Why is tech giant SoftBank investing over $100 billion in the US?
BANGKOK — Japanese tycoon Masayoshi Son and President-elect Donald Trump have announced plans for technology and telecoms giant SoftBank Group to invest $100 billion in projects in the United States…
Read moreNvidia is Wall Street’s most valuable company. How it got there, by the numbers
Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications….
Read moreNvidia beats earnings expectations as investors eye demand for Blackwell AI chips
LOS ANGELES — Nvidia on Wednesday reported a surge in third-quarter profit and sales as demand for its specialized computer chips that power artificial intelligence systems remains robust. For the…
Read moreA TV as big as a bed? With the holidays approaching, stores stock more supersize sets
NEW YORK — For some television viewers, size apparently does matter. Forget the 65-inch TVs that were considered bigger than average a decade ago. In time for the holidays, manufacturers…
Read moreNvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the market for chips that…
Read moreMicrosoft reports $65.6 billion in quarterly sales as investors look to know if AI spending worth it
REDMOND, Wash. — Microsoft on Wednesday reported an 11% increase in profit for the July-September quarter compared to the same time last year as investors looked for signs that the…
Read moreApple and Goldman Sachs must pay $89 million for mishandling Apple Card transactions, CFPB orders
NEW YORK — A federal regulator on Wednesday ordered Apple and Goldman Sachs to pay a combined $89 million for deceiving consumers and mishandled transaction disputes of Apple Card customers….
Read moreAlabama man arrested in SEC social media account hack that led the price of bitcoin to spike
WASHINGTON — An Alabama man was arrested Thursday for his alleged role in the January hack of a U.S. Securities and Exchange Commission social media account that led the price…
Read moreGoogle expert at antitrust trial says government underestimates competition for online ad dollars
ALEXANDRIA, Va. — Federal regulators who say Google holds an illegal monopoly over the technology that matches online advertisers to publishers are vastly underestimating the competition the tech giant faces,…
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