Nvidia reportedly faces a U.S. DOJ antitrust probe after complaints from rivals
The U.S. Department of Justice is investigating complaints that Nvidia allegedly abused its market dominance in artificial intelligence chips, The Information reported.
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Exxon earnings beat as production in Guyana and Permian sets a record
ExxonMobil on Friday posted its second highest results for the second quarter in the past decade, as the company achieved record production in Guyana and the Permian Basin.
An August stocks slump is ‘absolutely normal’ — but strategists urge caution on buying the dip
Strategists on Friday urged investors to take a cautious approach to a global stock market sell-off, warning it may be too early to buy the dip given that shares "look vulnerable to further falls."
Nintendo profit falls 55% as sales of its ageing Switch console plunge
Nintendo on Friday reported revenue and profit that plunged in the company's fiscal first quarter, as sales of the ageing Switch console decline.
Why all semiconductor firms are not benefiting from the AI boom like Nvidia has
Not all chip firms are benefiting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain and dominance of some companies over others in different parts of the sector.
Li Auto's July deliveries hit a record as Chinese EV consumers prefer hybrid options
BEIJING — Chinese new energy vehicle company Li Auto announced Thursday it delivered a record number of cars in July, boosted by sales of its new, lower-cost Li L6 SUV.
An Australian inquiry blames Israeli military failings for a fatal drone attack on a Gaza aid convoy
MELBOURNE, Australia (AP) — The Israeli military’s attack on an aid convoy in Gaza in April that killed seven people was the result of serious failures of defense procedures, mistaken identification and errors in decision-making, according to an Australian investigation that was made public Friday.
A fire sweeps through a building in Manila’s Chinatown, killing at least 11
MANILA, Philippiines (AP) — A fire swept through a part of a small building in Manila’s crowded Chinatown district Friday, leaving at least 11 people dead, police said, adding that an investigation was underway to determine the cause of the blaze.