By Lewis Krauskopf NEW YORK (Reuters) -An earnings report from semiconductor giant and artificial intelligence bellwether Nvidia takes center stage for Wall Street in the coming week, as stocks hit a speed bump of worries over federal deficits driving up Treasury yields. U.S. equities have pulled back this week after a torrid rally, as investors…
(Reuters) -Alphabet shares jumped 4% on Thursday, rising for a second straight day, as investors cheered the Google parent’s artificial intelligence updates including the rolling out of “AI Mode” to all its U.S. users. A $249.99-a-month subscription for its AI power users, teased at its annual developer conference, also allayed concerns over funding the huge…
(Reuters) -The U.S. Justice Department is probing whether Alphabet’s Google violated antitrust law in its agreement with Character.AI that allows the tech giant to use the AI startup’s technology, Bloomberg Law reported on Thursday. Antitrust enforcers have recently told Google they are examining whether the company structured the agreement with Character.AI to avoid formal government…
By Ateev Bhandari and Niket Nishant (Reuters) -MNTN, an advertising platform for internet-connected TVs which has actor Ryan Reynolds as its chief creative officer, secured a valuation of $1.62 billion after its shares jumped 31.25% in their debut on the NYSE on Thursday, signaling continued momentum in the recovering IPO market. The U.S. adtech’s stock…
Where Opportunity Hides in Plain Sight In today’s market, the spotlight tends to shine on mega-cap tech giants trading at sky-high valuations. But savvy investors know that some of the most exciting opportunities lie elsewhere—among lesser-known Nasdaq-listed companies still trading under $50. These stocks may lack the buzz of household names, but many are backed…
(Reuters) -Microsoft said on Wednesday its Digital Crimes Unit (DCU) filed a legal action against Lumma Stealer last week, after it found nearly 400,000 Windows computers globally infected by the information-stealing malware in the past two months. Lumma is capable of stealing data from various browsers and applications, such as cryptocurrency wallets, and installing other…
By Timothy Gardner WASHINGTON (Reuters) – The Trump administration said on Wednesday it will redirect $365 million in funding for Puerto Rico’s power grid that had been awarded during the previous administration to support rooftop solar power and battery storage. Puerto Rico has long dealt with widespread power outages due to the U.S. territory’s crumbling…
(Reuters) -Amazon is testing AI-powered short-form audio summaries on select product detail pages, the e-commerce giant said on Wednesday, as tech companies continue to integrate artificial intelligence across their platforms. The new feature offers summaries about products based on an AI-driven analysis of product details, customer reviews, and other related information from the internet. Currently…
(Reuters) -U.S. President Donald Trump picked a design for his Golden Dome missile defense system and named a leader of the ambitious $175 billion defense program. Here are details on Golden Dome, where the idea comes from and how it will work. HOW WILL IT WORK? The aim is for Golden Dome to leverage a…
(Reuters) -Apple is preparing to allow third-party developers to write software using its artificial intelligence models, in a push to boost the creation of new applications, Bloomberg News reported on Tuesday, citing people with knowledge of the matter. The tech major is working on a software development kit and related frameworks that would allow outsiders…
