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Tech News
/ 4 months agoBrazilian digital lender Nubank posts 42% profit boost; shares jump
Nu Holdings , which runs Brazilian digital lender Nubank, posted on Thursday a 42% increase in its net profit from a...
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Tech News
/ 4 months agoHedge funds shift bets to double down on Big Tech amid AI boom
Wall Street’s largest hedge funds, Bridgewater Associates, Tiger Global Management and Discovery Capital, increased their exposure to Big Tech in the...
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Tech News
/ 4 months agoOnline retailer Shein’s UK revenue grew 32% in 2024
Shein’s British business made 2.05 billion pounds ($2.77 billion) in sales in 2024, a 32.3% increase from the previous year, a...
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Tech News
/ 4 months agoApplied Materials’ forecast hit by China pause, export‑license woes; shares down 13%
Applied Materials forecast fourth-quarter revenue and profit below estimates on Thursday, citing weak demand in China and erratic orders from customers...
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Tech News
/ 4 months agoActivist Starboard buys more Salesforce stock after first demanding change in 2022
Activist Starboard Value, one of the first investors to publicly push Salesforce to make changes three years ago, increased its stake...
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Tech News
/ 4 months agoAI startup Cohere valued at $6.8 billion in latest fundraising, hires Meta execÂ
Canadian AI startup Cohere was valued at $6.8 billion following its latest $500 million funding round, as it seeks to expand...
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Tech News
/ 4 months agoApplied Materials sees lower-than-expected quarterly revenue, shares slump
Applied Materials forecast fourth-quarter revenue below estimates on Thursday, citing bumpy demand from clients amid economic uncertainty, sending its shares down...
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Tech News
/ 4 months agoBrazilian digital lender Nubank posts 42% net profit boost in second quarter
Nu Holdings , which runs Brazilian digital lender Nubank, posted on Thursday a $637 million second-quarter net profit, a 42% increase...
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Tech News
/ 4 months agoUS senators call for Meta probe after Reuters report on its AI policies
Two Republican U.S. senators called for a congressional investigation into Meta Platforms on Thursday after Reuters exclusively reported on an internal...
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Tech News
/ 4 months agoUS weighs taking stake in Intel, Bloomberg News reports
The Trump administration is in talks with Intel to have the U.S. government potentially take a stake in the chipmaker, Bloomberg...


