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Spotify’s Billionaire CEO Daniel Ek Kicks Off 2025 With Another Massive Stock Sale

Daniel Ek, Spotify’s CEO and co-founder, has started 2025 with another significant financial move, selling $27.8 million worth of company shares on January...

Media

Sonos CEO Ousted After Disastrous App Update Fiasco That Cost Company Millions

In a significant leadership shakeup, Sonos CEO Patrick Spence has stepped down effective immediately, following an eight-month crisis triggered by a catastrophic app...

Media

Harbor Capital Makes Strategic Investment: Acquires 80,208 Shares in IT Infrastructure Giant Kyndryl Holdings

In a significant move that underscores growing investor confidence in IT infrastructure services, Harbor Capital Advisors Inc. has established a new position in...

Media

Super Micro Computer Stock Edges Lower Amid Market Volatility and AI Infrastructure Boom

Super Micro Computer (SMCI) stock closed at $32.60 on Friday, registering a marginal decline of 0.03% from its previous close. This slight dip comes...

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AMD Stock Plummets as Multiple Analysts Downgrade on AI Competition Concerns

Advanced Micro Devices (AMD) has faced a series of setbacks as multiple prominent Wall Street firms downgraded their outlook on the semiconductor giant’s...

Media

Joby Aviation Stock Tumbles as JPMorgan Sounds Alarm Amid Recent Rally and Chinese Drone Ban Optimism

The electric vertical takeoff and landing (eVTOL) sector is experiencing significant volatility as Joby Aviation (NYSE: JOBY) shares declined sharply following a JPMorgan...

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Taiwan Semiconductor Surges on Q4 Earnings Beat as AI Demand Fuels Growth

Taiwan Semiconductor Manufacturing Co. (TSM) delivered another stellar quarter, with Q4 2024 revenue surging 34.4% year-over-year to NT$868.42 billion ($26.36 billion), handily beating...

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Quantum Computing Reality Check: Rigetti Stock Plummets 49% After Nvidia CEO’s Sobering Timeline Prediction

In a dramatic turn of events, Rigetti Computing, Inc. (NASDAQ: RGTI) experienced a devastating blow to its stock value on Wednesday, with shares...

Adobe
Business

Adobe Shares Drop 12% After Lowering Revenue Outlook

Shares of Adobe experienced a significant drop of over 12% on Thursday, marking the company’s steepest decline in almost nine months. This sharp...

AMD
Business

AMD Shares Slide on Mixed Earnings Reaction

Advanced Micro Devices (AMD) narrowly surpassed Wall Street expectations in its latest earnings report, but its stock took a hit in after-hours trading...