Technology
Instacart jumps 14% on strong results as CEO calls grocery competition fears ‘overblown’
Jakub Porzycki | Nurphoto | Getty Images Instacart‘s stock surged more than 14% after the company’s robust results alleviated worries over mounting competitive pressures in the grocery delivery market. During an earnings call with analysts, CEO Chris Rogers, who took the helm last year, called the concerns “overblown” and said the company monitors threats “extremely […]
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Enterprise AI startup Cohere tops revenue target as momentum builds to IPO: Investor memo
Aidan Gomez, chief executive officer of Cohere Inc., at the Bloomberg Tech summit in London, UK, on Tuesday, Oct. 21, 2025. Chris Ratcliffe | Bloomberg | Getty Images Artificial intelligence startup Cohere has told investors that it’s seeing momentum with enterprise customers, even as rivals like Google, Anthropic and OpenAI claw for market share. Cohere […]
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Pinterest is down 22% premarket as tariffs hit earnings. Here’s what’s happening
In this photo illustration, a smartphone displays the logo of Pinterest in front of a screen showing the company’s latest stock market chart on February 3, 2026. Cheng Xin | Getty Images News | Getty Images Pinterest shares were down 22% in premarket trading on Friday, after the company cited tariff-related shocks in disappointing fourth-quarter […]
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Trucking and real estate stocks struggle to gain momentum in premarket after becoming latest victims of AI fears
In an aerial view, trucks line up to enter a shipping berth at the Port of Oakland on Aug. 26, 2025 in Oakland, California. Justin Sullivan | Getty Images Investors are anxious heading into the final trading session of the week, after AI concerns gripped equity markets again to trigger a fresh sell-off — this […]
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The Tech Download: Can hyperscalers justify their huge AI capex?
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. The core Earnings season has seen endless spending commitments from tech companies as they scramble to build out data center capacity amid the AI boom. Hyperscalers, including the likes of Amazon, Microsoft, Meta and Alphabet, announced capital […]
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These four charts show how reliant Europe is on U.S. digital infrastructure
As geopolitical tensions between the EU and the U.S. escalate, these charts show how reliant the continent is on American tech providers, despite pledges to become more independent. Since returning to the White House last year, U.S President Donald Trump imposed tariffs on the continent and caused headaches and fear in Europe as he initially […]
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China’s Baidu adds OpenClaw AI into search app for 700 million users ahead of Lunar New Year
Key Points Baidu added OpenClaw to its search app for 700 million users. Previously, the AI agent could only be accessed from chat-based apps such as WhatsApp or Telegram. The integration comes as Chinese tech companies compete for new AI users ahead of the Lunar New Year holiday. Source
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Waymo is paying DoorDash gig workers to close its robotaxi doors
A Waymo autonomous taxi outside the Google headquarters in Mountain View, California, US, on Tuesday, Feb. 3, 2026. David Paul Morris | Bloomberg | Getty Images Waymo’s cars are driven without humans. But when a departing passenger leaves a door open, the car won’t move until a person closes it. For that task, Waymo is […]
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Amazon’s Ring cancels Flock partnership amid Super Bowl ad backlash
Ring security cameras are displayed on a shelf at a Target store on June 01, 2023 in Novato, California. Justin Sullivan | Getty Images Ring is terminating its partnership with police tech provider Flock Safety, the Amazon-owned company announced Thursday. The partnership between Flock and Ring came under scrutiny after the Amazon doorbell company ran […]
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Cisco stock has worst day since 2022 as memory prices pressure margins
A logo sits illuminated outside the Cisco booth at ISE 2024 on January 30, 2024 in Barcelona, Spain. Cesc Maymo | Getty Images Cisco Systems shares closed 12% lower Thursday as rising memory prices put pressure on the networking company’s margins. It’s the stock’s worst day since 2022. Strong demand for artificial intelligence data centers […]
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