Why Samsung May Want to Cut Memory Production
Samsung (SSNLF) is contemplating lowering its memory chip production next year as a measure to manage supply and prices, those familiar with the matter have told Bloomberg.
Samsung (SSNLF) is contemplating lowering its memory chip production next year as a measure to manage supply and prices, those familiar with the matter have told Bloomberg.
Scientists and big-name investors like Sam Altman, Jeff Bezos and Bill Gates are placing their bets on nuclear technology that could essentially recreate a star on earth. Yahoo Finance’s Akiko Fujita gets an exclusive look at the country’s largest magnetic fusion facility, DIII-D, where researchers are chasing clean energy through a process called nuclear fusion. Unlike traditional nuclear fission, which splits a large atom apart, fusion smashes two atoms together – producing massive amounts of renewable energy without the release of harmful waste. Tucked inside the heart of the operation lies the “tokamak.” The stakes are high in this vacuum chamber where temperatures can reach about ten times the core of the sun. In order to commercialize, nuclear fusion facilities need to generate more energy than the amount of energy it takes to create a reaction. Success here can take us one step closer to charging our world through limitless power. For more on our NEXT series, click here, and tune in to Yahoo Finance Live for more expert insight and the latest market action, Monday through Friday.
A gauge of global share markets was barely changed on Thursday as it was poised to end the quarter with solid gains, while a strong dollar kept the yen near its weakest in decades amid the threat of intervention from Japanese authorities. Wall Street's main stock indexes finished the session with minimal changes as markets broadly were largely rangebound ahead of Friday's much-anticipated U.S. personal consumption expenditures (PCE) price index data, a closely watched inflation measure. “People are probably a little cautious about positioning ahead of PCE,” said Sameer Samana, senior global market strategist at the Wells Fargo Investment Institute.
BROCKTON, Mass., March 28, 2024--HarborOne Bancorp, Inc. names Stephen W. Finocchio as Executive Vice President and Chief Financial Officer
A federal judge in California on Thursday appeared poised to reject Tesla's bid to toss out a U.S. agency's lawsuit accusing the electric carmaker of tolerating rampant harassment of Black workers at its Fremont, California assembly plant. U.S. District Judge Jacqueline Scott Corley in San Francisco during a hearing repeatedly disagreed with claims by Tesla's lawyers that the U.S. Equal Employment Opportunity (EEOC) failed to include any facts in its lawsuit backing up its claim of pervasive unlawful race bias. The EEOC in a 10-page lawsuit filed last year said that from 2015 to the present, Black workers at the Tesla plant have routinely been subjected to racist slurs and graffiti, including swastikas and nooses, and Tesla has failed to investigate complaints.
EV automaker and Magnificent Seven member Tesla (TSLA) has had a rough first quarter, losing almost 30% year-to-date. The company has been hit with many challenges from recalls to price cuts and leadership concerns around CEO Elon Musk. Yahoo Finance Reporter Pras Subramanian joins Market Domination Overtime to break down the latest developments for Tesla. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. Editor's note: This article was written by Nicholas Jacobino
Truth Social's parent company soared out of the gate Tuesday but volatile trading shook Trump's namesake social media company Thursday.
Gas prices (NG=F, RB=F) are moving higher as more Americans prep their travel plans for Spring Break and the summer. GasBuddy Head of Petroleum Analysis Patrick De Haan joins Yahoo Finance to discuss the upward trends in gas and oil prices (CL=F, BZ=F). "Americans are getting out more: the [solar] eclipse is a week away, but spring break travel is also happening. All three of those — demand, refinery maintenance, and the transition to summer gasoline — is all boosting prices, and it probably will continue another couple weeks yet before we plateau," De Haan says. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. Editor's note: This article was written by Luke Carberry Mogan.
The couple is parents to son Patrick "Bronze" Lavon III and daughter Sterling
NEW YORK, March 28, 2024--Join Emmy-nominated Darley Newman in Season 11 of "Travels with Darley" for a culinary journey through Korea. Explore heritage-inspired cuisine, vibrant street food, café culture, and indulge in K-desserts. Experience the popular flavors of convenience store and "hyugeso" foods, as seen in K-dramas.
BOSTON, March 28, 2024 (GLOBE NEWSWIRE) -- Verve Therapeutics, a clinical-stage biotechnology company pioneering a new approach to the care of cardiovascular disease with single-course gene editing medicines, today announced that on March 28, 2024, the company granted equity awards to six new employees, pursuant to the company’s 2024 Inducement Stock Incentive Plan, as an inducement material to each new employee entering into employment with the company in accordance with Nasdaq Listing Rule 563
The stock market impressed heading into key inflation data. Nvidia peer and AI chip IPO Astera Labs could be starting a base.
The quarterback position is always a hallmark of the NFL Draft, and 2024 is no different. Fantasy analyst Matt Harmon runs down what every team should do.
Amazon.com improved its AI positioning through tis $4 billion investment into the startup Anthropic, according to an analyst.
BROOKLYN, N.Y., March 28, 2024--Global design company, West Elm, a portfolio brand of Williams-Sonoma, Inc. (NYSE: WSM), the world’s largest digital-first, design-led and sustainable home retailer, announced today the launch of a new mobile iOS design and shopping app. Developed with the customer journey in mind, the app allows users to filter by need, providing a tailored shopping experience. The app is now available for free in the App Store® where customers can explore and shop West Elm’s off
Catherine, Princess of Wales may occasionally attend royal events as she undergoes preventative chemotherapy, palace sources say nearly a week after the royal went public with her cancer diagnosis. Whether Kate Middleton, 42, will make an appearance at any such events will depend on how well she’s feeling, said Ailsa Anderson, a former spokeswoman for Queen Elizabeth. “She has the inner ...
Hare and bird corpses were scattered in front of Broughton Community Shop earlier this month.
A kangaroo joey is lucky to be alive after it was pulled from its dead mother's pouch on the side of the road, but a rescuer says its fate still hangs in the balance. Read more.
Spencer Platt/Getty ImagesEric Adams and the New York Police Department announced a plan on Thursday to deploy scanners that use artificial intelligence to detect guns in the city’s subway stations.“This is our Sputnik moment,” Mayor Adams said at a news conference in a Lower Manhattan subway station, according to Gothamist. “Like when Kennedy said we’re going to put a man on the moon. ... Let’s bring on the scanners.”Adams is still finalizing a deal with the scanners’ manufacturer, Evolv, which
Last week, Locality Planning Energy Holdings Limited ( ASX:LPE ) insiders, who had purchased shares in the previous 12...
The patchwork system of safety regulations pertaining to massive cargo ships like the one that toppled a major bridge in Baltimore this week can allow freight transporters to skirt oversight, critics say, making maritime shipping what one expert called “the weakest link in the transportation system.” The thousands of container ships that carry more than 80% of all goods moved around the world are governed by rules established by the International Maritime Organization in London that are enforced by the various countries where ships are based and ports across the world. “There’s no strong infrastructure for safety in maritime," said Jim Hall, who led the National Transportation Safety Board from 1994 to 2001.