Nvidia reports Q4 revenue up 73% YoY to $68.13B, above $66.21B est., Data Center revenue up 75% YoY to $62.3B, and forecasts Q1 revenue above estimates
Nvidia Corp., the dominant maker of artificial intelligence processors, failed to impress investors with its latest sales forecast …
Nvidia stock is down 5%+, as investor concerns around the AI infrastructure boom dampen enthusiasm about its better-than-expected earnings
Kai Nicol-Schwarz /CNBC:
Klarna reports Q4 revenue up 38% YoY to $1.08B, a $26M net loss, down from a $40M net profit in Q4 2024, provision for credit losses up 59%; KLAR drops 26.9%
eBay agrees to acquire secondhand clothing app Depop from Etsy for ~$1.2B in cash; Etsy bought Depop, popular with Gen Z, in 2021 for $1.6B; ETSY jumps 5%+
The $1.2 billion deal comes as eBay looks to expand its appeal among younger users. — Secondhand clothing apps hit a stride during …
Meta commits to buying millions of Nvidia Blackwell and Rubin GPUs in a multiyear deal; a source says Meta's in-house AI chip strategy had technical challenges
Social media group will purchase millions of chips even as it tries to develop its own AI hardware
PayPal names HP CEO Enrique Lores as CEO, replacing Alex Chriss on March 1, and reports Q4 revenue up 4% YoY to $8.68B, below estimates; PYPL closes down 20.3%
PayPal Holdings Inc. said HP Inc. Chief Executive Officer Enrique Lores will take the top job from Alex Chriss …
Software and data stocks plunge over fears that new AI developments will supplant software; ADBE fell 7.31%, CRM 6.85%, and Thomson Reuters 15.83% on Tuesday
From Legalzoom.com and Expedia to Ares and Apollo, shares of companies that sell or invest in software fell sharply on Tuesday
Bitcoin briefly fell below $73,000 on February 3, hitting its lowest price since November 2024, as heavy selling resumes amid mounting geopolitical concerns
Bitcoin briefly fell below $73,000 on February 3, hitting its lowest price since November 2024, as heavy selling resumes amid mounting geopolitical concerns
Software and data stocks plunge over fears that new AI developments will supplant software; ADBE fell 7.31%, CRM 6.85%, and Thomson Reuters 15.83% on Tuesday
From Legalzoom.com and Expedia to Ares and Apollo, shares of companies that sell or invest in software fell sharply on Tuesday
Palantir reports Q4 revenue up 70% YoY to $1.41B, above $1.33B est., and forecasts Q1 and FY 2026 revenue well above estimates; PLTR jumps ~5%
PayPal names HP CEO Enrique Lores as CEO, replacing Alex Chriss on March 1, and reports Q4 revenue up 4% YoY to $8.68B, below estimates; PYPL closes down 20.3%
PayPal Holdings Inc. said Chief Executive Officer Alex Chriss will be replaced by HP Inc. CEO Enrique Lores after profit and revenue fell short of expectations.
Oracle says it plans to raise $45B to $50B in 2026 to build additional cloud infrastructure capacity, including for AMD and OpenAI, via debt and equity sales
Oracle Corp. said Sunday it plans to raise $45 billion to $50 billion in 2026 to build additional capacity for its cloud infrastructure through …
Oracle is selling $25B of bonds to help finance its AI buildout, in what is set to be the biggest high-grade US offering since Meta's $30B bond sale last year
Oracle Corp. is selling $25 billion of investment-grade bonds on Monday to help finance infrastructure that powers artificial intelligence projects …
Shares of gaming companies plunge after Google released Project Genie, which lets users create interactive worlds; Unity closed down 24.2% and Take-Two 7.9%
Shares of videogame companies fell sharply in afternoon trading on Friday after Alphabet's Google (GOOGL.O) rolled …
Shares of gaming companies plunge after Google released Project Genie, which lets users create interactive worlds; Unity closed down 24.2% and Take-Two 7.9%
Shares of videogame companies fell sharply in afternoon trading on Friday after Alphabet's Google (GOOGL.O) rolled …
ASML reports Q4 net sales of €9.7B, vs. €9.6B est., and €2.84B net profit, vs. €3.01B est., and says it expects China to account for 20% of its total 2026 sales
ASML reported on Wednesday orders that smashed past expectations while 2026 sales guidance was also ahead …
OpenAI CFO Sarah Friar says the company's compute grew from 0.2 GW in 2023 to ~1.9 GW in 2025 and its annualized revenue grew from $2B in 2023 to $20B+ in 2025
We launched ChatGPT as a research preview to understand what would happen if we put frontier intelligence directly in people's hands.
Elon Musk says Apple and Google's Gemini deal “seems like an unreasonable concentration of power for Google, given that [they] also have Android and Chrome”
Elon Musk today expressed concern about Apple and Google partnering on a more personalized version of Siri powered by Google's generative AI platform Gemini.
Apple signs a multiyear Google deal to use Gemini models to power a more personalized Siri in 2026, saying Google's tech “provides the most capable foundation”
Apple is joining forces with Google to power its artificial intelligence features for products such as Siri later this year.