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Tag: Technology

Arm issues light earnings guidance as the company stops disclosing number of chips reported as shipped

Rene Haas, chief executive officer of Arm Holdings plc, during the Computex conference in Taipei, Taiwan, on Tuesday, June 4, 2024.Annabelle Chih |...

Meta’s Reality Labs posts $4.5 billion loss in second quarter

A visitor wears a virtual reality headset Meta Quest as he takes part in an immersive experience stand during the Viva Technology show...

Qualcomm beats estimates and phone chip sales are up 12%

Qualcomm president and CEO Cristiano Amon speaks at a news conference during CES 2022 in Las Vegas, Nevada, U.S. January 4, 2022.Steve Marcus...

Kamala Harris gets support of more than 100 VCs and tech execs in online pledge

Democratic presidential candidate, U.S. Vice President Kamala Harris speaks at a campaign rally at the Georgia State Convocation Center on July 30, 2024...

Nvidia shares soar 11% after Microsoft quells fears that AI buildout is too fast

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., displays the new Blackwell GPU chip during the Nvidia GPU Technology Conference on...

This AI-powered financial advisor has quickly gained $20 billion in assets

AI-generated responses are becoming more common, whether travelers know or not.Westend61 | Getty ImagesAn automated financial advisor called PortfolioPilot has quickly gained $20...

Meta set to report second-quarter earnings after the bell

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023.Josh...

Taco Bell to roll out AI drive-thru ordering in hundreds of locations by end of year

Gastonia, North Carolina, Taco Bell Mexican fast food restaurant and drive thru at dusk. Jeff Greenberg | Universal Images Group | Getty ImagesYum Brands...

Uber to start using BYD cars in Europe, Latin America and develop ‘autonomous-capable vehicles’

BYD launched the BYD Seal in Europe at the IAA auto show in Munich, Germany. The electric sedan has a starting price of...

AMD jumps 9% in premarket trading as global chip stocks rally after earnings and geopolitics lift sector

Shares of global semiconductor firms rallied on Wednesday as they were boosted by some positive earnings in the sector and a report of...

ASML shares pop 7% after report that U.S. will exempt allies from new China chip restrictions

Shares of ASML jumped as much as 10% on Wednesday after a Reuters report suggested that the company could be exempted from expanded...

TikTok-owner ByteDance’s Singapore workers suffer mass food poisoning

A bipartisan group of U.S. lawmakers introduced legislation on Tuesday to give China's ByteDance about six months to divest popular short video app...

We’re upgrading Microsoft after earnings. The stock has pulled back enough lately

Microsoft delivered an overall strong quarter after Tuesday's market close, but a miss on Azure revenue growth put shares under pressure in extended-hours...

Samsung second-quarter operating profit soars 1,458% as AI demand remains strong; results top estimates

The Samsung logo is on display at their pavilion during the Mobile World Congress in Barcelona, Spain, on February 28, 2024. (Photo by...

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