Technology

Palantir Stock Rallies Ahead of Quarterly Results as Investors Weigh Lofty Valuation

Palantir shares climbed ahead of its quarterly results as investors weigh strong AI-driven growth against one of the steepest valuations in tech.

Washington Wildfires Destroy Hundreds of Structures, Force 60,000 to Evacuate Near Spokane

Wildfires near Spokane have destroyed at least 600 structures and forced 60,000 people to evacuate, with the blazes 0% contained amid dry conditions.

Palantir Stock Rallies Ahead of Quarterly Results as Investors Weigh Lofty Valuation

Palantir shares climbed ahead of its quarterly results as investors weigh strong AI-driven growth against one of the steepest valuations in tech.

Visa to Acquire Fraud Intelligence Firm BioCatch in $2.4 Billion Cybersecurity Push

Visa has agreed to acquire fraud intelligence firm BioCatch for $2.4 billion, expanding its cybersecurity and behavioral biometrics capabilities.

SpaceX Faces First Earnings Test as Post-IPO Slump Rattles Investors

SpaceX prepares to report its first quarterly earnings as a public company amid a sharp post-IPO share decline, putting Elon Musk under fresh investor scru

Amazon CEO Andy Jassy Targets Bureaucracy to Revive Startup Culture

Amazon CEO Andy Jassy is pushing to eliminate bureaucracy within the company as part of his broader mission to reset its culture and keep...

Baidu Stock Surges as AI Push Wins Investor Confidence

Baidu shares surged in Hong Kong on Wednesday, climbing nearly 16% as the company doubled down on artificial intelligence, a shift that has attracted...

Huawei Launches Mate XTs Trifold Smartphone with Innovative Design

Huawei has unveiled the second generation of its trifold smartphone, the Huawei Mate XTs, as the company seeks to strengthen its position in China...

JetBlue Teams Up with Amazon’s Project Kuiper for High-Speed In-Flight Wi-Fi

JetBlue Airways has announced plans to equip roughly a quarter of its fleet with Amazon’s Project Kuiper satellite technology to enhance in-flight Wi-Fi, with...

Atlassian Acquires AI Browser Startup The Browser Co. for $610 Million

Atlassian has announced its acquisition of The Browser Co., an AI-focused web browser startup, for $610 million in cash, with the deal expected to...

Figma Shares Drop 20% Following First Post-IPO Earnings Report

ChatGPT said: Figma’s stock experienced a dramatic decline of nearly 20% on Thursday, hitting its lowest level since the company went public in July. The...

Salesforce Stock Falls After Q2 Earnings Despite AI Growth

ChatGPT said: Salesforce faced another setback as its stock dropped nearly 5% following a cautious revenue forecast in its latest quarterly earnings report, extending its...

Sierra AI Startup Reaches $10 Billion Valuation After $350M Funding

Bret Taylor’s artificial intelligence startup, Sierra, has reached a milestone with a $10 billion valuation after securing $350 million in new funding. This places...

Waymo to Launch Autonomous Robotaxi Service at San Jose Airport

Alphabet’s autonomous vehicle unit, Waymo, is preparing to launch test rides for its robotaxis at San Jose Mineta International Airport in California this fall....

OpenAI Expands in India with ChatGPT Growth and Local Initiatives

OpenAI is rapidly expanding its presence in India, recognizing the country as a critical market for its ChatGPT product. India’s large and youthful population...

OpenAI Launches AI Jobs Platform and Expanded Certification Programs

ChatGPT said: OpenAI has announced plans to launch an AI-focused jobs platform aimed at connecting qualified candidates with companies, part of a broader strategy to...

Tesla Proposes $975 Billion Pay Plan for CEO Elon Musk

Tesla has proposed an unprecedented pay plan for CEO Elon Musk, seeking shareholder approval for a package that could be worth nearly $975 billion...

Broadcom Shares Soar as $10 Billion AI Customer Boosts Growth Outlook

ChatGPT said: Broadcom shares surged 9.4% after the chipmaker revealed it had secured a new $10 billion customer, widely believed by analysts to be AI...

EU Slaps Google with $3.45 Billion Antitrust Fine Over Adtech Practices

Google has been hit with a 2.95-billion-euro ($3.45 billion) antitrust fine by European Union regulators over alleged anti-competitive practices in its advertising technology business....

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