Snowflake reported better-than-expected results on the top and bottom lines.
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November 21, 2024November 21, 2024Technology
Nvidia says it will sell more of its next-generation Blackwell chips than previously anticipated
Nvidia on Wednesday signaled that Blackwell sales over the next few quarters will be limited by how many chips and systems it can make.
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November 21, 2024November 21, 2024Technology
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Enterprise spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to a new Menlo Ventures report.
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November 20, 2024November 20, 2024Technology
Qualcomm says it expects $4 billion in PC chip sales by 2029, as company gets traction beyond smartphones
Qualcomm said on Tuesday that it expects its push into new markets to generate an additional $22 billion per year by 2029.
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November 20, 2024November 20, 2024Technology
Super Micro shares soar 31% after company names new auditor to help keep Nasdaq listing
Super Micro, which has been battered by bad headlines in recent weeks, said on Monday that it hired BDO as its independent auditor.
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November 20, 2024November 20, 2024Technology
Intuit, H&R Block shares fall after report that Trump government efficiency team is considering tax-filing app
A tax-filing app created by Trump’s planned “Department of Government Efficiency” would be a competitor to both H&R Block and Intuit’s TurboTax.
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November 20, 2024November 20, 2024Technology
Bitcoin ETF options begin trading, ushering in a new way for investors to hedge their bitcoin exposure
Options on BlackRock’s popular iShares Bitcoin Trust ETF (IBIT) debuted on the Nasdaq Tuesday, ushering in a new way to speculate on the price of bitcoin.
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November 20, 2024November 20, 2024Technology
Bitcoin rises to a new record as investors absorb growing Ukraine-Russia tensions
Bitcoin moved higher Tuesday amid rising geopolitical tensions between Ukraine and Russia.
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November 19, 2024November 19, 2024Technology
Canva hires former Zoom CFO Kelly Steckelberg to run finance ahead of expected IPO
Canva’s new finance chief Kelly Steckelberg helped take Zoom public five years ago.
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November 19, 2024November 19, 2024Technology
Super Micro hires new auditor to maintain Nasdaq listing; shares pop 37%
Super Micro said on Monday that it hired BDO as its independent auditor.