(NVIDIA) NVIDIA has announced that the largest GPU-based supercomputer at Argonne National Laboratory of the US Department of Energy will run on its computing platform. The Polaris supercomputer is expected…
(Intuit) Intuit Inc. reported revenue of $2.6 billion in the fourth quarter of 2021, an uptick of 41% from the comparable quarter of 2020. For the full year 2021, revenue…
(IHS Markit) Polysilicon prices have jumped 175% from the start of this year to mid-June as demand for solar gained momentum from the pandemic lows of early 2020. The high…
(Bloomberg) A group of Wall Street business leaders is planning high-level meetings with officials drawn from the Chinese government amid strained relations with Washington. The meetings are set to discuss…
(Reuters) US officials have reportedly approved Huawei’s license applications to buy chips for its auto component business. The licenses are worth hundreds of millions of dollars even as Huawei moves…
(Best Buy) Best Buy Co. Inc. announced net revenue of $11.9 billion in the second quarter of the 2022 fiscal year, up from net revenue of $9.9 billion in the…
(CNBC) Shares of e-commerce giant JD.com rose almost 15% on Tuesday as investors got a little clarity on the regulatory outlook after the passage of a major anti monopoly law.…
(CNBC) US Food and Drug Administration has granted full approval of Pfizer-BioNTech Covid-19 shots. The approval means that Pfizer and BioNTech become the first in the US to win full…
(NAR) Existing home sales in the US recorded a 2% jump from June to July, with the annual rate in the month reaching 5.99 million. On a year over year…
(IHS Markit) The US Composite Output Index dropped to an eight-month low of 55.4 in August, from 59.9 recorded in July. The output was weighed down by supply shortages and…
(Bloomberg) China is set to dominate the global steel making, with 51% stake by Ansteel Group in Benxi Steel Group Co. set to make it the third-biggest steel maker in…
(IHS Markit) The UK Composite Output Index hit a six-month low of 55.3 in August, from 59.2 in July as activity slowed due to supply chain constraints and staff shortages.…