AMD is one of the few chipmakers capable of making the kind of high-end graphics processing units (GPUs) needed to train and deploy generative AI models
Schlagwort-Archiv: Markets
Biden administration to crack down on ‘junk fees’ in retirement plans
The U.S. Department of Labor will propose rules Tuesday to rein in financial conflicts of interest in 401(k) plans and individual retirement accounts.
Why working longer is a bad retirement plan
There’s often a big gap in expectations versus reality when it comes to retirement age.
Pfizer swings to quarterly loss due to Paxlovid, Covid vaccine write-offs
The results come two weeks after Pfizer slashed its full-year adjusted earnings and revenue guidance and launched a sweeping $3.5 billion cost-cutting plan.
Beer giant AB InBev beats forecasts, but Bud Light boycott continues to hit U.S. revenues
It is the second quarter in which the Bud Light controversy has hit U.S. performance at the world’s biggest brewer.
BP shares down 4% after third-quarter profit plummet
This quarter, former CEO Bob Dudley left the oil major over failure to disclose relationships with colleagues this quarter.
Shares of ON Semiconductor fall 21% as fourth-quarter guidance disappoints Wall Street
ON Semiconductor shares fell after the company offered weaker-than-expected guidance.
Samsung expects memory chip demand to improve, as operating profit beats expectations
Samsung reported its third-quarter earnings on Tuesday, beating estimates and signaling that a memory chip glut may be bottoming out.
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government published its response to a consultation paper issued earlier this year, which recommended how the crypto industry should be regulated.
HSBC’s after-tax profit surges over 235% year-on-year, announces $3 billion share buyback
HSBC also said it will initiate a further share buy-back of up to $3 billion, which is expected to „commence shortly.“