Tuesday, the company said that it is exploring to make the IBM Granite model series available later this year for use across the Salesforce, Inc. (NYSE:CRM) Einstein 1 platform, with the aim to provide clients access to more models to enhance decision-making for AI CRM use cases. The Granite code models range from 3B to 34B parameters and come in both base and instruction-following model variants, which are suitable for tasks such as code generation and fixing bugs. Check This Out: IBM Ventur