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Month: May 2024

Cryptocurrencies

Analysts revise Shopify stock price target after earnings

In boxing there’s a move called the pull counter, where the fighter pulls back from an opponent while throwing a counterpunch.  It can be an effective technique — just ask Floyd Mayweather — but it does require good timing. Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

Analyst adjusts Nvidia stock price target ahead of earnings

Just remember: You can’t spell Nvidia  (NVDA)  with AI. The Santa Clara, Calif., chip giant has pretty much become synonymous with the artificial intelligence revolution. Nvidia makes graphics-processing units, or GPUs, which play a crucial Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

One more National Park has made it more difficult for you to visit

While National Parks have always had a very dedicated fan base, the number of visitors has soared to new heights after the pandemic and generally stayed steady even as international travel also became possible. Many set Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

Hertz charged a loyal customer a $277 surcharge for gas in a Tesla rental

Extra fees and charges are almost expected when it comes to the expenses related to traveling. An extra checked bag here, an overweight bag there, cleaning fees — and don’t get me started on the price Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

UBS issues apocalyptic report about store closures, bankruptcies

If you’ve visited an indoor shopping mall recently, chances are, it didn’t look like it was in its prime.  Mall foot traffic is plummeting, and it’s not all because of the rise of online shopping. Read more…

By , 1 year ago May 9, 2024
digital

Apple plans to use M2 Ultra chips in the cloud for AI

Illustration: The Verge Apple plans to start its foray into generative AI by offloading complex queries to M2 Ultra chips running in data centers before moving to its more advanced M4 chips. Bloomberg reports that Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

Consumers turn to deals as housing costs soar

TheStreet’s Conway Gittens brings the latest business headlines from the floor of the New York Stock Exchange as markets close for trading Thursday, May 9. Related: Stock Market Today: Stocks turn higher on soft job Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

U.S. Government one step closer to banning Chinese EV imports

U.S. Commerce Secretary Gina Raimondo warns that “extreme action” could be taken in the form of a ban, on the topic of Chinese connected vehicles, which could spell doom for Tesla  (TSLA)  competitors like Geely  (GELYF)  and Read more…

By , 1 year ago May 9, 2024
digital

Apple apologizes for iPad ‘Crush’ ad that ‘missed the mark’

Image: Apple Apple has apologized after a commercial meant to showcase its brand-new iPad Pro drew widespread criticism among the creative community. In a statement provided to Ad Age, Tor Myhren, Apple’s vice president of Read more…

By , 1 year ago May 9, 2024
Cryptocurrencies

The most notable business bankruptcies of 2024 (so far …)

Corporate bankruptcies are exceedingly common. 18,926 U.S. businesses filed for bankruptcy in 2023 alone — that’s an average of almost 52 per day. And while many bankruptcies precede a business’s permanent closure, some companies successfully Read more…

By , 1 year ago May 9, 2024

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