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Finance News

Micron shares jump on earnings beat, rosy guidance as data center revenue triples

Micron shares jump on earnings beat, rosy guidance as data center revenue triples

Finance News

Signage outside the Micron offices in San Jose, California, on Dec. 17, 2024. David Paul Morris | Bloomberg | Getty Images Micron shares popped 6% in extended trading Thursday after the company reported second-quarter results that beat analysts’ estimates and offered better-than-expected guidance. Here’s how the company did: Earnings per share: $1.56, adjusted vs. $1.42 […]

Micron shares jump on earnings beat, rosy guidance as data center revenue triples Read More »

Abu Dhabi’s ADQ and American private equity firm ECP make billion bet on powering U.S. data centers

Abu Dhabi’s ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers

Finance News

A car drives past a building of the Digital Reality Data Center in Ashburn, Virginia, U.S., March 17, 2025.  Leah Millis | Reuters Sovereign wealth fund ADQ and American private equity firm Energy Capital Partners, or ECP, have signed a deal for a $25 billion investment partnership dedicated to increasing power generation, primarily in the

Abu Dhabi’s ADQ and American private equity firm ECP make $25 billion bet on powering U.S. data centers Read More »

Nvidia CEO Huang says he was wrong about timeline for quantum, surprised his comments hurt stocks

Nvidia CEO Huang says he was wrong about timeline for quantum, surprised his comments hurt stocks

Finance News

Nvidia CEO Jensen Huang interviews executives from quantum computing firms at Nvidia’s annual developer conference in San Jose, California, U.S., March 20, 2025.  Stephen Nellis | Reuters Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would hit the market in the

Nvidia CEO Huang says he was wrong about timeline for quantum, surprised his comments hurt stocks Read More »

Tesla recalls 46,000 Cybertrucks, citing exterior panel that it says can increase ‘risk of crash’

Tesla recalls 46,000 Cybertrucks, citing exterior panel that it says can increase ‘risk of crash’

Finance News

Tesla vehicles, including a Cybertruck, at left, are parked in front of the White House in Washington, March 11, 2025. Kevin Lamarque | Reuters Tesla is recalling more than 46,000 of its Cybertrucks due to a cosmetic exterior trim panel that it said can “delaminate and detach from the vehicle,” potentially becoming a road hazard

Tesla recalls 46,000 Cybertrucks, citing exterior panel that it says can increase ‘risk of crash’ Read More »

Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO

Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO

Finance News

Buy now, pay later firms like Klarna and Block’s Afterpay could be about to face tougher rules in the U.K. Nikolas Kokovlis | Nurphoto | Getty Images Klarna, the buy now, pay later lender that’s headed for an initial public offering, said on Thursday that it’s signed on DoorDash as a partner, another sign of

Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO Read More »

Microsoft announces new HR executive, company veteran Amy Coleman

Microsoft announces new HR executive, company veteran Amy Coleman

Finance News

Microsoft’s Amy Coleman (L) and Kathleen Hogan (R). Source: Microsoft Microsoft said Wednesday that company veteran Amy Coleman will become its new executive vice president chief people officer, succeeding Kathleen Hogan, who has held the position for the past decade. Hogan will remain an executive vice president but move to a newly established Office of

Microsoft announces new HR executive, company veteran Amy Coleman Read More »

Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats

Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats

Finance News

A man holds an Apple iPhone 16 Pro Max ahead of the launch of sales of the new iPhone 16 series smartphones in a store in Moscow, Russia September 20, 2024.  Evgenia Novozhenina | Reuters European Union regulators are taking steps to rein in Google and Apple on antitrust charges, even as U.S. President Donald

Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats Read More »

XRP surges after Ripple CEO Brad Garlinghouse says SEC is dropping its lawsuit against the company

XRP surges after Ripple CEO Brad Garlinghouse says SEC is dropping its lawsuit against the company

Finance News

A visual representation of the digital cryptocurrency, XRP. S3studio | Getty Images XRP surged after Ripple CEO Brad Garlinghouse said the Securities and Exchange Commission is no longer pursuing its appeal in the case against the payments company. The price of XRP was last higher by nearly 14% at $2.57. “It’s been almost four years

XRP surges after Ripple CEO Brad Garlinghouse says SEC is dropping its lawsuit against the company Read More »

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