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Technology

Technology

How Samsung fell behind in the AI boom leading to a $126 billion wipeout

A Samsung Electronics Co. 12-layer HBM3E, top, and other DDR modules arranged in Seoul, South Korea, on Thursday, April 4, 2024.  SeongJoon Cho |...

by admin November 7, 2024
How Samsung fell behind in the AI boom leading to a 6 billion wipeout
Technology

Affirm beats on top and bottom lines

Affirm, the provider of buy now, pay later loans, reported better-than-expected fiscal first-quarter results. Here is how the company did, compared to analysts’ consensus...

by admin November 7, 2024
Affirm beats on top and bottom lines
Technology

Block reports revenue miss but a slight beat on earnings

Block reported third-quarter revenue on Thursday that trailed Wall Street expectations. The stock initially sold off after hours but erased most of its losses...

by admin November 7, 2024
Block reports revenue miss but a slight beat on earnings
Technology

Pinterest stock plunges following weak Q4 revenue guidance

Bill Ready, CEO of Pinterest, rings the opening bell at the New York Stock Exchange on May 15, 2024. Brendan McDermid | Reuters Pinterest...

by admin November 7, 2024
Pinterest stock plunges following weak Q4 revenue guidance
Technology

Qualcomm pops on chipmaker’s earnings and revenue beat

Qualcomm CEO Cristiano Amon speaks at the Computex forum in Taipei, Taiwan, June 3, 2024. Ann Wang | Reuters Qualcomm reported fourth-quarter earnings on...

by admin November 6, 2024
Qualcomm pops on chipmaker's earnings and revenue beat
Technology

Coinbase CEO Brian Armstrong is more than $2 billion richer after post-election stock pop

Brian Armstrong, co-founder and chief executive officer of Coinbase Inc., speaks during the Singapore Fintech Festival, in Singapore, on Friday, Nov. 4, 2022.  Bryan...

by admin November 6, 2024
Coinbase CEO Brian Armstrong is more than  billion richer after post-election stock pop
Technology

Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win

Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory in the U.S. presidential election Wednesday. The...

by admin November 6, 2024
Jeff Bezos, Sam Altman, Tim Cook and other tech leaders congratulate Trump on election win
Technology

Super Micro shares plummet 18% after financial update heightens investor concerns

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade...

by admin November 6, 2024
Super Micro shares plummet 18% after financial update heightens investor concerns
Technology

Perplexity AI in final stages of raising $500 million round at $9 billion valuation

Perplexity AI logo is seen in this illustration taken January 4, 2024.  Dado Ruvic | Reuters Perplexity AI, the artificial-intelligence search engine startup, is in...

by admin November 5, 2024
Perplexity AI in final stages of raising 0 million round at  billion valuation
Technology

Bitcoin jumps above $71,000 as U.S. presidential election winds down

Manuel Augusto Moreno | Moment | Getty Images Cryptocurrencies were higher Tuesday evening as investors waited for direction on the potential outcome of the...

by admin November 5, 2024
Bitcoin jumps above ,000 as U.S. presidential election winds down
Technology

Amazon CEO Andy Jassy denies that 5-day office mandate is a ‘backdoor layoff’

Amazon CEO Andy Jassy speaks during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November...

by admin November 5, 2024
Amazon CEO Andy Jassy denies that 5-day office mandate is a 'backdoor layoff'
Technology

Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance

Charles Liang, CEO of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on June 5, 2024. Annabelle Chih | Bloomberg |...

by admin November 5, 2024
Super Micro shares plunge 17% after company says no timetable for annual results, issues weak guidance
Technology

Meta extends ban on new political ads past Election Day

Meta’s Mark Zuckerberg plans to visit South Korea, scheduling key meetings during the trip, according to a statement by Meta on Wednesday, which did...

by admin November 4, 2024
Meta extends ban on new political ads past Election Day
Technology

Marqeta shares plunge more than 30% on big forecast miss

Marqeta celebrates its initial public offering at the Nasdaq on June 9, 2021. Source: The Nasdaq Marqeta shares tumbled more than 30% in extended...

by admin November 4, 2024
Marqeta shares plunge more than 30% on big forecast miss
Technology

Palantir shares surge on rosy revenue outlook

Palantir Technologies CEO Alex Karp appears on a Bloomberg television interview during the FoundryCon event in Palo Alto, California, on March 7, 2024. David...

by admin November 4, 2024
Palantir shares surge on rosy revenue outlook
Technology

The Dow needs Nvidia to give chipmakers representation in index after Intel’s plunge

Jensen Huang, co-founder and CEO of Nvidia, speaks during an event in Taipei, Taiwan, on June 2, 2024. Annabelle Chih | Bloomberg | Getty...

by admin November 4, 2024
The Dow needs Nvidia to give chipmakers representation in index after Intel's plunge
Technology

Affirm expands buy now, pay later service to the UK, heating up local competition

PayPal Inc. co-founder and Affirm’s CEO Max Levchin on center stage during day one of Collision 2019 at Enercare Center in Toronto, Canada. Vaughn...

by admin November 4, 2024
Affirm expands buy now, pay later service to the UK, heating up local competition
Technology

Google’s cloud outpaces rivals in third quarter as AI battle heats up

Alphabet CEO Sundar Pichai speaks at the Munich Security Conference at the Hotel Bayerischer Hof in Munich, Germany, on February 16, 2024. Tobias Hase...

by admin November 2, 2024
Google's cloud outpaces rivals in third quarter as AI battle heats up
Technology

Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel

CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with...

by admin November 1, 2024
Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel
Technology

Super Micro’s 45% plunge this week wipes out stock’s gains for the year

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade...

by admin November 1, 2024
Super Micro's 45% plunge this week wipes out stock's gains for the year
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