Bluesky CEO Jay Graber told CNBC that the social media app’s open design could thwart potential acquisition efforts.
Category: Technology
Intuit shares drop as quarterly forecast misses estimates due to delayed revenue
While Intuit reiterated its full-year view, the company said promotional changes in the current quarter will have implications for revenue timing.
Nvidia shares fluctuate as investors digest third-quarter earnings
Despite nearly doubling sales year on year, Nvidia’s third-quarter results show a slowdown from previous quarters.
Alphabet shares slide 4% following DOJ push for Google to divest Chrome
Alphabet shares fell after the Department of Justice proposed that Google divest its Chrome browser to end its search monopoly.
Snowflake shares pop 19% on earnings and revenue beat
Snowflake reported better-than-expected results on the top and bottom lines.
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.
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.
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.
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.
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.