Nvidia reported another blowout quarter, topping Wall Street expectations as demand for its artificial intelligence chips drove a sharp jump in revenue. Even after the strong results and an upbeat outlook, the company’s shares slipped in trading. The Silicon Valley chipmaker said revenue surged 85% from a year earlier, powered by continued spending on AI…
Google is laying out a broad vision for AI “agents” that can handle tasks on a user’s behalf, pitching an ecosystem that aims to move artificial intelligence beyond chat and into background work across everyday products. The push signals Google’s intention to make agent-style AI a consumer-facing platform, even as it confronts the reality that…
Oil prices climbed more than 2% on Monday after Iran’s supreme leader said the country’s uranium must remain inside Iran, a comment that helped push crude higher as broader markets moved lower. The move came as investors weighed geopolitical developments tied to Iran and their potential implications for energy supplies and regional stability. The price…
Retail investors are being offered direct access to participate in a SpaceX initial public offering through major brokerage platforms, marking a shift in how individual investors can take part in one of the most anticipated potential stock debuts in the market. The development, reported by multiple outlets including CNBC and MSN, centers on brokerage platforms…
SoftBank Group shares surged nearly 20% in trading after reports tied the move to renewed expectations around a potential OpenAI initial public offering, alongside separate IPO optimism for SB Energy. SoftBank, the Japanese technology investment conglomerate, was among the biggest movers as investors reassessed the value of its high-profile artificial intelligence exposure. The rally followed…
Anthropic is on track to generate $10.9 billion in revenue in the second quarter, according to a source cited by CNBC. The figure, reported by CNBC’s Ashley Capoot, would mark a major revenue milestone for the artificial intelligence company behind the Claude family of models. The report did not provide additional details about the source,…
Israel’s national security minister has triggered fresh diplomatic backlash after sharing a video that shows detained flotilla activists being taunted while restrained, prompting condemnations from foreign governments and adding a volatile new episode to already tense international scrutiny of Israel’s actions related to the Gaza war. The video, attributed in published reports to National Security…
Drones struck one of Lukoil’s largest oil refineries and a chemical plant in Russia, according to media reports cited by Ukraine’s national news agency, Ukrinform. Ukrinform reported the attack as a drone strike targeting Lukoil facilities. The report identified the sites as a major Lukoil refinery and a chemical plant and described the incident as…
Iran is reviewing a U.S. peace proposal as President Donald Trump said he is willing to wait “a few days” for Tehran’s response, describing the talks as being in the “final stages” while warning that renewed attacks remain possible if no agreement is reached. Trump’s comments were reported by Reuters and came as multiple outlets…
Vanessa Trump announced that she has been diagnosed with breast cancer, sharing the news in a personal statement and saying she is approaching treatment with focus and hope. Trump, 48, disclosed the diagnosis publicly in a message that was carried by multiple national outlets including CBS News, ABC News and USA Today. In the statement,…
Nvidia CEO Jensen Huang said the company has “largely conceded” China’s market for artificial intelligence chips to Huawei, acknowledging the Chinese technology giant’s growing strength in the sector. Huang’s comments underscore how difficult it has become for U.S. chipmakers to compete in China’s fast-moving AI hardware market. Nvidia has been the dominant supplier of AI…
SpaceX has released its long-awaited initial public offering filing, laying out the rocket company’s financials and corporate structure as it prepares to seek a U.S. stock-market listing. The filing, disclosed publicly and first reported by multiple outlets including Reuters, marks the first time SpaceX has made a broad set of financial details available in an…