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Nvidia reports second-quarter earnings after the bell
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters Nvidia reports fiscal second-quarter earnings on Wednesday after the bell. Here’s how Nvidia is expected to do versus LSEG consensus estimates: Earnings per share: $1.01, adjusted Revenue: $46.02 billion That would represent 53% […]
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Apple announces launch event on Sept. 9, iPhone 17 expected
Apple announces an iPhone event on Sept. 9. Courtesy: Apple Apple on Tuesday sent invites to the media and analysts for a launch event at its campus on September 9 at 10 A.M pacific time. The tagline on the invite is: “Awe dropping.” Apple is expected to release new iPhones, as it usually does in […]
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Nvidia’s new ‘robot brain’ goes on sale for $3,499 as company targets robotics for growth
NVIDIA Jetson AGX Thor. Courtesy: NVIDIA Nvidia announced Monday that its latest robotics chip module, the Jetson AGX Thor, is now on sale for $3,499 as a developer kit. The company calls the chip a “robot brain.” The first kits ship next month, Nvidia said last week, and the chips will allow customers to create […]
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Nvidia faces Wall Street’s high expectations two years into AI boom
Nvidia CEO Jensen Huang attends the “Winning the AI Race” Summit in Washington D.C., U.S., July 23, 2025. Kent Nishimura | Reuters It’s been two years since the explosion of generative artificial intelligence started to transform Nvidia’s business. Since then, the chipmaker’s revenue has more than tripled and profits have quadrupled. Nvidia‘s second-quarter earnings report, […]
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How the U.S. space industry became dependent on SpaceX
SpaceX is valued at around $400 billion and is critical for U.S. space access, but it wasn’t always the powerhouse that it is today. Elon Musk founded SpaceX in 2002. Using money that he made from the sale of PayPal, Musk and his new company developed their first rocket, the Falcon 1, to challenge existing […]
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Intel stock rises as Trump says chipmaker has agreed to sell stake to government
Lip-Bu Tan, chief executive officer of Intel Corp., departs following a meeting at the White House in Washington, DC, US, on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel shares rose about 6% on Friday after Bloomberg reported that the Trump administration is poised to announce that the U.S. government will […]
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Sony raises PlayStation 5 prices in U.S. as tariffs start to hit
The PlayStation DualSense controller and PlayStation 5 console. Jakub Porzycki | Nurphoto | Getty Images PlayStation 5 game consoles will cost $50 more in the U.S. starting this week, Sony announced on Wednesday. The price for an entry-level PlayStation 5 Digital Edition will increase from $450 to $500, and a PlayStation 5 with a disc […]
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Samsung taking market share from Apple in U.S. as foldable phones gain momentum
In 2014, Apple and Samsung were duking it out to rule the U.S. smartphone market. Samsung was selling devices with large screens, and iPhone fans were demanding a response. It took Apple some time, but the company finally released the iPhone 6, breaking with previous iterations and giving consumers a large-screen option. The iPhone won. […]
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Sen. Hawley to probe Meta AI bot policies for children following damning report
Meta Platforms CEO Mark Zuckerberg departs after attending a Federal Trade Commission trial that could force the company to unwind its acquisitions of messaging platform WhatsApp and image-sharing app Instagram, at U.S. District Court in Washington, D.C., U.S., April 15, 2025. Nathan Howard | Reuters Sen. Josh Hawley, R-Mo., said Friday that he will investigate […]
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Applied Materials shares sink 10% on light forecast amid macroeconomic uncertainties
The Applied Materials logo on Dec. 17, 2024. Nurphoto | Nurphoto | Getty Images Applied Materials shares sank more than 10% in extended trading Thursday as the semiconductor equipment company provided outlook for the current quarter that came in light. Here’s how Applied Materials did in its third-quarter earnings results versus LSEG consensus estimates: EPS: […]
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