Finance News Archives | Page 49 Of 141

Reddit stock jumps after company rolls out new AI advertising tools

Thomas Fuller | Lightrocket | Getty Images Reddit shares popped about 5% after the social media company debuted new artificial intelligence-powered advertising tools. The two new features, announced Monday in a post during the Cannes Lions festival, will help brands better leverage discussions on the platform. The company said the tools are powered by an […]

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Amazon extends Prime Day to four days, starting July 8

Finance News

An Amazon worker moves boxes on Amazon Prime Day in the East Village of New York City, July 11, 2023. Spencer Platt | Getty Images Amazon is extending its Prime Day discount bonanza, announcing that the annual sale will run four days this year. The 96-hour event will start at 12:01 a.m. PT on July

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Trump’s 9 smartphone will likely be made in China

Trump’s $499 smartphone will likely be made in China

Finance News

US President Donald Trump uses a cellphone aboard Marine One before it departs Leesburg Executive Airport in Leesburg, Virginia, on April 24, 2025. Trump is returning to the White House after attending a MAGA, Inc. dinner at the Trump National Golf Club Washington, DC. Alex Wroblewski | AFP | Getty Images The Trump Organization’s newly-announced

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Tencent bets its China WeChat and gaming expertise will help it win cloud business in Europe

Finance News

Chinese tech company Tencent is a gaming giant and the parent company of WeChat, the ubiquitous social messaging app in China. Cheng Xin | Getty Images News | Getty Images Tencent has spent years evolving into a gaming and social media giant in China and in the process, has built up its cloud computing capabilities.

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SK Hynix shares extend gains to over 2-decade highs as parent group reportedly plans AI data center

Finance News

Illustration of the SK Hynix company logo seen displayed on a smartphone screen. Sopa Images | Lightrocket | Getty Images Shares in South Korea’s SK Hynix extended gains to hit a more than 2-decade high on Tuesday, following reports over the weekend that SK Group plans to build the country’s largest AI data center. SK

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OpenAI wins 0 million U.S. defense contract

OpenAI wins $200 million U.S. defense contract

Finance News

OpenAI CEO Sam Altman speaks during the Snowflake Summit in San Francisco on June 2, 2025. Justin Sullivan | Getty Images News | Getty Images OpenAI has been awarded a $200 million contract to provide the U.S. Defense Department with artificial intelligence tools. The department announced the one-year contract on Monday, months after OpenAI said

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Amazon Kuiper second satellite launch postponed by ULA due to rocket booster issue

Finance News

A United Launch Alliance Atlas V rocket is shown on its launch pad carrying Amazon’s Project Kuiper internet network satellites as the vehicle is prepared for launch at the Cape Canaveral Space Force Station in Cape Canaveral, Florida, U.S., April 28, 2025. Steve Nesius | Reuters United Launch Alliance on Monday was forced to delay

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AMD shares rise 10% after analysts say they expect a ‘snapback’ for chipmaker

Finance News

AMD CEO Lisa Su unveils the AMD vision for Advancing Al. Courtesy: AMD Shares of Advanced Micro Devices rose nearly 10% on Monday after analysts at Piper Sandler lifted their price target on the stock on optimism about the chipmaker’s latest product announcement. The analysts said they see a snapback for AMD’s graphics processing units,

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Taiwan blacklists China’s Huawei and SMIC, further aligning with U.S. trade policy

Finance News

The U.S. has placed major chip export restrictions on Huawei and Chinese firms over the past few years. This has cut off companies’ access to critical semiconductors. Jaap Arriens | Nurphoto | Getty Images Taiwan has added China’s Huawei and SMIC to its trade blacklist in a move that further aligns it with U.S. trade

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Tesla faces protests in Austin over Musk’s robotaxi plans

Finance News

Blythe Christopher attends a demonstration to protest Tesla robotaxis on June 12, 2025 in Austin, Texas. Todd Wiseman With Elon Musk looking to June 22 as his tentative start date for Tesla’s pilot robotaxi service in Austin, Texas, protesters are voicing their opposition. Public safety advocates and political protesters, upset with Musk’s work with the

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Amazon extends Prime Day to four days, starting July 8

Trump’s $499 smartphone will likely be made in China

SK Hynix shares extend gains to over 2-decade highs as parent group reportedly plans AI data center

OpenAI wins $200 million U.S. defense contract

Amazon Kuiper second satellite launch postponed by ULA due to rocket booster issue

AMD shares rise 10% after analysts say they expect a ‘snapback’ for chipmaker

Taiwan blacklists China’s Huawei and SMIC, further aligning with U.S. trade policy

Tesla faces protests in Austin over Musk’s robotaxi plans

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