Author: franperez66q@protonmail.com
China’s MiniMax releases H3 video model Source link
Asha Sharma, CEO of Xbox at Microsoft, speaks at the Bloomberg Tech conference in San Francisco on June 4, 2026.David Paul Morris | Bloomberg | Getty ImagesMicrosoft’s new Xbox chief is looking to push the gaming unit’s margin back in line with its rivals by next year and beat them on profitability by mid-2030.”We will not live on past successes or be trapped by past failures,” CEO Asha Sharma wrote in a Thursday message to staff members that CNBC viewed. “We will learn from both and put our energy into creating what players will love for decades.”Sharma, a former Instacart…
Should you buy the dip in Samsung and SK Hynix? Source link
TOPSHOT – Currency dealers monitor exchange rates in a foreign exchange dealing room at the Hana Bank headquarters in Seoul on February 2, 2026. South Korea’s benchmark index Kospi tumbled more than five percent on February 2, in line with a sell-off across Asian markets amid fresh worries about an AI-fuelled tech rally that has sparked fears of a bubble in the sector. (Photo by Jung Yeon-je / AFP via Getty Images)Jung Yeon-je | Afp | Getty ImagesSouth Korea’s stock market staged its sharpest reversal on record on Friday, capping a month of wild swings that underscored how tightly the…
Why is Z.AI stock surging today? Source link
Steve Huffman, co-founder and CEO of Reddit, speaks during WSJ Tech Live conference hosted by the Wall Street Journal at the Montage Laguna Beach in Laguna Beach, California, on October 21, 2024. Frederic J. Brown | Afp | Getty ImagesAs Google continues pushing AI-powered summaries to users, sites like Reddit aren’t getting the kind of referral traffic they did in the past. Reddit CEO Steve Huffman said in an interview on Thursday, coinciding with his company’s quarterly earnings report, that Google’s artificial intelligence offering called AI Overviews has created uncertainty when it comes to search-derived traffic. Reddit has historically been a…
Why is Tesla stock climbing after-hours? Source link
Omar Marques | Lightrocket | Getty ImagesSouth Korea’s chip heavyweights SK Hynix and Samsung Electronics skyrocketed in Seoul on Friday, tracking a sharp rally in U.S. technology stocks after blockbuster earnings from Amazon and Microsoft revived optimism around artificial intelligence spending.SK Hynix was last trading over 25% higher, putting it on course for its best day on record if gains hold. Samsung rose more than 20%. LG Innotek advanced 11.2% and Seoul Semiconductor rose 7.8%. Japanese chip stocks also rallied sharply. Advantest, climbed nearly 18%, while Tokyo Electron gained almost 9%, Disco rose over 13%, Lasertec advanced more than 12%…
Tesla weighs sale of China business to pave way for potential SpaceX merger, WSJ reports Source link
Apple on Thursday evening reported quarterly beats on its top and bottom lines. But even the world’s greatest consumer products company is not immune to skyrocketing memory prices caused by massive shortages. Revenue in Apple’s fiscal 2026 third quarter ended June 27 increased 16% to $109.42 billion, ahead of the $108.65 billion expected, according to LSEG. Earnings per share (EPS) jumped 29% to $2.02, ahead of estimates of $1.89, according to LSEG. Tariff refunds added about 11 cents to EPS. Stripping out the benefit, earnings exceeded expectations by 2 cents. Why we own it Apple’s dominant hardware and high-margin services…