by Andy Liao | Jan 27, 2025 | AI, AI, Energy, Investing News, Market News, Stock Market, Technology
Nvidia (NVDA) saw its stock drop more than 13% on Monday, wiping nearly $480 billion from its market cap. This sharp decline came after the announcement of a new AI model from Chinese company DeepSeek, which released R1 last week. Despite running on fewer and less...
by Ming Mui | Jan 24, 2025 | Healthcare, Investing News, Medical Use, Stock Market
Novo Nordisk (NVO) experienced a significant surge in pre-market trading on Friday, with its stock climbing 12% following the announcement of promising results from an early-stage clinical trial for its new obesity treatment, amycretin. The Danish pharmaceutical giant...
by Lucas Shum | Dec 2, 2024 | Market News, Technology
Super Micro Computer Inc. (SMCI), a leading maker of high-performance servers, saw its stock price soar over 20% on Monday morning following a holiday weekend announcement that a recent independent review of the company’s business operations had found no evidence of...
by Justin Wong | Nov 1, 2024 | Investing News, Market News, Stock Market
On Friday, Amazon.com Inc. (AMZN) saw its stock surge by 6% in after-hours trading, driven by a robust earnings report that exceeded analyst expectations. The e-commerce giant posted earnings per share (EPS) of $1.43, significantly outperforming the consensus estimate...
by Ming Mui | Oct 29, 2024 | Biotechnology, Investing News, Market News, Medical Use, Pharmaceutical, Stock Market
TransMedics Group, Inc. (TMDX) experienced a dramatic 30% drop in its stock price during early morning trading, despite reporting impressive revenue growth. The company announced total revenue of $108.8 million for Q3 2024, representing a remarkable 64% increase...