Author: Will Smith
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WiSA Stock Soars 50% on Major Deal with HDTV/PTV Brand
WiSA stock is experiencing a significant surge in its stock price, climbing by an impressive 50% following the announcement of a pivotal licensing agreement with a major HDTV/PTV brand. The agreement marks the fourth such partnership for WiSA Technologies, underlining its growing prominence in the audio technology sector. The deal entails a licensing agreement that…
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Arm Stock Decline After ASML’s Disappointing Earnings Report
Arm stock encountered a tumultuous day on the stock market, witnessing a significant downturn amidst a broader sell-off in the artificial intelligence (AI) sector. The catalyst for this downturn was a lackluster earnings report from ASML Holdings (NASDAQ: ASML), which sent shockwaves through AI-related stocks. Arm, renowned for its highly efficient CPU architecture, bore the…
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Can SMCI Stock be the Best Performing Stock Again in Q2?
SMCI stock soared to the top of the charts in Q1 as the best-performing company on the US blue-chip stock market, delivering staggering returns to investors. With an impressive 767% surge over the past year and a remarkable 235% increase since the beginning of this year, Super Micro’s ascent has been nothing short of meteoric.…
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ASML Shares Drop 5% As Q1 Results Fall Short of Expectations
ASML shares, a critical chip manufacturing firm, experienced a 5% decline as the company fell short of sales forecasts for the first quarter of 2024. Despite maintaining its full-year outlook, ASML shares dropped approximately 4.5% in early European trade following the disappointing results. The company’s net sales reached 5.29 billion euros ($5.62 billion), falling short…
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The Global Stock Market Is Down Today! Why?
Today, the global stock market saw a notable decline, with major indices such as the FTSE 100 experiencing a 1.4% drop at the start of trading. Analysts attribute this significant downturn to several key factors, chief among them being escalating tensions in the Middle East following a recent attack on Israel by Iran. Investors, wary…