Fundstrat’s Tom Lee listed “China hawks,” frontier labs, Nvidia competitors, “anti-AI people,” and short sellers among the groups that could potentially want Huang removed.
The cuts, which affected staff marketing the asthma drugs Breztri and Airsupra, mark an early step in the company’s three-year cost-saving program, Bloomberg reported.
Institutional buyers in mainland China and Hong Kong are largely blocked from Anthropic’s landmark public offering due to U.S. defense-trade regulations, Bloomberg reported.
In an interview with CNBC, Cisco CEO Chuck Robbins said the sequential decline in the company’s second-quarter revenue outlook reflects a seasonal pattern, not a deterioration in demand.
OpenAI's new payment wallet requires biometric approval for purchases and comes as the ChatGPT maker considers a potential initial public offering in 2027.
In an interview with CNBC, Treasury Secretary Scott Bessent said Nvidia’s board should conduct a thorough investigation into its customer-screening procedures and potential use of pass-through companies.
Dan Ives told Bloomberg that Nvidia faces a critical leadership test following Huang's resignation, while naming Tim Cook and Google's Thomas Kurian as potential successors.
Wall Street weighed the impact of a delayed regulatory filing, with Canaccord stating that the delay could be due to differences between the drug used in Phase 3 trials and the version intended for commercial production.
The Committee for Medicinal Products for Human Use confirmed its recommendation to refuse marketing authorisation for the medicine following a re-examination.
According to CNBC, Commerce Secretary Howard Lutnick has agreed to appear voluntarily before the Senate Banking Committee on December 10 to discuss his department’s oversight of Nvidia’s chip exports to China.
MN Fund founder Michael van de Poppe said a Bitcoin rebound could help spark another rally in altcoins, particularly tokens that had performed well in August.
Microsoft said it is completing recovery measures across parts of its affected infrastructure in the Asia-Pacific region before extending it to other regions.
The Yardeni Research President said Washington could tighten chip export controls and close loopholes that let Chinese companies remotely access Nvidia-powered computing capacity.
Investors head into Friday amid uncertainty around tech stocks, mixed earnings reactions and concerns over Middle East tensions, with October’s PPI inflation data also in focus.
Candel said it is in continuing dialogue with the FDA regarding the Biologics License Application (BLA) submission for aglatimagene in intermediate- to high-risk localized prostate cancer.
Chipmaker Cerebras Systems Inc. posted record third-quarter revenue and issued a stronger-than-expected fourth-quarter sales forecast, fueled by surging cloud demand.
TSLA stock opened on Thursday nearly 1.2% lower, before closing 2% higher as investors reacted to the possibility of the largest corporate combination in history.
Wells Fargo warns that massive corporate borrowing to fund AI infrastructure is straining the $15 trillion investment-grade bond market, and investors are pushing back.