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Super Micro shares dive after server maker issues weak preliminary financials
Technology

Super Micro shares dive after server maker issues weak preliminary financials

Super Micro Computer CEO Charles Liang at the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg | Getty Images Super Micro shares plunged as much as 19% on Tuesday after the server maker announced preliminary results for the fiscal third quarter that were lower than analysts had projected. Here’s how […]

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Stocks making the biggest moves midday: Apple, Alibaba, Palantir Technologies and more
Finance

Stocks making the biggest moves midday: Apple, Alibaba, Palantir Technologies and more

Check out the companies making headlines in midday trading: Apple — The stock added more than 2% as sentiment on tech shares broadly rose Monday. President Donald Trump announced on Friday that several electronic devices and components will be exempt from U.S. tariffs . The policy benefits Apple given that the majority of the iPhone […]

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Stocks making the biggest moves premarket: Apple, Nvidia, Goldman Sachs, Pfizer and more
Finance

Stocks making the biggest moves premarket: Apple, Nvidia, Goldman Sachs, Pfizer and more

Check out the companies making headlines before the bell: Goldman Sachs — The investment bank gained nearly 2% after reporting a top- and bottom-line beat in the first quarter. Goldman Sachs posted earnings of $14.12 per share, while analysts had called for $12.35, according to LSEG. Revenue of $15.06 billion also beat consensus expectations for […]

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Meta adds former Trump advisor to its board
Technology

Meta adds former Trump advisor to its board

From left, U.S. President Donald Trump, Senator Dave McCormick, his wife Dina Powell McCormick and Elon Musk watch the men’s NCAA wrestling competition at the Wells Fargo Center in Philadelphia, Pennsylvania, on March 22, 2025. Brendan Smialowski | Afp | Getty Images Meta on Friday announced that it was expanding its board of directors with […]

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Nvidia’s Jensen Huang on why DeepSeek’s new model will need ‘100 times more computing’
World

Nvidia’s Jensen Huang on why DeepSeek’s new model will need ‘100 times more computing’

CEO Jensen Huang discussed the impact of Chinese startup DeepSeek’s new artificial intelligence model in a Wednesday interview with CNBC’s Jim Cramer at Nvidia‘s annual GTC conference. Huang asserted that the groundbreaking model will actually require more computation than many in the industry thought. According to Huang, DeepSeek’s R1 model is “fantastic” because it is […]

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AI scammers on Amazon duped investors out of millions with ‘passive income’ scheme, FTC alleges
Technology

AI scammers on Amazon duped investors out of millions with ‘passive income’ scheme, FTC alleges

Packages ride on a conveyor belt during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida.  Miguel J. Rodriguez Carrillo | Getty Images The Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of […]

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Nvidia’s unofficial exports to China face scrutiny after arrest of silicon smugglers in Singapore
World

Nvidia’s unofficial exports to China face scrutiny after arrest of silicon smugglers in Singapore

Nvidia CEO Jensen Huang gives a keynote address at CES 2025, an annual consumer electronics trade show, in Las Vegas, Nevada, U.S. Jan. 6, 2025.  Steve Marcus | Reuters Alarm bells went off in 2024 when Singapore unexpectedly emerged as Nvidia’s second-largest revenue source. The disclosure fueled widespread speculation that Nvidia’s artificial intelligence chips were […]

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Servers used in Singapore fraud case may contain Nvidia chips, minister says
World

Servers used in Singapore fraud case may contain Nvidia chips, minister says

Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia’s advanced chips, a government minister said on Monday. Nurphoto | Nurphoto | Getty Images Servers used in a fraud case that Singapore announced last week were supplied by U.S. firms and may have contained Nvidia’s advanced chips, a government minister said on Monday. Singapore last week charged three men with fraud in a case local media […]

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Stocks making the biggest moves midday: Nvidia, Autodesk, Duoloingo, Alibaba and more
Finance

Stocks making the biggest moves midday: Nvidia, Autodesk, Duoloingo, Alibaba and more

Check out the companies making headlines in midday trading. Nvidia — The heavyweight chipmaker edged lower by 0.1% after market sentiment soured in midday trading, prompted by a tense exchange between President Donald Trump and Ukraine President Volodymyr Zelenskyy that spiked geopolitical concerns. Nvidia had attempted a comeback earlier in the session, following its 8.5% […]

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Stocks making the biggest moves premarket: Nvidia, Alibaba, Rocket Lab and more
Finance

Stocks making the biggest moves premarket: Nvidia, Alibaba, Rocket Lab and more

Check out the companies making headlines before the bell. Nvidia – Shares of the artificial intelligence chip darling fell around 2%, extending its 8.5% loss from the previous session. This comes on the heels of the company seeing a decline in its gross profit margin for the fourth quarter, and its revenue beat for the […]

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