Company Overview TETRA Technologies, Inc. is an energy services and solutions company focused on developing environmentally conscious services and solutions that help make people's lives better. With operations on six continents, the Company's portfolio consists of Energy Services, Industrial Chemicals, and Critical Minerals. In addition to providing products and services to the oil and gas industry and calcium chloride for diverse applications, TETRA is expanding into the low-carbon energy market with chem ...

Ally Financial is reportedly cutting staff, ending mortgage originations and rethinking its credit card business.The company will lay off less than 5% of its workforce, Bloomberg News reported Wednesday (Jan. 8), citing a statement from an Ally spokesperson.“As we continue to right-size our company, we made the difficult decision to selectively reduce our workforce in some areas, while continuing to hire in our other areas of our business,” spokesperson Peter Gilchrist said in the email. Gilchrist said the ...

Quantum Computing Industry Overview - Quantum computing aims to solve complex problems like decoding encryption, generating random numbers, and large-scale simulations, which are challenging for current processors [3] - Major companies such as Nvidia, Microsoft, and IBM, alongside startups and universities, are actively pursuing advancements in quantum computing [3] D-Wave Quantum's Position - D-Wave Quantum CEO Alan Baratz disputes Nvidia CEO Jensen Huang's claim that useful quantum computers are 15 to 30 years away, stating that D-Wave's quantum computers are already in commercial use today [1][2] - Companies like Mastercard and Japan's NTT Docomo are currently using D-Wave's quantum computers in production to enhance their business operations [2] - Despite its commercial applications, D-Wave's revenue remains minimal, with a 27% decline in sales to $1.9 million in the latest quarter compared to $2.6 million a year earlier [2] Nvidia's Perspective on Quantum Computing - Nvidia CEO Jensen Huang believes that achieving "very useful quantum computers" could take 15 to 30 years, a statement that caused a slump in stocks within the quantum computing industry [2] - Huang mentioned that Nvidia could produce conventional chips to complement quantum computing chips but emphasized the need for a million times more quantum processing units (qubits) than currently available [1]

Jensen Huang just spoiled the quantum computing party.Quantum computing stocks took a dive Wednesday after investors' perceptions about the outlook for the sector were dramatically corrected.Valuations in the nascent space had been riding high for about a month -- ever since Alphabet (GOOG -0.95%) (GOOGL -1.02%) unveiled its new Willow quantum computing chip, which achieved benchmarks never reached before, including performing calculations in minutes that would have taken standard supercomputers billions of ...

The decision by the social media giant Meta to end factchecking in the United States is “bad for democracy”, Brazil’s newly appointed communication minister, Sidonio Palmeira, said on Wednesday.Meta’s founder and CEO, Mark Zuckerberg, stunned many with his announcement on Tuesday that he was pulling the plug on factchecking at Facebook and Instagram in the US, citing concerns about political bias.Palmeira said Meta’s decision was “bad for democracy because [without factchecking] you don’t control the spread ...

Stock Performance - Sezzle shares crashed 39 7% in December following a short report by Hindenburg Research [1] - The stock had previously surged over 2 000% in 2024 due to a shift from steep losses to big profits [2] - A stock offering in November contributed to downward pressure on the stock price [2] Business Model Analysis - Sezzle operates a buy now pay later platform allowing users to make purchases in four payments [5] - The company primarily earns revenue from merchant fees and a subscription service offering additional features [5] - Sezzle targets users with poor credit which is a key point of criticism in the Hindenburg report [6] Hindenburg Research Report - The report claims Sezzle s business model is unsustainable citing high interest rate borrowing and lending to high risk users [6] - Hindenburg Research suggests Sezzle s subscription service growth may be inflated by accidental signups rather than true demand [8] Future Outlook - Investors should monitor Sezzle s subscriber numbers to assess the sustainability of its subscription service growth [9] - The company s subscription service launched in July 2023 and has reached 529 000 active users as of the report [9] - A potential peak in subscriber numbers could validate Hindenburg s concerns while continued growth may indicate real demand [9]

Key TakeawaysA number of stocks in the quantum computing industry sank Wednesday after Nvidia CEO Jensen Huang said the technology is likely still years away.Stocks of Rigetti Computing, Quantum Computing, IonQ, and D-Wave Quantum all declined sharply Wednesday.Huang said at an analyst event Tuesday that it would likely be somewhere between 15 to 30 years before there are "very useful quantum computers." Several stocks across the quantum computing industry, including Rigetti Computing (RGTI), D-Wave Quantum ...

Stock Performance and Analyst Downgrade - Advanced Micro Devices (AMD) shares tumbled more than 4% intraday to $121 60 after HSBC analysts double downgraded the stock from "buy" to "reduce" [2][3] - AMD shares have lost about 24% of their value over the past three months leading up to Wednesday [3] - HSBC analysts believe "there remains further downside" for AMD shares [3] AI Chip Revenue and Competitive Landscape - HSBC lowered its fiscal 2025 AI GPU revenue forecast for AMD to $8 1 billion from $12 3 billion well below the $9 5 billion analyst consensus [5] - AMD's AI chip roadmap was described as "less competitive" than previously anticipated with soft demand for its MI325 GPU [4] - The upcoming MI350 chip from AMD is expected to struggle competing with Nvidia's offerings [4] Earnings and Market Expectations - AMD is expected to report 2024 fourth-quarter earnings in late January or early February based on last year's timing [5] - HSBC also lowered AMD's price target to $110 from $200 reflecting reduced confidence in the company's AI chip prospects [3]

Community Guidelines Overview - The community aims to foster open and thoughtful conversations, encouraging readers to share views and exchange ideas in a safe environment [1] - Users must adhere to posting rules outlined in the site's Terms of Service to maintain a civil and respectful atmosphere [1] Prohibited Content and Actions - False, misleading, or out-of-context information is strictly prohibited [2] - Spam, insults, profanity, obscene language, or inflammatory remarks are not allowed [2] - Attacks on the identity of other commenters or authors are forbidden [2] - Content violating the site's terms, including racist, sexist, homophobic, or discriminatory comments, will be rejected [2] - Continuous attempts to repost moderated or rejected comments are not permitted [2] - Actions that compromise site security or violate terms are grounds for account blocking [2] Encouraged Behavior - Users are encouraged to stay on topic and share insightful, clear, and thoughtful comments [2] - The 'Like' or 'Dislike' feature can be used to express viewpoints [2] - Users should utilize the report tool to alert moderators of rule violations, helping to protect the community [2]

Stock Performance and Investor Sentiment - Shares of Serve Robotics surged 55.2% in December, driven by investor interest in speculative investments [1] - The company's stock price increase in December facilitated additional fundraising efforts, which are crucial for its growth plans [9] Key Investors and Strategic Backing - Serve Robotics is backed by two major investors, Nvidia and Uber Technologies, which lends credibility and optimism to its future prospects [2] Financial Performance and Funding Needs - Serve Robotics generated less than $2 million in trailing-12-month revenue and reported a net loss of $33 million during the same period [3] - The company raised $86 million in December 2024, bringing its total funding for the year to $167 million, and announced plans to raise an additional $80 million in January 2025 [4] Share Dilution and Capital Raising - Serve Robotics increased its outstanding shares from 36.5 million in June 2024 to 51.5 million by the end of the year, representing a 53% increase in share count [5] - A shareholder who owned 10% of the company in June 2024 would now own less than 7% due to the significant share dilution [6] Business Model and Growth Strategy - Serve Robotics focuses on last-mile delivery services, particularly for the restaurant industry, with 59 daily active robots deployed as of Q3 2024 [7] - The company has a deal with Uber for 2,000 robots and aims to deploy this number by the end of 2025, requiring substantial capital to scale its operations [7][8] Market Position and Speculative Nature - Serve Robotics is considered a speculative investment due to its early-stage business model, limited revenue, and high cash burn rate [3][9] - Despite its speculative nature, the company's ability to raise funds and its strategic partnerships position it for potential growth in 2025 [4][9]