President Trump said that Intel has agreed to give the U.S. government a 10% stake in its business. Speaking with reporters on Friday, Mr. Trump said the deal came out of a meeting last week with Intel CEO Lip Bu Tan — which came days after the president called for Tan to resign over his past ties to China. “I …
Read More »Wall St Week Ahead Investors zero in on Nvidia results as US tech stocks waver Reuters Nvidia bulls stampede into earnings: Opening Bid top takeaway Yahoo Finance Investors Expect Nvidia’s Earnings to Move the S&P More Than Powell’s Speech The New York Times Nvidia Stock Drops 3.5%. Here’s Why Shares Were Down So Much Today. Barron’s Nvidia’s rough week on the market may be …
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By Lewis Krauskopf NEW YORK (Reuters) -A wobble in U.S. technology shares has raised the stakes for Nvidia Corp’s quarterly results on Wednesday, with earnings from the semiconductor giant posing a crucial test for the scorching AI trade. The benchmark S&P 500 has pulled back this week from record levels, dragged lower by a roughly 3% drop so far this …
Read More »Morning Bid: Tech fright calms but Fed pressure grows Reuters Stock market today: Dow rises, S&P 500, Nasdaq slide as tech stocks slip again amid rate-cut uncertainty Yahoo Finance Wall Street tech selloff deepens, European shares steady Reuters CNBC Daily Open: Tech sell-off? Investors could just be taking profit and enjoying the summer CNBC Fortune Tech: So reckless Fortune Source link
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The ongoing slugfest between tech players racing to get the most intuitive and powerful AI may have just gotten a brief knockout punch. The slammer that landed? A new version of DeepSeek’s increasingly impressive V3.1, which has a whopping 685-billion-parameter system and can deliver about $1.01 per complete coding task, compared to a beginning price of $70 for traditional systems. …
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Season 27 of South Park continues its run of satirizing President Donald Trump, with its third episode packing in more jokes about his relationship with Satan and his penis size. SEE ALSO: ‘South Park’ roasts ICE officers and Kristi Noem in savage new episode However, Trump wasn’t South Park‘s only target this week. The episode’s main focus was on tech …
Read More »Rotation out of Big Tech sends S&P 500 on longest losing streak since January. How far will it run? MarketWatch Stock Market Today: Dow Sinks As S&P 500 Extends Losing Streak; Palantir, Nvidia Make Opposite Moves (Live Coverage) Investor’s Business Daily The S&P 500 heads for a fifth day of declines, but drug stocks are a bright spot CNBC Stock Market Today: Walmart …
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Why did MIT find 95% of AI project fail? Hint: it wasn’t about the tech itself Fortune Sam Altman calls AI a “bubble” while seeking $500B valuation for OpenAI Ars Technica Sam Altman says ‘yes,’ AI is in a bubble The Verge FirstFT: New MIT report spooks tech investors Financial Times Analysts downplay AI bubble worries as Altman says some investors will be left …
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Topline “South Park” continued to mock President Donald Trump and his federal takeover of Washington D.C., in the third episode of its new season on Wednesday night, while also taking aim at ChatGPT, Silicon Valley executives and tech culture, weeks after the show depicted the president getting in bed with Satan and ICE carrying out raids at a Dora the …
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Early on in its 27th season, South Park has garnered more controversy than it has in years (possibly ever), along with some of its highest ratings. Last week’s episode took aim at the Trump administration’s brutal Immigrations and Customs Enforcement (Ice) raids, poked fun at secretary of Homeland Security Kristi Noem’s penchant for puppy murder and cosmetic surgery (Noem has …
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