Nvidia shares close up after company unveils latest AI chips

Nvidia stock closed up 1% on Tuesday after CEO Jensen Huang said in an analyst meeting that the company expects to increase its share of the $250 billion data center market. Huang’s comments were made a day after Nvidia announced its latest generation of artificial intelligence chips, called Blackwell, and a new AI software platform. …

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Apple reverses course, approves Epic Games for app store in Europe

Tim Sweeney, chief executive officer of Epic Games Inc., speaks during an interview in Seoul, South Korea, on Tuesday, Nov. 16, 2021.  SeongJoon Cho | Bloomberg | Getty Images Apple has approved Epic Games’ developer account in Sweden, which will allow the company to offer a competing app store on iPhones in Europe under a …

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Rivian electric R2 SUV and R3 crossovers unveiled

Rivian CEO RJ Scaringe reacts at an event to unveil a smaller R2 SUV in Laguna Beach, California, U.S., March 7, 2024. Mike Blake | Reuters Shares of Rivian Automotive surged 13% on Thursday as the EV maker unveiled three new vehicles and announced more than $2 billion in savings related to pausing construction on …

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Coinbase users see $0 balance after crypto-trading app suffers glitch

The Coinbase and bitcoin logos are displayed on a phone screen in San Anselmo, California, on Feb. 15, 2024. Justin Sullivan | Getty Images Coinbase‘s app suffered from glitches on Wednesday that led many users to see a balance of zero when opening their accounts. Bitcoin, which had just spiked to its highest level since …

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Lyft 2023 Q4 earnings report

Air travelers walk toward a Lyft pickup area at Los Angeles International Airport in Los Angeles on Aug. 20, 2020. Mario Tama | Getty Images Lyft shares initially soared in extended trading on Tuesday but pulled way back after the company’s finance chief acknowledged on an earnings call that the press release included a major …

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Microsoft (MSFT) Q2 earnings report 2024

Microsoft CEO Satya Nadella, left, departs from federal court in Washington, D.C., on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images Microsoft shares moved as much as 2% lower in extended trading Tuesday after the software maker issued fiscal second-quarter results that outdid analysts’ estimates and a light quarterly revenue outlook. Here’s how …

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Apple’s Vision Pro headset now available to order

Preorders for Apple‘s $3,499 Vision Pro headset began Thursday morning ahead of its U.S. release on Feb. 2. The Vision Pro is Apple’s first new product category since it released the Apple Watch in 2015. Wall Street doesn’t expect Apple to sell it in the same quantities as it does its other products, such as …

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Google launches its largest and ‘most capable’ AI model, Gemini

Google is launching what it considers its largest and most capable artificial intelligence model Wednesday as pressure mounts on the company to answer how it’ll monetize AI. The large language model Gemini will include a suite of three different sizes: Gemini Ultra, its largest, most capable category; Gemini Pro, which scales across a wide range …

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