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Stocks of Arm Holdings tumbled on Thursday as the chip designer's softer-than-expected annual earnings prediction cooled some of the zeal around the stock following its AI-powered jump in recent months.

May 9, 2024

Tech

Arm’s stock sees volatility amidst AI computing optimism

Walt Disney's latest earnings report revealed a mixed picture, with positive returns in its streaming entertainment division overshadowed by challenges in its traditional TV business and a delicate box office performance.

May 7, 2024

Business

Disney faces share decline amid streaming success and traditional TV decline

A regulatory filing revealed on Friday that Reddit co-founder and CEO Steve Huffman beneficially owns 62.4 million Class A stocks of the social media firm.

May 4, 2024

Tech

Reddit’s share structure and financial reporting: a closer look

Air New Zealand cut its annual profits estimates on Monday, noting financial headwinds and a cost-of-living crisis leading to weaker earnings in domestic and North American markets, sending the carrier's shares to a near two-year low.

April 22, 2024

Travel

Air NZ shares fall to lowest level since 2022

Alibaba Group bought back shares valued at $4.8 billion in the March quarter. On Tuesday, the Chinese e-commerce firm said it had made its second biggest-ever repurchase after whining up its shares buyback plan in February.

April 2, 2024

Business

Alibaba buys back shares worth $4.8bn

Nvidia shares fell in premarket trading on Tuesday after more than tripled in worth in the past year. Investors awaited more data on the firm's latest AI chip, which is expected to cement its lead in the industry further.

March 19, 2024

Business

Nvidia shares dip despite unveiling new “Blackwell” chip

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