What happened Shares of Advanced Micro Devices (NASDAQ: AMD) jumped 6.6% on Thursday after the semiconductor leader said it had completed its $1.9 billion purchase of Pensando Systems. So what AMD plans to integrate Pensando's distributed services platform into its data center lineup. Read More...
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Why Nio Stock Hit the Gas Today
Nio (NYSE: NIO) stock soared this morning and was trading up a solid 9% at 10:20 a.m. ET. Nio’s latest expansion plans are reassuring investors about the company’s growth potential even as they realize Nio’s stock price may not be hit too hard if the company makes a bold move similar to the one a Chinese stock made today. Aside from its domestic market, China, the only other market Nio has entered so far is Norway, where it first launched its SUV, ES8, in September and opened a Nio House in October last year.
