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Netflix to refocus on ads, content after failed Warner Bros bidNetflix reports earnings Thursday. Investors expect focus on content and ad growth. The company did not acquire Warner Bros Discovery. Netf...
Big Tech puts financial heft behind next-gen nuclear power as AI demand surgesBig Tech companies are injecting funds into new nuclear technologies. This is to power energy-hungry AI data centers. Firms like Meta, Amaz...
Dell expects AI server revenue to double in fiscal 2027 on data center boomThe company announced a 20% hike in its cash dividend and an additional $10 billion for its share repurchase program. Big tech firms, suc...
US stock market | Wall Street’s new trade is dumping any stock in AI’s crosshairsWall Street is experiencing a sell-off in companies perceived to be at risk from AI advancements. Recent product launches, like Altruist's ...
Warner Bros rejects revised Paramount bid, sticks with NetflixWarner Bros Discovery's board has rejected Paramount Skydance's latest acquisition offer. The board stated the bid involves excessive debt,...
Netflix vs Paramount: Warner Bros.’ bidders brace for a fight that will last monthsParamount and Netflix are engaged in a bidding war for Warner Bros. Discovery, with the battle expected to extend into 2026. Warner Bros. r...
Intel results to show if barrage of investments in chipmaker paying offMulti billion-dollar investments from Nvidia and Japan's SoftBank as well as an unprecedented U.S. government stake during the September qu...
Intel results to show if barrage of investments in chipmaker paying offIntel's third-quarter results on Thursday will show whether a clutch of recent high-profile investments can shore up its strained finances ...
US plans 1:1 chip production rule to curb overseas reliance, WSJ reportsThe US is considering requiring chipmakers to match imports with domestic production or face tariffs. Trump’s proposal, aimed at economic s...
Intel slumps as potential foundry exit deepens investor gloomLip-Bu Tan said on Thursday he would further shrink Intel's workforce, halt work on two plants in Europe and slow another in Ohio, binning ...
Intel to sell majority stake in Altera for $4.46 billion to fund revival effortIntel will sell a 51% stake in its Altera programmable chip business to Silver Lake for $4.46 billion. This move, under new CEO Lip-Bu Tan,...
Nvidia's chip demand faces scrutiny as DeepSeek stirs doubts on AI spendingThe world's second most valuable company has been the top beneficiary of an AI-driven spending spree by big technology companies over the p...
Intel set for big drop in quarterly revenue as chipmaker struggles to bounce backIntel is expected to report an 8% decline in revenue to $13.02 billion, according to data from LSEG compiled as of October 26, investors wa...
Arm touts cloud computing expansion, royalties to IPO investorsWeak mobile demand during a global economic slowdown has caused Arm's revenue to stagnate. Overall sales totaled $2.68 billion in the 12 mo...
Gold hits more than 9-month high after Powell strikes dovish toneSpot gold was up 0.1% at $1,951.79 per ounce, as of 0401 GMT, after hitting its highest since April 2022 earlier in the session. U.S. gold ...
What to do in a euphoric market? 10 tips from Wall Street’s 'Super Mario'There is no substitute for experience in investing. Plus, while patience is key, one needs to be aggressive when the time is right in order...
Buffett arrives for AGM, many D-St pundits among 42,000 crowd at OmahaSome 42,000 people are attending the AGM today, ETNow reported.