Broadcom beats on earnings and revenue
Broadcom’s artificial intelligence business is at the center of the company’s recent boom.
Broadcom beats on earnings and revenue Read More »
CNBC
Microsoft’s stock hits fresh record, rallying despite drop in broader market
Microsoft shares climbed to a record high for the first time since July of last year.
Microsoft’s stock hits fresh record, rallying despite drop in broader market Read More »
Anduril raises funding at $30.5 billion valuation in round led by Founders Fund, chairman says
Anduril Chairman Trae Stephens told Bloomberg on Thursday that the defense tech company has just raised $2.5 billion at a $30.5 billion valuation.
Palantir CEO Karp says AI is dangerous and ‘either we win or China will win’
Palantir CEO Alex Karp said the artificial intelligence arms race with between the U.S. and China will culminate in one country coming out on top.
Palantir CEO Karp says AI is dangerous and ‘either we win or China will win’ Read More »
Tesla shares sink 5% as Musk continues to bash Trump’s spending bill
The drop comes as shares of the EV maker saw a 22% rally in May with Musk wrapping his time as Trump’s Department of Government Efficiency, or DOGE.
Tesla shares sink 5% as Musk continues to bash Trump’s spending bill Read More »
MongoDB jumps 15% after company boosts guidance, cites confidence in cloud-based database service
The company also boosted its share buyback plan by $800 million to $1 billion.
Nintendo Switch 2 hype leads to shortages, special store opening hours
Nintendo says it expects to sell 15 million Switch 2s in the fiscal year ending March 2026. Analysts say that estimate is conservative.
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Involution or evolution? China wants to stop the EV price war, but analysts are doubtful
There’s a buzzword in China to describe excessive competition, in a race to the bottom: nei juan, or “involution.”
Involution or evolution? China wants to stop the EV price war, but analysts are doubtful Read More »
British fintech Wise to move primary listing to the U.S. in blow to London stock exchange
“This would allow Wise’s shares to trade on both a US stock exchange and the LSE,” Wise said Thursday.
After Trump pulled NASA nomination, Musk ally Jared Isaacman says stint in politics was ‘thrilling’
Shift4 founder Jared Isaacman, who had been President Trump’s pick to run NASA, told investors in a letter on Wednesday that he’s giving up his CEO role.