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Shuning Zhao

Reporter

Indexed articles, last 90 days
11
Latest publication
Sep 17, 2026
Outlet visibility, for yahoo.com
Top 1K sites
Earliest in this view
Jul 9, 2026

Latest articles

  1. Article · Sep 17, 2026 · Shuning Zhao

    Intel stock jumps as SK Hynix weighs U.S. memory-chip deal (opens the original)

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    Intel (INTC) has spent years trying to turn its manufacturing network into a business that can serve customers beyond its own chip divisions. That effort gained a possible new partner on Wednesday, Sept. 16. SK Hynix (SKHY) is in exploratory talks with Intel about producing memory chips in the U.S., Reuters reported. The discussions could involve Intel's delayed manufacturing project in Ohio. No agreement has been reached, and Reuters could not determine which type of memory would be produced. I

  2. Article · Sep 16, 2026 · Shuning Zhao

    Bank of America makes bold chip call after AI sell-off (opens the original)

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    Chip stocks entered Tuesday, Sept. 15, trying to recover from a sharp sell-off tied to renewed concerns that artificial-intelligence development could slow. Nvidia (NVDA), Advanced Micro Devices (AMD), and other semiconductor stocks fell after AI-industry leaders raised concerns about the pace of frontier-model development. The rebound was uneven around midday on Sept. 15. The PHLX Semiconductor Index was up about 0.3%, with AMD gaining roughly 1.85% to $502.55, Nvidia rising about 0.41% to $211

  3. Article · Aug 6, 2026 · Shuning Zhao

    Circle’s USDC volume jumps 151%, but revenue tells different story (opens the original)

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    Circle Internet Group (CRCL) issues USDC, a stablecoin designed to maintain a value of $1. The company earns most of its revenue from interest on the reserve assets backing the USDC in circulation. Circle said USDC onchain transaction volume reached $14.8 trillion during the second quarter, an increase of 151% from a year earlier. Total revenue and reserve income increased only 7% to $701.3 million. Circle reported earnings of 18 cents per share, above Wall Street estimates, but revenue and rese

  4. Article · Jul 24, 2026 · Shuning Zhao

    Bank of America spots ServiceNow’s overlooked AI advantage (opens the original)

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    Bank of America reiterated its Buy rating and $130 price target on ServiceNow (NOW) after the software company reported stronger-than-expected second-quarter contract growth. The target represents about a 36% upside from the $95.46 share price listed in BofA's July 23 report. According to the report, ServiceNow's subscription revenue rose 24.5% to $3.88 billion, and current remaining performance obligations (contracted revenue expected within the next 12 months) increased 21% to $13.2 billion. B

  5. Article · Jul 23, 2026 · Shuning Zhao

    GE Vernova’s AI power trade has one weak link (opens the original)

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    GE Vernova (GEV) raised its 2026 revenue and free-cash-flow forecasts on July 22, but a widening loss in its Wind business sent shares lower. The stock fell about 6.3% to $1,011 in midday trading July 22 after dropping as low as $964.16 earlier in the session. Its second-quarter revenue rose 22% to $11.1 billion, according to a company press release, and orders climbed 88% organically to $24.2 billion. Power and Electrification led the growth as utilities and data-center developers sought more g

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