AI demand boosts iPhone maker Foxconn’s second-quarter profit by 27%, beating forecasts
AI demand boosts iPhone maker Foxconn’s second-quarter profit by 27%, beating forecasts Read More »
CNBC
Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Perplexity AI’s offer of $34.5 billion for Google’s Chrome browser is a lot lower than where some analysts value the business.
Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision Read More »
Cisco reports narrow earnings beat, issues inline forecast for the year
Cisco’s results for the fiscal fourth quarter came in mostly as analysts had expected.
Cisco reports narrow earnings beat, issues inline forecast for the year Read More »
CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration
CoreWeave’s stock dropped about 14% after the renter of artificial intelligence data centers reported a bigger-than-expected loss.
CoreWeave stock slumps 14% on wider-than-expected loss ahead of lockup expiration Read More »
Amazon launches same-day delivery of meat, eggs, produce in more than 1,000 cities
The service is launching in more than 1,000 U.S. cities and towns, with plans to expand to at least 2,300 locations by the end of this year.
Amazon launches same-day delivery of meat, eggs, produce in more than 1,000 cities Read More »
Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound
Ether could test its all-time high this week for the first time since the cryptocurrency saw the level in 2021.
Ether nears 2021 record high as money pours into ETFs, bullish forecasts abound Read More »
How Big Tech is paying its way out of Trump’s tariffs
Analysts say the deals show just how important it is for the world’s largest companies to find some tariff relief.
How Big Tech is paying its way out of Trump’s tariffs Read More »
Chinese tech giant Tencent’s quarterly revenue jumps 15% on AI investments, gaming unit boost
Tencent on Wednesday reported a 15% jump in second-quarter revenue as a strong performance in its gaming unit and investments in AI boosted growth.
Circle shares fall after stablecoin issuer says it will offer 10 million shares
Circle Internet Group shares fell after the company said it would offer 10 million Class A common shares.
Circle shares fall after stablecoin issuer says it will offer 10 million shares Read More »
CoreWeave shares drop even as revenue tops estimates
CoreWeave expanded its business with OpenAI during the second quarter.
CoreWeave shares drop even as revenue tops estimates Read More »