Breaking News: Technology
Have we seen peak pricing power for Nvidia chips?
Nvidia reported fiscal fourth-quarter results that comfortably topped Wall Street expectations on both revenue and earnings. Shares initially jumped in after-hours trading, but that enthusiasm faded, and the stock was lower Thursday. The pullback may emanate from comments made by CFO Colette Kress during the company’s earnings call regarding inventory levels. For several years, demand […]
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Google launches Nano Banana 2, updating its viral AI image generator
Omer Taha Cetin | Anadolu | Getty Images Google on Thursday rolled out Nano Banana 2, an update to its wildly popular artificial intelligence image generator. The company launched the first Nano Banana in August, and the service quickly went viral. Nano Banana Pro hit the market in November, built on Gemini 3 Pro. Google […]
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C3 AI shares plummet as company cuts 26% of workforce, posts wider loss than expected
Jonathan Raa | Nurphoto | Getty Images Shares of C3 AI sank 17% on Thursday, trading at a record low, after the company reported disappointing third-quarter fiscal results and announced cuts to over a quarter of its workforce. The enterprise artificial intelligence company with the ticker AI reported $53 million in third-quarter revenue, far below […]
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EBay laying off about 800 roles, or 6% of its workforce
eBay’s headquarters in San Jose, California, U.S. Bloomberg | Getty Images EBay said Thursday it is cutting about 800 roles, or 6% of its workforce, in the latest round of layoffs at the e-commerce company. “We are taking steps to reinvest across our business and align our structure with our strategic priorities, which will affect […]
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The world’s biggest sovereign wealth fund is using Anthropic’s Claude AI model to screen investments for ethical issues
Nicolai Tangen, CEO of Norges Bank Investment Management, addresses a press conference on his company’s annual results for 2024 at Norges Bank in Oslo, Norway, on January 29, 2025. Ole Berg-rusten | Afp | Getty Images Norway’s $2 trillion oil fund, one of the world’s biggest investors, said Thursday that it is now using AI […]
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Instagram to start parent alerts for teen suicide, self-harm searches as Meta trials continue
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., exits Los Angeles Superior Court in Los Angeles, California, US, on Wednesday, Feb. 18, 2026. Kyle Grillot | Bloomberg | Getty Images Instagram said Thursday that it will alert parents when teens repeatedly search for suicide and self-harm terms as parent company Meta comes under scrutiny […]
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Nvidia’s stock sees only marginal gains after better-than-expected results. Here’s the latest
Nvidia stock is up 1.3% in pre-market trading on Thursday, as investor concerns around the AI infrastructure boom dampened enthusiasm about its better-than-expected earnings. Revenue for its fiscal fourth-quarter hit $68.13 billion, ahead of analyst estimates of $66.21 billion, according to LSEG. Total revenue climbed 73% from the figure Nvidia reported a year ago and […]
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Nvidia keeps the AI party alive with a booming quarter and even better outlook
Nvidia on Wednesday delivered strong quarterly results to cap off its fiscal year, outdone only by the chip giant’s outlook for the current quarter, in a sign the AI boom continues apace. Revenue in the company’s fiscal 2026 fourth quarter increased 73% year over year to $68.13 billion, outpacing the $66.2 billion the Street was […]
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AI disruption didn’t show up in Salesforce results. But the fears are hard to shake
Salesforce on Wednesday evening delivered better-than-expected 2026 fourth-quarter results as its Agentforce artificial intelligence platform became increasingly embedded across the business. However, the stock dropped in after-hours trading as investors remained anxious about the potential of AI disrupting traditional enterprise software companies. Revenue in the quarter ended Jan. 31 rose 12% year over year to […]
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Nvidia’s Jensen Huang says markets ‘got it wrong’ on AI threat to software companies
Nvidia CEO Jensen Huang delivers a keynote address at the Consumer Electronics Show in Las Vegas, Nevada, on Jan. 6, 2025. Patrick T. Fallon | Afp | Getty Images Nvidia CEO Jensen Huang said Wednesday markets have miscalculated the AI threat to software companies in an interview hours after the chip behemoth issued an upbeat […]
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