Shares of computer processor maker Intel (NASDAQ:INTC) jumped 8.7% in the morning session after Vice President JD Vance announced at the AI Action Summit in Paris that the US will provide regulatory measures to protect the country's artificial intelligence technologies from "theft and misuse."
Shares of electric vehicle pioneer Tesla (NASDAQ:TSLA) fell 5.2% in the afternoon session after Chinese electric vehicle manufacturer, BYD, unveiled "DiPilot," an assisted driving system (like a smart co-pilot or an extra pair of eyes while driving) that will integrate AI features from DeepSeek (Chinese AI Startup). This move could be seen as a strategic challenge to Tesla, whose Full Self-Driving (FSD - assisted driving) software has yet to receive approval in China. The timing of the announcem
Lattice Semiconductor shares surged Tuesday, a day after the company announced a new CFO and issued first-quarter projections that were above analysts' estimates.
MEXICO CITY (Reuters) -Market conditions are currently not ideal for Mexican airline Aeromexico to list in New York, the firm's CEO said on Tuesday, after plans to go public were delayed last year. Aeromexico CEO Andres Conesa told journalists the carrier would list "as soon as market conditions allow," but did not explain further. "We aren't in a rush," Conesa said, adding the initial public offering (IPO) would come "whenever shareholders decide to sell."
Tesla had its worst year in more than a decade, reporting a 1.1% year-over-year sales loss for 2024.
“Tesla’s brand favorability is at an all-time low, and his polarizing views are alienating core customers,” warned Saxo Bank’s global head of investment strategy.
Fidelity National Information Services shares tumbled Tuesday, leading declines on the S&P 500 after the firm's outlook missed estimates.
Treasury Secretary Scott Bessent recently pledged to “monetize” the U.S. government’s assets.
U.S. equities were mixed and little changed as Fed Chair Jerome Powell didn't make any significant headlines as he gave the first of his two days of testimony before Congress.
Shares of semiconductor packaging and testing company Amkor Technology (NASDAQ:AMKR) fell 11.6% in the pre-market session after the company reported weak fourth-quarter results. Its revenue fell short of Wall Street's estimates, and its revenue guidance for the next quarter missed significantly, indicating a continued slowdown. The decline was primarily driven by weakness in the automotive, industrial, and communications markets. On the other hand, Amkor blew past analysts' EPS expectations thi