BEIJING, May 28 (Reuters) - China's BYD announced new service packages aimed at encouraging more drivers to use its 'God's Eye' assisted-driving system on Thursday. The move marks the latest push by the world's largest EV maker to build trust in assisted-driving and boost adoption of its three-tier God's Eye system, as price pressure mounts, domestic demand slows and profits fall. Chairman Wang...
BEIJING, May 28 (Reuters) - China's BYD announced new service packages aimed at encouraging more drivers to use its 'God's Eye' assisted-driving system on Thursday. The move marks the latest push by the world's largest EV maker to build trust in assisted-driving and boost adoption of its three-tier God's Eye system, as price pressure mounts, domestic demand slows and profits fall. Chairman Wang Chuanfu said the carmaker aimed to achieve "zero traffic accidents" through intelligent-driving technology. BYD said it would fully cover compensation and repairs for any accidents arising when drivers use its City Navigation function, without affecting their insurance premiums the following year, in one of its pledges to deploy assisted driving systems more widely. BYD's quarterly profit recently posted its steepest decline since 2020, even as the company rolls out new technology. Its major battery upgrade, the first in six years, has failed to reverse the slowdown in domestic sales. On Thursday, the company also showed off a new self-developed 4-nanometer chip that supports L3 and L4 autonomous driving. Global rival Tesla is still awaiting full regulatory approval to deploy its most advanced driver-assistance features in China, while domestic peers such as Xpeng, Nio and Li Auto have accelerated the roll-out of AI-based systems that use large driving models and real-world scenario training. Wang said its budget models could be upgraded to God's Eye B smart-driving capability at a price of 12,000 yuan ($1,770.02). ($1 = 6.7796 Chinese yuan renminbi) (Reporting by Zhang Yan, Ju-min Park, Qiaoyi Li; Editing by Joe Bavier and Elaine Hardcastle)
Grupo Supervielle press release ( SUPV ): Q1 adjusted net income of AR$6.7B. Q1 net interest income was AR$212.6B, compared to AR$267.1B in 4Q25. More on Grupo Supervielle Grupo Supervielle S.A. (SUPV) Presents at 19th Annual LatAm CEO Conference - Slideshow Grupo Supervielle S.A. (SUPV) Presents at UBS BB Argentina One-on-One Conference 2026 - Slideshow Grupo Supervielle S.A. 2026 Q1 - Results - ...
Grupo Supervielle press release ( SUPV ): Q1 adjusted net income of AR$6.7B. Q1 net interest income was AR$212.6B, compared to AR$267.1B in 4Q25. More on Grupo Supervielle Grupo Supervielle S.A. (SUPV) Presents at 19th Annual LatAm CEO Conference - Slideshow Grupo Supervielle S.A. (SUPV) Presents at UBS BB Argentina One-on-One Conference 2026 - Slideshow Grupo Supervielle S.A. 2026 Q1 - Results - Earnings Call Presentation Grupo Supervielle reports Q1 results Grupo Supervielle outlines 25%-30% loan growth target for 2026 as margins recover and capital strengthens
Everyone’s chasing obvious AI semiconductor names. NVIDIA (NASDAQ:NVDA) sits at a $5.15 trillion market cap. Taiwan Semiconductor Manufacturing (NYSE:TSM) is up 39% year to date. And Micron Technology (NASDAQ:MU) just crossed $1 trillion in market cap, joining SK Hynix and Samsung in a memory club that suddenly looks unkillable. On a recent episode of The ... Forget Nvidia and Taiwan Semiconductor...
Everyone’s chasing obvious AI semiconductor names. NVIDIA (NASDAQ:NVDA) sits at a $5.15 trillion market cap. Taiwan Semiconductor Manufacturing (NYSE:TSM) is up 39% year to date. And Micron Technology (NASDAQ:MU) just crossed $1 trillion in market cap, joining SK Hynix and Samsung in a memory club that suddenly looks unkillable. On a recent episode of The ... Forget Nvidia and Taiwan Semiconductor. This $1 Trillion Memory Play Just Soared 90% in 2.5 Months.
Micron Technology's (MU +3.50%) meteoric rise over the last year marks more than just a generic bullish upgrade in the semiconductor industry. Micron's ascent is a symbolic rebuke to a long-held belief that memory chip demand is trapped in boom-and-bust cycles. Let's dive into the structural changes shifting the memory market and understand how Micron is becoming a key enabler of the artificial in...
Micron Technology's (MU +3.50%) meteoric rise over the last year marks more than just a generic bullish upgrade in the semiconductor industry. Micron's ascent is a symbolic rebuke to a long-held belief that memory chip demand is trapped in boom-and-bust cycles. Let's dive into the structural changes shifting the memory market and understand how Micron is becoming a key enabler of the artificial intelligence (AI) infrastructure revolution. Why is the memory market volatile? For years, the memory semiconductor industry has been vulnerable to sharp cyclical swings. Demand for DRAM and NAND flash storage is traditionally tied to patterns around consumer electronics upgrades. During boom periods, chipmakers ramp up production to capture market share across PCs, smartphones, and data centers. Unfortunately, this strategy often leads to oversupply -- resulting in steep price declines that can erode profit margins for several quarters or even years. Lead times for new fabrication plants further exacerbate mismatches between supply and demand, thereby creating a self-reinforcing loop of volatile business performance. As a result, investors historically applied low valuation multiples to memory stocks to reflect the unpredictable nature of these businesses. Expand NASDAQ : MU Micron Technology Today's Change ( 3.50 %) $ 31.34 Current Price $ 927.22 Key Data Points Market Cap $1.0T Day's Range $ 888.16 - $ 955.75 52wk Range $ 92.22 - $ 956.16 Volume 40.9K Avg Vol 47.6M Gross Margin 58.54 % Dividend Yield 0.05 % AI is turning memory into a structural narrative Unlike past cycles plagued by lumpy discretionary spending, AI infrastructure requires continuous high-bandwidth memory (HBM) supply to power clusters of graphics processing units (GPUs) in massive training and inference workloads. Major hyperscalers such as Amazon, Microsoft, Alphabet, and Meta Platforms are accelerating data center build-outs. Micron's specialties across DRAM and HBM have become critical enablers of nex...
CoreWeave ( CRWV ) said it has launched unified agentic AI capabilities that accelerate progress toward the superintelligence loop, a closed feedback loop between training and inference. AI inference is a process where a trained AI model uses its learned knowledge to make predictions or conclusions on new, unseen data. The AI infrastructure solutions provider said that with reinforcement learning,...
CoreWeave ( CRWV ) said it has launched unified agentic AI capabilities that accelerate progress toward the superintelligence loop, a closed feedback loop between training and inference. AI inference is a process where a trained AI model uses its learned knowledge to make predictions or conclusions on new, unseen data. The AI infrastructure solutions provider said that with reinforcement learning, production inference, agent observability, and autonomous improvement working as one closed loop, agents not only become more reliable, they compound in capability over time. The company said that until now, training reliable AI agents meant running lengthy offline evaluations for months before releasing them to real users for inference. This process was slow, and the agents often failed because the eval datasets couldn't cover all possible real-world scenarios. CoreWeave said it eliminates this bottleneck, enabling enterprises to close the loop between training and inference. Now agents learn and improve as they operate in the real world, the company added. "Enterprises that put agents in production first and let them continuously improve from real-world experience aren't just building more reliable AI, they're accelerating the path to superintelligence," said Chen Goldberg, executive vice president of Product and Engineering at CoreWeave. CoreWeave said it integrates four capabilities into a single closed loop: the company's Serverless Reinforcement Learning, or RL, enables enterprises to post-train large language models for reliability on multi-turn agentic tasks without provisioning or managing infrastructure; CoreWeave Inference is designed to operate as a controllable, continuously running workload; visibility across every agent at scale; and Weights and Biases, or W&B, Skills and MCP server turn general-purpose coding agents into AI researchers and agent builders that work around the clock to help create reliable agents autonomously. Shares of CoreWeave rose about 4...
(RTTNews) - Apogee Enterprises, Inc. (APOG), a provider of architectural building products and services, Thursday announced that it has agreed to acquire Kalwall Companies from the Keller family for up to $115 million, on a cash free and debt free basis. As per the agreement, the purchase price consists of 105 million cash at close and up to $10 million cash will be contingent on the financial per...
(RTTNews) - Apogee Enterprises, Inc. (APOG), a provider of architectural building products and services, Thursday announced that it has agreed to acquire Kalwall Companies from the Keller family for up to $115 million, on a cash free and debt free basis. As per the agreement, the purchase price consists of 105 million cash at close and up to $10 million cash will be contingent on the financial performance of the company through the end of the third quarter of fiscal 2027. The transaction will be funded using cash and the Apogee's existing credit facility. Kalwall is a manufacturer of high-performance translucent daylighting solutions and Apogee intends to integrate Kalwall into its Architectural Glass segment to create a high-performance substrate offering for building envelope solutions. The deal is expected to be accretive to Apogee's adjusted diluted EPS in the first year. Further, Apogee anticipates the integration plan to provide $4 million of operational cost synergies by the end of fiscal 2029 and surmises the acquisition to contribute $85 million of revenue with an adjusted EBITDA margin of approximately 15 percent within the first 12 months of ownership with a long-term margin target of 20 percent. The transaction is expected to close in the second quarter of fiscal 2027. In pre-market activity, APG shares were trading at $38.56, up 2.55% on the Nasdaq. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Kyndryl ( KD ) and fintech firm Broadridge Financial Solutions ( BR ) on Thursday announced the extension of an agreement to strengthen core platforms and integrate AI-enabled operations alongside quantum-safe capabilities. Under the expanded agreement Kyndryl's AI-powered, open-integration platform, and its Agentic AI Framework will be leveraged to support Broadridge's strategy to drive the democ...
Kyndryl ( KD ) and fintech firm Broadridge Financial Solutions ( BR ) on Thursday announced the extension of an agreement to strengthen core platforms and integrate AI-enabled operations alongside quantum-safe capabilities. Under the expanded agreement Kyndryl's AI-powered, open-integration platform, and its Agentic AI Framework will be leveraged to support Broadridge's strategy to drive the democratization and digitization of investing, simplify trading, and modernize wealth management, the company said. As part of the agreement, Kyndryl will invest in modernizing Broadridge's data center, network architecture, and core mainframe environment, including a strategic refresh to a next-generation, quantum-safe platform. Press release More on Kyndryl Holdings, Broadridge Financial Solutions Broadridge Financial Solutions, Inc. (BR) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript Broadridge Financial: The Unpriced AI And Tokenization Margin Revolution Kyndryl Holdings, Inc. (KD) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript Broadridge Financial Solutions declares $0.975 dividend Kyndryl expects $600M-$700M adjusted pretax income in fiscal 2027 as it targets more than $1B free cash flow in fiscal 2028
At $421.86, Broadcom (NASDAQ:AVGO) is testing resistance. With shares pressing against a 52-week high of $442.36 and earnings days away, the question of whether to chase, fade, or wait deserves a direct answer. Broadcom designs custom AI accelerators, networking silicon, and infrastructure software for the world’s largest hyperscalers, with VMware anchoring its software arm. The ... Broadcom Neari...
At $421.86, Broadcom (NASDAQ:AVGO) is testing resistance. With shares pressing against a 52-week high of $442.36 and earnings days away, the question of whether to chase, fade, or wait deserves a direct answer. Broadcom designs custom AI accelerators, networking silicon, and infrastructure software for the world’s largest hyperscalers, with VMware anchoring its software arm. The ... Broadcom Nearing 52-Week High: Buy, Sell or Hold?
Blue Gold ( BGL ) said on Thursday it appointed James Samuelson as CFO, effective June 1, succeeding Lorenz Werndle, who will step down from the role on May 31, 2026. Samuelson brings more than 25 years of experience in corporate finance, capital markets, M&A, and public company leadership, including advising Nasdaq-listed and emerging growth companies on financings, acquisitions, and SEC complian...
Blue Gold ( BGL ) said on Thursday it appointed James Samuelson as CFO, effective June 1, succeeding Lorenz Werndle, who will step down from the role on May 31, 2026. Samuelson brings more than 25 years of experience in corporate finance, capital markets, M&A, and public company leadership, including advising Nasdaq-listed and emerging growth companies on financings, acquisitions, and SEC compliance. Shares -6.43%. More on Blue Gold Limited Seeking Alpha’s Quant Rating on Blue Gold Limited Historical earnings data for Blue Gold Limited Financial information for Blue Gold Limited
(RTTNews) - Lower Canadian and U.S. futures amid escalating tensions in the Middle East point to a weak opening for Canadian stocks on Thursday. The U.S. military shot down four Iranian drones and struck a control center in the southern port city of Bandar Abbas to prevent a fifth drone launch, stoking fears of further disruptions to commercial shipping through the crucial waterway. Iran's Islamic...
(RTTNews) - Lower Canadian and U.S. futures amid escalating tensions in the Middle East point to a weak opening for Canadian stocks on Thursday. The U.S. military shot down four Iranian drones and struck a control center in the southern port city of Bandar Abbas to prevent a fifth drone launch, stoking fears of further disruptions to commercial shipping through the crucial waterway. Iran's Islamic Revolutionary Guard (IRGC) said that it targeted a U.S. airbase in Kuwait in response to the latest American aerial strike. Earlier, U.S. President Donald Trump Indicated that negotiations with Iran were still facing major sticking points and warned Oman against attempting to influence control over the Strait of Hormuz. Hours later, the U.S. Treasury sanctioned the Persian Gulf Strait Authority established to control the Strait of Hormuz, dealing a fresh blow to prospects for a negotiated settlement. Investors will also be reacting to earnings announcements from major banks. Royal Bank of Canada reported earnings per share of $3.90 for the second-quarter of the current financial year, compared with C$3.13 a year ago. Toronto-Dominion Bank reported an EPS of $2.38 for the second quarter, up compared to $1.97 in the year-ago quarter. Canadian Imperial Bank of Commerce posted earnings per share of $2.54 in the second quarter of its current financial year, compared with $2.05 a year ago. Among other earnings updates, BRP Inc. reported earnings per share of $1.83 in the first-quarter of its current financial year, compared to $0.47 in the year-ago quarter. Canadian stocks closed weak on Wednesday, extending the losses from the previous session, as a peace deal between the U.S. and Iran to end the gulf war remained elusive, rendering the mood cautious. The benchmark S&P/TSX Composite Index ended with a loss of 241.82 points or 0.7% at 34,412.05. Asian stocks slipped from record highs on Thursday as investors weighed mixed signals from Washington and Tehran about a deal to end th...