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Xpeng shares rise, adding to 66% rally after the Chinese EV maker’s losses narrowed

Xpeng shares rise, adding to 66% rally after the Chinese EV maker’s losses narrowed

An Xpeng booth at the 2025 Spring International Auto Show in Qingdao, Shandong province, China, on March 7, 2025. Cfoto | Future Publishing | Getty Images Xpeng shares jumped as much as 6% in premarket trading in New York, after the Chinese electric vehicle upstart reported first quarter earnings that were ahead of expectations. The […]

Xpeng shares rise, adding to 66% rally after the Chinese EV maker’s losses narrowed Read More »

Palo Alto Networks beats on earnings and revenue, misses on gross margin

Palo Alto Networks beats on earnings and revenue, misses on gross margin

Palo Alto Networks signage displays on the screen at the Nasdaq Market in New York City, U.S., March 25, 2025. Jeenah Moon | Reuters Palo Alto Networks reported better-than-expected earnings and revenue for the latest quarter but its gross margin was below estimates. The stock dropped 4% in extended trading on Tuesday. Here’s how the

Palo Alto Networks beats on earnings and revenue, misses on gross margin Read More »

Xreal debuts first glasses to run Google’s Android XR operating system to take on Meta and Apple

Xreal debuts first glasses to run Google’s Android XR operating system to take on Meta and Apple

Xreal said its Project Aura glasses will run Google Android XR. Xreal Xreal on Tuesday announced a set of so-called “extended reality” glasses that run Google’s Android XR software, as the companies look to take on Meta and Apple in a new arena. The launch marks an early step from Alphabet‘s Google to become a

Xreal debuts first glasses to run Google’s Android XR operating system to take on Meta and Apple Read More »

Regeneron Pharmaceuticals to buy 23andMe and its data for 6 million

Regeneron Pharmaceuticals to buy 23andMe and its data for $256 million

A view of the 23andMe headquarters in Sunnyvale, California, on March 25, 2025. Tayfun Coskun | Anadolu | Getty Images Regeneron Pharmaceuticals on Monday announced it will acquire “substantially all” of 23andMe’s assets for $256 million. The drugmaker participated in a bankruptcy auction for 23andMe, a once high-flying genetic testing company that filed for for

Regeneron Pharmaceuticals to buy 23andMe and its data for $256 million Read More »

Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary

Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary

Imaginima | E+ | Getty Images Logistics startup Stord said Monday that it’s buying UPS subsidiary Ware2Go as it looks to expand its footprint in the e-commerce space. The company declined to provide specifics on the purchase price of the deal. The Atlanta-based company founded by former Thiel Fellow Sean Henry said the acquisition will

Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary Read More »

Nvidia announces new tech to keep it at the center of AI development

Nvidia announces new tech to keep it at the center of AI development

Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, May 19, 2025. Bloomberg | Bloomberg | Getty Images Nvidia CEO Jensen Huang made a slew of announcements and revealed new products on Monday that are aimed at keeping the company at the center of

Nvidia announces new tech to keep it at the center of AI development Read More »

Qualcomm to launch data center processors that link to Nvidia chips

Qualcomm to launch data center processors that link to Nvidia chips

Qualcomm CEO Cristiano Amon speaks at Computex 2025 in Taipei on May 19, 2025. Cheng Yu-chen | Afp | Getty Images Qualcomm on Monday said it plans to launch processors designed for data centers to power artificial intelligence, which will link to Nvidia’s chips. Nvidia’s graphics processing units (GPUs) have become a critical component in

Qualcomm to launch data center processors that link to Nvidia chips Read More »

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