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Dell shares soar 15% after beating earnings expectations, cites rising demand for AI servers

2 min read

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Dell shares soar 15% after beating earnings expectations, cites rising demand for AI servers

admin February 29, 2024

Shares of Dell Technologies popped in extended trading Thursday after the company released fourth-quarter results.

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Apple expands self-service repair program to latest M3 Macs

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Apple expands self-service repair program to latest M3 Macs

admin February 29, 2024

Apple is expanding its self-service repair program to include its MacBook Pro and iMac models powered by...

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Snowflake shares drop 20% on CEO’s retirement, weak guidance

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Snowflake shares drop 20% on CEO’s retirement, weak guidance

admin February 29, 2024

Shares of Snowflake dropped 20% during Thursday morning trading, a day after the company announced that billionaire...

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Microsoft introduces Copilot AI chatbot for finance workers in Excel and Outlook

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Microsoft introduces Copilot AI chatbot for finance workers in Excel and Outlook

admin February 29, 2024

After going after sales and customer service, now Microsoft is focusing on finance, a corporate function where...

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Ransomware group Blackcat is behind cyberattack on UnitedHealth division, company says

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Ransomware group Blackcat is behind cyberattack on UnitedHealth division, company says

admin February 29, 2024

Change Healthcare confirmed that ransomware group Blackcat is behind the ongoing cybersecurity attack that's been impacting its...

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Bitcoin rises, trading at $62,000 to cap a winning month

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Bitcoin rises, trading at $62,000 to cap a winning month

admin February 29, 2024

Crypto prices rose on Thursday as bitcoin and ether headed for a winning month.

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Humanoid robot startup Figure AI valued at $2.6 billion as Bezos, OpenAI, Nvidia join funding

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Humanoid robot startup Figure AI valued at $2.6 billion as Bezos, OpenAI, Nvidia join funding

admin February 29, 2024

Founded in 2022, Figure AI has developed a general-purpose robot, called Figure 01, that looks and moves...

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Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China

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Alibaba Cloud slashes prices by as much as 55% to fuel AI growth in China

admin February 29, 2024

The move aims to make "cloud capabilities more inclusive and accessible in the era of AI," said...

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Elon Musk again promises next-generation Roadster, six years after first hyping it

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Elon Musk again promises next-generation Roadster, six years after first hyping it

admin February 29, 2024

Tesla CEO Elon Musk wrote a series of posts promising that the company is working on a...

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Water scarcity threatens chipmakers like TSMC and could push prices higher, according to S&P

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Water scarcity threatens chipmakers like TSMC and could push prices higher, according to S&P

admin February 29, 2024

TSMC's dominance in the chip industry could allow it to charge higher prices if supplies dip.

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Bitcoin bull Michael Saylor nets $700 million in gains on 3-day pop in crypto and MicroStrategy

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Bitcoin bull Michael Saylor nets $700 million in gains on 3-day pop in crypto and MicroStrategy

admin February 28, 2024

MicroStrategy Chairman Michael Saylor is having a huge week, given the massive three-day rally in his company's...

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Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20%

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Snowflake says Frank Slootman is retiring as CEO, stock plunges more than 20%

admin February 28, 2024

Snowflake said CEO Frank Slootman is retiring and being replaced by Google's former ad head.

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Salesforce beats on earnings but forecasts single-digit revenue growth for the year

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Salesforce beats on earnings but forecasts single-digit revenue growth for the year

admin February 28, 2024

Salesforce said revenue growth will slow to 8.6% in the new fiscal year, but revenue guidance exceeds...

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EA to lay off 5% of workforce, or about 670 employees

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EA to lay off 5% of workforce, or about 670 employees

admin February 28, 2024

EA's announcement marks the latest round of layoffs among video game companies in recent months.

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Apple CEO Tim Cook says company is ‘investing significantly’ in generative AI

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Apple CEO Tim Cook says company is ‘investing significantly’ in generative AI

admin February 28, 2024

Tim Cook's remarks at Apple's annual shareholder meeting represent one of the strongest signals that Apple is...

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Coinbase users see $0 balance after crypto-trading app suffers glitch

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Coinbase users see $0 balance after crypto-trading app suffers glitch

admin February 28, 2024

Coinbase users took to social media platform X on Wednesday screenshots showing that their accounts appeared to...

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Google CEO tells employees Gemini AI blunder ‘unacceptable’

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Google CEO tells employees Gemini AI blunder ‘unacceptable’

admin February 28, 2024

The Google CEO said the company is working around the clock on a fix for its AI...

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Top Amazon aggregator Thrasio files for bankruptcy

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Top Amazon aggregator Thrasio files for bankruptcy

admin February 28, 2024

Aggregators like Thrasio raised billions of dollars from investors looking to cash in on the third-party seller...

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Bitcoin jumps above $60,000 for the first time since November 2021

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Bitcoin jumps above $60,000 for the first time since November 2021

admin February 28, 2024

Bitcoin continued its surge on Wednesday, shooting above $60,000 for the first time since November 2021.

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Biden to issue executive order aimed at protecting Americans’ sensitive data from China, other ‘hostile countries’

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Biden to issue executive order aimed at protecting Americans’ sensitive data from China, other ‘hostile countries’

admin February 28, 2024

U.S. President Joe Biden will issue a new executive order intended to safeguard the personal data of...

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