August 7, 2019

AMD lands Google, Twitter as customers with newest server chip

Advanced Micro Devices Inc on Wednesday released the second generation of its processor chip for data centers and said that it had landed Alphabet Inc’ Google […]
August 7, 2019

Hedge fund Hoplite Capital plans to shut down – letter

Hedge fund Hoplite Capital is returning money to outside clients after a period of sluggish returns, the firm’s founder, John Lykouretzos, told investors in a letter […]
August 7, 2019

Chemicals maker Albemarle profit beats, raises 2019 earnings forecast

Albemarle Corp beat quarterly profit estimates on higher demand for bromine and raised its 2019 adjusted profit forecast on Wednesday, sending shares of the world’s largest […]
August 7, 2019

Broadcom in advanced talks to buy Symantec’s enterprise business: sources

Chipmaker Broadcom Inc is in advanced talks to buy Symantec Corp’s enterprise business, according to people familiar with the matter. Powered by WPeMatico
August 7, 2019

Medicare to cover expensive cancer cell therapies

The U.S. Centers for Medicare and Medicaid Services (CMS) on Wednesday said it has finalized a decision to cover expensive cancer cell therapies sold by Gilead […]
August 7, 2019

Silver lining to U.S. market sell-off: Fundamentals still seem to matter

U.S. companies posting strong earnings are still winning laurels from investors, even amid the broad stock sell-off over the last week, suggesting that the kind of […]
August 7, 2019

Samsung’s new Note takes on Huawei in selfie beauty pageant

Samsung unveiled a new version of the Galaxy Note smartphone on Wednesday with fast 5G network connection and improved camera features, hoping the premium model helps […]
August 7, 2019

Lyft raises forecast for 2019 as price war with Uber eases, ridership rises

Lyft Inc posted a jump in revenue on Wednesday in its second-quarter results, allowing the ride-hailing company to lift its forecasts as more riders used the […]
August 7, 2019

Lithium producer Albemarle raises 2019 adjusted profit forecast

Albemarle Corp raised its 2019 adjusted profit forecast after posting a 10% jump in the second quarter on Wednesday, as the world’s largest lithium producer sold […]
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