Nvidia joins Dow Jones Industrial Average, replacing Intel
Nvidia, a leading technology company that has recently gained a lot of attention for becoming one of the most valuable companies in the world,...
Anthropic says AI regulation is crucial for a safer future
According to Anthropic, there is an urgent need to have regulatory frameworks in place to address the growing risks of artificial intelligence (AI) misuse.
AI...
Tech giants bet big on AI and cloud infrastructure
Tech giants are experiencing a transformative period. Companies like Meta, Microsoft, Alphabet, and Amazon are making substantial investments in cloud infrastructure and artificial intelligence...
Apple reports mixed fourth-quarter performance
Apple reported mixed fourth-quarter performance. Revenue and earnings per share beat what Wall Street expected, but net income took a hit from one-time $10.2...
Reddit reported third-quarter revenue of $348.4 million, up 68% year-over-year
Reddit is now a profitable company. The social media platform, which went public in March, announced its third-quarter results on Tuesday, and the results...
Alphabet reports 15% revenue growth and a 34% surge in net income
Google's parent company, Alphabet Inc., smashed Wall Street expectations for the third quarter, reporting 15% revenue growth and a 34% surge in net income.
According...
Tesla earnings per share rose by 9% in Q3 2024 to 72 cents
Tesla reported Q3 2024 results that surpassed Wall Street expectations as its cost per production unit dropped to a record low.
The electric vehicle (EV)...
IBM Q3 revenue rose 1% to $15 billion
IBM reported a mixed third-quarter earnings report on Wednesday, with an increase in revenue but a net loss of $330 million.
The net loss was...
Microsoft has announced new features for Copilot Studio
Microsoft has announced new features for its AI platform Copilot Studio.
The company is adding "autonomous agents" that are designed to automate business tasks.
What do...
Netflix reported revenue of $9.8 billion for Q3 2024
Netflix reported revenue of $9.8 billion for Q3 2024, up 15% year-over-year, surpassing what Wall Street analysts had expected.
Operating income reached $2.91 billion,...