business

Micron Advanced Micro Devices Exxon Mobil Intuitive Machines AutoZone Ferrari Chevron Qualcomm Eli Lilly

Stocks to Watch: AutoZone Declines on Sales Challenges, Eli Lilly Acquires Three Companies, Ferrari Launches Electric Vehicle, and Lear Upgraded by TD Cowen

Several companies are experiencing notable stock movements ahead of the market opening, with AutoZone facing declines due to disappointing international sales, while Eli Lilly's acquisition strategy boosts its stock.
Nvidia Apple

Huawei Introduces New Smartphone Chips Amid Intensifying Competition with Nvidia and Apple

Huawei has introduced a new semiconductor engineering approach called 'LogicFolding' to enhance its smartphone chip production, positioning itself against U.S. sanctions and competitors like Nvidia and Apple. This development is significant as it could reshape the competitive landscape in the semiconductor market, particularly in China.