Tag Archives: technology
Brazil’s PagSeguro posts $74 million quarterly profit, beats forecast
SAO PAULO (Reuters) - Brazilian financial technology firm PagSeguro Digital on Thursday posted a better-than-expected 6% increase in its first-quarter profit, which the company said was boosted by pay...
May 25, 2023
Chipmaker Marvell Technology beats revenue estimates on AI boom
(Reuters) -Marvell Technology Inc surpassed Wall Street targets for first-quarter revenue on Thursday, helped by demand for its chips that support artificial intelligence (AI) technology. Shares of th...
May 25, 2023
Explainer-Why are Nvidia’s shares soaring and what is its role in the AI boom?
(Reuters) - Nvidia Corp closed in on a trillion-dollar market value on Thursday as shares surged 25% following a bumper earnings report that forced Wall Street to reassess the potential windfall for t...
May 25, 2023
Semiconductor index surges with Nvidia leading race to AI “gold rush”
By Sinad Carew and Stephen Nellis NEW YORK/SAN FRANCISCO (Reuters) - The Philadelphia semiconductor index hit its highest level in more than a year on Friday and eyed its biggest one-day percentage ga...
May 25, 2023
Canada to launch probe into OpenAI over privacy concerns
(Reuters) - Canadian privacy regulators are launching a joint investigation into ChatGPT-parent OpenAI's data collection and usage, becoming the latest major government to take a closer look at the re...
May 25, 2023
Twitter likely to quit EU code against disinformation, EU official says
BRUSSELS (Reuters) - Twitter Inc is likely to pull out from a voluntary EU code of practice to tackle disinformation but the move does not mean it will quit Europe, an EU official said on Thursday. "T...
May 25, 2023
OpenAI CEO’s threat to quit EU draws lawmaker backlash
By Martin Coulter and Supantha Mukherjee LONDON/STOCKHOLM (Reuters) - For months, Sam Altman, CEO of Microsoft-backed OpenAI has urged lawmakers around the world to draw up new rules governing the tec...
May 25, 2023
Nvidia shorts down $2.3 billion with stock up 25% – S3 Partners
By Caroline Valetkevitch NEW YORK (Reuters) - Short sellers in shares of Nvidia Corp. were down $2.3 billion in mark-to-market losses Thursday as the stock surged more than 25% in early trading follow...
May 25, 2023
Nvidia’s strong sales forecast attracts attention from retail investors
(Reuters) - Nvidia Corp was the most traded stock by retail investors, J.P.Morgan data showed on Thursday, as the chip designer inched closer to a $1 trillion market capitalization following a stellar...
May 25, 2023
Yandex receives bids for stakes in Russia-based businesses
(Reuters) -Nasdaq-listed Yandex on Thursday said it had received proposals from a number of investors for stakes in its Russia-based businesses, as it progresses a restructuring process that will see ...
May 25, 2023
Wed Jul 15
Green Bay, WI, USA
89°FFeels Like: 88°F
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Humidity: 36%
