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Chip designer and computing firm Nvidia assured investors on Wednesday that demand for its artificial intelligence and data-center chips remains strong, even as the company continues to struggle with a slowdown in the personal-computers market.
On Wednesday, Amazon shares hit a new 52-week low, closing at $86.14 a share and making it the first-ever public US company to lose more than $1 trillion in market capitalization.
After new rules threatened to cost Nvidia Corp. hundreds of millions of lost revenue, the most valuable chipmaker in the US has begun offering an alternative processor for customers in China to soften the blow from recently imposed US export restrictions.
Google parent Alphabet Inc. entered into a strategic partnership with Coinbase that will allow select customers to pay for cloud services with cryptocurrencies through Coinbase's payment platforms.
After the bell Wednesday, Tesla reported its highly-anticipated third-quarter earnings, in which the company addressed a broad range of questions, including Chief Executive Elon Musk's pending Twitter takeover.
According to a prospectus filed with the SEC, Intel Corp's Mobileye said it plans to offer 41 million class A shares at a projected price of $18 to $21 per share of its initial public offering.
At the Paris Motor Show Monday, Stellantis debuted its "first pure-electric Jeep" as the automaker pushes to launch an additional 28 all-new electric vehicles through 2024.
In a joint venture between Sony Group and Honda Motor, the companies will target the premium electric vehicle market and aim to deliver their first EVs by 2026.
According to a Bloomberg News report Tuesday, Intel corp is looking to make significant job cuts in the coming period, citing people with knowledge on the matter.
Shares of Rivian fell sharply Monday after the California-based company said it would recall nearly all of its vehicles.
Last week, Uber Technologies inked a 10-year deal with Motional, a joint venture between Hyundai Motor Group and Aptiv that offers driverless rides and enables food deliveries through its ordering service using Motional's new all-electric IONIQ 5-based robotaxis.
Mastercard on Tuesday launched a new piece of software that helps banks identify and cut off crypto exchanges prone to fraudulent transactions.
Adding to a wave of chip-making plans in the US, Micron Technology Inc. agreed to invest as much as $100 billion to build a semiconductor-manufacturing campus in upstate New York.
Aiming high for the launch of its next virtual reality headset, videogame giant Sony plans to make two million units of the PlayStation VR2 by March 2023.
In its most recent quarter, Tesla Inc.'s vehicle deliveries rebounded to 343,830, a new record and turnaround from earlier this year when a shutdown at its China factory and other challenges affected how many vehicles it managed to get into customers' driveways.
Of the five biggest US companies by market value, Tesla’s shares are by far the most expensive, yet they’re the only ones whose performance comes close to Apple’s, a rarity for investors in the sector.
To target the next generation of shoppers, Walmart is opening a new superstore that comes with all the luxuries - from clothes, a roller skating rink, a Ferris wheel, and now - the metaverse.
Shares of Nio Inc. are up 2.78% in mid-day trading Monday, following an announced strategic funding transaction with Australian lithium firm - Greenwing Resources.
In a securities filing Monday, Take-Two Interactive Software Inc. disclosed hackers broke into the networks of its Rockstar Games Inc. unit, illegally accessing early-development footage of the company's next "Grand Theft Auto" video game.
The enterprise software maker, Salesforce, announced a new long-range profitability goal that showed the company's determination to operate more efficiently. At the Dreamforce conference Wednesday, Salesforce introduced a host of new products, including "Genie" and "Slack Canvas."
On Wednesday, Ford Motor Co. released strict new rules for US dealers to sell its electric vehicles, including requiring fixed prices and upfront investment in chargers as the automaker attempts to cut overhead costs and boost profits.
Technology giant Adobe Inc. agreed Thursday to acquire design-software startup Figma Inc. in a deal valued at roughly $20 billion as it expands its range of creative tools for professionals.
At its annual developer conference Friday, online gaming firm Roblox Corp. announced it plans to debut 3D ads next year as it strives to diversify its revenue stream beyond in-game purchases.
Facebook parent Meta Platforms Inc. said it has acquired Lofelt, a Berlin technology startup aiming to replicate the illusion of touch in virtual reality.
On Thursday, Mercedes-Benz Vans and Rivian announced they are partnering to establish a new European factory that would produce electric vans for both brands, sending Rivian shares up about 6%.
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