Sheryl Sheth

Mumbai

Financial Writer at TipRanks

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Articles

Bill Gates Accuses Musk’s DOGE of Killing Poor Children as He Vows to Donate $200B

6 days ago | tipranks.com | Sheryl Sheth

Microsoft (MSFT) founder-turned-philanthropist Bill Gates accused fellow billionaire Elon Musk led Department of Government Efficiency (DOGE) of “killing the world’s poorest children” by shuttering the US Agency for International Development (USAID). Meanwhile, Gates vowed to accelerate his philanthropy by giving away $200 billion of his fortune (nearly 99%) over the next two decades. The news was reported by the Financial Times, citing a lengthy interview with Gates.
Nvidia’s Bold Move to Modify H20 Chips for Export to China

6 days ago | tipranks.com | Sheryl Sheth

American semiconductor giant Nvidia (NVDA) is modifying its H20 artificial intelligence (AI) chips for making them compliant with export regulations to China. Nvidia is reportedly downgrading the performance of its current version of H20 chips, after the U.S. put new export restrictions on them. Notably, Nvidia has informed major Chinese customers that the revised chips will be ready for export within two months. The news was first reported by Reuters, citing sources familiar with the matter.
3 Penny Stocks to Watch Now, 5/8/25

1 week ago | tipranks.com | Sheryl Sheth

Pasithea Therapeutics, FOXO Technologies, and Marin Software are the 3 Penny Stocks to watch on May 8, 2025, based on TipRanks’ Penny Stock Screener tool. Penny stocks are defined as stocks that trade at or below $5 per share and have a market capitalization of below $300 million. The Penny Stock Screener helps investors scan stocks based on numerous parameters, including Sector, Price Target Upside, Smart Score, Analyst Consensus, Dollar Volume, and Price Change.
Sam Altman Nabs Instacart CEO for OpenAI’s Applications Dept.

1 week ago | tipranks.com | Sheryl Sheth

Sam Altman has hired Fidgi Simo, the CEO of delivery startup Instacart (CART), as new CEO of Applications at OpenAI. Simo will be responsible to scale OpenAI’s “traditional” company functions within the Applications group and will report directly to Altman. Simo has been on OpenAI’s board since March 2024, and has a deep understanding of the company’s business dynamics. A lot has happened at the ChatGPT maker in the past couple of months.
OpenAI and FDA Explore AI Integration in Drug Evaluations

1 week ago | flipboard.com | Sheryl Sheth

12 hours agoFood safety in America is under attack. When you think of food poisoning, perhaps what first comes to mind is undercooked chicken, spoiled milk, or oysters. Personally, I remember the time I devoured a sushi boat as a high-school senior and found myself calling for my mommy in the early hours of the …
Tesla Hits Another Roadblock, as Patent Office Calls its Robotaxi and Cybercab ‘Too Generic’

1 week ago | tipranks.com | Sheryl Sheth

Electric vehicle (EV) maker Tesla (TSLA) has hit yet another roadblock.
Amazon Doubles Down on Zoox, Plans Major Robotaxi Fleet Expansion - TipRanks.com

1 week ago | tipranks.com | Sheryl Sheth

American tech giant Amazon (AMZN) is doubling down on its robotaxi startup, Zoox, aiming to expand its fleet production for commercial services across the U.S. The self-driving company is set to open a second manufacturing facility in California’s Bay Area to ramp up production. Currently, Zoox operates about 24 test robotaxis across six U.S. cities and has manufacturing operations at a small facility in Fremont.
DOJ Pushes for Google to Divest Ad Tech Business to Break Monopoly

1 week ago | tipranks.com | Sheryl Sheth

The U.S. Department of Justice (DOJ) is urging the federal judge overseeing the case to compel Alphabet (GOOGL) divest its Google Ad Tech business to cede monopoly. Last week, the judge found that Google had indeed sought anticompetitive practices to maintain dominance in two online ad-tech markets. The judge has set a date of September 22, for the next phase of remedial trials related to the antitrust lawsuit.
Mattel Advocates “Zero Tariffs on Toys” Amid Plans for Price Hikes

1 week ago | tipranks.com | Sheryl Sheth

Barbie-maker Mattel (MAT) CEO Ynon Kreiz is advocating for “zero tariffs on toys” amid plans for increasing prices of its U.S. toys. “Last week, President Donald Trump suggested that tariffs could lead to a toy shortage, leaving toy makers in a jiffy. Notably, Mattel reported better-than-expected results for its fiscal first quarter yesterday. However, the Hot Wheels maker paused its full year Fiscal 2025 guidance due to growing pressure from tariffs and difficulty in predicting consumer spending.
APP Lawsuit Alert! Class Action Lawsuit Against AppLovin Corporation

1 week ago | tipranks.com | Sheryl Sheth

A class action lawsuit was filed against AppLovin Corporation (APP) by Levi & Korsinsky on March 5, 2025. The plaintiffs (shareholders) alleged that they bought APP stock at artificially inflated prices between May 10, 2023 and February 25, 2025 (Class Period) and are now seeking compensation for their financial losses. Investors who bought AppLovin stock during that period can click here to learn about joining the lawsuit.