12:29 PM EDT, 06/11/2024 (MT Newswires) -- (Updates with additional details and MT Newswires' attempt for comments.) The Biden administration is considering additional restrictions on China's access to chip technology used for artificial intelligence, Bloomberg reported Tuesday, citing people familiar with the matter. The new restrictions will limit China's ability to use gate all-around chip architecture and are aimed at...

11:24 AM EDT, 06/11/2024 (MT Newswires) -- Boeing ( BA ) delivered 24 airplanes in May, matching its total from April, the company said Tuesday. Meanwhile, Boeing's ( BA ) rival, Airbus, made 53 deliveries in May, Price: 186.97, Change: -3.15, Percent Change: -1.66 ...

Velo3D Inc ( VLD ) shares are trading lower by 10.7% to $0.13 during Tuesday’s session after the company announced a 1-for-35 reverse stock split of its common stock. The stock will trade on the NYSE on a split-adjusted basis starting June 13, under the symbol “VLD”. This reverse stock split aims to help Velo3D ( VLD ) meet the...

12:23 PM EDT, 06/11/2024 (MT Newswires) -- Alaska Air ( ALK ) lost a court appeal in London seeking to overturn a trademark decision last year on paying $160 million in royalties to Virgin Group, even though the US airline no longer uses the Virgin brand. Court of Appeal Judge Stephen Phillips said Tuesday in a ruling that a high...