Oracle shares soar 13% on better-than-expected quarterly earnings
Oracle reported quarterly earnings on Monday that exceeded Wall Street's expectations. Shares rose 13% in extended trading.
Kif Leswing in asian news
Apple reverses course, approves Epic Games for app store in Europe
Apple has approved Epic Games' developer account in Sweden, which will allow the company to offer a competing app store on iPhones in Europe under a new antitrust regulation, the Digital Markets Act.
Epic Games says Apple retaliated over lawsuits by banning company's developer account
Apple has rejected Epic Games' application for a developer account it would use to launch an app store for iPhones in Europe, Epic CEO Tim Sweeney said Wednesday.
Apple CEO Tim Cook says company is 'investing significantly' in generative AI
Apple CEO Tim Cook said Wednesday that his company is pouring money into artificial intelligence, one of the strongest signals yet that the iPhone maker is embracing the generative AI craze that's consumed the tech industry.
Apple cancels plans to build an electric car
Apple will wind down its team working on electric cars, called Special Projects Group, according to Bloomberg.
FTC Chair Lina Khan takes victory lap on blocking Nvidia-Arm merger
Federal Trade Commission Chair Lina Khan cited the surging stock prices of Nvidia and Arm as an example of how blocking mergers can lead to increased innovation.
Nvidia set to report fourth-quarter earnings after the bell
Nvidia is scheduled to announce fiscal fourth-quarter earnings after the bell Wednesday in a highly anticipated report that will give Wall Street a sense of how long the AI boom can last.
Nvidia faces stiff test on Wall Street this week after 'parabolic' stock rally
When Nvidia reports fiscal fourth-quarter earnings after the market close Wednesday, it will do so as the world's third most valuable public company. Investors are giving the company little margin for error.