Samuel Nwite
AUTHOR: Samuel Nwite
Cerebras Shares Sink 14% Despite Raised Forecast as AI Chipmaker Bets on Fast Inference
Cerebras Systems raised its full-year revenue forecast and posted a smaller-than-expected adjusted loss in its second earnings report as a public company, but shares...
Shein Loses London Copyright Case Against Rival Temu as Legal Battle Escalates
Fast-fashion giant Shein lost a London lawsuit against rival Temu on Thursday after a British court dismissed its copyright infringement claims over the use...
Cisco Shares Fall Despite Earnings Beat and Strong AI-Driven Forecast
Cisco shares fell in extended trading Wednesday even after the networking equipment maker reported better-than-expected fourth-quarter results and issued revenue guidance that significantly exceeded...
Lenovo Revenue Surges 43% as AI Hardware Boom and Memory Shortage Drive Record Growth
Lenovo Group reported its strongest quarterly revenue growth in five years, sending shares sharply higher on Thursday as the world's largest PC maker benefited...
Bank of America to Take Up to 49.9% Stake in Jio Credit for $1.92...
Bank of America is set to acquire as much as a 49.9% stake in Jio Financial Services' non-bank lending business for 182.68 billion rupees...