The boom in artificial intelligence technologies is driving the demand for more powerful processors and increased energy consumption in data centers. Sustainable Metal Cloud (SMC) has positioned itself as a key player in this space by offering innovative solutions that are sustainable and energy-efficient. SMC’s HyperCubes, which are filled with servers equipped with Nvidia processors
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The S&P 500 saw a decline on Monday, led by Nvidia, a prominent player in the AI industry, ahead of its quarterly report. Investors are eagerly awaiting inflation data to get an idea about the direction of interest rate cuts by the Federal Reserve. The Nasdaq also experienced a drop, while the Dow Jones Industrial
Dallas Mavericks and New Orleans Pelicans fans are eagerly awaiting updates on how they will be able to watch their favorite teams’ local games in the upcoming NBA season. Both teams are making a significant transition by moving away from their regional sports networks owned by Diamond Sports. This shift was detailed in a recent
The new serial killer thriller, “Strange Darling” had a decent debut this weekend, bringing in $1.14 million at 1,135 theaters. Directed by JT Mollner, the film stars Willa Fitzgerald, Kyle Gallner, Ed Begley Jr., and Barbara Hershey. The story follows a twisted one-night stand that escalates into a serial killer’s vicious murder spree. Giovanni Ribisi
Portillo’s, a well-known fast-casual restaurant chain in the United States, is facing scrutiny from Engaged Capital, an experienced small-cap investor. The company, with a stock market value of $901M and a unique menu offering, is under pressure to improve its business operations in order to enhance shareholder value. Engaged Capital has highlighted several areas of
Restaurants across the United States have increasingly turned to the use of surcharges and fees to cover costs such as credit card processing, gratuities, and “inflation.” This practice has become more prevalent in recent years, with 15% of restaurant owners adding surcharges or fees to checks due to higher costs. In fact, 3.7% of restaurant
The previews for Zoë Kravitz’s Blink Twice and The Crow, presented by Lionsgate/Edward R. Pressman, were underwhelming with only $820K and $650K respectively. Despite having Channing Tatum in the lead role and solid reviews, Blink Twice fell short of expectations. This raises concerns about the film’s performance over the weekend, as both films are predicted
The ongoing trade war between the U.S. and China has led Chinese electric vehicle (EV) makers to explore new markets outside the U.S. One of the emerging markets for Chinese EVs is Mexico, where affordable price tags and aggressive marketing strategies have attracted customers. Last year, China was the largest car supplier to Mexico, exporting
Australia’s bank regulator, the Australian Prudential Regulation Authority (APRA), recently took action in response to suspected misconduct at ANZ’s bond trading unit. This comes as the first financial fallout from the growing scandal affecting the bank. Originally, APRA was set to review a A$500 million capital add-on imposed on ANZ and other major lenders in
Several companies are making positive strides in pre-market trading, indicating potential growth and investor interest. Companies such as Crocs, Agilent Technologies, and Nordson experienced stock increases after surpassing expectations in their fiscal reports. This signifies strong performance and the possibility of sustained success in the future. Additionally, companies like Synopsys and Wolfspeed showed resilience in
BYD, the Chinese electric vehicle maker, has narrowed down its choices for the location of its new manufacturing plant in Mexico to three states. The firm’s country head, Jorge Vallejo, revealed that they are currently reviewing a variety of proposed incentives offered by these states. These incentives include fiscal benefits, land offerings, management assistance, and
The future of Paramount Global hangs in the balance as a new player enters the scene. Edgar Bronfman Jr. has thrown his hat into the ring with a competing offer that has set tongues wagging. Initially offering $4.3 billion for Shari Redstone’s National Amusements, the controlling shareholder of Paramount, Bronfman has now upped the ante
Disney’s stronghold on the summer box office is set to continue with the anticipated success of 20th Century Studios’ Alien: Romulus. The film is projected to top the box office charts for the ninth time this summer, with estimates placing its fifth weekend earnings above other popular films like Deadpool & Wolverine. As of Tuesday,
On September 5th, U2 fans will have the opportunity to immerse themselves in the legendary Irish band’s music like never before. V-U2: An Immersive Concert Film at Sphere Las Vegas is set to debut at the state-of-the-art venue where it was originally filmed. Directed by Morleigh Steinberg and U2’s founding guitarist, The Edge, this film