Tech Archives - Page 89 of 1385

2 minute read

Elon Musk Reacts After Doge Designer Says Meta ‘Would Be Trillionaires By Now’ If They Had A Dollar For Every Child Safety Investigation

May 16, 9:44 AM

Tesla Inc. CEO Elon Musk laughed at a post by a user about a fresh investigation into Meta Platforms Inc. over child safety concerns.

Visa Rolls Out New Tech Rivaling Apple Pay, Teams Up with Affirm for Easier Transactions

By Anusuya Lahiri

May 16, 9:31 AM

Visa is launching new technology to improve e-commerce, using secure tokens to share customer data. CEO highlights benefits at tech conference.

AAPL

2 minute read

US Inflation Data Prematurely Released By Accident, Yet Traders Missed Golden Opportunity

By Piero Cingari

May 16, 9:26 AM

The U.S. Bureau of Labor Statistics accidentally released critical inflation data for April 30 minutes early on Wednesday.

BLK

1 minute read

Nvidia Tops Hedge Fund Buys as Interest in AI Stocks Fuel Market Gains: Bloomberg

By Anusuya Lahiri

May 16, 9:25 AM

Hedge funds increased holdings in AI companies like Nvidia, Amazon, Meta, and Microsoft while reducing positions in other sectors. Analysts predict huge revenue from Nvidia's new GPUs.

AAPL

2 minute read

Netflix’s NFL Games Through 2026 Set To Drive Explosive Subscriber, Ad Revenue Growth, Says Analyst

By Surbhi Jain

May 16, 9:05 AM

Netflix is acquiring rights to NFL games from 2024 to 2026, signaling its commitment to diversify content and expand reach. Analyst predicts growth potential for stock.

NFLX

2 minute read

GM’s President Just Wants ‘A Level Playing Field’ Against Chinese EV Companies As Legacy Automaker Launches Tesla Model Y Challenger

By Anan Ashraf

May 16, 7:48 AM

China's lower-priced products might force the local players out of the market, Reuss told InsideEVs at the Chevrolet Equinox EV launch event near Detroit.

2 minute read

JD.com’s Q1 Earnings: Revenue And EPS Beat, Adj. EBITDA Growth, CEO Credits Focus on User Experience And More

By Anusuya Lahiri

May 16, 7:28 AM

JD.com reported Q1 2024 results, with revenue of $36.02B beating expectations and adjusted net income per ADS of $0.78. Stock gained after results.

BABA

2 minute read

News
Tech

Tim Cook Hyped ‘Thinnest Apple Product Ever’ At Recent iPad Event, But Cupertino’s Newest Gadget Flunks Durability Test In ‘Catastrophic Failure’

By Rounak Jain

May 16, 6:38 AM

Apple's latest iPad Pro, with its thin design, has been the subject of discussion in the tech community since its launch earlier in May.

AAPL

2 minute read

Amazon, Google-Funded EV Startup And More Companies Scramble To Snag Tesla’s Laid-Off Employees

By Anan Ashraf

May 16, 6:14 AM

Tesla's decision to lay off approximately 500 employees from its Supercharging team as part of its global restructuring efforts has garnered significant attention.

AMZN

2 minute read

Jim Cramer Greets GameStop Sellers As Stock Nosedives Over 16% In Premarket Hours: ‘Top Of The Mornin’ Fellas!’

By Rounak Jain

May 16, 5:37 AM

Jim Cramer greeted GameStock sellers for an early start on Thursday, after premarket data showed the meme stock was down by over 16%.

AMC