Elon Musk wants xAI to build the world’s most powerful supercomputer using Nvidia chips
Elon Musk is building a supercomputer that he wants running by fall 2025, The Information reported. The “gigafactory of compute”…
Amazon has permission to fly its drones over longer distances
The Federal Aviation Administration (FAA) has given Amazon permission to fly its delivery drones beyond visual line of sight (BVLOS).…
Google’s generative AI fails ‘will slowly erode our trust in Google’
It was a busy Memorial Day weekend for Google (GOOG, GOOGL) as the company raced to contain the fallout from…
Oil Gains on OPEC+ Cut Expectations, Demand Optimism
Oil prices were rising as traders expect OPEC and its allies to extend their production curbs at a Sunday meeting…
Netflix stock climbs as Wall Street sees streamer as ‘both a driver and beneficiary of industry disruption’
Netflix (NFLX) stock climbed 2% on Wednesday following a string of bullish calls on Wall Street as analysts doubled down…
Pfizer Stock Is Near An 11-Year Low
Pfizer (PFE) stock is lingering just above its 50-day line after the company beat first-quarter sales expectations, thanks to a…
Gold prices dip as strong US dollar, yields dim bullion’s shine
Gold prices slipped for a second consecutive session on Thursday as the U.S. dollar and Treasury yields edged higher, while…
Nvidia stock leaps to latest record
Nvidia (NVDA) stock traded above $1,100 for the first time ever on Tuesday, a move that allowed shares to surpass…
Yuan Weakens to Lowest Since November as China Allows Declines
China’s onshore yuan dropped to the weakest level since November as signs mount that policymakers are slowly letting the currency…
Apple’s iPhone sales in China jump 52% in April
Apple’s smartphone shipments in China rose 52% in April from a year ago, extending a rebound seen in March, according…