In this article SNAP META Follow your favorite stocksCREATE FREE ACCOUNT A view of Google Headquarters in Mountain View, California, United States on March 23, 2024. Tayfun Coskun | Anadolu | Getty Images Advertising is so back. After a brutal 2022, when brands reeled in spending to cope with inflation, and a 2023 defined by
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A view of the atmosphere during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California. Joe Scarnici | Getty Images Entertainment | Getty Images Snap shares surged 28% on Friday after the company surprised Wall Street by showing a profit and reported sales and user numbers that exceeded analysts’
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model X burns after crashing on U.S. Highway 101 in Mountain View, California, U.S. on March 23, 2018. S. Engleman | Via Reuters Federal authorities say a “critical safety gap” in Tesla‘s Autopilot system contributed to at least 467 collisions, 13 resulting in
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google and Alphabet CEO Sundar Pichai departs federal court on October 30, 2023 in Washington, DC. Pichai testified on Monday to defend his company in the largest antitrust case since the 1990s. Drew Angerer | Getty Images News | Getty Images Alphabet’s board said Thursday
In this article SNAP META Follow your favorite stocksCREATE FREE ACCOUNT Snap reported first-quarter results on Thursday that beat analysts’ estimates and showed a return to double-digit revenue growth. Shares soared more than 25% in extended trading. Here’s how the company did: Earnings per share: 3 cents adjusted vs. a loss of 5 cents expected
An animated avatar generated by the AI video platform Synthesia. Synthesia Nvidia-backed artificial intelligence firm Synthesia on Thursday unveiled a new wave of AI-generated digital avatars that can convey human emotions using a user’s text inputs. The company said its “Expressive Avatars” can blur the lines between the virtual world and real characters. It aims
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, CEO, Meta Platforms, in July 2021. Kevin Dietsch | Getty Images News | Getty Images Meta will report first-quarter results after the bell Wednesday. Here’s what analysts are expecting. Earnings per share: $4.32, according to LSEG. Revenue: $36.16 billion, according to LSEG. Daily
Amazon is opening cloud regions in Southeast Asia because customers want their data stored securely in their own countries, Amazon Chief Technology Officer Werner Vogels said in an exclusive interview. “The reason for this is that many of our customers have been asking for that. They really wanted something local such that they can meet, for
In this article IBM HCP Follow your favorite stocksCREATE FREE ACCOUNT HashiCorp at the Nasdaq MarketSite on Dec. 9, 2021. Source: Nasdaq HashiCorp shares jumped as much as 26% on Tuesday following a media report claiming IBM was in talks to acquire the cloud software maker. Developers use HashiCorp’s software to set up and manage
In this article IQ Follow your favorite stocksCREATE FREE ACCOUNT IQiyi, sometimes dubbed the “Netflix” of China, swung to a profit in 2023 for the first time since it listed in the U.S. in 2018. Bloomberg | Bloomberg | Getty Images BEIJING — Chinese video streaming platform iQiyi is turning its attention to the country’s
In this article WOLF Follow your favorite stocksCREATE FREE ACCOUNT Scott Ostfeld, managing partner and portfolio manager with JANA Partners LLC., speaks during the 13D Monitor’s Active-Passive Investor Summit in New York City, U.S., October 17, 2023. Brendan Mcdermid | Reuters Activist investor Jana Partners has a built a “significant” position in semiconductor firm Wolfspeed
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT “There are a lot of people coming into the middle class, and I really feel that India is at a tipping point, and it’s great to be there,” Apple CEO Tim Cook said in May last year. His comments underscore one reason Apple has recently
AUSTIN, TEXAS — Adam Sullivan left investment banking to mine bitcoin at an awkward time. It was May 2023, bitcoin was trading at around $21,000, U.S. regulators were in the thick of cracking down on the sector writ large, and Core Scientific, the company he had agreed to take over, was battling angry lenders in
The Bitcoin network on Friday evening completed its fourth “halving,” reducing the rewards earned by miners to 3.125 bitcoins from 6.25. The price of bitcoin fell about 4% this week to about $64,100, according to Coin Metrics. Mechanically, the halving itself shouldn’t affect the price of bitcoin in the short term, but many investors are
HELL’S GATE, Kenya — Two-and-a-half hours northwest of Nairobi by car, a small group of bitcoin miners set up shop at the site of an extinct volcano near Hell’s Gate National Park. The mine, tucked away on the edge of Lake Naivasha, is operated by a startup called Gridless and consists of a single 500-kilowatt
Dado Ruvic | Reuters The Bitcoin network on Friday night slashed the incentives rewarded to miners in half for the fourth time in its history. The celebrated event, which takes place about once every four years as mandated in the Bitcoin code, is designed to slow the issuance of bitcoins, thereby creating a scarcity effect
A drone operator loads a Walmart package into Zipline’s P1 fixed-wing drone for delivery to a customer home in Pea Ridge, Arkansas, on March 30, 2023. Bunee Tomlinson Autonomous delivery drone startup Zipline said Friday that it hit its 1 millionth delivery to customers and that it’s eyeing restaurant partnerships in its next phase of
Taiwan plays a critical role in the AI chip revolution and the global semiconductor industry, the chief executive of the Taiwan Stock Exchange told CNBC in an exclusive interview. Sherman Lin, chairman and CEO of Taiwan Stock Exchange Corporation attributed the strong gains on the Taiwan Weighted Index to “the AI revolution.” “It is just
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