[ad_1] Men interact with a Baidu AI robot near the company logo at its headquarters in Beijing, China April 23, 2021. Florence Lo | Reuters BEIJING — Chinese tech giant Baidu reported Tuesday third-quarter revenue that beat expectations, although growth was slower than during the previous three months. The company’s U.S.-listed shares were up around … Read more
[ad_1] Plaid’s new head of Europe, Brian Dammeir. Plaid U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company told CNBC exclusively. Dammeir was previously Adyen’s global head of unified commerce, a role he led out of the Dutch payment company’s San Francisco office. Dammeir … Read more
[ad_1] Check out the companies making headlines in midday trading. Nvidia — Nvidia shares fell 1.9%. Reuters , citing sources, reported that Nvidia notified its China clients that it will delay until next year a new artificial intelligence chip designed to comply with U.S. export restrictions. Fisker — Shares of the electric vehicle startup jumped … Read more
[ad_1] Check out the companies making headlines before the bell: iRobot — The stock surged 30% after a Reuters report , citing sources familiar with the matter, said Amazon is about to win regulatory approval in the European Union to move forward with its $1.4 billion acquisition of the robot vacuum maker. Nvidia — Nvidia … Read more
[ad_1] Check out the companies making the biggest moves midday: Amazon — The e-commerce behemoth slipped 1.53% after CNBC’s David Faber reported founder and Executive chair Jeff Bezos is expected to be “aggressive” in selling more shares of Amazon. The total sale could amount to more than $1 billion, sources told Faber. Burlington Stores — … Read more
[ad_1] BYD’s Han electric car, pictured here at the 2021 Shanghai auto show, is one of the most popular new energy vehicles in China. Evelyn Cheng | CNBC BEIJING — Chinese electric car company BYD said Friday that it launched its flagship Han sedan in the United Arab Emirates this week. It wasn’t immediately clear … Read more
[ad_1] Check out the companies making headlines after hours. Nvidia — Nvidia declined about 1% after the chip giant topped fiscal third-quarter expectations and issued strong revenue guidance. Nvidia reported adjusted earnings of $4.02 per share on revenue of $18.12 billion. Analysts polled by LSEG, formerly Refinitiv, had expected per-share earnings of $3.37 on revenue … Read more
[ad_1] Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett donated more than $870 million in Berkshire Hathaway stock to four family foundations before Thanksgiving, assuring investors in a letter that the conglomerate is … Read more
[ad_1] U.S. President Joe Biden and Chinese President Xi Jinping at Filoli estate on the sidelines of the Asia-Pacific Economic Cooperation summit in Woodside, California, on Nov. 15, 2023. Kevin Lamarque | Reuters BEIJING — U.S. President Joe Biden’s meeting with Chinese President Xi Jinping last week has set a bottom line in the relationship … Read more
[ad_1] An undated photo of a signage at Singapore state investor Temasek Holdings’ headquarters in the Southeast Asian city-state. Bryan van der Beek | Bloomberg | Getty Images Singapore’s Temasek Holdings warned that scammers are allegedly trying to sell financial investment products or instruments to unsuspecting individuals while posing as agents of the firm’s office … Read more
