GameStop misses revenue estimates on slow videogame demand, competition
By Arsheeya Bajwa (Reuters) -GameStop missed quarterly revenue estimates on Wednesday as competition grew and consumers dialed back spending in…
Day: December 6, 2023
AMD forecasts $45 billion AI chip market this year, $2 billion in sales in 2024
By Max A. Cherney (Reuters) -AMD estimated there was a $45 billion market for its data center artificial intelligence processors…
Oil falls 4% as build in gasoline stocks fuel demand concerns
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices fell nearly 4% on Wednesday to their lowest settlements since June, as worries…
Apple to launch new iPads, M3 MacBook Air to fight weak sales – Bloomberg News
(Reuters) – Apple is planning to release several new models, including a faster MacBook Air and two updated iPads, early…
Elon Musk’s AI firm xAI files to raise up to $1 billion in equity offering
(Reuters) -Elon Musk’s artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion…