Heather Erickson

TMN - AMD

AMD Stocks Rose amid Strong Q4 2022 Earnings Results

On Tuesday, AMD unveiled a strong financial report for the fourth quarter of 2022, pushing its stocks higher. These gains are expected to improve in the second half, motivating investors who saw it rising against its rival Intel. Advanced Micro Devices’ share prices ended higher on January 31 by 3.73% to $75.15 apiece. Also, it …

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sugar

Sugar Prices Hit Six-Month High amid India’s Production Woes

On Monday, raw sugar futures hit their highest level in six years amid tight supply worries on India’s weak production outlook. The price of US sugar #11 contracts rose by 1.15% to $0.21 per pound, hitting the highest level since 2017. Likewise, the London futures increased by 1.125 to $0.30 per pound, reaching a one-month …

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samsung

Samsung Unveiled Weak Profit in Q4 2022 amid Economic Woes

On Tuesday, Samsung Electronics announced that its profit in the fourth quarter of 2022 hit an eight-year low amid a global economic slowdown. The South Korean tech giant recorded a 69.00% or $3.50 billion decline in operating profits. This latest data represents the lowest reading since the third quarter of 2014. Besides, the revenue of …

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Technology

Baidu Reportedly Plans Launching ChatGPT-Like AI Chatbot

Chinese search giant Baidu Inc. is reportedly looking to launch an artificial intelligence (AI) chatbot service similar to OpenAI’s ChatGPT, potentially making it a major entry in the race to adopt AI. A source with knowledge of the matter stated that Baidu is aiming for March to roll out the service as a standalone application …

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gasoline

Diesel and Gasoline Prices to Rise in Pakistan

On Sunday, Pakistan’s Finance Ministry announced to lift diesel and gasoline prices by 35 rupees or $0.14 a liter. This decision came after the nation’s currency value dropped by 12.00% last week following the price cap’s removal. The International Monetary Fund opposed the slashing of diesel and gasoline price caps. Hence, it will visit the …

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Tesla’s Market Value of 2020, tesla

Tesla Unveils Q4 2022 Data, Confirms Cybertruck Production

Tesla’s stocks could rally on Thursday after it unveiled mixed fourth-quarter earnings data and confirmed the production of its cybertruck. The electric vehicle (EV) maker ended Wednesday’s session by gaining 0.38% to $144.43 per share. It could increase further by 7.26% to $154.92 apiece in the upcoming stretch. On January 25, Tesla said its EPS …

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TMN - Twitter

Twitter Teams Up with IAS, DoubleVerify for Brand Safety

Twitter Inc. has updated its partnerships with ad-tech companies Integral Ad Science (IAS) and DoubleVerify Holdings Inc. to determine whether advertisers’ ads have been placed around unsafe or unsuitable content. The team-up came at a time when the US social media giant is facing weakness in revenue, as advertisers cut their spending on the platform …

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TMN - Wheat

Wheat Rose Amid Escalation Worries on Russia-Ukraine War

On Thursday, wheat prices traded higher amid the market’s concerns about the intensification of Russia’s Ukraine invasion. In the early Asian session, the US futures for March delivery increased by 0.05% to $739.90 per metric ton. Likewise, the Chicago Board of Trade (CBOT) contract for mild red winter rose by 6-¾ cents at $7.41-¼ a …

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