02:53 PM EST, 12/30/2024 (MT Newswires) -- ByteDance, the parent company of TikTok, plans to spend up to $7 billion on Nvidia's ( NVDA ) advanced artificial intelligence chips outside China in 2025, The Information reported Monday, citing a source. Led by co-founder Zhang Yiming, the effort positions the TikTok parent as a major consumer of Nvidia ( NVDA )...

Whales with a lot of money to spend have taken a noticeably bullish stance on Spotify Technology ( SPOT ). Looking at options history for Spotify Technology ( SPOT ) we detected 15 trades. If we consider the specifics of each trade, it is accurate to state that 53% of the investors opened trades with bullish expectations and 40% with...

Dec 30 (Reuters) - Air taxi start-up Volocopter GmbH filed for insolvency proceedings on Monday, citing its inability to raise new funds to maintain regular operations. The Mercedes-Benz and Honeywell ( HON )-backed company plans to continue business operations during the insolvency proceedings while seeking additional funding. Despite recent intensive fundraising efforts, finding a viable solution to maintain regular operations...

Investors with a lot of money to spend have taken a bearish stance on Marvell Tech ( MRVL ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...