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Schumer criticizes Trump’s agreements to sell AI chips to Saudi Arabia and the UAE.

Senate Democratic leader Chuck Schumer from New York, a prominent supporter of American leadership in artificial intelligence, has criticized former President Trump’s backing of a deal to transfer advanced US chip technology to Saudi Arabia and the UAE. Schumer expressed concern that Trump “creates the conditions for selling the most sensitive US chip technology in […]

Is it better to keep or sell The Trade Desk stock after Q1 earnings?

Trade Desk (TTD) shares have seen a sharp decline of 32.5% this year. Despite the company exceeding its forecast with a strong first quarter performance—reporting a 25% stock rise and a 32.6% increase since May 8—growing macroeconomic uncertainty is likely to tighten advertising budgets, complicating matters for TTD. This leads us to the question: Should […]

Should You Sell SMCI Stock Following Earnings Disappointment? – Nasdaq

Super Microcomputer’s stock (NASDAQ: SMCI) dropped nearly 11% on Tuesday after disclosing preliminary results for the March quarter. Server manufacturers are now anticipating revenues of $4.5 billion to $4.6 billion, which is a significant reduction from the earlier forecast of $5 billion to $6 billion. Earnings per share are also expected to be much lower […]

Jeff Bezos plans to sell up to 25 million Amazon shares valued at nearly $5 billion.

Jeff Bezos has sold as many as 25 million shares, based on a recent filing with the Securities and Exchange Commission. On Friday, Amazon disclosed this information in its quarterly SEC report. The billionaire founder mentioned last month that he had set up a trading plan designed to comply with Rule 10B5-1(c), which involved splitting […]

Saks launches storefront on Amazon to sell luxury clothes, products

Saks Fifth Avenue will launch its storefront on Amazon, selling Dolce & Gabbana and Balmain's high-end designer products in the e-commerce giant's latest foray into luxury sales, the company said Tuesday. Amazon has been an investor in the parent company of Saks Fifth Avenue, Saks Global's Saks Fifth Avenue since December, when Saks Global bought […]