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Why Is VinFast Stock Falling Today?
Tuesday, May 21, 2024 - 11:24am | 433Read More...VinFast Auto Ltd. (NASDAQ:VFS) shares are falling on Tuesday on reports of a U.S. regulator investigation into a crash involving a VF 8 vehicle. The National Highway Traffic Safety Administration (NHTSA) will reportedly probe certain events surrounding the...
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AI Startup Scale Secures $1B From Investors Including AMD, Amazon & Meta, Doubling Valuation To $13.8B
Tuesday, May 21, 2024 - 11:11am | 682Read More...Scale AI Inc. has announced that it has closed a $1 billion financing transaction at a $13.8 billion valuation. The financing was led by existing investor Accel with nearly all of Scale’s other existing investors, including Y Combinator, Nat Friedman, Index Ventures,...
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Ford Endorses Biden's Emission Rules Even As Republicans Oppose: Report
Tuesday, May 21, 2024 - 10:45am | 544Read More...Ford Motor Co. (NYSE:F) has reportedly provided its support for the Biden administration’s initiative to significantly reduce vehicle emissions by 2032. This stance directly opposes Republican claims that the new environmental regulations are detrimental to business,...
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Eli Lilly Secures China Nod For Popular Weight Loss/Diabetes Drug Tirzepatide
Tuesday, May 21, 2024 - 9:36am | 544Read More...On Tuesday, Eli Lilly And Company (NYSE:LLY) announced that Chinese regulators have approved its diabetes drug tirzepatide. This approval sets the stage for heightened competition with Novo Nordisk A/S (NYSE:NVO) in the crucial Asian market. Tirzepatide, known...
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Alibaba Sparks AI Price War With Massive Discounts: Report
Tuesday, May 21, 2024 - 9:23am | 737Read More...In a major move, Alibaba Group Holding Ltd (NYSE:BABA) slashed prices on its artificial intelligence services by up to 97%, prompting immediate reactions from competitors Baidu Inc (NASDAQ:BIDU) and ByteDance Ltd. This aggressive pricing strategy is...
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ASML and Taiwan Semi Prep for Potential China-Taiwan Conflict with Remote Shutdown Feature
Tuesday, May 21, 2024 - 9:19am | 633Read More...ASML Holding NV (NASDAQ:ASML) and Taiwan Semiconductor Manufacturing Co (NYSE:TSM) can remotely turn off their sophisticated chipmaking machines if China invades Taiwan, Bloomberg reports. U.S. government officials have discussed with Dutch and Taiwanese authorities the...
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Despite US-China Tensions, Baidu Boosts Ties with Apple and Tesla For Major Role in AI and Autonomous Tech
Tuesday, May 21, 2024 - 8:43am | 529Read More...Baidu Inc (NASDAQ:BIDU) is forming tighter connections with U.S. tech giants like Apple Inc (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA), leveraging China’s overseas data transfer restrictions to expand its focus beyond its traditional search business....
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ChatGPT Parent Open AI Partners With Sanofi, Formation Bio To Boost AI-Driven Drug Development
Tuesday, May 21, 2024 - 8:24am | 446Read More...Tuesday, French drugmaker Sanofi SA (NASDAQ:SNY) announced its collaboration with OpenAI and Formation Bio to accelerate drug development projects. Also Read: Drugmaker Sanofi’s Strong Dupixent And Beyfortus Vaccine Sales Propel Q1 Earnings. Sanofi said the...
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Visa And Mastercard Under Scrutiny For Fee Increases In The UK - What's On The Cards?
Tuesday, May 21, 2024 - 8:15am | 556Read More...Visa Inc. (NYSE:V), Mastercard Inc. (NYSE:MA), and their increasing fees on retailers have not resulted in significant service improvements, according to the provisional findings of Britain’s Payment Systems Regulator (PSR). The PSR expressed concerns that...
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Beyond Meat Faces Setback As Carl's Jr. And Del Taco Drop Products: Report
Tuesday, May 21, 2024 - 6:35am | 548Read More...Beyond Meat Inc. (NASDAQ:BYND) is reportedly facing significant challenges as two of its early adopters, Carl’s Jr. and Jack In The Box Inc (NASDAQ:JACK) owned Del Taco Restaurants Inc., have removed its plant-based beef from many locations. The shift reflects a...











