Yahoo Finance’s Ines Ferre reports on the day's trending tickers.
(Bloomberg) -- Alibaba Group Holding Ltd. unveiled a new server chip that’s based on advanced 5-nanometer technology, marking a milestone in China’s pursuit of semiconductor self-sufficiency. The Chinese tech giant’s newest chip is based on micro-architecture provided by the SoftBank Group Corp.-owned Arm Ltd., according to a statement Tuesday. Alibaba, which is holding its annual cloud summit in Hangzhou, said the silicon will be put to use in its own data centers in the “near future” and will
Brian Withers: This is another story that Jose brought to the table, and this is about a company called Shipt, S-H-I-P-T. You may have seen them shopping at your local grocery store with their Shipt shirts. Well, they deliver orders for more than 130 retailers, whether it's grocery, Petco, CVS Health, and they roughly cover 80 percent of the households in the U.S. and about 5,000 cities.