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Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback

Ride-hailing giant Grab posts first profitable quarter, announces 0 million share buyback

2 min read

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Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback

admin February 23, 2024

On Thursday, Grab posted its first-ever profitable quarter, raking in $11 million in profit.

Block shares surge as much as 14% after company announces surprise profit

2 min read

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Block shares surge as much as 14% after company announces surprise profit

admin February 22, 2024

There was particularly strong growth in Block's payment platform, Cash App, and its point-of-sale suite, Square.

OpenAI CEO Sam Altman stands to net millions as Reddit goes public

3 min read

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OpenAI CEO Sam Altman stands to net millions as Reddit goes public

admin February 22, 2024

Sam Altman used Reddit every day for years before leading a $50 million round in the online...

Reddit files to list IPO on NYSE under the ticker RDDT

4 min read

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Reddit files to list IPO on NYSE under the ticker RDDT

admin February 22, 2024

Reddit's debut will mark the first major tech initial public offering of the year and the first...

AT&T cellular outage in United States disrupts vital services

2 min read

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AT&T cellular outage in United States disrupts vital services

admin February 22, 2024

A cellular outage early on Thursday hit thousands of AT&T users in the United States, disrupting calls,...

AI and semiconductor stocks surge after Nvidia’s earnings beat

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AI and semiconductor stocks surge after Nvidia’s earnings beat

admin February 22, 2024

Following Nvidia's earnings report, share prices of rivals Advanced Micro Devices and SoftBank-backed U.K. chip designer Arm...

Nvidia shares pop 12% after AI-fueled bumper earnings

2 min read

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Nvidia shares pop 12% after AI-fueled bumper earnings

admin February 22, 2024

Nvidia chips are used to train the huge AI models such as those developed by Microsoft and...

EV boat maker Arc debuts a premium wake sport model for $258,000

EV boat maker Arc debuts a premium wake sport model for 8,000

2 min read

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EV boat maker Arc debuts a premium wake sport model for $258,000

admin February 21, 2024

Founded by ex-SpaceX engineer Ryan Cook, and repeat entrepreneur Mitch Lee, Arc Boat Co. is on a...

Nvidia set to report fourth-quarter earnings after the bell

2 min read

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Nvidia set to report fourth-quarter earnings after the bell

admin February 21, 2024

Nvidia has been the primary beneficiary of the obsession with large AI models, which are developed on...

Nearly all doctors feel burnout, but many are encouraged by potential of AI, survey says

3 min read

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Nearly all doctors feel burnout, but many are encouraged by potential of AI, survey says

admin February 21, 2024

Doctors are struggling with burnout, staffing shortages and overwhelming administrative workloads, but many believe AI can help,...

Uber Eats to begin self-driving robot deliveries in Japan

1 min read

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Uber Eats to begin self-driving robot deliveries in Japan

admin February 21, 2024

The sidewalk robot deliveries are set to start by the end of March in a select area...

Amazon to replace Walgreens in Dow Industrial Average next week

2 min read

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Amazon to replace Walgreens in Dow Industrial Average next week

admin February 21, 2024

The change will give investors greater exposure to consumer retail, as well as cloud infrastructure and advertising.

Crown Castle co-founder launches proxy fight after Elliott rejection

4 min read

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Crown Castle co-founder launches proxy fight after Elliott rejection

admin February 21, 2024

Miller, who left Crown Castle more than two decades ago, called Elliott's cooperation agreement with the company...

News

Ride-hailing giant Grab posts first profitable quarter, announces $500 million share buyback

Block shares surge as much as 14% after company announces surprise profit

OpenAI CEO Sam Altman stands to net millions as Reddit goes public

San Jose bakery loses thousands of dollars after Tesla reportedly cancels large order

Reddit files to list IPO on NYSE under the ticker RDDT

AT&T cellular outage in United States disrupts vital services

Google pauses Gemini AI image generator after it created inaccurate historical pictures

AI and semiconductor stocks surge after Nvidia’s earnings beat

Google to start manufacturing Pixel smartphones in India by next quarter

Delivery Hero ends talks to sell Foodpanda in Southeast Asia after months of negotiations

Nvidia shares pop 12% after AI-fueled bumper earnings

EV boat maker Arc debuts a premium wake sport model for $258,000

Nvidia set to report fourth-quarter earnings after the bell

Nearly all doctors feel burnout, but many are encouraged by potential of AI, survey says

Shares of supplier TSMC, chip equipment maker ASML fall ahead of Nvidia’s earnings report

Uber Eats to begin self-driving robot deliveries in Japan

Skull and Bones, Singapore’s first major video game title, launches to mixed reviews after decade-long wait

Jeff Bezos unloads around $2.4 billion in Amazon stock, bringing recent sales to 50 million shares

Amazon to replace Walgreens in Dow Industrial Average next week

Crown Castle co-founder launches proxy fight after Elliott rejection

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