Tech Archives - Page 128 of 1385

2 minute read

Cash-Strapped Fisker’s CEO Lists Luxurious Hollywood Mansion For More Than Company’s Worth As Bankruptcy Looms

May 2, 2:36 AM

As per a real estate listing, the house in Los Angeles has 11,800 square feet of living space, 6 beds, 8 baths, and offers a "quintessential Southern California living experience."

FSRN

2 minute read

Giga Pause: Elon Musk’s Tesla Reportedly Backs Down On Ambitious EV Manufacturing Technique Amid Hardcore Cost-Cutting Drive

By Benzinga Neuro

May 2, 1:42 AM

This move is another instance of Tesla cutting short-term expenditure as it adapts to declining sales, shrinking profit margins, and escalating competition.

BYDDF

2 minute read

Elon Musk Finds ‘Smoking Gun’ Constitutional Violation As Jim Jordan Challenges Mark Zuckerberg’s Facebook To Tell Truth Behind White House Censorship Of Lab Leak Theory

By Ananya Gairola

May 2, 12:31 AM

Elon Musk reacts to Rep. Jim Jordan's criticism of the Biden administration's alleged efforts to suppress the COVID-19 lab leak theory, highlighting a potential violation of the First Amendment.

TSLA

2 minute read

Elon Musk Reacts To Algorithm Changes On Mark Zuckerberg-Led Instagram Geared Toward Rewarding Originality: ‘Content About To Drop 99%’

By Ananya Gairola

May 1, 11:42 PM

Elon Musk responded with amusement to a social media user's comment that Instagram's new algorithm change, prioritizing original content, could drastically reduce the platform's content by 99%, reflecting ongoing criticism of content duplication on social media platforms.

Palantir CEO Alex Karp Jokes About Drone-Striking Rivals, Suggests Sending Protesters To North Korea At Capitol Hill Forum

By Ananya Gairola

May 1, 9:53 PM

During a Capitol Hill forum, Palantir CEO Alex Karp made controversial remarks about drone-striking business rivals and humorously suggested sending protesters to North Korea, sparking discomfort among attendees.

PLTR

2 minute read

Nvidia’s Roller Coaster Ride Through Early 2024 Sets The Stage For A Potential Market Shakeup As Investors Eye The Critical First Quarter Earnings Report

By Zaheer Anwari

May 1, 6:35 PM

Nvidia started 2024 with a strong performance, witnessing a 96% bull rally. Surpassing $974 might indicate further growth. Attention is turning towards Nvidia’s anticipated first-quarter earnings report.

NVDA

3 minute read

TikTok Ban: Is The US Government Taking A Page From China’s Censorship Book?

By Natan Ponieman

May 1, 5:11 PM

New legislation gives TikTok's parent company 9-12 months to sell its US operations or face a ban. The bill has bipartisan support and could lead to EU action. China's Great Firewall restricts access to many popular websites and social media platforms.

BIDU

2 minute read

Qualcomm Q2 Earnings Highlights: Revenue Beat, EPS Beat, Record Automotive Results, On-Device AI Growth

By Chris Katje

May 1, 4:01 PM

Qualcomm reported second quarter financial results that topped expectations from analysts. A look at the highlights and guidance.

QCOM

2 minute read

Intel Gains Favor With Redditors Over Nvidia, AMD As ‘High Uncertainty, Low Risk’ Stock Play

By Surbhi Jain

May 1, 3:43 PM

Intel is attracting attention from Reddit's ValueInvesting community for its potential turnaround and long-term growth. With a favorable market cap compared to competitors and investments in cutting-edge technologies, investors see opportunity for substantial returns.

AMD

1 minute read

Why Is Software Megacap ADP’s Stock Trading Higher Today?

By Anusuya Lahiri

May 1, 3:15 PM

ADP beat analyst expectations with $5.25B in Q3 revenues and $2.88 EPS. EBIT and net earnings also increased. FY24 outlook includes 6-7% revenue growth and 10-12% EPS growth. Stock gained 12% in past year.

ADP