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Nvidia slides further in post-market trading after plunge that wiped out almost $300 billion in market cap
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Nvidia shares fell 2% in extended trading after Bloomberg reported that the company received a subpoena from the Department of Justice as part of an antitrust investigation. The slide comes after Nvidia dropped nearly […]
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Nvidia tumbles, leading chip stocks lower
Jensen Huang, co-founder and CEO of Nvidia, displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference in San Jose, California, on March 18, 2024. David Paul Morris/Bloomberg via Getty Images Semiconductor stocks, led by Nvidia, fell Tuesday during an overall down day for the market. The S&P 500 slid by more than […]
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Elon Musk’s X can proceed to trial in case against Media Matters after Texas judge denies dismissal request
The Twitter logo is displayed on a smartphone screen and on a computer screen in Athens, Greece, on April 20, 2024. Nurphoto | Nurphoto | Getty Images A federal judge in Texas has ruled against Media Matters and its request to dismiss a lawsuit filed by Elon Musk’s X. Because of U.S. District Judge Reed […]
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Dell beats estimates as server sales soar 80%, riding AI wave
Michael Dell at the Allen & Company Sun Valley Conference on July 12, 2024 in Sun Valley, Idaho. David Grogan | CNBC Dell reported quarterly results on Thursday that beat Wall Street expectations, powered by an 80% increase in server sales. The stock rose more than 3% in extended trading. Here’s how the company did for […]
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Cord cutters prepare for political ad blitz as campaigns flood Roku, Hulu ahead of election
Vice President Kamala Harris, left, and former President Donald Trump Reuters Consumers who cut their cable cord in recent years are finding that there’s one thing about linear TV they can’t escape: political ads. With the U.S. presidential election less than 70 days away, campaigns are swarming streaming services like Roku and Hulu to such […]
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Google to relaunch tool for creating AI-generated images of people after pulling service due to inaccuracies
The Deepmind logo is being displayed on a smartphone with the Google Gemini logo in the background in this photo illustration in Brussels, Belgium, on February 8, 2024. Jonathan Raa | Nurphoto | Getty Images Google said it will soon allow users to create images of people using its Gemini artificial intelligence tool, after pulling […]
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Nvidia reports earnings after the bell
Nvidia CEO Jensen Huang speaks during Computex 2024 in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Nvidia reports second fiscal-quarter earnings Wednesday after the bell. Here is what Wall Street expects from the chipmaker in the quarter ending in July, according to LSEG estimates: Earnings per share: 64 cents adjusted […]
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Nvidia has become world’s ‘most important stock,’ adding pressure to upcoming earnings report
Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024. Ann Wang | Reuters For Nvidia investors, the past two years have been a joyride. But recently they’ve been on more of a roller coaster. As the primary beneficiary of the artificial intelligence boom, Nvidia has […]
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Meta says it found WhatsApp accounts linked to Iranian hackers targeting Biden and Trump
Meta said Friday that it blocked a “small cluster” of WhatsApp accounts linked to an Iranian hacking group that was targeting officials associated with President Joe Biden and former President Donald Trump. The company said in a blog post that the bogus WhatsApp accounts appeared to originate from the Iranian threat actor dubbed APT42, which […]
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Meta CEO Mark Zuckerberg receives letter from lawmakers concerned about illicit drug ads on Facebook and Instagram
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on “The Circuit with Emily Chang” at Meta headquarters in Menlo Park, California, US, on Thursday, July 18, 2024. Jason Henry | Bloomberg | Getty Images A bipartisan group of lawmakers sent Meta CEO Mark Zuckerberg a letter on Thursday expressing concern that […]
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