Snowflake stock jumps 14% on earnings beat, optimistic guidance; analysts raise PTs
Snowflake shares soared 14% during Thursday premarket trading after the cloud data platform beat Q2 earnings estimates and raised its revenue forecast…
China’s Cambricon turns the heat on Nvidia after delivering 44-fold revenue surge
Chinese AI chip company Cambricon Technologies delivered some impressive numbers that have everyone talking. The company saw its revenue skyrocket by 4,400%…
Sanctioned Russian Arctic LNG 2 cargo faces sanctions test with China delivery
On Thursday, a tanker laden with liquefied natural gas (LNG) from Russia’s sanctioned Arctic LNG 2 plant arrived at an import terminal…
Dow futures trade in green on Thursday: 5 things to know before Wall Street opens
Dow futures edged higher on Thursday, showing investors are feeling pretty decent about what’s coming down the pipeline. The futures were up…
Google Cloud enters $30 trillion payments race with blockchain ledger GCUL
Google Cloud has stepped into financial technology with the launch of its new blockchain platform, Google Cloud Universal Ledger (GCUL). The system,…
Mitsubishi exits Japanese offshore wind projects citing soaring costs
Mitsubishi Corp announced Wednesday it will pull out of three Japanese offshore wind power projects, citing soaring costs, a move that undermines…
Despite August dip, India’s crude imports poised for sharp rebound
India’s crude oil imports are expected to drop to 4.3 million barrels per day (bpd) in August, a decrease of 300,000 bpd…
Private equity deals in Japan hit $27.6 billion by August, on track for record year
According to a Reuter’s report, Japan is on track to see record-breaking take-private deals this year, with transactions expected to exceed the…
Dow futures flat ahead of Nvidia Q2 earnings: 5 things to know before Wall Street opens
The markets felt pretty tense this morning as Dow Futures barely moved from yesterday’s close. The investors are holding their breath waiting…
Ørsted stock rebounds 5% from record lows: why analysts are split on future outlook
Ørsted stock (CPH: ORSTED) rebounded 5% on Tuesday from record low levels it touched after US government pulled the plug on a…
