WallSt Focus

Total 458 Posts

Microsoft Is Betting Big on NVIDIA GPUs — But Will Custom Chips Save Its AI Ambitions?

Microsoft has secured nearly half a million Nvidia GPUs in 2024 alone, surpassing rivals Google, Amazon, and Meta given its urgency in scaling its AI infrastructure amid fierce competition.

Honeywell’s Future Hangs In The Balance: Elliott’s $5 Billion Push For A Breakup

Honeywell International is now at the center of a heated debate following activist investor, Elliott Investment Management’s call for a major strategic overhaul.

Honda & Nissan Eye Historic Merger Amid Foxconn’s Surprise Move – What You Need to Know!

The automotive world is abuzz with news of a potential landmark merger between Honda and Nissan, signaling what could be one of the biggest shake-ups in Japan’s auto industry.

TikTok Ban in the Balance: Supreme Court to Hear ByteDance’s Appeal

The ongoing legal battle over the potential U.S. ban of TikTok took a turn this week as the Supreme Court agreed to hear a case challenging a law that could force ByteDance, TikTok’s China-based parent company, to sell the popular app by January 19 or face a nationwide ban.

Wholesale Inflation Surges to 3%, Complicating Fed’s Rate Cut Outlook

Wholesale prices surged more than anticipated in November, with the Producer Price Index (PPI) rising 3% year-over-year, according to the Bureau of Labor Statistics (BLS).

SMCI Investigation Sparks Rally—Should Investors Be Concerned About Lingering Issues?

SMCI’s shares surged after an independent investigation found no evidence of fraud and the special committee's recommendation to strengthen governance has calmed some investor fears.

Stock Market Today: Stocks Wobble As Inflation Data Clouds Fed Rate Cut Bets

On Thursday, the stock market struggled for direction as new inflation data added uncertainty to the Federal Reserve's next policy move.
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