To The Moon

Sea Ltd , the Singapore-based technology company, saw its stock soar 5% in Monday's trading session, outperforming the broader market. The company's strong e-commerce performance and innovative interactive features are believed to be the primary drivers behind this surge.According to reports, Shopee, Sea Ltd's e-commerce platform, experienced a significant 7.5-fold increase in sales from local brands and small-to-medium enterprises during the recent 11.11 shopping festival. This success is attr

Phillip Securities Downgrades Sea to Reduce, $100 Price Target

Nvidia stock was falling Tuesday. The chip maker may face more limitations on exports of its advanced artificial intelligence chips.U.S. government officials have discussed capping sales of advanced AI chips from the U.S. to certain countries, Bloomberg reported, citing people familiar with the matter. That could affect both Nvidia and rival chip maker Advanced Micro Devices.Nvidia shares were down 1.3% at $135.90 in premarket trading. The stock closed at a record high on Monday at $138.07.Deliberations are in early stages and remain fluid, according to the report.Limiting sales to specific countries would tighten restrictions that initially targeted China and its ambitions to advance in artificial intelligence, which the U.S. considers a security risk.The Biden administration has already restricted AI chip exports to more than 40 countries in the Middle East, Africa, and Asia over fears they could be diverted to China, the report said.Nvidia and AMD didn't immediately respond to a req

Palantir Technologies' Director Peter Thiel proposes to sell 7,362,247 Class A shares on September 24, 2024, with a total market value of approximately $279.4 million. The transaction will be executed by Rivendell 7 LLC, where Peter Thiel is the sole beneficial owner.