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Quantum computing stocks soar, then fall, in holiday week trading. What’s up with D-Wave, Rigetti, and IonQ?
[ad_1] Santa keeps delivering for quantum computing investors this year. On Monday, shares of well-known quantum computing firms shot up by double digits, with D-Wave Quantum stock up almost 15%...
Nvidia partner Hon Hai’s sales soar in sign AI demand persists
[ad_1] [TAIPEI] Hon Hai Precision Industry’s revenue rose 26 per cent in November, suggesting demand for Nvidia servers remains strong during an AI development boom.The company known also as Foxconn...
MetaOptics shares soar nearly 14% on proposed share placement
[ad_1] Proceeds are expected to strengthen the group’s financial position and expand its capital base to support a growing pipeline of global orders[SINGAPORE] Shares of semiconductor optics company MetaOptics soared...
OKP shares soar as much as 7.5% on proposed bonus share issue
[ad_1] [SINGAPORE] Shares of industrial and civil engineering company OKP jumped as much as 7.5 per cent on news of its proposed bonus issue of up to 231.3 million shares.The...
Couple rakes in US$9 billion as AI circuit board shares soar 530%
[ad_1] [HONG KONG] When Nvidia chief executive officer Jensen Huang hosted a private banquet for suppliers in Taiwan in May, the room was packed with some of the biggest names...
Amid AI frenzy, concerns mount over sustainability of equity rally as valuations continue to soar
[ad_1] The bulls say the AI boom is unlike the dotcom boom in that the main players this time are extremely profitable giants such as Microsoft, Alphabet, Amazon and MetaWITH...
Shares of JB Foods, Food Empire soar on positive earnings
[ad_1] [SINGAPORE] Shares of food exporters in Singapore JB Foods and Food Empire on Thursday (Nov 13) jumped significantly in early trade following their positive financial results. JB Foods shares’...
OCBC shares soar 3.8% after posting Q3 earnings that beat expectations
[ad_1] [SINGAPORE] Shares of OCBC jumped 3.8 per cent on Friday (Nov 7) morning after the release of its financial results for the third quarter ended September. At market open,...
Uber misses on profit even as rideshare, delivery trips soar
[ad_1] The company says that adjusted Ebitda for the fourth quarter will be US$2.41 billion to US$2.51 billion[SAN FRANCISCO] Uber Technologies shares fell after the company posted a miss on...
Data storage firms Western Digital, Seagate soar on AI-driven demand spike
[ad_1] [NEW YORK] Shares of data storage companies such as Seagate and Western Digital (WDC) have sharply outperformed the broader market this year, powered by the staggering demand for hard...
