CEO Matt Garman said AWS is working with Nvidia to expand access to the chipmaker’s new GB200 semiconductors, which are now available for customers to test.
Speaking at a Bernstein conference, Plant emphasized the need to ramp up production, as one of its largest customers, Boeing, had manufactured more than 40 737 Max jets every month for four consecutive months.
The 2.1% annual inflation rate is close to the Fed’s target of 2.0% annual inflation and the lowest since February 2021 when the PCE inflation rate was 1.8%.
A strong May for U.S. equities is closing on a sour note, after President Donald Trump accused China of "totally" breaching a tariff agreement, raising new fears over trade disputes.
The company said that updated results from the pilot phase indicate that four of eleven patients remained disease progression-free after more than one year.
Litecoin is forming a bullish pattern, as we see an impulsive recovery, followed by a corrective setback that can send the price higher by Elliott Wave Theory.
Rivian shares face volatility from EV market shifts and proposed tax credit eliminations. However, optimism remains due to the R2 model and strategic partnerships.
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Trump is set to deliver his remarks at 5 p.m. ET on Friday at a U.S. Steel facility in Pennsylvania, a key swing state he carried in the 2024 election.
Hyatt introduces Unscripted, a new brand targeting upscale travelers with locally rooted experiences. Its expansion strategy leads to financial growth.
Shares of beauty, cosmetics, and personal care retailer Ulta Beauty (NASDAQ:ULTA)
jumped 11.8% in the morning session after the company reported an impressive "beat and raise" quarter. Ulta blew past analysts' sales, EPS and EBITDA expectations during the quarter (Q1 2025).
NetApp (NTAP) reported Q4 results, beating sales estimate with $1.73 billion and adjusted EPS of $1.93. Analysts lower price targets, but company remains confident in long-term growth.
Shares of biotech company Regeneron (NASDAQ:REGN)
fell 19% in the afternoon session after the company announced mixed results from its Phase 3 trials for itepekimab, an experimental drug for Chronic Obstructive Pulmonary Disease (COPD).
Shares of data-mining and analytics company Palantir (NYSE:PLTR)
jumped 5.7% in the afternoon session after the New York Times reported on the company's expanded contracts with the US government, providing more insights into the depth and breadth of Palantir's government work, which included streamlining data sharing across government agencies under the Trump administration.
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL)
fell 6.3% in the afternoon session after the company reported underwhelming first quarter 2025 results: sales and earnings were roughly in line. Free cash flow margin also shrank, and full-year EPS guidance was mostly in line. Overall, this was a mixed quarter.
