Nvidia’s AI chip demand to face limited impact from potential production delay, analysts say
(Reuters) – Worries over a delay in the launch of Nvidia’s upcoming artificial-intelligence chips may...
Uncategorized
Google has an illegal monopoly on search, US judge finds
By David Shepardson and Mike Scarcella WASHINGTON (Reuters) -Alphabet’s Google broke the law with monopolistic...
Palantir raises annual revenue forecast on GenAI strength; shares surge
By Arsheeya Bajwa (Reuters) -Palantir Technologies raised its annual revenue forecast for the second time...
Snap shares plummet as weak outlook intensifies ad competition fears
(Reuters) – Shares of Snap slumped 17% premarket on Friday, after a dour forecast from...
Amazon shares tumble on slowing online sales growth
(Reuters) -Shares of Amazon.com fell more than 8% on Friday after the online retailer reported...
U.S. sues TikTok over ‘massive-scale’ privacy violations of kids under 13
By David Shepardson WASHINGTON (Reuters) – The U.S. Justice Department filed a lawsuit Friday against...
AMC Entertainment swings to loss in the second-quarter hurt by weak movie lineup
(Reuters) – AMC Entertainment Holdings posted a loss for the second quarter compared to a...
Wall Street slides after early rally flips into risk-off move
(Reuters) -The S&P 500 fell more than 2% and the Nasdaq more than 3% at...
Tech giants faced major market cap drop in July on earnings worries
(Reuters) – Global mega tech companies’ market capitalisation dropped sharply in July, in response to...
Amazon projects quarterly revenue below estimates, shares slide
By Deborah Mary Sophia and Greg Bensinger (Reuters) -Amazon.com forecast current quarter sales below estimates,...