US Stock Reports, Quotes and News
Investing.com– Chinese entities acquired Nvidia’s most advanced artificial intelligence chips through resellers even after the U.S. last year widened a ban to restrict Chinese access to the technology, a Reuters report showed on Tuesday.
CSX Corporation (NASDAQ:CSX) reported a stable first quarter in 2024, meeting expectations despite facing several challenges such as severe weather and the collapse of the Francis Scott Key Bridge in Baltimore. The company demonstrated growth in total volume, with a 7% increase in its intermodal business compared to the previous year. Revenue remained consistent with the previous quarter, while operating margin saw improvement. CSX expressed optimism for the year ahead, focusing on safety, customer service, and cost control. The company also paid tribute to former President and CEO Jim Foote.
Las Vegas Sands Corp. (NYSE:LVS) reported first-quarter earnings and revenue that topped analyst expectations.