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Tag: Briefs

What will happen to Nvidia shares on Monday? – NVIDIA (NASDAQ:NVDA)

A government-backed think tank in China has recommended that the country’s data centers continue to use high-performance chips from Nvidia Corp NVDAWarning of the significant costs associated with switching to domestic alternatives. The report called the transition from Nvidia’s GPUs…

What’s going on with Alibaba shares on Monday? – Alibaba Gr Hldgs (NYSE:BABA)

Alibaba Group Holding Limited BABAalso known as China’s tech barometer, continued to rise on Monday as China announced its stimulus plans last week. China’s central bank plans to cut banks’ reserve requirement ratio (RRR) by 50 basis points, or half…

Lucid, Grifols and Amer Sports are among the top 8 mid-cap stock gainers of the last week (Aug. 18-24): Are the others in your portfolio? – Amer Sports (NYSE:AS), Brookfield Asset Mgmt (NYSE:BAM)

These eight mid-cap stocks were the best performers last week. Are they in your portfolio? Learn more about Lucid Group, Inc. LCID Shares rose 32.91% as the company announced that Lucid Financial Services has expanded its range of financing options…

Full Truck Alliance reports 34% increase in second quarter revenue, signaling continued growth and successful monetization – Full Truck Alliance Co (NYSE:YMM)

Full Truck Alliance Co Ltd YMM reported second-quarter revenue of 2.764 billion Chinese yuan, or $380.379 million, up 34.1% year-on-year, beating forecasts of $373.282 million. Freight brokerage revenues increased 34.4% year-on-year, driven by a significant increase in transaction services and…