You may have seen the now-viral warnings that Google is snooping around your Gmail account and using your emails to train its AI models. “IMPORTANT message for everyone using Gmail,” reads the most viral post on X from user Dave Jones. “You have been automatically OPTED IN to allow Gmail to access all your private […]
Tim Cook has been the CEO of Apple (AAPL) for 14 years. During that time, the company’s market capitalization has eclipsed $4 trillion, and its yearly revenue has expanded to nearly half a trillion dollars. Those are successes by any measure. But at 65, Cook is approaching the end of his time at the helm […]
Bill Ackman didn’t achieve a net worth of $9.2 billion by making glaring errors. He has to be especially careful, considering that his Pershing Square Capital Management hedge fund owns only 11 stocks. The billionaire’s cautious nature was in full view in the third quarter of 2025. Ackman didn’t initiate positions in any new stocks, […]
(Reuters) -The Trump administration is considering greenlighting sales of Nvidia’s H200 artificial intelligence chips to China, people familiar with the matter said, as a bilateral detente boosts prospects for exports of advanced U.S. technology to China. The Commerce Department, which oversees U.S. export controls, is reviewing a change to its policy of barring sales of […]
Nvidia’s (NVDA) China business faltered in the AI chipmaker’s third quarter as a trade war with the US rolled on. Nvidia recorded just $50 million in sales of its H20 chips — less powerful versions of its Hopper GPUs designed for the China market to comply with tightening US export controls — during the three […]
Nvidia (NVDA) took its detractors to task during the company’s Q3 earnings call on Wednesday, with both CEO Jensen Huang and CFO Colette Kress launching broadsides against investor concerns related to an AI bubble. Huang didn’t dance around the topic, immediately addressing it in his prepared statement and laying out why he believes Nvidia is […]
Nvidia (NVDA) reported its third quarter earnings on Wednesday, beating analysts’ estimates on the top and bottom lines and offering a better-than-anticipated outlook. For the fourth quarter, Nvidia projects revenue of $65 billion plus or minus 2%. Wall Street was expecting revenue of $62 billion. “Blackwell sales are off the charts, and cloud GPUs are […]
Saudi Arabia is rapidly emerging as a global leader in blockchain technology, particularly in real estate tokenization. The Kingdom recorded over 4,000 commercial blockchain company registrations in 2025, marking 51% year-over-year growth. Recent partnerships span from tokenized hotel developments to digital currency frameworks under Vision 2030. Trump-Saudi Alliance Pioneers Tokenized Hotel Project The Trump Organization […]
AI developers’ ambitious spending plans and rapid user adoption indicate the global rally in their stocks will persist despite bubble concerns, according to Fidelity International. The recent downturn in global semiconductor stocks, ahead of Nvidia Corp.’s closely watched earnings later this week, is likely temporary, according to Joseph Zhang, portfolio manager at Fidelity International. Unless […]
KUALA LUMPUR (Reuters) -Malaysia’s national utility firm Tenaga Nasional Bhd (TNB) has incurred losses of more than $1 billion from illegal power usage by cryptocurrency miners between 2020 and August this year, the energy ministry said. TNB found that 13,827 premises had illegally used power to mine cryptocurrency over the period, the energy and water […]
(Reuters) -Data analytics firm Databricks is in talks to raise funds at a valuation of more than $130 billion, about 30% higher than its last financing round two months ago, The Information reported on Monday, citing two people familiar with the discussion. The company declined to comment on the report. Databricks has not signed a […]
Jeff Bezos is back in the C-suite, and his new company is looking to revolutionize manufacturing. Bezos, Amazon’s founder and former CEO, stepped down as CEO of Amazon on July 5, 2021, although he retained his highly influential role as executive chairman of the board. Amazon timeline Founded in 1994 (online bookstore launched in 1995) […]
