Day: November 19, 2025
Asia markets set to open mixed as Nvidia’s earnings beat and bullish forecast lift tech sentiment
A view of Tokyo’s skyline on July 27, 2021 in Tokyo, Japan. Julian Finney | Getty Images Sport | Getty Images Asia-Pacific markets were set to open mixed Thursday as investors digested Nvidia‘s latest quarterly beat — released after the closing bell stateside — which appeared to restore confidence in major technology stocks. Shares of […]
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The business behind Alibaba: How China’s tech titan makes billions
From a Hangzhou startup to a global tech powerhouse, uncover the strategies that turned Alibaba into a multi-billion-dollar empire. Alibaba’s 2014 IPO was the largest in tech history, raising $25 billion on its first day. Since its founding in 1999 in Hangzhou, China, the company has grown from a small business-to-business marketplace to a global […]
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Stocks making the biggest moves after hours: Nvidia, Palo Alto Networks, Oddity Tech, AMD and more
Check out the companies making headlines in after-hours trading. Nvidia — Shares of the chipmaker rose more than 6% in extended trading on the back of better-than-expected third-quarter results . Nvidia earned $1.30 cents per share, excluding items, on $57.01 billion in revenue. Analysts polled by LSEG had expected $1.25 cents per share in earnings […]
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Palo Alto tops earnings expectations, announces Chronosphere acquisition
Chief executive officer at Palo Alto Networks Inc., Nikesh Arora attends the 9th edition of the VivaTech trade show at the Parc des Expositions de la Porte de Versailles on June 11, 2025, in Paris. Chesnot | Getty Images Palo Alto Networks beat Wall Street’s fiscal first-quarter estimates after the bell on Wednesday. The stock […]
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Meta chief AI scientist Yann LeCun is leaving to create his own startup
Yann LeCun, known as one of the godfathers of modern artificial intelligence and one of the first AI visionaries to join the company then known as Facebook, is leaving Meta. LuCun said in a LinkedIn post on Wednesday that he plans to create a startup that specializes in a kind of AI technology that researchers […]
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Elon Musk’s xAI will be first customer for Nvidia-backed data center in Saudi Arabia
Tesla CEO Elon Musk (L) talks with Nvidia CEO Jensen Huang during the U.S.-Saudi Investment Forum at the Kennedy Center on Nov. 19, 2025 in Washington, DC. Win McNamee | Getty Images Nvidia and xAI said on Wednesday that a large data center facility being built in Saudi Arabia and equipped with hundreds of thousands […]
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Major League Baseball announces new media rights deals for NBC, ESPN and Netflix
Los Angeles Dodgers pitcher Shohei Ohtani (17) throws a pitch during the MLB game between the Philadelphia Phillies and the Los Angeles Dodgers on September 16, 2025 at Dodger Stadium in Los Angeles, CA. Brian Rothmuller | Icon Sportswire | Getty Images Major League Baseball officially announced a new three-year media rights agreement with NBC, […]
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Trump says he’d love to fire Powell, urges Bessent to ‘work on’ him to lower rates
President Donald Trump on Wednesday said he would love to fire Federal Reserve Chair Jerome Powell, but suggested that Treasury Secretary Scott Bessent is holding him back. “[I’ll] be honest, I’d love to fire his ass,” Trump said of Powell at the U.S. Saudi Investment Forum in Washington, D.C. Trump urged Bessent to “work on” […]
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Fed minutes show divide over October rate cut and cast doubt about December
Key Points While the Federal Open Market Committee approved a cut at the meeting, the path forward looks less certain. Disagreements stretched into the outlook for December, with officials expressing skepticism about the need for an additional cut that markets had been widely anticipating, with “many” saying that no more cuts are needed at least […]
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Block says gross profit in 2028 will approach $16 billion as company unveils 3-year outlook
Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, U.S., March 25, 2021. Handout | Via Reuters Block said Wednesday that it expects gross profit to increase in the mid-teens […]
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