Nvidia to join Dow Jones Industrial Average, replacing 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 EIFO … Read more
Breaking News: Markets
Super Micro’s 44% 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 show … Read more
Jack Dorsey’s Block expands Square Card service to the UK
Marco Bello | AFP | Getty Images LONDON — Block, the payments company owned by tech billionaire Jack Dorsey has launched its corporate card service in … Read more
Bitcoin briefly tops $70,000 for the first time since June
Omer Taha Cetin | Anadolu | Getty Images Bitcoin briefly climbed above $70,000 as investors braced themselves for MicroStrategy earnings and counted the days to … Read more
Lilium shares plunge after air taxi firm says subsidiaries filing for insolvency
German company Lilium produces flying electric passenger drones. Lilium Shares of Lilium tanked Thursday after the air taxi firm said in a filing that its two main … Read more
Bitcoin hits highest level since July, boosting crypto-related stocks
Avishek Das | Lightrocket | Getty Images The price of bitcoin neared $68,400 on Wednesday, reaching its highest level since July and sparking a rally … Read more
Generative AI startups get 40% of all VC investment in cloud: Accel
Style-photography | Istock | Getty Images Generative artificial intelligence startups are getting 40% of all the venture capital funding that flows into cloud companies, according … Read more
Chip firm ASML shares plunge 15% after company sees weaker China sales
An icon of ASML is displayed on a smartphone, with an ASML chip visible in the background. Nurphoto | Nurphoto | Getty Images Shares in … Read more
Xpeng exec says Chinese EV firm committed to Europe despite tariffs
Chinese electric vehicle maker Xpeng remains committed to Europe for the long term despite pressure it faces from the European Union’s tariffs, according to a … Read more
Tesla (TSLA) stock drops after Cybercab robotaxi reveal
Tesla unveils its “Cybercab” on October 10, 2024 in Burbank, California. Courtesy: Tesla Tesla shares tumbled 8% on Friday after the electric vehicle company’s long-awaited … Read more