Technology

Samsung profit misses estimates, falls sharply from previous quarter as costs rise

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Photo illustration showing the Samsung Group company logo displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Samsung Electronics on Friday reported better-than-expected fourth-quarter revenue, though its operating profit dropped sharply from the previous three months due to higher R&D expenses in its chips segment. Here are Samsung’s fourth-quarter results compared with … Read more

Apple (AAPL) Q1 earnings 2025

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Apple’s overall revenue rose by 4% in its first fiscal quarter, but it missed on Wall Street’s iPhone sales expectations and saw sales in China decline 11.1%, the company reported on Thursday.  Shares rose nearly 3% after the company gave a forecast for the March quarter. Here’s how Apple did versus LSEG consensus estimates for … Read more

Microsoft (MSFT) Q2 earnings report 2025

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Satya Nadella, CEO of Microsoft, arrives for the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, July 9, 2024. Brendan McDermid | Reuters Microsoft shares tumbled as much as 5% in extended trading Wednesday after the software company issued fiscal second-quarter results that included … Read more

Nvidia sheds almost $600 billion in market cap, biggest drop ever

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Nvidia CEO Jensen Huang holds a Blackwell GeForce RTX 50 Series GPU (L) and a RTX 5000 laptop as he delivers a keynote address at the Consumer Electronics Show (CES) in Las Vegas, Nevada on January 6, 2025.  Patrick T. Fallon | Afp | Getty Images Nvidia lost close to $600 billion in market cap … Read more

Nvidia falls 14% in premarket trading as China’s DeepSeek triggers global tech sell-off

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U.S. technology firms plunged in premarket trading, as Chinese startup DeepSeek sparked concerns over competitiveness in AI and America’s lead in the sector, triggering a global sell-off. Shares of chip designer Nvidia, a huge beneficiary of the AI hype, were down 13.60% at 05:52 a.m. ET ahead of the market open. Netherlands-based chip companies ASML … Read more

Japan chip stocks fall as DeepSeek’s challenge to U.S. AI dominance raises worries for Asian tech firms

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Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug. 10, 2012. Tomohiro Ohsumi | Bloomberg | Getty Images Japan’s chip-related stocks fell Monday as Chinese AI startup DeepSeek challenges America’s global leadership in artificial intelligence, threatening Asian tech companies part of the U.S. AI value chain. … Read more

Chinese AI applications are looking to move beyond chatbots

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The World Artificial Intelligence Conference in Shanghai on July 6, 2023. Aly Song | Reuters BEIJING — A slew of releases last week demonstrate how Chinese companies such as DeepSeek and ByteDance have moved quickly with artificial intelligence models that compete with OpenAI’s ChatGPT. Now, many companies in China are increasingly building on that foundation … Read more

Crypto gets quick return on Trump investment after funding campaign

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FRANCE – 2025/01/20: In this photo illustration, Trump Meme , Trump the Crypto president, is seen displayed on a smartphone screen. (Photo Illustration by Romain Doucelin/SOPA Images/LightRocket via Getty Images) Romain Doucelin | Getty Images Crypto executives, companies and investors are getting an early return on their investment in Donald Trump. After pouring tens of … Read more

Alphabet shares close above $200 for first time since stock split

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Sundar Pichai, CEO of Alphabet Inc. Kyle Grillot | Bloomberg | Getty Images Alphabet shares closed at $200 per share for the first time on Friday as investors grow increasingly bullish on the company’s opportunities in artificial intelligence. The stock gained 1.1% on Friday and a little more than 2% for the week to close … Read more

Here’s why you’re suddenly following President Trump on Instagram

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(L-R) Priscilla Chan, CEO of Meta and Facebook Mark Zuckerberg, and Lauren Sanchez attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025.  Saul Loeb | Afp | Getty Images Instagram users are complaining this week that they’re … Read more