Arm Q1 earnings report 2025
Arm Q1 earnings report 2025
shares fell more than 13% in extended trading on Wednesday after the chip-architecture maker issued light earnings guidance for the current quarter and the full fiscal year. Here's how the company did in the fiscal first quarter compared wi...
2024-08-01 10:51:21
23andMe CEO Anne Wojcicki files proposal to take company private
23andMe CEO Anne Wojcicki files proposal to take company private
Anne Wojcicki, CEO of , has submitted a proposal to take the as its stock price continues to hover below $1. Wojcicki said she was prepared to acquire all of 23andMe's outstanding shares of common stock in cash for 40 cents per share, accor...
2024-08-01 10:51:12
<b>Meta advertising growth proof that hefty AI spending is paying off</b>
Meta advertising growth proof that hefty AI spending is paying off
For investors who are skeptical of massive spending on artificial intelligence and whether it will pay off anytime soon, CEO is urging them to look to the present. After the company's better-than-expected on Wednesday, Zuckerberg and financ...
2024-08-01 10:51:04
Microsoft says OpenAI is now a competitor in AI and search
Microsoft says OpenAI is now a competitor in AI and search
's relationship with OpenAI has officially become more complicated. On Tuesday, Microsoft added the artificial intelligence startup to the list of competitors in the company's . It's a roster that for years has included mega-cap peers , , a...
2024-08-01 10:50:55
Ether slips after SEC opens the door to ether ETFs, but still posts best week in more
Ether slips after SEC opens the door to ether ETFs, but still posts best week in more
Watch Daily: Monday - Friday, 3 PM ET slipped on Friday even after the Securities and Exchange Commission that will pave the way for exchange-traded funds that buy and hold the cryptocurrency. The price of ether fell about 1% to around $3,7...
2024-05-29 10:36:13
Nvidia (NVDA) earnings report Q1 2025
Nvidia (NVDA) earnings report Q1 2025
The company's largest and most important business is its data center sales, which includes its AI chips as well as many of the additional parts needed to run big AI servers. Nvidia said its data center category rose 427% from the year-ago q...
2024-05-29 10:36:05
Nvidia CEO Jensen Huang's net worth swells by $87 billion in 5 years
Nvidia CEO Jensen Huang's net worth swells by $87 billion in 5 years
Five years ago, CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday's rally, which pushed the stock to a record, his holdings now stand at more than $90 billion. Nvidia late Wednesday reported that toppe...
2024-05-29 10:35:58
<b>Google's AI Overview catches heat for absurd, factual errors</b>
Google's AI Overview catches heat for absurd, factual errors
It's been less than two weeks since debuted "AI Overview" in Google Search, and public criticism has mounted after queries have returned nonsensical or inaccurate results within the AI feature — without any way to opt out. AI Overview sho...
2024-05-29 10:35:51
<b>Digital health companies are launching programs around GLP-1s </b>
Digital health companies are launching programs around GLP-1s
For Gray Beard, a kindergarten teacher in Charlotte, North Carolina, losing weight had become a grueling task. She'd tried five different programs in her life and never found lasting results. Her luck started to change last year, when she s...
2024-05-29 10:35:43
<b>Neuralink competitor Precision Neuroscience testing human brain implant</b>
Neuralink competitor Precision Neuroscience testing human brain implant
As the lights dimmed in an operating room at The Mount Sinai Hospital in New York City, Dr. Joshua Bederson prepared to make history. Bederson, system chair for the Department of Neurosurgery at Mount Sinai Health System, is no stranger to...
2024-05-29 10:35:36
OpenAI creates new oversight team, begins training next model
OpenAI creates new oversight team, begins training next model
OpenAI on Tuesday said it created a safety and security committee led by senior executives, after disbanding its previous oversight board in mid-May. The new committee will be responsible for recommending to OpenAI's board "critical safety...
2024-05-29 10:35:29
Activist Elliott takes $2.5 billion stake in Texas Instruments
Activist Elliott takes $2.5 billion stake in Texas Instruments
Elliott, the $65 billion hedge fund best known for its , has made a $2.5 billion investment in and is urging the company to improve its free cash flow by adopting a less rigid plan for capital expenditures. In a 13-page letter viewed by CNB...
2024-05-29 10:35:20
T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal; U.S. Cellular shares s
T-Mobile to acquire most of U.S. Cellular in $4.4 billion deal; U.S. Cellular shares s
Shares of popped more than 12% Tuesday after that it plans to acquire most of the company, including the wireless operator's stores, some of its spectrum assets and its customers in a deal worth $4.4 billion. The deal includes cash and up t...
2024-05-29 10:35:13
Semler Scientific surges on new bitcoin treasury strategy
Semler Scientific surges on new bitcoin treasury strategy
, a little-known medical technology company, saw its shares surge Tuesday after it said it has adopted as its primary treasury reserve asset, taking a page out of MicroStrategy's playbook. The company, which develops products used in the de...
2024-05-29 10:35:06
FTX Ryan Salame sentenced
FTX Ryan Salame sentenced
In 2021, Salame transitioned from a high-ranking post at Bankman-Fried's crypto hedge fund, Alameda Research, to co-CEO of FTX's Bahamian subsidiary, FTX Digital Markets. Salame spent millions on real estate and campaign donations during hi...
2024-05-29 10:34:59