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(Bloomberg) -- Chinese authorities summoned Nvidia Corp. to discuss alleged security risks related to its H20 chips, casting doubt over the domestic business of the world’s most valuable company weeks after co-founder Jensen Huang met senior officials in Beijing.Most Read from BloombergThe World’s Data Center Capital Has Residents SurroundedAn Abandoned Art-Deco Landmark in Buffalo Awaits RevivalBudapest’s Most Historic Site Gets a Controversial RebuildSan Francisco in Talks With Vanderbilt for...
Continue ReadingHowever, his approach to deadline setting may not be such a bad thing...
Continue ReadingAmazon, Apple Earnings Preview. Bessent: Trump baby accounts 'a backdoor' for privatizing Social Security. OpenAI rival Manus reportedly gears up for major upgrade to core agent platform...
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The world’s largest maker of memory chips and smartphones posted lower quarterly net profit, but expects earnings to regain momentum in the second half of this year...
Continue ReadingThe analyst consensus is for earnings per share of $1.33, up from $1.26 last year, on sales of $162 billion, up 10%....
Continue ReadingShares in artificial intelligence heavyweights Microsoft and Meta Platforms both surged in European trading on Thursday, after blowout quarterly results after-market on Wednesday. Meta shares surged 12.2% in Frankfurt after it forecast quarterly revenue well ahead of Wall Street expectations. Microsoft shares jumped 9%, as surging Azure cloud computing revenue above analysts' expectations, showcasing the growing return on its AI bets...
Continue Reading(Bloomberg) -- Samsung Electronics Co.’s chip unit plunged a far bigger-than-expected 94% in the June quarter, reflecting the depth of a slump that’s plaguing the world’s largest memory chipmaker.Most Read from BloombergThe World’s Data Center Capital Has Residents SurroundedAn Abandoned Art-Deco Landmark in Buffalo Awaits RevivalBudapest’s Most Historic Site Gets a Controversial RebuildSan Francisco in Talks With Vanderbilt for Downtown CampusWe Should All Be Biking Along the BeachThe weak resu...
Continue Reading(Reuters) -European satellite company SES reported second-quarter sales and core earnings above market expectations and confirmed its 2025 guidance on Thursday, buoyed by its strong backlog of government contracts. "We have a robust pipeline of Government opportunities supported by increased defence spending in Europe," CEO Abdel Al-Saleh said in a statement. It recently announced a partnership with the government of Luxembourg to develop and launch a new defence satellite...
Continue ReadingSuperhero flicks, videogame adaptations, and sports dramas have all thrived in a blockbuster summer for the film industry...
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