Apple falls on report that China restricted Iphone use for its federal government officers. Here’s what the execs say
World
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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World
The S&P 500 dropped below a key technical level this week, threatening a year-end rally
The S & P 500 is poised to snap a four-day slide on Wednesday, but the pressure the index has been under this week might not be over. Persistent fears around valuation levels for artificial intelligence stocks have plagued the major averages lately. While investors were optimistic Wednesday that Nvidia’s third-quarter earnings after market closes […]
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World
Luma AI raises $900 million in funding round led by Saudi AI firm Humain
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Video generation startup Luma AI said it raised $900 million in a new funding round led by Humain, an artificial intelligence company owned by Saudi Arabia’s Public Investment Fund. The financing, which included participation from Advanced Micro Devices’ venture arm and existing investors Andreessen Horowitz, […]
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