March 20, 2025 8:44 am
Key moments Ford is accelerating its AI adoption to shorten vehicle development cycles and enhance competitiveness. The company is exploring the use of AI agents and diverse AI models, including those from DeepSeek, to automate design and engineering processes. Ford is preparing its data centers for the next generation of Nvidia GPUs to support its […]
Read moreMarch 20, 2025 7:54 am
Key moments Within a four-year period, Nvidia will be investing close to $500 billion into American electronics and chip production CEO Jensen Huang highlights the company’s ability to produce its latest Blackwell systems in the U.S. through partnerships with TSMC and Foxconn. Huang expresses concerns regarding the efficacy of U.S. efforts to limit Huawei’s advancements […]
Read moreMarch 20, 2025 6:55 am
Key moments Federal Reserve maintains current interest rate range, affirming projection of two rate cuts for 2025. Major U.S. stock indices, including the Dow, S&P 500, and Nasdaq, experience significant gains following the Fed’s announcement. Federal Reserve Chair Jerome Powell emphasizes the strength of the economy and progress towards inflation targets while acknowledging ongoing economic […]
Read moreMarch 19, 2025 2:57 pm
Key moments On Wednesday, Wipro Limited’s stock rose by 3.50% on the NYSE. Investors reacted positively to Wipro’s announcement of its joint venture with Nvidia for the development of AI services. Transparency is a key factor behind the AI partnership’s goals. Wipro’s Share Price Jumped 3.50% on Wednesday News of Wipro Limited’s collaboration with Nvidia […]
Read moreMarch 19, 2025 2:24 pm
Key moments General Mills reports a 5% year-over-year revenue decrease for Q3, falling below analyst expectations. Adjusted EPS drops by 15%, despite surpassing projections, reflecting broader financial pressures. The company revises its full-year guidance downward, anticipating continued challenges in organic net sales and profitability. General Mills Navigates Market Headwinds, Adjusts Fiscal Outlook General Mills, a […]
Read moreMarch 19, 2025 1:32 pm
Key moments Anticipation builds as S&P 500 futures experience modest gains ahead of the Federal Reserve’s policy announcement. Market volatility persists, with significant losses recorded on Tuesday following a brief period of recovery. Traders closely monitor the Federal Reserve’s economic forecasts, particularly regarding interest rates, GDP, inflation, and employment. Pre-Fed Decision Market Fluctuations and Economic […]
Read moreMarch 19, 2025 12:52 pm
Key moments Signet Jewelers’ stock achieved a substantial 15.53% gain to $55.80 during Wednesday’s pre-market hours. Signet Jewelers delivered adjusted earnings per share of $6.62 and sales of $2.4 billion, higher than market participants were expecting. The substantial uptick in share value reflects a positive market response to both the retailer’s financial performance and its […]
Read moreMarch 19, 2025 12:28 pm
Key moments Shopify announces transition of its U.S. stock listing from the NYSE to the Nasdaq. The change is scheduled to take effect at the end of March, with trading commencing on the Nasdaq on March 31. The company’s listing on the Toronto Stock Exchange will remain unchanged, preserving the existing ticker symbol. Shopify’s Strategic […]
Read moreMarch 19, 2025 11:50 am
Key moments Tencent reports a significant 90% year-over-year profit increase in the fourth quarter of 2024, exceeding market expectations. The company’s gaming division is seeing significant expansion, driven by strong performance in both domestic and international markets, particularly with titles like Honour of Kings and PUBG Mobile. Tencent emphasizes the growing impact of artificial intelligence […]
Read moreMarch 19, 2025 10:07 am
Key moments Yum Brands partners with Nvidia to enhance AI integration across its Taco Bell, KFC, and Pizza Hut restaurants. The collaboration aims to deploy AI-driven order-taking, computer vision, and performance assessments. Yum’s strategic shift involves leveraging Nvidia’s technology while retaining ownership of the AI intelligence through its Byte platform. Yum Brands and Nvidia Forge […]
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