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Tesla Optimus Rival? Jeff Bezos, Microsoft And Nvidia Join Forces To Fund Humanoid Robot Startup

benzinga.com Jeff Bezos and big tech giants, Nvidia Corp. NVDA, and Microsoft Corp. MSFT are investing in a humanoid robot startup, Figure AI Inc. What Happened: Figure AI is raising…

Mark Cuban Takes A Dig At Elon Musk On Equal Pay: Would You Adjust Salaries For 'Historically' Under Paid Demographic At Tesla And Other Companies?

benzinga.com Shark Tank host Mark Cuban is taking on Tesla Inc. CEO Elon Musk once again. This time, it's over concerns about the wage gap between demographics. What Happened: Cuban…

Jeff Bezos and Nvidia join OpenAI and Microsoft in backing a humanoid robot unicorn valued at $2 billion, sources say

fortune.com Jeff Bezos, Nvidia Corp. and other big technology names are investing in a business that’s developing human-like robots, according to people with knowledge of the situation,…

Is This How Skynet Begins? Bezos, Nvidia Join OpenAI In Funding Humanoid Robotics Firm

zerohedge.com Is This How Skynet Begins? Bezos, Nvidia Join OpenAI In Funding Humanoid Robotics Firm A startup focused on developing general-purpose humanoids has attracted investments…

From Meme To Mainstream: Palworld Celebrates 25 Million Players Despite (Or Because?) Of Pokémon Plagiarism Controversy

benzinga.com Palworld, a game often likened to "Pokémon With Guns," has reached a remarkable milestone of over 25 million players within a month of its early access launch. Developed by…

Nvidia set to top $2 trillion valuation in first for chipmakers

siliconvalley.com By Subrat Patnaik | Bloomberg Santa Clara-based Nvidia Corp. is set to become the first semiconductor firm with a $2 trillion valuation, another milestone in its ascendancy…

Nvidia vaults to world's fourth-biggest company by market cap on AI optimism

aol.com Chipmaker Nvidia Corp has become the world's fourth largest company by market capitalisation, after a 16.4% surge on Thursday when a quarterly earnings report surpassed…

Saudi Wealth Fund Pitches Mohammed Bin Salman's Kingdom As AI Hub Outside US: 'We Are Fairly Well Positioned'

benzinga.com In a recent development, Yasir Al-Rumayyan, the head of Saudi Arabia’s Public Investment Fund (PIF), is positioning Mohammed bin Salman‘s kingdom as a potential hub for…

Meta’s stock bounce shows how big-ticket job cuts can pay off

financialpost.com Layoffs are being mentioned on United States earnings calls at the highest rate since the pandemic — and as Meta Platforms Inc. shows, such cost cutting can pay off for…

Nasdaq Futures Up 2% as Nvidia Powers Global Rally: Markets Wrap

finance.yahoo.com Nvidia Corp.’s blowout sales forecast took center stage in markets, fanning gains in tech stocks around the world and propelling Nasdaq 100 futures to a 2% gain. • None…

Nvidia’s earnings have been growing even faster than the stock

fortune.com Nvidia Corp.’s blowout earnings report lifted shares and assured the market that artificial intelligence mania is still going strong. It might also make the stock look…

What bubble? Nvidia profits are rising even more than its stock

finance.yahoo.com Nvidia Corp.’s blowout earnings report lifted shares and assured the market that artificial intelligence mania is still going strong. It might also make the stock look…

A treasure trove of allegedly leaked documents on GitHub could show the scale of Chinese hacking

fortune.com A huge trove of documents on GitHub appeared to outline in extraordinary detail the scope of China’s state-sponsored cyberattacks on foreign governments, transfixing the…

Nvidia Surges After AI Boom Shows No Signs of Letting Up

finance.yahoo.com Nvidia Corp. surged in late trading after delivering another eye-popping sales forecast, adding fresh momentum to a stock rally that already made it the world’s most…

Xbox's Phil Spencer Announces Day-One Release Of All Activision Games On Xbox Game Pass: Is Call Of Duty Included?

benzinga.com Xbox boss Phil Spencer has revealed that Microsoft Corp. MSFT plans to release all games from Activision Blizzard, ZeniMax (which includes Bethesda, MachineGames, and iD…

All eyes on earnings at chipmaker Nvidia

fortune.com Nvidia Corp.’s market-leading advance has left even the bulls questioning if an earnings beat will be enough to propel the AI chipmaker’s shares higher. The key now, for…

Warren Buffett Has Spent 70 Years Of His Life Married

finance.yahoo.com Warren Buffett, the 93-year-old investment icon and one of the richest men in the world, is renowned not only for his unparalleled success in the financial realm but also…

Microsoft Will Use Intel to Manufacture Home-Grown Processor

finance.yahoo.com Intel Corp. has landed Microsoft Corp. as a customer for its made-to-order chip business, marking a key win for an ambitious turnaround effort under Chief Executive Officer…

Opening Bell: 2.21.24

dealbreaker.com Amazon to replace Walgreens in Dow Industrial Average next week [CNBC]“Reflecting the evolving nature of the American economy, this change will increase consumer retail…

Nvidia's Earnings Hold Key To Assess Market's 'Buying Power,' Says Fundstrat's Tom Lee: 'There's An Equal Chance…The Stock Sells Off'

benzinga.com In a recent interview, Tom Lee, the managing partner at Fundstrat Global Advisors, suggested that the upcoming earnings report of Nvidia NVDA could be a significant…

China Stocks Jump as Authorities Step Up Support: Markets Wrap

finance.yahoo.com Chinese shares rallied after policymakers took more steps to revive investor confidence, defying broader weakness in Asia following a tech-led retreat on Wall Street. • None…

Nvidia sees its biggest market-cap loss ever as stock has worst day in 4 months

marketwatch.com Nvidia Corp. is about to report another set of blowout results Wednesday, but Wall Street has come to expect that more and more from the chip giant. Perhaps that’s why…

Microsoft's Xbox Game Pass Surges To 34 Million Subscribers: What's New In February, March 2024?

benzinga.com The latest update from Xbox Wire outlines the new additions to Xbox Game Pass for the end of February and the beginning of March 2024. Seven titles are joining the service,…

3 ways a ‘Magnificent Seven’ stock-market bubble could burst

marketwatch.com If the megacap tech rally is indeed a bubble, how might it end? Megacap technology shares remain in the driver’s seat as the stock market extends a narrowly led bull run…

Nvidia Stock Tops All Other Megatech Companies

247wallst.com It is simple math. So far, Nvidia stock is up 46% this year. Meta’s is up 34%, while Amazon’s is up 7%, Alphabet’s is flat, and Apple’s is down 5%. What happened? Other than…

Goldman Lifts S&P 500 Target to 5200 on Profit Expansion

finance.yahoo.com Just months after setting a 2024 target for the S&P 500 Index, Goldman Sachs Group Inc. strategists have boosted their forecast for a second time as the stock market…

Nvidia’s earnings report could kill the momentum driving U.S. stocks higher, regardless of how it turns out

marketwatch.com Wall Street is growing increasingly uneasy about an options-driven momentum trade that has helped push the S&P 500 index into record territory. As demand for bullish call…

Bullish bets on Nvidia, other ‘Magnificent Seven’ members near their most crowded levels in the past year

marketwatch.com Bets on risky bullish options tied to members of the “Magnificent Seven” and other market-leading technology stocks are nearing their most crowded levels in the past year,…

Citadel Is The Most Successful Hedge Fund In History: Here Are Its Top Investment Picks

finance.yahoo.com Citadel LLC is one of the largest hedge funds based in the U.S., with approximately $92.46 billion in total assets under management as of Sept. 30, 2023. Citadel has…

Call Of Duty Pros Sue Activision Over Alleged Tournament Monopoly

benzinga.com In a lawsuit filed in a Los Angeles federal court, prominent players of the video game Call of Duty accused Microsoft Corp.'s MSFT Activision Blizzard Inc. of establishing…

Mark Your Calendars For Microsoft's Xbox Showcase: 'Some Exciting Stuff Coming Out,' Exec Says

benzinga.com Microsoft Corp. MSFT has announced plans for an Xbox Showcase event in June 2024. "Xbox is keeping our promise to bring more games to more players around the world," the…

Lilly’s Climb Has Morgan Stanley Asking $1 Trillion Question

finance.yahoo.com Eli Lilly & Co.’s relentless stock records have Morgan Stanley analysts musing whether it will become the first US company outside of the Magnificent Seven to reach a market…

Google Announces Free AI Cyber Tools to Bolster Online Security

finance.yahoo.com Alphabet Inc.’s Google announced an initiative to provide artificial intelligence tools and investments to bolster online security, as the emerging technology is…

Arista Networks stock soars past big tech rival Cisco

marketbeat.com Arista Networks Inc. NYSE: ANET may not be as well known among tech investors as Cisco NASDAQ: CSCO, but it's outperformed its larger rival by a wide margin in the past…

Top AI Memory Maker SK Hynix May Add to 95% Rally

finance.yahoo.com Investors are bullish on the chance for more gains in shares of Nvidia Corp.’s top memory supplier SK Hynix Inc., which remain cheap even after a huge runup. • None Japan…

Restaurant-Software Firm Toast to Cut 550 Workers

finance.yahoo.com Toast Inc., a restaurant-focused software company, will cut about 550 employees, adding to the spate of technology industry workforce reductions since the start of 2024. •…

Xbox Promises 'Largest Technical Leap' Yet In Gaming Hardware, Plus: 4 Titles Launching On Other Consoles?

benzinga.com Microsoft Corp.'s MSFT Xbox recently disclosed its future trajectory during a podcast featuring executives Phil Spencer, Sarah Bond, and Matt Booty. The video game hinted at…

Steve Jobs Once Called Google On A Sunday To Complain About Logo's Appearance On His iPhone –

benzinga.com In an account shared by Vic Gundotra, Google’s former vice president of engineering, a story from January 2008 highlights the meticulous attention to detail of Steve Jobs,…

Retail Sales Shocker, Stock Market Providing Opportunities Beyond Magnificent Seven And AI

benzinga.com To gain an edge, this is what you need to know today. Please click here for an enlarged version of the chart of Uber Technologies Inc UBER. • The Morning Capsule is about…

Klimt's Hidden Gem Emerges: Portrait Of Fraulein Lieser To Shine At Spring Auction, Anticipated To Fetch $54 Million

benzinga.com After nearly a century of obscurity, a masterpiece by Gustav Klimt is set to captivate the art world as it heads to auction this spring. The "Portrait of Fraulein Lieser,"…

Posthaste: Brace for more pain in commercial real estate as a mountain of debt comes due

financialpost.com Now a new threat looms as hundreds of billions of dollars in loans reaches maturity over the next few years, says a new report from TD Economics. Make no mistake, this is…

QCP Capital: New Bitcoin All-Time High Coming By March-End, Thanks to Bitcoin ETFs

coingape.com The newly launched spot Bitcoin ETFs have attracted billions of dollars with fresh inflows making new highs on a daily basis. Earlier this week on Tuesday, BlackRock’s…

Appaloosa takes new stakes in Oracle and GM, raises stakes in Alibaba and Microsoft

marketwatch.com David Tepper’s Appaloosa hedge fund took new stakes in Oracle Corp. and General Motors Co., to name a few, and increased its holdings in Alibaba Group and Microsoft Corp.,…

The World's First Floating Xbox Controller? Here's How You Can Win Microsoft's Collaboration With 'Dune: Part Two'

benzinga.com Microsoft Corp. MSFT unveiled a unique collaboration with the upcoming film "Dune: Part Two," introducing the "world's first floating Xbox controller" alongside a…

EU mulls easing merger rules for telecoms, Big Tech to help pay network costs

aol.com EU regulators may ease their rules against mobile telecoms mergers and broaden telecoms rules to get Big Tech and others to help fund the rollout of 5G, according to a…

'Not That Interested In Killer Robots:' Instead, OpenAI CEO Sam Altman Is Worried 'Subtle Misalignments' Could Make AI Dangerous

benzinga.com In a recent address at the World Government Summit in Dubai, OpenAI CEO Sam Altman expressed apprehensions about the potential hazards of artificial intelligence (AI), which…

Microsoft Brass Phil Spencer, Sarah Bond To Break Silence On Xbox Podcast: What Gamers Need To Know

benzinga.com Microsoft Corp.'s MSFT Xbox is poised to unveil its future direction in a special edition of the Official Xbox Podcast, featuring key figures such as Microsoft Gaming CEO…

Sam Altman says the UAE could become a 'regulatory sandbox' for AI

fortune.com OpenAI’s Sam Altman said the United Arab Emirates could serve as the world’s “regulatory sandbox” to test artificial intelligence technologies and later spearhead global…

Apple's iMessage Escapes Antitrust Threat, EU Says It Does Not Qualify As A 'Gatekeeper Service'

benzinga.com European Union's antitrust threat over Apple Inc.'s AAPL iMessage has blown over, with the commission concluding that it does not qualify as a "gatekeeper service" under the…

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