Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give back gains following sharp moves higher after the announcement of the Stargate AI initiative.
Nvidia shares tumbled Wednesday, dashing hopes for a quick recovery from losses earlier in the week amid concerns about the competitiveness of American AI firms and their spending on the emerging technology.
GE Aerospace jumps after better-than-expected earnings and American Airlines slumps on weak guidance ... Zuckerberg's $65 Billion AI Bet Benefits Nvidia And Other Players, Says Top Analyst ...
Electronic Arts tumbles after cutting guidance because of underperformance in its soccer game titles, while Arm Holdings and Nvidia give ... earnings and American Airlines slumps on weak guidance.
Microsoft (MSFT)-backed OpenAI is collaborating with the U.S. National Laboratories to boost their scientific research using AI reasoning models.
The tech-heavy Nasdaq Composite ( ^IXIC) rose 0.3%, while S&P 500 ( ^GSPC) moved up 0.3%. The Dow Jones Industrial Average ( ^DJI) hovered around the flatline, in the wake of a losing day on Wall Street.
"During the past 24 months or so, Apple has been the stock everyone has loved to hate, and that trend has continued into 2025," Rubin told clients in a new note. "Apple has been left behind in this year's rally but the stock's decline this January is reminiscent of the start of last year."
US stocks struggled to make headway on Thursday as investors digested megacap tech earnings and waited for Apple (AAPL) results for more clues on prospects for Big Tech. After the Federal Reserve stood pat on interest rates as expected,
When OpenAI released ChatGPT in 2022, companies started spending billions on GPUs to train AI models. Nvidia led the market for graphics processing units (GPUs), so it was the right company at the right time to deliver monster returns to investors.
Bloomberg News Now is a comprehensive audio report on today's top stories. Listen for the latest news, whenever you want it, covering global business stories around the world.
A regional jet carrying 60 passengers and four crew members collided with a military helicopter on Wednesday night as it approached Reagan National Airport. The flight was en route from Wichita, Kansas to Washington,