Arm hires Amazon AI chip director to lead in-house chip effort

8 months ago 34

FSLR jumps 10.4% on favorable tax credit guidance, clearing policy risk. Still 14.3% off 52-week high.

Monterey Car Week auctions hit $432.8M, up 9% from last year. Modern supercars lead, vintage Ferraris see mixed results.

Hydrogen megaprojects canceled due to poor economics; smaller, viable projects with clear offtake gain traction. Prices $3-3.50/kg expected.

Job growth slows to 73k in May, down from 336k/month under Biden. Trump's immigration policies blamed for labor market contraction.

Markets flat near records; S&P 500 up 9.6% YTD. Retail earnings & Fed speech eyed for rate cut hints.

Associated Press Finance

18m ago

IPOs less underpriced than thought; Figma's 250% pop may overstate demand. Study suggests smaller valuation gaps.

Used EV prices are flat, unlike rising used car values. Teslas see steepest drops, signaling potential buyer's market.

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