Category: Entertainment

Microsoft’s (MSFT) plans to spend $80 billion is another boost for the artificial intelligence sector. The software giant plans to invest in data centers in fiscal 2025. Microsoft needs more hardware to power AI. The company said that it needs large-scale infrastructure investments to serve as the essential foundation of AI innovation and use. Microsoft…

Three technology stocks gained over 10% last Friday’s trade. Arm Holdings (ARM) gained 10.05%. The speculation increased after Nasdaq (QQQ) added 1.77% on the day. ARM has strong growth, profitability, and momentum. ARM stock valuations are highly unfavorable. Its non-GAAP P/E is over five times higher than the sector median. Super Micro Computer (SMCI) rose…

Monday, January 6, 2025 10:07 AM EST – Kelt Exploration Ltd. : Is providing financial and operating guidance for 2025. The Company expects to incur $328.0 million in capital expenditures during the year and is forecasting to generate $345.0 million in adjusted funds from operations in 2025. Kelt Exploration Ltd. (T.KEL ) shares were up…

Lucid Group (NASDAQ:LCID) on Monday reported record quarterly vehicle deliveries for the fourth quarter and confirmed production of more than 9,000 vehicles in 2024 — meeting a previously announced target. The electric vehicle manufacturer reported production of 9,029 units and deliveries of 10,241 cars in 2024. That included production of 3,386 units and delivery of…

Stocks of microchip and semiconductor companies are marching higher on news of strong quarterly financial results from contractor Foxconn (TPE:2317). Hon Hai Precision Industry, which does business internationally as Foxconn, announced record fourth quarter 2024 revenue, suggesting the artificial intelligence (A.I.) boom is continuing. Specifically, Foxconn reported Q4 revenue of 2.1 trillion New Taiwan dollars…

Talkspace (NASDAQ: TALK) shares strengthened Monday. The company, dealing in online behavioral health, is now available to approximately 9.5 million active duty and retired military personnel and their dependents as an in-network benefit through partnerships with TRICARE East and West region contractors. Eligible beneficiaries, including partners and teen dependents (13+), can now receive therapy from…

Home sales across the Greater Vancouver Region rose 31.2% on a year-over-year basis in December. However, according to the Greater Vancouver Realtor Association, the 1,765 homes sold on Canada’s West Coast last month was 14.9% below the 10-year seasonal average for the month of December. The real estate board said 1,676 newly listed properties hit…

Canada’s main stock index opened higher on Monday, lifted by technology and energy stocks, while investors braced for political changes amid talks of Prime Minister Justin Trudeau’s impending resignation later in the day. The TSX grabbed 75.41 points to open Monday at 25,148.95. The Canadian dollar hiked 0.54 cents to 69.79 cents U.S. Calls for…

Stocks jumped on Monday, recovering from last week’s losses as chipmakers jumped. The Dow Jones Industrials stormed ahead 232.67 points to 42,964.80. The S&P 500 spiked 66.56 points, or 1.1%, to 6,009.03. The NASDAQ Composite popped 349.57 or 1.8%, to 19,971.25. Chip stocks led the gains after Foxconn announced record fourth-quarter revenue. Nvidia and Broadcom…